tl;dr
Stock index futures rose on Monday, and yields were slightly higher, as investors gear up for more earnings, with heavyweights such as Tesla (TSLA), Microsoft (MSFT), Alphabet (GOOGL), and Meta (META) set to report this week. S&P 500 futures (SPX) 0.6%, Nasdaq 100 futures (NDX:IND) 0.7% and Dow fu...
Stock index futures rose on Monday, and yields were slightly higher, as investors gear up for more earnings, with heavyweights such as Tesla (TSLA), Microsoft (MSFT), Alphabet (GOOGL), and Meta (META) set to report this week. S&P 500 futures (SPX) 0.6%, Nasdaq 100 futures (NDX:IND) 0.7% and Dow futures (INDU) 0.4%. The 10-year Treasury yield (US10Y) rose 3 basis points to 4.66%. The 2-year yield (US2Y) unchanged at 5.01%. "In equity markets all eyes will be on earnings with a whopping 178 of the S&P 500 reporting including four of the Magnificent Seven," said Deutsche Bank's Jim Reid. Tesla (TSLA) is expected to report after the bell on Tuesday, Meta (META) is scheduled for Wednesday post close, while Alphabet (GOOGL) and Microsoft (MSFT) are slated for Thursday. Tesla (TSLA) also slid 2.41% in pre-market trade, after the company cut prices in the U.S. by $2K across its Model Y, S and X cars on Saturday, just over two weeks after the electric vehicle giant significantly missed expectations on Q1 deliveries. The market is coming off a chaotic week. Friday's session was dominated by a post-earnings slide in Netflix (NFLX) which pulled down the technology sector, and geopolitical tensions between Iran and Israel which kept investors on edge. "Technology stocks were in the firing line at the end of a testing week, with some of the recent froth blown off after what has been a stellar rise for those stocks which have an AI slant," said Richard Hunter from Interactive Investor. "It's a bit of a messy picture for markets at the moment with huge uncertainty around events in the Middle East, U.S. tech seeing its biggest sell-off for around 18 months, and with yields climbing as rate cuts get increasingly pushed out," Reid added. The economic calendar is light today, with the Chicago Fed National Activity for March expected before the bell. Traders are also keely waiting for the key inflation report, PCE price index for March, which is due on Friday.
More about Tesla Inc
Tesla, Inc. is an American electric vehicle and clean energy company based in Palo Alto, California. Tesla's current products include electric cars, battery energy storage from home to grid-scale, solar panels and solar roof tiles, as well as other related products and services. In 2020, Tesla had the highest sales in the plug-in and battery electric passenger car segments, capturing 16% of the plug-in market (which includes plug-in hybrids) and 23% of the battery-electric (purely electric) market. Through its subsidiary Tesla Energy, the company develops and is a major installer of solar photovoltaic energy generation systems in the United States. Tesla Energy is also one of the largest global suppliers of battery energy storage systems, with 3 GWh of battery storage supplied in 2020.
Industry: Manufacturing, Motor Vehicles & Passenger Car Bodies
Market Cap: 468.32 billion
EPS: 34.28
P/E Ratio: None
Forward P/E (1y): 4.29
Dividend Yield: 30.49
Beta (5Y Monthly): 0.155
Revenue: 96.77 billion
Net Income: 172.06
Debt to Equity: 1.115
Quick Ratio: 0.035
More about Microsoft Corporation
Microsoft Corporation is an American multinational technology company that produces computer software, consumer electronics, personal computers, and related services. Its best known software products are the Microsoft Windows line of operating systems, the Microsoft Office suite, and the Internet Explorer and Edge web browsers. Its flagship hardware products are the Xbox video game consoles and the Microsoft Surface lineup of touchscreen personal computers. Microsoft ranked No. 21 in the 2020 Fortune 500 rankings of the largest United States corporations by total revenue. It was the world's largest software maker by revenue as of 2016. It is considered one of the Big Five companies in the U.S. information technology industry, along with Google, Apple, Amazon, and Facebook.
Industry: Technology
Sector: Services-Prepackaged Software
Market Cap: 2.965637169 trillion
Current Price: $36.09
Change: $2.86
Change (%): 11.06%
52-Week High: $30.61
52-Week Low: $0.363
Shares Outstanding: 2.27583001 billion
Public Float: 434.45 million
Beta: 0.332
Rev. per Employee: $0.176 million
More about Alphabet Inc Class A
Alphabet Inc Class A Summary
Alphabet Inc. is an American multinational conglomerate headquartered in Mountain View, California. It was created through a restructuring of Google on October 2, 2015, and became the parent company of Google and several former Google subsidiaries. The two co-founders of Google remained as controlling shareholders, board members, and employees at Alphabet. Alphabet is the world's fourth-largest technology company by revenue and one of the world's most valuable companies.
Sector: Technology
Industry: Services-Computer Programming, Data Processing, etc.
Market Cap: $1,924.86 Billion
Stock Price: $1,395.00
Dividend Yield: 0.24%
Volume: 307,393,987
Price-to-Earnings Ratio: 26.61
Earnings per Share: $166.24
Beta: 0.56
Dividend per Share: $5.79
52-Week High: $1,424.34
52-Week Low: $1,369.135
More about Meta Platforms Inc.
Meta Platforms Inc. Technical Analysis Summary Meta Platforms Inc. (Ticker: META)
Meta Platforms, Inc. develops products that enable people to connect and share with friends and family through mobile devices, PCs, virtual reality headsets, wearables, and home devices around the world. The company is headquartered in Menlo Park, California.
Sector: Technology
Industry: Services-Computer Programming, Data Processing, etc.
Key Technical Data:
Market Cap: $1.22 trillion
Current Price: $32.37
Dividend Yield: 0%
52-Week Range: $14.86 - $52.41
Beta: 0.29
Volume: 134,901,998
Average Volume: 499.37
Price-Earnings Ratio: 2.002
EPS: $0.247
More about Netflix Inc
Company: Netflix Inc
Industry: Trade & Services
Sector: Services-Video Tape Rental
Market Cap: 239.17 billion
Stock Price: 46.06
Dividend Yield: None
P/E Ratio: 12.05
EPS: 79.7
Beta: 0.184
Revenue: 34.93 billion
Net Income: 596.17 million
Debt to Equity: 0.833
Current Ratio: 0.148
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