From NASDAQ.:

Total earnings and revenues for 338 S&P 500 members are up by +5.5% and +3.7% from last year. Q1 2024 earnings for the index expected to be up +2.4% on higher revenues, driven by the Tech sector. ‘Magnificent 7′ stocks like Apple and Amazon are expected to contribute significantly to growth.

As the U.S. economy growth moderates, earnings estimates for 2024 may need to be revised. The expected revenue growth of +4.9% is reasonable. Rest of the earnings growth expected from margin expansion. Zacks Investment Research provides top stock picks with impressive historical gains.

Global oil demand is high, creating opportunities for oil and gas stocks. Zacks Investment Research releases report “Oil Market on Fire” highlighting 4 oil and gas stocks with potential for big gains. Access Zacks’ top stock recommendations for the next 30 days, including analysis of companies like Amazon and Microsoft.



Read more at NASDAQ.: Zacks Earnings Trends Highlights: Apple, Amazon, Microsoft, Meta and Nvidia