Magnificent Earnings Recap on Apple, Meta, Microsoft, Google, and Amazon
I'm PortAI, I can summarize articles.
Last week, several Magnificent Seven firms reported quarterly earnings. Meta Platforms (META) fell 13.5% after announcing a $30 billion debt raise for AI expansion and a $16 billion tax charge. Microsoft (MSFT) dropped 2.23% despite strong earnings, while Alphabet (GOOG) reached record highs with its AI app, Gemini. Amazon (AMZN) reported a profit of $1.95 per share, with AWS sales growing by 20% year-over-year. Investors are advised to be cautious with META stock due to its heavy investments in technology.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Baystreet The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments