BIG FAANG Stock PULL BACK COMING??

TL;DR

Major news and technical chart patterns from Meta Platforms, Apple, Amazon, Netflix, Nvidia, Google, Microsoft, and Tesla this week.

Transcript

what is going on investors hopefully you guys are doing well out there that is right it is Friday it's the holiday season and it's time for the Fang stock recap show here on the investor Channel where every Friday we recap on the major news and the technical chart patterns from all the major Fang Stags this week we had a light week but one filled w... Read More

Key Insights

• 📛 Online advertising names, such as Meta Platforms and Google, performed well due to strong sales and the increasing demand for online ads.
• 😀 Apple faced a patent lawsuit and a halt in Apple Watch sales, potentially impacting their future development.
• 😀 Amazon is doubling down on live sports and investing in Canada, while also facing changes to the Play Store and a $700 million lawsuit.
• 😥 Netflix is facing consolidation in the media industry but is predicted to have strong revenue numbers, while Nvidia's AI and GPU demand is seeing mixed data points.
• 🤨 Microsoft and Tesla are both in uptrends, with Microsoft showing consolidation and Tesla giving a raise to its hourly staff.
• ✋ The S&P 500 has completed an uptrend and may see a pullback, while Meta Platforms, Apple, Amazon, and Nvidia are confirming higher highs.
• 🍳 Google is looking fantastic and may experience a break out, while Microsoft is in a steep uptrend and Tesla is poised for a decisive break higher.

Questions & Answers

Q: How did Meta Platforms perform this week?

Meta Platforms saw an uptrend, finishing the week with a solid increase of 3.7%. This was driven by strong sales of B Dance and the increasing demand for online ads.

Q: What patent lawsuit did Apple face and how might it impact their business?

Apple faced a patent lawsuit from masimo, leading to a halt in sales of the Apple Watch. The ruling suggested Apple's fault, but President Biden has the power to veto it. This could impact Apple's future development of the Apple Watch and their relationship with masimo.

Q: What investments is Amazon making?

Amazon is reportedly in talks to invest in Diamond Sports Group, a local television company with MLB and NBA rights. They are also investing $17.9 billion in Canada to create jobs and build out their AWS infrastructure.

Q: Is Netflix facing consolidation in the media industry?

Yes, Paramount and Warner Brothers are potentially combining, indicating consolidation in the media industry. Netflix, however, is predicted to have strong revenue numbers, and Web Bush sees their revenue trending higher.

Summary & Key Takeaways

• Meta Platforms (formerly Facebook) saw a solid uptrend, along with other online advertising names, driven by strong sales of TikTok owner B Dance and an increasing demand for online ads.

• Apple faced a halt in sales of its Apple Watch due to a patent lawsuit with masimo, but President Joe Biden has the power to veto the ruling. It could impact Apple's future development of the Apple Watch.

• Amazon is reportedly in talks to invest in Diamond Sports Group, signaling their continued push into the sports industry. They also announced an investment in Canada to create over 9,000 jobs.

• Netflix is facing consolidation in the media industry, with discussions of Paramount and Warner Brothers potentially combining. Despite this, Netflix is predicted to have strong revenue numbers in the coming year.