Big-Tech’s PerformanceWith the election approaching, and important events such as the jobs report and the interest rate meeting, the big tech-led market has also been at high levels and is not immune to more pullback pressure.Next week's election will determine the trend of some concept companies, the entire broad market volatility will not be small.By the close of November 1, Big Tech as a whole retreated over the past week with $Apple(AAPL)$ -2.02%, $NVIDIA Corp(NVDA)$ -5.45%, $Microsoft(MSFT)$ -4.33%, $Amazon.com(AMZN)$ +0.01%, $Alphabet(GOOG)$

$Apple(AAPL)$ Q3 earnings report, while a small beat, didn't surprise the market too much, dropping 1.8% after hours in a big pullback for the broader market as a whole, back to before last quarter's earnings report, which was almost a full quarter without too much volatility.I. Financial data performanceRevenue and ProfitTotal Revenue: Revenue for the quarter was $94.9 billion, an increase of 6.1% year-over-year, above market expectations of $94.36 billion.Gross Profit Margin: Gross profit margin was 46.2%, largely in line with market expectations, and the company had solid cost control.Net profit: After taking into account the US$10.2 billion EU back tax, net profit was US$14.74 billion, down 35.8% year-on-year; excluding the impact of back tax,

Microsoft and Meta: Doubling Down on AI Investments – Analyzing the Latest Earnings In the latest earnings season, tech giants Microsoft (MSFT) and Meta Platforms (META) reported robust results, showcasing their commitment to artificial intelligence (AI) and its integration across their ecosystems. Both companies’ financials indicate significant capital expenditures aimed at advancing AI capabilities, further solidifying AI as a pillar of their future strategies. Here’s a breakdown of how these earnings reflect their focus on AI and what it could mean for their business prospects. 1. Microsoft’s AI Spending Surge: Enhancing Cloud and Productivity Services Microsoft’s earnings highlighted strong growth in its cloud business, particularly Azure, its cloud computing platform, which has been i

$Amazon.com(AMZN)$ reported earnings for 2024Q3, jumping more than 6% after hours after investors didn't count too much on higher capital spending amid overall revenue beat expectations, a big jump in profit, further cash flow consolidation and healthy guidance.As the last of the big tech companies to report this week, Amazon is more of an indicator of the strength of the economy through the activity of retail activity.In the "AI Race" unit, AWS performed moderately well, with neither the growth trends of $Alphabet(GOOG)$ nor the share concessions of $Microsoft(MSFT)$ , while margins improved dramatically (with a change in depreciation life);In the overall econom

Last Week's RecapThe US Market - Stocks rallied after a difficult OctoberStocks rallied Friday to kick off November as Amazon led big technology stocks into the green and traders ignored a disappointing jobs report.A strong start to November came after a difficult October for the market. The blue-chip Dow fell 1.3% in October. The benchmark index pulled back 1% over the month, while the Nasdaq dropped 0.5%. However, the major averages also all hit record highs at one point or another in October.The jobs report showed the U.S. economy added just 12,000 jobs in October, far below the Dow Jones estimate of 100,000. This marked the weakest level of jobs creation since December 2020. However, the unemployment rate held at 4.1%, in line with estimates. The dismal data was affected by hurricanes

The recent earnings reports from Taiwan Semiconductor Manufacturing Company ( $Taiwan Semiconductor Manufacturing(TSM)$ ), Advanced Micro Devices ( $Advanced Micro Devices(AMD)$ ), Meta Platforms ( $Meta Platforms, Inc.(META)$ ), Microsoft ( $Microsoft(MSFT)$ ), and Google ( $Alphabet(GOOG)$ ) provide valuable insights into the current state and future outlook of artificial intelligence (AI). These reports highlight the significant role AI plays in their operations and growth strategies. This article will analyze how AI is performing across these companies and assess the market's

Earnings Volatility | Market Braces for Big Swings Following Upcoming Earnings of AAPL, AMZN, and META Implied volatility often spikes before a company releases its earnings, as market uncertainty drives up demand for options from speculators and hedgers. This heightened demand inflates both the implied volatility and the price of the options. Following the earnings announcement, implied volatility generally returns to normal levels. Here are the top earnings and volatility for the week: $Apple(AAPL)$    Earnings Release Date: AAPL is set to report earnings on October 31, 2024 after market close The options prices predicted a ±4.1% post earnings move, compared to a +0.7% actual move in the last quarter. The