Mark Lister: Craigs Investment Partners spokesperson on the expected results from US tech titans

It's set to be a big week for the US' biggest tech companies.

Meta, Microsoft, Apple, Amazon and Tesla are all expected to report their results in the coming days - and it's likely these businesses will be expecting a boost from the new presidential administration. 

Mark Lister from Craigs Investment Partners explains what we can expect.

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Episode Transcript

Speaker 1 (00:00):
As time for a look at the markets. It's been
a huge week for US tech companies Meta, Microsoft, Apple, Amazon,
and Tesler all reporting this week. Mark listener is from
Craig Investment Partners and he's with me right now. Hello. Mark.

Speaker 2 (00:14):
Gooday, how are you going, Andrew?

Speaker 1 (00:15):
I'm good. What are you expecting from these particular companies results?

Speaker 2 (00:19):
Well, I expect them to look solid. We won't hear
from quite all of those ones you mentioned this week. Meta, Microsoft,
and Tesler will report on Wednesday, so we will hear
from them on Thursday morning New Zealand time, and then
Apple will follow the next day, so Thursday and the
US Friday and New Zealand. I think Amazon might be

(00:41):
a week after that. In Nvidia, which is obviously the
highest profile of all of them, will be next week
as well. But still, you've got four of the Magnificent
seven reporting this week, and they represent those four collectively
about eighteen percent of the S and P five hundred
by size. Where they go the US share market goes.

(01:03):
They've obviously been performing exceptionally well over the last few years,
and if the reporting season so far is anything to
go by, and the performance of these companies in recent quarters.
I think you'll see some solid numbers and it should
look very impressive.

Speaker 1 (01:18):
So Mediteza and Amazon, their bosses have been courting favor
that the original question was publicly sacking up to. But
I thought that was a bit vulgar personally, So I've
decided their bosses have been courting favor with Donald Trump.
Would you expect their businesses to get a significant boost
from his presidency?

Speaker 2 (01:37):
Well, look hard to know. I don't think there's anything
too specific in the policy settings that we're expecting from
Trump to impact them dramatically. To be honest, these businesses
are all in pretty good shape already, and they are
marching to the beat of their own drum, and they
are all in fundamentally good shape. So maybe it's just

(02:01):
a wise or a student move on their part to
make sure they're in the good books with the current
regime as a bit of an insurance policy. But I
don't think there's anything completely obvious that we'll see out
of the Trump potential policy playbook that will will dramatically
change the landscape. It's more about the US economy, and

(02:24):
it's about the growth in AI and what's happening in
these individual businesses. But they're all exceptionally good companies that
have been performing very very well.

Speaker 1 (02:33):
Well, I'll give you an example of the Trump playbook
in just a few moments time. We're calling it the
biggest flip flop in history, but I'll have details for
that right after you. One final question. The Fair Reserve
have their next interest rate decision on Thursday morning, our time,
and what are you expecting.

Speaker 2 (02:48):
I think they will pause, So I think they will
do nothing with interest rates, which is kind of interesting
because they you go back to the middle of last
year and their OCR the equivalent, was at five and
a half per cent, same as US. We've obviously been
coming as have they. We've ended up at four and
a quarter and will be in the threes but within

(03:09):
a month's time, because we'll cut another fifty in February.
But they're down at four and a half, and I
think they'll stop here and just hold the line for
a little while. You know, you will see a couple
more cuts over the course of this year, but they're
going to go a lot slower. So you've got that
unusual situation where the US OCR is higher than that

(03:29):
of New Zealand, and that's unusual. You don't see it
very often, and I think that's why the currency is
obviously in the doldrums.

Speaker 1 (03:37):
Absolutely I get that because you can put your money
in a place that can get more interesspect Hey, Mark,
listen from Craig Investments Partners. I thank you so much
for your time today.

Speaker 2 (03:45):
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