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*dates subject to change*
Earnings Preview:
The choppy market continued with the indices ending slightly negative last week despite major events taking place.
Some earnings highlights included Palantir and Twilio, which rose after reporting extremely positive earnings and displaying immense value, with the latter announcing a stock buyback plan.
Inflation data came out to be uninspiring, with the results being followed by hawkish Federal Reserve comments that point to further rate hikes. However, retail spending saw a major boost in January, displaying a strong economy and adding more confusion to the mix..
Overall, U.S. stocks were mostly unchanged. Going forward, investors should monitor upcoming economic data and major corporate earnings as we wrap up the first round of earnings season.
Here are the companies from this week’s expected earnings:
- Walmart – 02/21 (#walmrt)
- Home Depot – 02/21 (#homdep)
- Medtronic – 02/21 (#medtron)
- Baidu Inc. – 02/22 (#baidu)
- Wingstop – 02/22 (#wing)
- com – 02/22 (#wix)
- Alibaba Group ADR – 02/23 (#baba)
- Moderna – 02/23 (#mrna)
- Wayfair – 02/23 (#wyfr)
- Cinemark Holdings – 02/24 (#cnk)
*Tip* Users can automatically add the listed companies above to their personal calendar, as well as any other of their favorite stocks!