Apr 25, 20212 min
Hi friends,
Indices reached a plateau of sorts this week as some big earnings are ramping up.
Here's the last 5-day record:
Dow Jones 30: 34,043.49 (-0.46%, year-to-date: 11.23%)
S&P 500: 4,180.17 (-0.13%, year-to-date: 11.29%)
Nasdaq: 14,016.81 (-0.25%, year-to-date: 8.76%)
Jobs, jobs, jobs
ZipRecruiter Inc just filed for IPO through direct listing on the New York Stock Exchange. If you're not familiar with ZipRecruiter, it's an online employer/employee job search platform not unlike Monster or Indeed.
Well...ALMOST to the moon.
Bitcoin's been on a wild ride recently but seems like it lost steam and went the other way. Dipping at under 18% from open this week, Bitcoin's got some speculators sweating.
A shot of Apple
In partnership with Walgreens, Apple's opening up appointments for its employees to get vaccinated in the office. This comes as the latest push from big companies providing optional vaccination services to their employees, with Amazon being one of the notable titans providing on-site vaccinations last month. Must be nice to skip the line!
Next Week's Earnings
Here's a few notable earnings next week:
Amgen Inc. (AMGN) on 27th Apr 2021
3M Company (MMM) on 27th Apr 2021
Microsoft Corp. (MSFT) on 27th Apr 2021
Visa Inc. (V) on 27th Apr 2021
Apple Inc. (AAPL) on 28th Apr 2021
Boeing Company (BA) on 28th Apr 2021
Caterpillar Inc. (CAT) on 29th Apr 2021
Apple Inc. (AAPL)
They say an apple a day keeps the doctor away. We're digging into one of the tech giants for its upcoming earnings. This company needs no introduction.
Annual Top-Line Revenue:
2016: $214.23B
2017: $228.57B
2018: $265.81B
2019: $259.97B
2020: $274.15B
Last 4 Earnings Result (from most recent):
Beat
Beat
Beat
Beat
Historical Stock Returns:
3-month: -1.44%
1-year: 94.76%
5-year: 411.7%
I'm still happy about that stock split a while ago. Apple's been kicking bottoms but we'll see if they can keep themselves above earnings projections (and most importantly, guidance).
Who competes with AAPL?
Apple's competitors are essentially the other tech giants, e.g. Microsoft (MSFT) whose earnings are also on the horizon, Alphabet (GOOG), Facebook (FB).
Discord Launched!
Just as a PSA, we released our discord channel! Log in and go to the dashboard at www.calltoleap.com/courses and scroll to the bottom of the page for instructions on how to get plugged into the community.
If you're a paid subscriber, remember to check in on positions in the wheel in your dashboard or in the course pages! Until next time!
- Call to Leap Team
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