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*dates subject to change*
Earnings Preview:
For the first week of February, the markets continued their new year rally following recent news from the Fed and a star-studded corporate earnings week.
Some earnings highlights included Meta and AMD, with shares of both rising following surprising revenue gains in their respective, struggling industries.
After months of anticipation, Investors were able to confirm their presuppositions with the Federal Reserve’s interest rate decision on Wednesday. A 25-basis point hike was what was delivered, however, growing speculation on the labor market didn’t allow for Fed Chair Jerome Powell to provide any insight on when rate hikes will pause.
Overall, U.S. stocks have remained positive in the first session of the earnings season for 2023. Going forward, investors should monitor January’s upcoming economic data like CPI, PPI, and retail sales.
Here are the companies from this week’s expected earnings:
- Tyson Foods – 02/06 (#tyson)
- Take-Two Interactive Software – 02/06 (#take2)
- Royal Caribbean Cruise – 02/07 (#royalc)
- Walt Disney Co – 02/08 (#disney)
- Uber Technologies – 02/08 (#uber)
- PayPal – 02/09 (#paypal)
- Kellogg’s – 02/09 (#k)
- PepsiCo – 02/09 (#pepsi)
- Honda Motor – 02/10 (#honda-adr)
*Tip* Users can automatically add the listed companies above to their personal calendar, as well as any other of their favorite stocks!