Most engaging posts mentioning stocks from @Beth_Kindig over the last 72 hours.
04/24/24
Meta $META is expected to report 26.5% YoY growth to $36.2B in revenue in Q1, its third consecutive quarter of >20% growth.
Q1's EPS is projected to nearly double from last year, with consensus calling for 98% growth to $4.36.
04/23/24
Tesla's $TSLA revenue and EPS estimates have declined significantly over the past year -- Q1's $0.52 EPS estimate is 51% lower than last April's estimate, while the $22.3 billion revenue figure is 21% lower. https://t.co/zKbri2mdiJ
04/24/24
Despite reporting triple-digit EPS growth and beating revenue estimates by ~$250M, Meta $META shares are falling 10% after-hours as Q2's revenue guide of $37.75B at midpoint comes in below consensus of $38.3B, hinting at growth decelerating below 20%.
04/23/24
Microsoft $MSFT is investing $1.5 billion into the UAE’s leading AI firm G42 after the firm agreed to pivot away from China to US tech.
G42 will use Azure for its AI applications, and Microsoft President Brad Smith will join G42’s board.
$AMZN $GOOG
04/23/24
Volatility goes both ways: Nvidia $NVDA lost more than $300 billion in market cap last week, after notching the largest daily market cap gain of $277 billion in February with its Q4 earnings. https://t.co/gWy5Xu6HtJ
04/22/24
The Magnificent 7 lost a combined $950B in market value last week, the highest weekly loss on record, with Nvidia $NVDA, Microsoft $MSFT and Apple $AAPL the largest contributors to the loss in market cap.
$GOOG $AMZN $META $TSLA
04/22/24
Nvidia $NVDA shares fell 13.6% last week with a 10% decline on Friday, marking its worst week since Sept 2, 2022 when it declined more than 16%.
04/24/24
Bitcoin’s share of the $2.4T crypto market rose to the highest level in three years, reaching 55% on April 12.
$BTC $ETH $SOL https://t.co/5nnWJjVShA
04/24/24
Nvidia $NVDA and Meta $META lead the Mag 7 on a YTD basis, with returns of 66% and 40%.
Apple $AAPL and Tesla $TSLA are the two laggards with negative YTD returns.
$MSFT $AMZN $GOOG https://t.co/7tncJoIvQC
04/22/24
Short sellers booked a record $10B profit last week on the Mag 7, with the largest gains coming from Nvidia $NVDA and Tesla $TSLA.
$AAPL $AMZN $META $MSFT $GOOG https://t.co/kIrpHfzw69
04/23/24
Following price cuts in the US, Tesla $TSLA cut prices in major markets including China and Germany.
This raises the pressure on margins heading into Q2, as Tesla is expected to report a (42%) YoY decline in EPS in Q1 and a (31%) decline in Q2.
04/24/24
AMD $AMD has unveiled its Ryzen Pro 8040 and 8000 chips, following AI PC chip releases from Nvidia $NVDA and Intel $INTC.
The chips, built on TSMC's $TSM 4nm node, are expected to power PCs from Lenovo, HP $HP and other brands in Q2.
$DELL $QCOM
04/23/24
Baidu added that Ernie’s AI APIs are being used more than 200 million times per day.
$BIDU $BABA $MSFT $NVDA https://t.co/wOceAyzCTY
04/23/24
HSBC last week upgraded AMD $AMD to a buy rating, saying that the AI GPU TAM is “more than enough to go around.”
HSBC expects AMD to generate $12.3B in GPU revenue in 2025 in its base case, ahead of consensus for $9.2B.
$NVDA $META $MSFT $GOOG $AMZN
04/22/24
Baidu recently announced that its ChatGPT rival Ernie Bot surpassed 200 million users after its launch just eight months ago.
Users have doubled since December.
$BIDU $MSFT $BABA $NVDA
