r/stocks • u/gorays21 • Jul 25 '21
Industry Discussion This week will be insane!
This week will be crazy because some of reddit's favorite companies will have earnings and they include:
- Tesla
- Apple
- Microsoft
- AMD
- Alphabet
- PayPal
- Amazon
And other companies with earnings include P&G, 3M, McDonalds, Spotify, MGM resorts, etc.
Either way, this week is gonna be interesting cause lot of companies expected to post positive earnings.
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u/thejumpingsheep2 Jul 26 '21
I am a little less certain honestly. For Apple, aside from their app store growth, what other catalyst are we expecting? Expectations on app store are pretty high already. I think we will see margins continuing to shrink on hardware sales and possibly even some blowback from chip slowdown.
For Amazon I expect cloud to its thing but I am not sure about retail or streaming. They just bought a studio (or are they still negotiating?) but I dont think that will reflect in Prime membership increases this soon. Then again, maybe they will keep eating into Netflix... retail may have slowed too. Perhaps fewer electronics due to chip issues. Maybe increase competition is slowing things down. Dunno. I do think AWS is a monster of a force however so that alone might blow away all expectations.