⌛ Did you miss ProPicks’ 13% gains in May? Subscribe now & catch June’s top AI-picked stocks early.Unlock Stocks

House Passes AHCA, Live Streaming War Heats Up, Hot Q1 Earnings: AAPL, FB, TSLA

Published 05/05/2017, 01:09 AM
Updated 07/09/2023, 06:31 AM
US500
-
AAPL
-
TSLA
-
META
-
TWTR
-
SNAP
-

  • (0:25) - House Passes AHCA
  • (3:30) - Apple Earnings
  • (7:05) - Facebook Earnings
  • (8:40) - Tesla Earnings
  • (12:25) - Twitter and Bloomberg: 24 Hour Live Streaming
  • (14:15) - Snapchat Live TV Deal
  • (18:35) - Hulu Launches Live Streaming Service in Beta
  • (21:40) - Episode Roundup: Podcast@Zacks.com

The vote, 217-213, was a close one, with 20 Republicans voting against. Now, the bill, which seeks to repeal and replace major portions of former President Obama’s signature legislative achievement, the Affordable Care Act, goes on to the Senate. Its fate there is uncertain, to say the least.

The hosts then shifted into high earnings gear, starting with Apple (NASDAQ:AAPL) . The iPhone maker beat both earnings and revenue estimates, but total iPhone sales fell short of our consensus estimate. However, Apple’s Services segment, which includes everything from Apple TV to Apple Pay, saw a nice boost year-over-year.

Check out those results here: Apple Posts Q1 Earnings Beat, iPhone Sales Dip 1%

Next up, Maddy and Ryan discussed Facebook’s (NASDAQ:FB) earnings. Like Apple, the social media giant reported earnings and revenues that beat expectations. Facebook’s DAUs and MAUs showed consistent double-digit growth from the prior-year, while mobile continues to be a major source of its advertising revenue.

Find out more here: Facebook Beats Q1 Earnings, Mobile Ad Revenues Up 82%

The hosts also covered Tesla’s (NASDAQ:TSLA) quarterly earnings, though this “tech company on wheels” reported mixed results. Tesla posted a major earnings miss, but revenues managed to beat our consensus estimate. Most importantly, at least to investors, the Model 3 is still on track to start production in July.

Read more: Tesla Misses Q1 Earnings Estimates, Model 3 Still on Track

Finally, Maddy and Ryan talked about the latest in live video streaming, discussing Twitter’s (NYSE:TWTR) recent deal with Bloomberg to provide 24/7 live streaming video news content; Snap’s (NYSE:SNAP) , the parent of Snapchat, many deals with major media companies to deliver content for its new live TV concept; and Hulu’s brand new live TV streaming service, which it launched a beta test of this week.

As a reminder, if you feel that we missed something, or if you want us to cover a different story, shoot us an email at podcast@zacks.com. Make sure to check out all of our other audio content at zacks.com/podcast, and remember to subscribe and leave us a rating on iTunes.

As always, thanks for listening to this special edition of the Zacks Friday Finish Line, and check back for even more news from the investment and financial world!

Sell These Stocks. Now.

Just released: today's 220 Zacks Rank #5 Strong Sells demand urgent attention. If any are lurking in your portfolio or Watch List, they should be removed immediately. These are sinister companies because many appear to be sound investments. However, from 1988 through 2016, stocks from our Strong Sell list have actually performed 6X worse than the S&P 500. See today's Zacks "Strong Sells" absolutely free >>



Facebook, Inc. (FB): Free Stock Analysis Report

Twitter, Inc. (TWTR): Free Stock Analysis Report

Snap Inc. (SNAP): Free Stock Analysis Report

Tesla Inc. (TSLA): Free Stock Analysis Report

Apple Inc. (AAPL): Free Stock Analysis Report

Original post

Zacks Investment Research

Latest comments

Loading next article…
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.