Motley Fool Money Mega Caps Struggle, Becky Quick on Berkshire-Hathaway's Future
Apr 29, 2022
Emily Flippen and Ron Gross, senior analysts at Motley Fool, dissect the recent struggles of mega-cap companies, including Amazon's decline and Microsoft's strong earnings. They discuss the volatile landscape for tech giants like Apple and Pinterest. CNBC host Becky Quick shares insights from the Berkshire Hathaway annual meeting, focusing on Warren Buffett's investing strategies amid inflation and economic challenges. The analysts also highlight exciting investment opportunities in Teladoc Health and Sherwin-Williams.
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Mega-Cap Struggles
- Mega-cap companies like Amazon experienced a challenging April 2022, contributing to the stock market's worst month in 20 years.
- Amazon's struggles stem from weaker sales and increased costs after rapid pandemic-era expansion.
Amazon's Q1 Challenges
- Amazon's Q1 2022 results reveal slowing sales growth, its slowest since 2001, and increased costs due to overexpansion.
- Despite strong AWS performance, the company posted a net loss, influenced by a significant loss on its Rivian investment.
Apple's Cautious Outlook
- Despite 9% revenue growth and a $90 billion share buyback plan, Apple's stock was affected by supply chain concerns and a lack of guidance.
- Apple anticipates $4-8 billion impact next quarter from China lockdowns, though current quarter results were strong.