Results from some of the market's most closely watched technology companies are due this week. A major labor-market report could also offer an important read on the health of the U.S. economy.
Summary written by Upside AI from the original article. Read the source for full details.
Read the original on Yahoo Finance ↗
Keywords
AAPLAMDearningsemploymenttech stocks
Open a keyword to see other news on the same topic.
Related tickers and likely impact
AAPL
• NeutralApple Inc.
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Technology Hardware, Storage & Peripherals |
| Market cap | $5.1T |
| Close on 10/30/2026 | 344.79 |
| Change that session | -1.18% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- Apple, Super Micro, AMD, Palantir Step Up To Earnings Plate After Tech Sell-Off
Apple stock continues to show relative strength ahead of its upcoming earnings report, even as semiconductor stocks sell off.
- What to Expect in Markets This Week: Apple, Palantir Report; October Jobs Data Lands
This week, investors will hear from Apple, under its new CEO, and several tech companies supplying the AI buildout, while Palantir also reports. The previous week ended with a bruising selloff, and October jobs data is due out.
- Apple's Biggest Threat Isn't Android — It's AAPL's Own Devices, Analyst Says Ahead Of Q4 Earnings
Craig Moffett of MoffettNathanson warns Apple's valuation, about 36 times forward earnings, leaves little room for disappointment ahead of its fiscal Q4 report on Monday. With an earnings yield of about 2.8%, roughly half the Treasury yield, and shares up about 27% this year, investors may have priced in too much safety. His bigger concern is that higher memory costs have lifted base device prices by about $100 and carriers have not offset them with promotions, so consumers may delay upgrades. Wall Street expects EPS of $1.98 on revenue of $113.25 billion. Deepwater's Gene Munster forecasts 20 million iPhone Duo units in FY27, versus the Street's roughly 12 million.
- Strong Growth Momentum and Rising Revisions Fuel Bright Earnings Outlook
According to Zacks Investment Research, 300 S&P 500 members (about 60% of the index) had reported Q3 results through October 30, with earnings up 27.1% and revenue up 14.5% year over year, and 81.7% beat EPS estimates. For the full quarter, S&P 500 earnings are expected to rise 26.6% on 13.7% higher revenue, the 8th straight quarter of double-digit earnings growth. Estimates for Q4 2026 and full-year 2027 continue to rise, although Q4 estimates have fallen since early October for 10 sectors, notably Transportation, Autos, Consumer Staples and Utilities. Tech remains the main growth driver at +43.4%, but excluding Energy cuts index growth to +21.4%, and excluding Tech to +17.7%. More than 1,400 companies are reporting this week, including Apple and Advanced Micro Devices.
- What to expect from Apple's Q4 earnings this Monday
Apple will report fiscal fourth-quarter results on Monday, November 2, its first report under new CEO John Tunis. Analysts expect revenue of 113.46 billion, including iPhone revenue of 56.58 billion (up 15% year over year) and Services revenue of 31.58 billion. The article says analysts do not expect figures on iPhone Duo sales, though executives may comment on demand, and fuller data on iPhone 18 Pro and Duo demand is likely in the first quarter. It also notes that Tunis is taking a somewhat different approach to communicating with Wall Street than Tim Cook, though many recently launched products were developed before Tunis became CEO in September.
- Apple faces margin pressure and uneven iPhone demand as launch schedule shifts, Bank of America says
Bank of America expects Apple's September-quarter revenue of $113 billion and EPS of $1.97, compared with Wall Street estimates of $114 billion and $1.99. A staggered iPhone launch leads BofA to cut its fiscal 2027 iPhone shipment forecast by 9 million units to 247 million, versus the Street's 260 million. Higher memory costs could cut iPhone gross margins by 900 basis points before pricing and cost actions narrow that to 500 basis points, with a 250 basis point effect on company gross margin. BofA forecasts March-quarter gross margin of 43.6% to 44.6%, below the 47.7% consensus, but says the pressure should be temporary. Services revenue is expected to grow 10%, while App Store growth slowed to 1.8% from 3.8%; BofA reiterated its 'buy' rating and $370 price target.
