Trading Apple, Amazon shares ahead of earnings
Apple and Amazon have both staged big rebounds year-to-date, outperforming the general market handily, but how should investors trade their upcoming earnings? IG financial analyst @AngelineOng takes a closer look.
(Video Transcript)
Apple, Amazon earnings
Amazon and Apple likely to make ways with their results, pay special attention to not how they do, but what they say about changing consumer habits heading into the holidays amid high inflation. Look out for what Amazon says, for example, about the cloud business, revenue growth and of course margins.
Trading the earnings
Both stocks have staged big rebounds year to date, outperforming the general market handily. Showing you Apple as well there, another all session stock on the IG platform, as you can see there, a dramatic rise from early January. In fact, it shares, if we just measure it from that place, has risen from 55%. Apple is likely to report a dip in iPhone sales in the April to June quarter, as shoppers held out for a new model in a slow economy.
In both Amazon and Apple's cases, investors will want to know how both companies are leveraging artificial intelligence (AI) to help keep margins looking healthy in a time when consumers are starting to really flag after a prolonged period of high inflation.
This information has been prepared by IG, a trading name of IG Markets Limited. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients.
Seize a share opportunity today
Go long or short on thousands of international stocks.
- Increase your market exposure with leverage
- Get spreads from just 0.1% on major global shares
- Trade CFDs straight into order books with direct market access
Live prices on most popular markets
- Forex
- Shares
- Indices
