Alphabet earnings shocked investors and GOOG and GOOGL rallied as much as 7% after hours on the news. In addition Microsoft earnings came out, but despite beating earnings the stock sold off after hours after weaker than expected forward guidance and slower than expected AI growth was forecast. In addition to earnings from Alphabet stock and Microsoft stock, we also got earnings from General Motors Stock (GM), Spotify Stock (SPOT), Snap Stock (SNAP), Visa Stock (V), and Texas Instruments Stock (TXN). Of course Meta earnings are coming out on Wednesday, and I talk about how to play Meta stock earnings in this video using an earnings options strategy called an Iron Condor. I also discuss the stock market news today as well as the renewed banking crisis worries that the Pacwest buyout caused (PACW stock).
