From Nasdaq: 2024-11-21 17:37:00

The Q3 reporting cycle for the Mag 7 group has ended, with Nvidia’s results released. Amazon surpassed EPS and sales expectations, with AWS sales up 19%. Tesla saw margin expansion, leading to higher profitability and a Zacks Rank #1. Both companies are poised for growth in their next fiscal year.

Amazon and Tesla stood out post-earnings, with Amazon’s AWS results impressing analysts. Tesla’s margin expansion led to higher profitability, boosting shares higher. Both companies are expected to see growth in their next fiscal year, making them solid picks for investors looking for exposure to the AI and EV markets.



Read more at Nasdaq: These Magnificent 7 Reports Impressed Investors: AMZN, TSLA