Tech giants like Apple, Amazon, Microsoft, and Meta are set to release earnings, with a focus on artificial intelligence. Nvidia becomes first $4 trillion company due to AI success, while Apple struggles. Meta’s Q1 earnings shattered “AI bubble” narrative. Meta’s Q2 earnings estimates predict $44.79 billion in revenues and $5.83 earnings per share.

Meta’s Q2 earnings call to highlight AI commentary and recent investments in AI talent and Scale AI. Expect discussions on future M&A plans and Superintelligence Labs. Analysts increasingly bullish on Meta, raising target prices. Needham upgrades Meta to “Hold” from “Underperform” but remains cautious on ROI from AI capex.

Meta’s stock up 22.6% YTD but flat in recent month. Investors await clarity on Meta’s AI strategy during earnings call. Positive comments from Zuckerberg could boost stock. Despite risks, bullish on Meta’s growth potential driven by AI and metaverse. Analyst holds positions in META, GOOG, MSFT, AAPL, AMZN, NVDA.

Read more at Yahoo Finance: As AI Mania Roars Back, Is Meta Stock a Buy Before July 30?