The Dow Jones Index is in a strong bull run this year after soaring by almost 30% from its lowest level this year. It ended the week at $47,233, up from the April low of $36,645.
This week will be an important one for the Dow and other indices like the S&P 500 and the Nasdaq 100 because of key events like the Federal Reserve decision, Donald Trump meeting with Xi Jinping, and top earnings. This article looks at some of the top Dow Jones stocks to watch this week.
Apple (AAPL)
Apple, the second-biggest company in the world, will be one of the top Dow Jones stocks to watch this week as it publishes its results on Thursday.
These results comes as its stock remains in a bull market after soaring by 55% from its lowest level in April this year when Donald Trump announced his reciprocal tariffs.
Apple’s stock has surged recently after the media reported that its new iPhone models were selling fast in key markets like the US, UK, and China. This is partly because the new models have a unique appearance than those launched in the past few years.
Still, Apple’s main challenge is that the company lacks the next big thing as some of its recent hardware solutions have not done well. The most notable of these is the Vision Pro product, which has failed to generate any meaningful sales for the company.
Apple, unlike other companies in the tech industry like Microsoft and Meta Platforms, Apple has lagged behind in the artificial intelligence industry. Its upcoming results will provide more color on this and what it plans to do in the future.
Analysts expect the upcoming results to show that Apple’s revenues rose by 7.54% to $102 billion. Its guidance will show that its revenue will rise by 5.4% to $131 billion in the fourth quarter, bringing the annual revenue to over $415 billion.
Microsoft (MSFT)
Microsoft is another top technology company to watch this week. Unlike Apple whose stock is soaring, Microsoft’s shares have pulled back in the past few weeks, moving from a high of $555 in July to the current $523. It has jumped by 52% from its lowest point in April.
Microsoft’s shares have remained under pressure as concerns about the AI bubble rise. That’s because Microsoft has been one of the heaviest spenders in the industry such that it has become Nvidia’s biggest client.
The company also became a pivotal client for CoreWeave after it announced a $18 billion deal with the company recently.
Therefore, the company’s earnings will be important as they will shed more light on its AI spending plans and the revenue growth it is generating from the AI initiatives.
Yahoo Finance data shows that analysts expect Microsoft’s revenue will be $75 billion, a 15% increase from the same period last year. Its earnings-per-share is expected to move to $3.65, up from $3. Odds are that Microsoft will report stronger-than-expected earnings as it has always done.
Amazon (AMZN)
Amazon is another top Dow Jones stocks to watch this week. AMZN stock price is trading at $225, up by 40% from the lowest level in April this year.
Amazon will publish its financial results on Thursday this week and provide more color about its revenue growth and its AI plans.
These results come at at a time when there are concerns about Amazon’s role.in the AI and cloud business, especially after last week’s outage and after Anthropic inked a deal with Google.
Analysts believe Amazon has lagged behind its other peers on the AI industry and will have to spend more money to catch up. These results will provide more information about its AI initiatives.
Analysts expect the upcoming results to show that its revenue rose by 11.8% to $177 billion, while its EPS moved from $1.43 to $1.56.
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