Financial Movers

If two meteors collided and one was named Carnival Cruise and the other Netflix, they'd make a new meteor called Disney (#DIS).  In a locked down covid world, streaming rules. People are watching Disney+, Hulu, and ESPN+. As covid fades and the people of the new brave world venture out, they find themselves inside of Magic Kingdom and on top of Disney Cruises. Disney stock is to own the best of both worlds and has many reasons to go higher!

eBay is one of the oldest internet companies around, but their stock is also one of the cheapest when compared to other online marketplace platforms.  Yesterday the company reported Q2 earnings and left investors feeling mixed. EPS beat by $0.04, but revenue failed to impress and missed by $170M. To top it off, Q3 guidance came in soft with revenues expected to be lower than what they were this past quarter. But shockingly, the stock still climbed +1.28% today. How? Maybe it's because the stock is still wildly undervalued. Even if there's negative growth.

Shares of Amazon (#AMZN) are up +2.61% year to date and down -8% since the company reported earnings last month. The stock is flat on the year and many investors are bearish in the short term.  Why are they bearish? The eCommerce giant reported that Q3 earnings would be less than what they just earned, which signals growth slow down. Actually, negative growth. To add fuel to the fire, Jeff Bezos has stepped down as CEO and  Amazon Cloud Exec Charlie Bell is retiring. But is this all smoke in mirrors? Late last month #Amazon reported Q2 earnings that showed impressive growth. Q2 Q2 GAAP EPS beat by $2.80 and revenue was up +27.2% Y/Y. Are investors right by selling their Amazon shares because of lower guidance and executives leaving? Or should they be adding or initiating positions while the stock dips?

Over the past one year Alibaba (#BABA) stock is down -26%. The Chinese tech company reported an earnings beat, but shares continue to decline. Is now the time to buy BABA dip? From a financial standpoint, Alibaba is knocking o out the lights. Revenue increased +33% Y/Y while cash on the balance sheet as of June 30 was at $45B. But as revenue continues to increase, shares continue to decrease.

Take-Two Interactive (#TTWO) is a video game development company that's famous for many titles, including Grand Theft Auto. The video game stock is trading down -4% in post-market as investors digest the company's earnings report. Take-two announced Q1 GAAP EPS of $1.30 (beats by $0.27) and net bBookings of $711.4M (-28.6% Y/Y). Net bookings were actually above guidance and many investors aren't displeased with the numbers. Fiscal 2022 guidance came in soft and that is what appears to have investors worried. Net Bookings are expected to range from $3.2 to $3.3 billion vs. consensus of $3.43 billion as some release titles are pushed back. Will this become a recurring issue, or should investors buy the dip?

As the market trades sideways, Procter & Gamble (#PG) stock manages to gain +2% on an earnings beat! The consumer goods corporation reported FQ4 Non-GAAP EPS of $1.13 beats by $0.04 and revenue of $18.96B (+3.9% Y/Y). If an earnings beat wasn't enough for investors, the company also gave a bullish forecast for FY22! P&G noted that looking ahead they expect EPS growth of +3% to +6% while organic growth sales grow between 2% to 4% from a year ago. Is P&G a buy and hold stock for years to come?

A gap down in the stock price and investors are looking at PayPal (#PYPL) as the stock goes on sale. Last night #PayPal announced Q2 earnings and reported Non-GAAP EPS of $1.15 (beats by $0.03) and revenue of $6.24B (+18.6% Y/Y). Revenue missed analyst expectations by $30M, but what most investors focused on was the soft guidance. The fintech company expects Q3 revenue of $6.15B-$6.25B vs. consensus of $6.45B. As growth slows investors have been spooked and have decided to sell. Does this present a buy on dip for investors that want to initiate or add to their position?

Mastercard (#MA) stock is trading +1.66% higher since the company announced Q2 earnings this morning. The financial services company reported Q2 Non-GAAP EPS of $1.95 (beats by $0.20) and revenue of $4.5B (+36.4% Y/Y). Many investors are excited to see revenues of $4.5B because it represents post-pandemic growth from 2020 and topping 2019 revenues of $4.4B. But does the company still have room to grow? Shares are only 2.93% away from all time highs, which leaves many investors wondering if now is the right time to buy #Mastercard stock.

