Magnificent 7

Posted on | by Leon Hinde | Leave a Comment on Magnificent 7

In Q4 2023, the group achieved a market-weighted average of 60% YoY operating profit expansion, while Apple contributed an underperforming 11%.

  • Tesla Q4: -47%
  • Apple Q4: +11%
  • Google Q4: +27%
  • Microsoft Q4: +33%
  • Meta Platforms Q4:+41%
  • Amazon Q4: +388%
  • Nvidia Q4: +980%

Apple and Google are under recent algo engine buy signals, and we’re now building exposure within the identified value ranges.

Amazon – Earnings

Posted on | by Leon Hinde

Amazon.com, Inc. – Common is under Algo Engine buy conditions and has been in our US S&P100 model portfolio since Aug 2019. The stock is up 70% after 919 days.

Amazon delivered 9% revenue growth in Q4.

  • Earnings per share (adjusted): $5.80 vs $3.57 expected, according to a Refinitiv survey of analysts
  • Revenue: $137.4 billion vs $137.6 billion expected, according to a Refinitiv survey of analysts
  • AWS revenue: $17.8 billion vs $17.37 billion expected, according to StreetAccount

Amazon guided for first quarter revenue of between $112 billion and $117 billion