What to Expect From FAANG Stock Earnings This Week
Earnings season is in full swing, and investors are anxious about what to expect. With major stock market indexes at a crucial level, disappointment could raise doubts about whether we've truly entered a new bull market.
Many investors have followed the FAANG stocks closely for years now, and this week, several members of that elite group are set to give investors their latest results. Reports from Facebook parent Meta Platforms (NASDAQ: META), e-commerce giant Amazon (NASDAQ: AMZN), and Google parent Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) should all cast some light on the current state of the technology sector. Here's what to expect.
Alphabet gets things started off for the FAANG stocks on Tuesday. The search engine giant reports after the closing bell in the afternoon.
Source Fool.com
Alphabet Inc. A Stock
The stock is an absolute favorite of our community with 94 Buy predictions and no Sell predictions.
As a result the target price of 179 € shows a slightly positive potential of 19.54% compared to the current price of 149.74 € for Alphabet Inc. A.