Qualcomm (#QCOM) shares are up +3% in after hours after the company reported Q3 earnings and estimate higher revenues for Q4 than what analyst were expecting. The chip maker announced Q3 Non-GAAP EPS of $1.92 (beats by $0.24) and revenue of $8.06B (+64.5% Y/Y). Revenue segments in handsets and IoT led much of the growth, which is a promising sign for company growth because those are growing sectors. Is now a good time to buy #Qualcomm stock?

Boeing (#BA) reported what some to believe to have been a "surprise" Q2. The airplane manufacturer announced Q2 Non-GAAP EPS of $0.40 (beats by $1.12) and revenue of $17B (+43.9% Y/Y). The #Boeing surprise is that the company made a profit last quarter. But is it really a surprise? In March, Southwest Airlines (LUV) announced that they were buying 100 Boeing made planes. Then last month, they announced that they're adding an additional 34 planes to the order. And it's not just Southwest. Late last month United Airlines (UAL) also announced that they need more planes as travel demand picks up. As commercial travel increases, it only makes sense that Boeing revenues increase with it. So were Boeing earnings really a surprise? Or better yet, is now the time to buy Boeing stock before they "surprise" investors when they report a second profit?

Visa (#V) just announced Q3 earnings and reported pre-pandemic levels of revenue! The financial services company announced Q3 Non-GAAP EPS of $1.49 (beats by $0.14) and revenue of $6.13B (beats by $270M).  Shares of #Visa made new all time highs of $252 earlier this week, leaving many investors skeptical about buying. But there's a solid argument made for why shares can go higher. Cross-border transaction revenues are still down -$500M from 2019 levels, while total revenues are back to pre-pandemic levels. As travel comes back, revenues should increase, which can easily boost the stock price higher. 

Lockheed Martin (#LMT) is the world's largest defense supplier and their stock is down -16% while revenues stay steady increasing.  The defense company reported Q2 earnings with Non-GAAP EPS of $7.13 (beats by $0.61) and revenue of $17.03B (+5% Y/Y).  Bears of LMT stock believe the company isn't a buy because there are no wars. But their revenues have increased every year since 2014 with or without war. As technology advances it appears that governments will buy and advance their military equipment, with or without wars.

Today, Verizon (#VZ) announced Q2 earnings and beat analyst expectations! The communications company reported Q2Non-GAAP EPS of $1.37 (beats by $0.07) and revenue of $33.8B (+11.2% Y/Y). To top it off, the company said that the firm's overall business was running ahead of pre-pandemic levels and expect growth to continue.

Netflix (#NFLX) continues to have slowed subscription growth and fails to beat Q2 analyst expectations. The global streaming platform reported Q2 GAAP EPS of $2.97 (missed by $0.19) and revenue of $7.34B (+19.3% Y/Y). Many investors keep pointing to slow growth in subscription growth, but the company has already amassed 209.18 global paid memberships. Should the focus now shift to revenue growth?

International Business Machines Corporation (#IBM) posted Q2 earnings and were able to increase revenues, but failed to increase net income. The tech company beat earnings by reporting Non-GAAP EPS of $2.33 (beats by $0.04) and revenue of $18.7B (+3.2% Y/Y).  IBM has had years of decreasing revenues, so this quarterly spike is a breath of fresh air for investors, but seems to be overshadowing the company's large amount of debt and dividend that continues to outpace total net income.  Is the company staging a comeback that's worthy to invest in, will it continue its downward trend for years to come?

Earlier this year there was a big shift from growth stocks to value stocks as inflation and interest rose. That means investors took profits in frothy names like Teldadoc (TDOC), NIO, and Coinbase (COIN), to move into value names like Pepsi (#PEP). Shares of #Pepsi were trading at $129 in March of this year and just recently closed at $155.79, which is a +20% move in four months. Can it keep going? Earlier this week the company surprised investors with a substantial earnings beat. They reported Q2 Non-GAAP EPS of $1.72 (beats by $0.19) and revenue of $19.22B (+20.5% Y/Y), beating by $1.27B. It was impressive to see large growth in a mature company and management signaled that it's not over by forecasting to deliver a 6% organic revenue increase. Should investors be buying into the bullish Pepsi sentiment and purchase shares at all time highs?

Bottoming in May of 2020 at $20 and bouncing up to 2019 prices earlier this year $52, Delta Air Lines (#DAL) stock has been somewhat of a come back story. The airline company has an all time high of $63 and many investors want to know if a travel boom will send the stock flying back to highs. Earlier this week #Delta reported Q2 earnings and topped analyst expectations. To top it off, CEO Ed Bastian states that, “Domestic leisure travel is fully recovered to 2019 levels and there are encouraging signs of improvement in business and international travel."  In regards to the pandemic, the worst appears to be over for Delta. They posted a profitable June month and are planning on adding 27 planes to its fleet as demand picks up. Should investors be buying the Delta dip?

