Big 5 Earnings Ahead: Are Single-Stock ETFs Set for Big Gains?
Earnings Reports Overview: Major tech companies including Alphabet, Meta, Microsoft, Apple, and Amazon are set to report their earnings this week, with expectations of significant growth in earnings and revenues, particularly driven by investments in artificial intelligence.
Company-Specific Insights: Each company has varying projections; for instance, Meta is expected to show strong earnings growth due to increased user engagement, while Apple faces challenges despite new product launches.
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Earnings Reports Overview: Major tech companies including Alphabet, Meta, Microsoft, Apple, and Amazon are set to report their earnings this week, with expectations of significant growth in earnings and revenues, particularly driven by investments in artificial intelligence.
Company-Specific Insights: Each company has varying projections; for instance, Meta is expected to show strong earnings growth due to increased user engagement, while Apple faces challenges despite new product launches.

iPhone 16 Launch Expectations: Gene Munster from Deepwater Asset Management predicts that Apple's stock may not see immediate gains following the iPhone 16 launch due to high expectations already priced in, but anticipates significant growth after the third-quarter earnings report as consumers explore new AI features.
Potential Sales Growth: Munster estimates that iPhone sales could grow by up to 15% next year, driven by users who were initially planning to upgrade later, indicating that even small changes in features can lead to substantial revenue increases for Apple.
Apple's Higher Education Offer: Apple Inc. has launched its annual Higher Education Offer, providing discounts and gift cards for college students in various regions, including the U.S., Canada, India, the U.K., and Europe, running until late September or October depending on the location.
Market Response: Following the announcement of the promotion, Apple’s stock saw a slight increase in premarket trading, along with gains in several exchange-traded funds that hold Apple shares.

Earnings Expectations: Goldman Sachs predicts that Apple Inc. will exceed analyst expectations for its third-quarter earnings, forecasting an EPS of $1.36 and revenue of $85.1 billion, a 4% increase from the previous year.
Market Risks: Despite maintaining a Buy rating on Apple due to growth in services and product innovation, Goldman Sachs highlights potential risks such as weakening consumer demand, supply chain disruptions, and intense competition in various sectors like video streaming.
- Wall Street Rally in June: Wall Street has seen a strong rally in June, driven by the AI boom, with Nasdaq and S&P 500 rising nearly 6.7% and 4.7%, respectively.
- Best-Performing Leveraged Equity ETFs: Highlighted leveraged equity ETFs that gained double digits in June include NVDX, AAPX, QQQU, TSLR, and AMZZ.
- Market Milestones: NVIDIA briefly became the world's most valuable company, while Apple, Microsoft, and Amazon are racing to hit market capitalization milestones.
- Interest Rate Outlook: The last FOMC meeting indicated one rate cut for this year and four cuts in 2025, which could impact stock market performance.
- ETF Performance Details: Summarized performance details of leveraged ETFs like NVDX, AAPX, QQQU, TSLR, and AMZZ, cautioning about their volatility and suitability for short-term traders.








