Apple, Amazon Earnings Preview: AI Capital Spending And iPhone Sales In Focus

Dean Popplewell
3.49K Followers
(5min)

Summary

  • Apple and Amazon’s upcoming Q3 2024 earnings reports are in the spotlight.
  • Market participants are concerned about rising AI capital expenditures impacting profit margins.
  • Can Amazon rebound from a disappointing Q2?
  • Apple iPhone 16 sales in focus after strong debut in China.

Young Asian woman using smart phone while enjoying meal in a local restaurant during vacation

Images By Tang Ming Tung/DigitalVision via Getty Images

By Zain Vawda

Earnings Season Brings AI Capital Spending into Focus

Earnings season continues today with two more "Magnificent 7" earnings releases in the form of Apple (NASDAQ:AAPL) and Amazon (

This article was written by

3.49K Followers
Dean Popplewell has nearly two decades of experience trading currencies and fixed income instruments. He has a deep understanding of market fundamentals and the impact of global events on capital markets. He is respected among professional traders for his skilled analysis and career history as global head of trading for firms such as Scotia Capital and BMO Nesbitt Burns. Since joining OANDA in 2006, Dean has played an instrumental role in driving awareness of the forex market as an emerging asset class for retail investors, as well as providing expert counsel to a number of internal teams on how to best serve clients and industry stakeholders.

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