Taiwan Semiconductor Manufacturing Company (#TSM) shares are currently trading at $117.53, which puts them down -16% from highs of $141. Is this a buy on dip opportunity? Earlier this morning, TSM announced Q2 earnings, which left analyst skeptical. The semiconductor company reported Q2 GAAP EPS of $0.93 (beats by $0.02) and revenue of $13.29B (misses by $20M). Today alone shares slipped -5% on the revenue miss. But are investors missing the bigger picture? Taiwan Semi was able to book grow margins of 50%, operating margins of 39%, and are expecting to increase revenue for Q3 by +$1.4B. Is TSM a buy on dip opportunity?

Bank of America (#BAC) announced Q2 earnings and gave investors mixed feelings. America's second largest bank reported Q2 GAAP EPS of $1.03 beats by $0.26, but missed on revenue by $300M. Shares of BAC are trading at $38.86, which are up +64% over the 1Y, but flat over the past five months. Can the stock go higher, or has it reached its limit? In June, the bank announced a dividend increase of +21% and shares fell on the news. Now the bank missed on earnings, which is making investors question if it can continue to dip from its 52 week high of $43.49. Is now the time to buy the BAC dip, or will it continue dipping?

This morning, JPMorgan (#JPM) reported a Q2 earnings beat! America's largest bank announced Q2 GAAP EPS of $3.78 beats by $0.60 and revenue of $30.5B (-7.9% Y/Y). Regardless, investors did not appear impressed because shares traded down and closed at $155.65 (-1.49%). Does this present investors with a buy opportunity? Not only did the company beat earnings, but #JPMorgan announced late last month that they're raising its quarterly dividend to $1, up from $0.90. Still, shares are only up from the $153 that they were at when the bank announced the news. With little movement in the stock over the past few weeks, good earnings, and big dividend news, is now a buying opportunity?

Late last month, Lowe's (#LOW) announced that they're raising its dividend by 33% to $0.80. Of course investors are thrilled, but the company still has a relatively low dividend yield when compared to rival Home Depot (#HD). Does that mean the Lowe's dividend still has growth to come?  

Costco (#COST) is trading at $396, putting it next to its all time high and up +31.2% on the 1Y. But is it a good idea to buy the stock at an all time high? The answer is found in the stocks fundamentals. Not its current current stock price. And the fundamentals stack up well. Last month, in May, #Costco announced FQ3 earnings and beat expectations across the board. Total Non-GAAP EPS of $2.84 (beat by $0.56) and revenue of $45.28B (+21.5% Y/Y). To top it all off, comparable sales were recorded of +15.1% and E-Commerce of +38.2%. There were many skeptical investors that believed Costco had a superb 2020 because of pandemic circumstances, but so far, momentum is carrying through 2021. If the big-box company can keep this momentum up then buying at an all time high may be considered cheap in the not so distant future.

Shares of FedEx (#FDX) are up +124.8% over the past year. Once investors understood that everyone would be buying online during the pandemic and Fedex would be delivering, they gobbled shares up! But now the stock is digesting its new price level between $240 and $300. It's not sure where to go. Buyers don't know if they should buy more, or transform into sellers and take profit. What is known is the earnings. And their earnings that they reported yesterday were EXPLOSIVE. The company announced Q4 Non-GAAP EPS of $5.01 (beats by $0.01) and revenue of $22.6B (+29.9% Y/Y). But is the growth sustainable? Or was this a once in a lifetime blip? Well, ask yourself how people will be buying holiday gifts this year when November and December roll around. Will it be online? If so, who will deliver those gifts? If you believe it's FedEx then you must believe that revenues will only continue to go higher and their stock is an investment to be made.

Nike (#NKE) is known for their athletic apparel, but give it some time and they may be known for their rapid stock and dividend growth! This evening the company reported Q4 earnings and SMASHED analyst expectations. EPS beat by $0.42 and revenue totaled $12.34B (+95.6% Y/Y). It's almost unbelievable to see near 100% growth in a mature name like #Nike, but they're expanding globally! Is paying more than $130 for a share of Nike expensive? Or is it actually cheap?

