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Barchart
Barchart
Mohit Oberoi

Apple Earnings Preview: Why Even AAPL Stock Bulls Are Cautious Ahead of Tonight's Q4 Report

Apple AAPL Amazon.com Inc. Meta Microsoft Tesla Inc.

The earnings season for the “Magnificent 7” began with a bang with Tesla (TSLA), and the momentum continued with Alphabet’s (GOOG) Q3 release. However, the coveted group has lost some steam, as both Microsoft (MSFT) and Meta Platforms (META) are trading lower in the pre-market today after releasing their September quarter earnings.

While both mega-cap companies beat estimates for the quarter, markets were spooked by their guidance. Microsoft’s revenue guidance was a bit soft, and Meta’s commentary on widening Reality Labs losses and higher artificial intelligence (AI) capex worried investors.

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