July 28th 2021 – Stock Market Today: Here’s what’s happening.

Stock futures have been a mixed bag. However, as we optimistically look forward to more quarterly earnings reports,

Alphabet (GOOGL) came in with a solid report Tuesday, easily beating expectations. What could be the outlook for investors?

The International Monetary Fund warns that inflation pressure now has a global impact. Is it time for the big banks to take action?

Apple (AAPL) also boasted earnings that beat predictions Tuesday, due in part to its impressive sales of the iPhone 12. What does this mean for AAPL and its stock’s profitability?



Alphabet’s search and advertising income soar to record levels, blowing beyond Wall Street’s projections.

After the bell on Tuesday, Alphabet (GOOGL) released its profits for the second quarter of 2021. The stock jumped more than 3% after hours, which is well above analyst forecasts. Google’s total ad income climbed to $50.44 billion, up 69% from the previous quarter, hampered by the pandemic’s start. As results were released, GOOGL‘s chief business officer Philipp Schindler stated that retail was by far the most significant contributor to the company’s ad growth. YouTube’s quarterly income topped $7 billion, an impressive 83% rise over the previous year.

Sundar Pichai, CEO of Alphabet, stated that YouTube is the fastest-growing consumer service, adding, “In the U.S., we have over 120 million people who watch YouTube on TVs every month, and that’s up from like 100 million last year.” Pichai stated that YouTube Shorts, GOOGL‘s latest competitor to TikTok, had recently reached 15 billion daily views. In March, there were 6.5 billion daily views.

A massive improvement from last year’s loss of $1.43 billionGOOGL’s cloud business operating losses were $591 million this year. Platforms for computing, storage, data analysis, collaboration tools, and “other services for enterprise customers” are all part of Google Cloud. As a result of an accounting adjustment relating to the useful life of its server and network equipment, the firm recognized a quarterly net income gain of $561 million and a quarterly Earnings-per-share benefit of $0.83, which was implemented at the start of the year.

The International Monetary Fund (IMF) warns of a skewed economic rebound but maintains its global growth projection of 6%.

Due to low vaccination rates in emerging economies, the gap between rich and developing nations has increased throughout the pandemic’s duration so far, according to the International Monetary Fund. In its current World Economic Outlook report, the IMF maintained its 6% global growth projection for 2021, primarily because advanced nations, notably the United States, foresee a somewhat stronger growth rate than the IMF previously predicted. As a result, economic development in emerging countries is projected to be slower. As part of the initiative, the United States called on nations to cooperate to safeguard their populations more quickly.

Recent price increases have divided investors, who are trying to determine if they are here to stay. As of June, the Consumer Price Index in the U.S. was 5.4%, the highest level in over 13 years. In the U.K., the inflation rate hit 2.5% in June, its highest level since August 2018. Mostly, however, these pricing pressures are considered temporary by the Washington-based institution. Perhaps most notable is that they predict the US economy will grow by 7% in 2021.

“Inflation is expected to return to its pre-pandemic ranges in most countries in 2022,” the IMF stated. However, the IMF warned that there is a danger of transitory pressures becoming more permanent, creating the need for preventive intervention by central banks.



In its fiscal third-quarter earnings announcement, Apple (AAPL) blew away Wall Street estimates, with a tip of its hat to the iPhone 12.

On Tuesday, Apple (AAPL) announced that total quarterly sales rose 36% to $81.4 billion, an all-time high and $8 billion over analyst estimates, in the company’s June quarter. Sales of iPhones increased by over 50% year-over-year to $39.6 billion for the three months ending June 26th. Because of the pandemic, several experts had feared that AAPL‘s hardware sales would be down year-over-year. The global chip shortage was a concern for investors, who feared a downturn in Apple’s sales.

Even as health conditions have improved in many areas of the world, Apple’s findings show it’s still going strong. In each of its product areas, the company’s sales grew by double digits. Many of AAPL‘s customers have lent a hand by deciding to buy the higher-end versions of the iPhone 12, Apple’s first 5G phone, which was released last autumn. Despite regulatory scrutiny that may hinder its operations and its stock falling more than 2% after reporting profits, the company has managed to do very well.

The fact that iPhones are still in high demand more than 14 years after their introduction is impressive enough on its own. In a statement, Apple (AAPL) CEO Tim Cook said that “This quarter, our teams built on a period of unmatched innovation by sharing powerful new products with our users, at a time when using technology to connect people everywhere has never been more important.”

Where to invest $1,000 right now...

Before you consider buying Apple, you'll want to see this.

Investing legend, Keith Kohl just revealed his #1 stock for 2022...

And it's not Apple.

Jeff Bezos, Peter Thiel, and the Rockefellers are betting a colossal nine figures on this tiny company that trades publicly for $5.

Keith say’s he thinks investors will be able to turn a small $50 stake into $150,000.

Find that to be extraordinary?

Click here to watch his presentation, and decide for yourself...

But you have to act now, because a catalyst coming in a few weeks is set to take this company mainstream... And by then, it could be too late.

Click here to find out the name and ticker of Keith's #1 pick...