Apple and Amazon Earnings: Tech Stocks to Buy for Breakouts and Long-Term Upside [Yahoo! Finance]
Apple Inc. (AAPL)
Last apple inc. earnings: 4/30 04:30 pm
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Source: Yahoo! Finance
The episode then shifts its focus to two of the biggest companies in the world— Apple (AAPL) and Amazon (AMZN) —before they report to explore why investors might want to buy these mega cap tech stocks for possible near-term breakouts and long-term upside. The bulls stepped up right at the S&P 500 and the Nasdaq's 21-week moving averages. The comeback came after both major indexes fell to their most oversold levels since the market bottomed in October. The market then looked poised to chop around a bit more after divergent reactions to Meta and Tesla. Then Alphabet ( GOOGL surged on Friday following its report to help the Nasdaq inch closer to its 50-day moving average. Image Source: Zacks Investment Research Alphabet followed Meta's lead earlier this year and declared its first-ever dividend, highlighting big tech's commitment to profits and returning value to shareholders in our new interest rate environment. It also touted its ongoing AI efforts and growth outlook. The two
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AAPL
Earnings
- 5/2/24 - Beat
AAPL
Sec Filings
- 5/14/24 - Form 4
- 5/3/24 - Form 8-K
- 5/3/24 - Form 10-Q
- AAPL's page on the SEC website