Group 1: Tesla (TSLA) - Tesla has demonstrated strong momentum, recently achieving all-time highs, driven by robust quarterly results and a favorable Zacks Rank indicating potential for further gains [1][3] - The company's gross margin expanded to 19.8%, up from 17.9% in the same period last year, alongside reporting the lowest cost of goods sold (COGS) per vehicle [4] - Analysts have raised earnings expectations for Tesla following its latest quarterly release, contributing to its Zacks Rank 1 (Strong Buy) status [3][4] Group 2: Alphabet (GOOGL) - Alphabet has gained attention with the announcement of its new quantum computing chip, Willow, which showcases advanced performance and significant achievements in the field [5][6] - Willow can exponentially reduce errors while scaling qubits, addressing a long-standing challenge in quantum error correction [6] - Analysts have raised EPS expectations for Alphabet, with a consensus suggesting 40% EPS growth in the current fiscal year and nearly 15% higher sales [7][8] Group 3: Market Trends - Both Tesla and Alphabet have experienced significant bullish trends, with buyers in control, leading to soaring stock prices and new all-time highs [1][8]
These 2 Mag 7 Members Just Broke All Time Highs