Weekly Preview: Earnings to Watch This Week 4-28-24 (AAPL, AMZN, SQ)
From Nasdaq: 2024-04-28 08:06:31
This past week was significant for technology giants reporting first-quarter earnings, with Microsoft, Meta Platforms, and Alphabet all posting strong results. Despite elevated inflation, almost 80% of S&P 500 companies have beaten estimates. The market responded positively, with the S&P 500 and Nasdaq having their best week in five months. Amazon will report earnings on Tuesday, with analysts expecting strong results. Block will report on Thursday and has seen a recent surge in its stock price. Apple will also report on Thursday, with a focus on their AI features and Services segment to offset iPhone sales declines.
Read more at Nasdaq: Weekly Preview: Earnings to Watch This Week 4-28-24 (AAPL, AMZN, SQ)