Adobe (#ADBE) is trading at an all time of $576 and rightfully so. The computer software company reported record earnings last week that topped analyst expectations and give context as to why shares are at highs.  FQ2 EPS was reported of $3.03 (beat by $0.21) and revenue of $3.84B (+22.7% Y/Y). But think about what Adobe sells. Photoshop, Lightroom, PDF, e-signature applications. Those are products that are thriving in a digital age. So it's not surprising that revenues were record breaking, especially when taking into account how much digital progressed in 2020. But, is Adobe stock worth buying at all time highs?  

Kroger (#KR) may not be as sexy as a high flying name in tech space, but does that mean it still can't growth? Can it be both a value buy and a growth stock? Yes! This morning #Kroger announced Q1 earnings and beat analyst expectations. EPS beat by $0.20 and revenue beat by $1.43B. To top it all off, the company is rewarding share holders and planning on a $1B share buyback! A lot of momentum has been built behind the supermarket chain since last year's pandemic. Shares are up +18% for the year and nearing long-term resistance of $40. Is now a good time to buy, sell, or hold KR stock?

VMware is a cloud computing and technology company that isn't talked about enough. Their revenues have increase up +317% from $2.8B in 2010 to $11.7B as of last year. But, their stock price is only up +74% over the past 10 years.  Although their stock price has averaged 7.4% per year over the past ten years, it's averaged +31% over the past five years as the cloud business continues to develop. Is this the new trend for VMware shares?  

Electronic Arts (#EA) is a powerhouse in the video game industry. Not only has the company been able to bring in millions and offer a dividend to investors, but shares have also rewarded investors handsomely by averaging more than +18% over the past 5 years. But is EA the best video game stock to buy? The company reported Q4 2021 earnings last month and gave mixed numbers. GAAP EPS of $0.26 (misses by $0.09) and net bookings of $1.49B (+18.3% Y/Y). It was great to see net bookings increasing, but the company failed to increase total revenues for the quarter. Likewise for full fiscal year guidance, net bookings are supposed to increase to $7.3B while net income drops significantly. Will rising expenses and lower operating income continue to be a trend? Should investors look elsewhere if they want a video game investment?

Since April of this year, shares of Walmart (#WMT) have barely been hovering over $140. There's a battle between bulls and bears as they play tug-of-war and bears are now slowly dragging the price below $140. Now that shares are at $139.08, investors may want to buy on the stock and give it support. But do the fundamentals stack up to warrant a buy? Last month, #Walmart reported Q1 earnings that beat analyst expectations. Earnings came in with non-GAAP EPS of $1.69 (beats by $0.48) and revenue of $138.3B (+2.7% Y/Y). But can revenues keep going up? Numbers were largely driven by an increase in membership sales and eCommerce. If investors believe that at least one of those can continue to rise, then a support buy below $140 may be warranted.  

Chipotle (#CMG) stock has rewarded investors well. Over the past five years, the stock is up +208, which is an average yearly gain of +41%. Will CMG stock continue to go up? This past April, #Chipotle announced Q1 earnings and gave numbers that could point to more growth to come. They reported Q1 Non-GAAP EPS of $5.36 (beats by $0.45) and revenue of $1.74B (+23.4% Y/Y). Since reporting, shares are down -15% and it's possible that they're down because management failed to give 2021 guidance due to COVID-19. Also, inflation fears could be spooking investors as food prices and labor go up But, they did announced that there should be 200 new restaurants being opened, which should boost revenues further.

Salesforce (#CRM) stock has been flat for the majority of the year. Shares are up +3.21% YTD and have had difficulty breaking out and staying above $230. Will earnings change that? This evening, #Salesforce reported Q1 Non-GAAP EPS of $1.21 beats by $0.33 and revenue of $5.96B (+22.4% Y/Y). On top of the earnings beat, the tech gave Q2 revenue guidance of $6.22B, up Approximately 21% Year-Over-Year. Is the breakout imminent for Salesforce stock? Will this be the best tech stock to buy for 2021?

Since making its all time high of $283.19 in February of this year, Square stock has been able to get back to highs and is now trading at $216.20 (-23.7%). Earlier this month, Square (#SQ) reported Q1 earnings and beat analyst expectations. The fintech company announced Non-GAAP EPS of $0.41 (beats by $0.25) and revenue of $5.06B (+266.7% Y/Y). Do the growth numbers warrant a buy on dip? Although shares may be down -23.7%, the company does have a PE of 139.5 with a market cap of $91B. Will the dip keep dipping?

