Key Insights
Apple's Q2 2024 revenue declined by 4.3% year-over-year to $90.75 billion, with a modest earnings beat of $1.53 per share against an estimate of $1.50.
Alphabet's Q2 2024 revenue increased by 13.6% year-over-year to $84.74 billion, with earnings per share of $1.89, surpassing the consensus estimate of $1.84.
Qualcomm's Q2 2024 revenue remained flat at $9.4 billion, with earnings per share of $1.88, marking an 8.7% decline from the previous quarter.
AI Analysis
The tech sector is expected to continue its mixed performance, with companies investing in AI and data centers likely to outperform. A bullish scenari...
Market Outlook
Short-Term
In the next 1-3 months, investors may exhibit cautious behavior, focusing on companies with strong AI and data center growth.
Long-Term
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