- StockMKTNewz Daily Recap
- Posts
- StockMKTNewz Daily Recap 10/29
StockMKTNewz Daily Recap 10/29
GOOGLE AND AMD EARNINGS

Daily Stock Market Recap: 10/29
Hey everyone, it’s @StockMKTNewz - Evan! We’re back again with a DAILY STOCK MARKET NEWS RECAP
We've got plenty to cover in today's market recap! Let's dive into the key headlines and what you should keep an eye on as we move through the week.
EARNINGS
EPS of $2.12 beating expectations of $1.84
Revenue of $88.3B beating expectations of $86.3B
Google $GOOGL acquired YouTube for $1.65 Billion back in October 2006
Google has now brought in revenue of $144.3 Billion from just YouTube ads over the last 5 years
— Evan (@StockMKTNewz)
9:07 PM • Oct 29, 2024
AMD
EPS of $0.92 in line with expectations
Revenue of $6.8B beating expectations of $6.7B
AMD said next quarter it expects revenue to come in at $7.5B ± $300M
AMD reported data center revenue of $3.5B in Q3 up from $1.6B in Q3 2023

AMD CEO Lisa Su just said $AMD expects AI GPU revenue to exceed $5 Billion in 2024 up from its earlier forecast of $4.5B
— Evan (@StockMKTNewz)
9:18 PM • Oct 29, 2024
AMD got 53% of its Revenue from data centers last quarter up from 17% in Q1 2021
Here’s how the stock market performed today
Heat Map of the S&P 500 from today
Best and Worst Performing S&P 500 Stocks from Today

Get Ready For Tomorrow
EARNINGS: This is the earnings calendar I rely on daily during earnings season. Make your earnings season much easier by checking out Earnings Hub
Wednesday 10/30 SeekingAlpha catalyst Watch:
Macro: Schedule for tomorrow 10/30 (All times are in ET)
8:15 AM ET - ADP Employment
8:30 AM ET - Q3 GDP
10 AM ET - Pending Home Sales
The Daily Recap
The NASDAQ is currently trading at new ALL TIME HIGHS again today
— Blossom (@meetblossomapp)
5:21 PM • Oct 29, 2024
Visa $V plans to lay off ~1,400 and contractors by the end of the year
Visa has over 30,000 employees worldwide. Some of the cuts will be of contractors on its engineering teams. It couldn’t be learned how many of those affected aren’t employees - WSJ
— Evan (@StockMKTNewz)
6:49 PM • Oct 29, 2024
Apple $AAPL just released the new Mac Mini with M4 and M4 Pro chips starting at $599
— Evan (@StockMKTNewz)
3:38 PM • Oct 29, 2024
Elon Musk just said he thinks there will be 10 Billion Humanoid Robots by 2040 and by that time the Humanoid Robots will cost between $20K to $25K
— Evan (@StockMKTNewz)
2:27 PM • Oct 29, 2024
Google $GOOGL just said it expects to spend more on CAPEX in 2025 than it did in 2024
— Evan (@StockMKTNewz)
9:19 PM • Oct 29, 2024
Bitcoin $BTC is now back over $73K approaching all time highs
— Evan (@StockMKTNewz)
6:41 PM • Oct 29, 2024
Apple $AAPL exports of India 🇮🇳 made iPhones jumped to nearly $6 billion in the last six months up 33% YoY - Bloomberg
— Evan (@StockMKTNewz)
2:02 PM • Oct 29, 2024
OpenAI is working with Broadcom $AVGO and Taiwan Semiconductor &TSM to build its first in-house chip designed to support its AI systems - Reuters
— Evan (@StockMKTNewz)
4:48 PM • Oct 29, 2024
STARBUCKS $SBUX TELLS WORKERS TO RETURN TO THE OFFICE OR RISK GETTING FIRED
Starbucks will be instituting an “accountability process” in January to ensure corporate employees comply with requirements to work in the office 3 days a week
The message notes employees may face… x.com/i/web/status/1…
— Evan (@StockMKTNewz)
6:14 PM • Oct 29, 2024
All these stocks hit new 52 WEEK HIGHS at some point today
JPMorgan $JPM
Robinhood $HOOD
MicroStrategy $MSTR
Spotify $SPOT
Royal Caribbean $RCL
Wells Fargo $WFC
Delta Airlines $DAL
Doordash $DASH
Zoom $ZM
Altair $ALTR
Applovin $APP
Brookfield $BAM
Booking $BKNG
Corteva $CTVA… x.com/i/web/status/1…— Evan (@StockMKTNewz)
7:41 PM • Oct 29, 2024
Links to check out
TRACK MY Q4 COMPETITONTrack my competition portfolio on I’m doing a stock picking competition for Q4, you can track the entire thing in real time for FREE with Blossom |
Find the fastest, most reliable stock market news everywhere you go. I’m sharing updates throughout the day to keep you on top of the market action. | ![]() |
Earnings Hub is the best place out there for Earnings season. It is by far my favorite feature is the AI Summaries of the earnings calls … you need to check it out!! |
Subscribe for Daily Recaps!
Join our community for the latest updates and insights delivered straight to your inbox.