Qualcomm (#QCOM) is currently trading at $132.91, which is down -21% from highs that were made in December of 2020. The semiconductor company reported FQ2 earnings last month and boasted solid numbers, ultimately beating analyst expectations with Q2 Non-GAAP EPS of ($1.90 beats by $0.23) and revenues of $7.94B (+52.7% Y/Y). What appears to have the stock stalling is guidance. For Q3, #Qualcomm expects to see $$7.1-7.9B in revenue, which will put revenues at a decrease, or flat. This is the second quarter that revenues are guided to fall, or be flat, and many investors are being cautious.

Boeing (#BA) stock is currently trading at $235 and looks primed to take-off! Last month, the aviation company reported Q1 earnings and left investors feeling mixed. They announced Q1 Non-GAAP EPS of -$1.53 (misses by $0.46) and revenue of $15.22B (-10.0% Y/Y). But is the light at the end of the tunnel? Commercial airplane deliveries are up +54% and defense revenues also grew. To top it all off, they have a backlog of $364B, which is more than double the current market cap of $133B. Things are only looking up from here!

Take-Two Interactive Software (#TTWO) announced FQ4 earnings and topped analyst expectations! The video game developer reported GAAP EPS of $1.88 (beats by $0.90) and net bookings of $784.53M (+7.6% Y/Y). Q1 guidance for revenues came in lower than current revenues, but investors don't seem to mind. Shares are up +7% since earnings reported! During the earnings call, the company stated that they plan on releasing 62 games between now and through fiscal year 2024. New releases equates to consumers buying. If consumers are buying then the company is making money!

Disney (#DIS) reported FQ2 earnings and gave investors mixed emotions. The company reported GAAP EPS of $0.50 (beats by $0.44) and revenue of $15.61B (-13.3% Y/Y). Revenue missed analyst expectations by $320M, but not too many are surprised because some parks are still closed and others are operating at less than full capacity. What analyst and investors were primarily watching were the Disney+ subscriber numbers, and those came in below consensus. Total paid subscribers totaled 103.6M and analyst wanted 109.3M. Shares of #Disney were recently trading at an all time high of $203 and have since dipped to $170 (-16.6%). Should investors be buying the dip at $170 even if subscriber numbers aren't at expected levels?

Alibaba (#BABA) announced their FY'21 Q4 earnings that gave investors mixed feelings. The Chinese eCommerce giant missed EPS, but reported strong revenue growth of +64% Y/Y. Shares of Alibaba closed today at $206.08, which are down -35% from the stock's all time high in October of last year. Should investors be buying the dip in Alibaba stock?

It hasn't been since March of this year that the overall market has taken a dip and given investors buying opportunities. This week the S&P 500 is down -4% and the tech heavy Nasdaq is trading down -7% from highs. I love to buy dip and sell rips so right now I'm implementing my buy the dip strategy and there are 13 opportunities that I currently see. 2 index support buys and 11 stock support buys! Without a doubt I am buying this dip!

Palantir (#PLTR) announced Q1 earnings and beat analyst expectations! The company reported GAAP EPS of -$0.07 (beats by $0.01) and revenue of $341M (+48.7% Y/Y). Shares of Palantir didn't move on the earnings release, but did gain +9.42% after the company announced that it's considering holding #Bitcoin on the balance sheet and will accept it as payment from customers. Last month, co-founder Peter Thiel claimed that he is pro-Bitcoin but said,"whether if at this point Bitcoin should also be thought of in part as a Chinese financial weapon against the U.S." Is Palantir's news of Bitcoin acceptance a reason to get into the stock, or should the news be disregarded and eyes kept on the numbers?

Last month Teladoc (#TDOC) reported Q1 earnings and investors were not impressed. The technology health company announced Q1 GAAP EPS of -$1.31 (misses by $0.72) and revenue of $453.68M (+150.9% Y/Y). Revenue did increase dramatically for the Y/Y, but the company gave stagnant growth numbers for Q2, which is not what bullish investors wanted to see for a growth stock. With weak guidance dragging the stock down, is now the time for investors to buy #Teladoc stock on the dip?

PayPal (#PYPL) announced Q1 earnings and topped analyst expectations! The fintech company reported Q1 Non-GAAP EPS of $1.22 (beats by $0.20) and revenue of $6.03B (+30.5% Y/Y). Shares of #PayPal are up +552% over the past five years and +102% just over the one year. Is PayPal stock overvalued, or does growth still make this stock worth buying at current levels?