Related markets
Latest news
- 4 Critical Minerals Stocks That Could Benefit as the U.S. Reduces Reliance on China
The U.S. push to cut reliance on China for critical minerals is benefiting related stocks, backed by government support such as grants, loans and tax credits. Freeport-McMoRan posted third-quarter revenue of $7.5 billion, up 8%, and EPS of $0.81, up 76%, with shares up more than 29% this year. MP Materials, the only large-scale U.S. rare-earth processing site, lifted NdPr sales 127% to 1,006 metric tons, but its shares are down more than 19% this year. USA Rare Earth, which has about $1.6 billion in U.S. Commerce Department funding, is still unprofitable and building out facilities, with shares down more than 12%. TMC The Metals Company, which is not yet producing minerals, is the riskiest of the four, with shares down more than 55% this year.
- These 3 AI Stocks Could Soon Enter the S&P 500. Are They Worth Buying Before the Move?
The article highlights Astera Labs, Credo Technology Group and Sanmina as companies benefiting from rising AI spending and possible future S&P 500 candidates. None was added in September, and the next rebalance takes effect Dec. 21; inclusion requires a market capitalization of at least $22.7 billion and positive earnings. Astera Labs, the largest of the three at a $45 billion market cap, trades at a forward P/E of almost 45 times, while Credo's $33 billion value comes with a forward P/E of 28 times. Sanmina, valued at $9.4 billion, moved up to the S&P MidCap 400 in June 2026 and has a forward P/E just over 12, though its lower margins and customer concentration are noted as risks.
- Anthropic’s IPO Could Be Huge. But SpaceX Shows Why Valuation Matters
Anthropic, maker of the Claude AI models, has filed for an IPO that could surpass SpaceX's June 12 listing as the largest on record. Its first-half 2026 revenue reached $16.3 billion, up 1,300%, though its net loss of $80.7 billion, mostly from non-cash charges, widened 523%. Some reports put the IPO valuation at $1.5 trillion to $2 trillion, a price-to-sales ratio of about 101.5 at the high end. Using SpaceX as a reference, the article notes its shares at $143 remain below its $161 first-day close, suggesting much of its progress was already priced in. The article says waiting months or years before investing may not be the worst approach, though the company looks promising.
- VN-Index May Return to 1,760–1,770 Points Next Week
In the week of 26–30 October, VN-Index fell 32.53 points to 1,741.62, after gaining more than 68 points the week before; the VN30 dropped 2.73% to 1,855.04 and the HNX-Index fell 1.48% to 252.74. Liquidity kept weakening, with average HOSE volume above 645 million shares per session, down 9.38% from the previous week. SHS said that in a positive scenario, VN-Index could return to the 1,760-point zone if Vingroup and other large caps keep their upward trend and banks rebound. AseanSC expects the index to fluctuate between 1,720 and 1,770 points, with nearer support at 1,715–1,730 and resistance at 1,755–1,775. Experts are watching banks such as TCB, HDB, VPB, CTG and TPB, and flag volatility around the U.S. midterm elections in November.
- Investors Fined for Manipulating Kido Shares
Three investors were fined a total of 4.5 billion dong for manipulating shares of Kido (KDC) and for lending accounts used in the manipulation. Under the State Securities Commission's decision dated 28/10/2026, Thang Phú Minh, Lâm Thúy Hằng and Dương Thái Phương Thảo were each fined 1.5 billion dong for using 61 accounts to trade KDC shares repeatedly between 2/5/2024 and 6/1/2025, creating artificial supply and demand. The three are also banned for two years from trading securities and from holding positions at securities firms and fund managers in Vietnam, effective 2/11/2026. Separately, 17 individuals who lent their accounts were suspended from trading for nine months and face the same two-year bans, though no illegal gains were identified for them.
- 2 Space Stocks Down More Than 50% That Could Be the Best Buys of Q4
AST SpaceMobile (ASTS) is down roughly 69% from its May 2026 peak, while Rocket Lab (RKLB) has fallen more than 60% from its record high, as investors reassessed timelines and competition. Bank of America expects AST to begin initial intermittent cellular coverage in the U.S., Canada, Japan, the U.K. and Saudi Arabia before the end of 2026, backed by partnerships with more than 60 mobile operators serving over 3 billion subscribers. AST launched 13 satellites in August but still faces execution, competition and funding risks. Rocket Lab reported record Q2 2026 revenue of about $234 million, up 62% year over year, and a record backlog of $2.4 billion, up 137%, while it agreed to acquire Iridium Communications and delayed its Neutron rocket debut to 2027. Analysts' target prices imply potential upside of 10% to 157%, and the stock trades at about 41 times sales.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.