-advertisment-
Business

Time: 2024-10-30

NASDAQ:GOOG Earnings Insights & Market Trends

NASDAQ:GOOG Earnings Insights & Market Trends
-advertisment-

Alphabet Inc. report Earnings

Alphabet Inc., the parent company of Google, is set to report its net_income on October 28, 2024, ahead of the market open. The company has been devising headline recently, with its stock trading near its Holocene high. A positive development for the company is a new multi-year deal with AT&T, which has cause the stock to trade higher by 1.5% today.

stock motion and option Activity

look at the stock motion, Alphabet Inc. is currently trading at 7. The option market is expect a move of this week, with bullish sentiment predominate as open interest is skew towards call. The market is pricing in typical downside fear and top interest, bespeak positive expectation for the company's performance.

In the wide market context, the S&P 500 hide 0.85%, the Dow doomed 2.6%, and the Nasdaq derive 0.4%. This set the phase for a volatile week ahead with a bustle of economic data and net_income release on the horizon.

key net_income to Watch

As trader gear up for a busy week, some key net_income announcement to watch include technical_school giant like Apple ( PL ), Amazon ( AMZN ), Microsoft ( MSFT ), Meta ( formerly Facebook ), as well as other industry leadership like Exxon Mobil ( XOM ), Caterpillar ( CAT ), and Uber ( UBER ). expectation are high for these company, with expect net_income move range from 3.5% to 8.2%.

In the option market, activity has been blend, with the VIX shutting the week at 20. However, with the loom election, the VIX may not be a reliable index in the short term. trader are rede to stay timid and proctor market motion closely.

current position and Outlook

Among the luminary position keep by trader are call on stocks like Robinhood ( HOOD ), Corning ( GLW ), and Palantir ( PLTR ), each screening change degree of profitableness and market performance. Similarly, option order on company like Lyft ( LYFT ), Unity Software ( U ), and Walmart ( WMT ) are also being closely monitor for potential gains.

As the market expect the result of the election, volatility is expect to prevail. trader are rede to stay inform, exercise caution, and be fix for potential market fluctuation in the days to semen. With a divers scope of stocks and option in play, prudent hazard management and strategic decision-devising will be key to voyage the current market environment.

-advertisment-
-advertisment-
-advertisment-