Corsair Gaming (#CRSR) announced Q1 earnings and beat analyst expectations! The gaming company reported Non-GAAP EPS of $0.58 (beats by $0.25) and revenue of $529.4M (+71.6% Y/Y). To top off spectacular earnings, #Corsair raised total year guidance and said they're expecting total revenue to be in the range of $1.9B to $2.1B. Shares of the company are down more than 30% from highs and there's short interest of 20%. Can the earnings beat and a short squeeze propel the stock back up to highs? Is Corsair gaming a buy on dip opportunity?

Shares of T-Mobile (#TMUS) area up nearly 3% in post-market after the company reported an earnings beat! The communications company announced Q1 GAAP EPS of $0.74 (beats by $0.18) and revenue of $19.8B (+78.4% Y/Y). Compared to Verizon and AT&T, T-Mobile is an expensive stock. Justification for its high price tag might be supported by their high growth in 5G expansion and postpaid net adds. Should investor pay the hefty price for shares of TMUS?

Advanced Micro Devices (#AMD) reported a Q1 earnings blowout! The semiconductor company announced Non-GAAP EPS of $0.52 (beats by $0.08) and revenue of $3.45B (+92.7% Y/Y). Shares of #AMD are trading down at $78.55, which puts them down -20% from all time highs. Is this a buy on dip opportunity, or is a bigger crash yet to come? While the company is reporting massive growth, the stock is trading on near long-term support of $75. If it begins to dip below that, there's a real chance that $64 will be seen....

Mastercard (#MA) announced Q1 earnings and beat analyst expectations! The card company reported Non-GAAP EPS of $1.74 (beats by $0.18) and revenue of $4.2B (+5.0% Y/Y). Since the pandemic in 2020, cross-border transactions have dragged revenues at #Mastercard down. This quarter the company managed to boost revenues to pre-pandemic levels while cross-borders transactions still dragged, which signals more growth as travel spending comes back. Shares of Mastercard were trading down after the earnings news and may provide a support buy for investors. Is Mastercard a stock a buy if it continues to dip?

Amazon (#AMZN) reported Q1 earnings and SMASHED analyst expectations. The giant eCommerce company announced GAAP EPS of $15.79 (beats by $6.18) and revenue of $108.52B (+43.7% Y/Y). Shares of #Amazon are trading at $3,606 (+3.89%) in post-market on the news of the earnings beat. Just last month shares were trading at $3,000 and recently climbed on news of a potential stock split. Is it FOMO if investors start to buy Amazon stock now? Should investors wait for a better deal?

eBay reported Q1 earnings and topped analyst expectations, but shares are down -6.24% in post market. The eCommerce company announced Non-GAAP EPS of $1.09 (beats by $0.02) and revenue of $3.02B (+42% Y/Y). Despite the growth, investors appear to be concerned about Q2 guidance that was given. eBay's Q2 guidance was flat and is expected to be in the range $2.98 - $3.03B. Should investors sell or steer clear of #ebay because of the guidance? Or take advantage of any dip that the stock has to offer?

Facebook (#FB) reported Q1 earnings and crushed analyst expectations! The tech giant announced (GAAP EPS of $3.30 beats by $0.96) and revenue of $26.17B (+47.5% Y/Y). Despite more people coming out of lockdown, #Facebook was able do increase Daily Active Users (DAU) to 1.88B and Monthly Active Users (MAU) to 2.85B. CEO and founder Mark Zuckerbergh also announced that the company is taking steps to increase its marketplace presence in Instagram, which could help drive revenue further.

Apple (#AAPL) reported FQ2 earnings and trounced analyst expectations! The tech company announced GAAP EPS of $1.40 (beats by $0.42) and revenue of $89.6B (+53.7% Y/Y). The entire #Apple product line gained increases in revenue which shows the consumer demand for products. Also, service revenue gained in the midst of the new podcast subscription that's rolling out. Apple continues to impress and sets itself up as a great stock to buy!

Alphabet Inc, AKA Google, announced Q1 earnings and it was a blowout! The tech company reported Q1 GAAP EPS of $26.29 (beats by $10.62) and revenue of $55.31B (+34.4% Y/Y). Shares of #Google are trading at an all time high of $2,410, which is an increase of +80% over the past year. Google's earnings were spectacular, but should investors be buying its stock at an all time high?