📊 PRO: This Week in Visuals
AAPL, META, TSLA, V, MA, LVMH, SAP, ABBV, ASML, TMUS, NOW, IBM, T, CMCSA, SNY, BA, UPS, SBUX, LMT, LRCX, KLAC, INTC, TEAM, GM, LUV, APPF
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Today at a glance:
📱Apple: Services Shine, China Lags
♾️ Meta: AI Infrastructure Push
🚖 Tesla: Beyond the Slowdown
💳 Visa: Cross-Border Strength
💳 Mastercard: Travel Boost
👜 LVMH: Mixed Luxury Signals
☁️ SAP: AI-Powered Cloud Surge
💊 Abbvie: Immunology Drives Growth
🔬 ASML: Bookings Rebound
📶 T-Mobile US: Brighter Outlook
🧑💻 ServiceNow: AI Adoption Soars
🌐 IBM: AI Bookings Rise
📞 AT&T: Fiber Growth
🦚 Comcast: Broadband Pressure
🇫🇷 Sanofi: Buyback and Pipeline Focus
🛩️ Boeing: Turnaround Hopes
📦 UPS: Amazon Cut and Cost Focus
☕️ Starbucks: Slow Turnaround
🛰️ Lockheed Martin: Classified Setbacks
🧠 Lam Research: China Concerns Remain
🔬 KLA: Advanced Packaging Boom
🧑💻 Intel: Turnaround Stalls
☁️ Atlassian: Enterprise & AI Growth
🚗 General Motors: Profit Hit, EV Gains
🛩️ Southwest: Cost Pressures Loom
🏡 Appfolio: AI Momentum
1. 📱Apple: Services Shine, China Lags
Apple posted record Q1 FY25 revenue, up 4% Y/Y to $124.3 billion ($270 million beat), with EPS rising 10% Y/Y $2.40 ($0.06 beat). The Services segment surged 14% to $26.3 billion, driving gross margin to 47%. While iPhone revenue dipped 1% to $69.1 billion and missed expectations, Mac (+16%) and iPad (+15%) outperformed. China sales fell 11% Y/Y due to inventory adjustments and competitive pressure.
Looking ahead, Apple guided for low- to mid-single-digit revenue growth in Q2 (despite 2.5% fx headwinds). CEO Tim Cook cited stronger iPhone 16 sales in markets where Apple Intelligence was available and teased an April expansion to new languages and regions. While concerns remain around China demand and delayed AI feature rollouts, Apple is riding on its ecosystem strength and growing paid subscriptions (1 billion+) to maintain momentum.
2. ♾️ Meta: AI Infrastructure Push
Meta’s revenue grew 21% Y/Y to $48.4 billion ($1.4 billion beat) and EPS surged 50% Y/Y to $8.02 ($1.26 beat), driven by higher ad prices (+14%) and increased engagement (+6% ad impressions). The Reality Labs segment posted a $5 billion loss (its worst yet), reflecting ongoing metaverse and AR/VR investments. Despite these gains, Q1 guidance of $39.5–$41.8 billion fell $1.0 billion short of expectations, raising concerns about a potential growth slowdown. Meta’s 2025 capital expenditure forecast of $60–$65 billion—a 70% increase Y/Y—signals a major AI infrastructure push, with CEO Mark Zuckerberg reaffirming AI as Meta’s top priority.
Zuck expects Meta AI to become the world's most-used AI assistant, reaching over 1 billion people this year. The company is also developing an AI engineer with mid-level coding skills, which he called a potential “profound milestone.” Investors remain split on whether Meta’s heavy AI spending will pay off, especially after China’s DeepSeek AI breakthrough raised questions about cost efficiency. Meanwhile, Meta continues shifting its political positioning, aligning itself with the new administration, revising content policies, and scaling back DEI efforts. Despite short-term guidance concerns, AI, ad growth, and platform engagement continue to fuel investor optimism.