From Nasdaq:

Investors are flocking back to Big Tech stocks, including Alphabet, Amazon, Apple, Meta Platforms, Microsoft, Nvidia, and Tesla, leading to a significant rally in the tech sector. The rally is also encouraged by better-than-expected fourth quarter earnings from major banks and hints of a Fed rate cut, indicating a strong economy. The Dow, S&P 500, and Nasdaq have all returned to positive territory in 2024.

Netflix is expected to report strong earnings thanks to its robust financials, management, and revenue growth. The global streaming market’s projected growth could boost potential revenue and profit growth at Netflix, leading to potential upside for stock. The company’s crackdown on password sharing and planned price hikes could also lead to improved revenue and profits.

Tesla’s upcoming earnings report will reveal the company’s performance after it beat delivery predictions. The reaction to the delivery news suggests that stock may have a buying opportunity. The earnings and the forecast for 2024, as well as Tesla’s gross profit margins, will be closely watched. Despite recent stock performance, Tesla is well-positioned in the EV space and should be owned for the long term.

Intel’s upcoming earnings report will determine the stock’s trajectory for the near future. The company’s strong Q3 results and confident guidance have raised expectations, and analysts have revised estimates. Intel’s new strategic initiatives, including focusing on its core CPU business and broadening its AI efforts, have boosted confidence. The company’s diverse business portfolio and financial strength position it well for future growth opportunities.



Read more: Earnings To Watch (INTC, NFLX, TSLA)