Positive

From Nasdaq: 2025-02-28 17:06:00

The 2024 Q4 earnings season is wrapping up, with strong performances from Tech and Finance sectors. Meta Platforms, Apple, and NVIDIA all reported record-breaking quarterly results. Meta Platforms saw sales of $48.4 billion, Apple posted sales of $124.3 billion, and NVIDIA reported sales of $39.3 billion, showing significant growth.

Meta Platforms reported record sales of $48.4 billion and net income of $20.9 billion. Their ad business revenue was strong at $46.8 billion, with user growth and average revenue per user also showing positive trends. Apple broke multiple records with sales of $124.3 billion and all-time high Services revenue, although iPhone sales fell slightly.

NVIDIA’s quarterly sales hit $39.3 billion, reflecting strong demand. Data Center revenue reached a record $35.6 billion, up over 90% from the previous year. All three companies – Meta Platforms, Apple, and NVIDIA – broke quarterly records, highlighting a positive Q4 reporting cycle. Experts are now recommending 7 elite stocks for the next 30 days, with a history of outperforming the market.



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