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*dates subject to change*
During the second week of February, the markets continued to whipsaw, ending lower as citizens began to digest new perspectives from the Fed and company earnings.
Some earnings highlights included tech companies Skyworks Solutions and Lumen Technologies, both of which rose by considerable margins after reporting stellar earnings reports.
After providing dovish comments in the previous week’s press conference, Fed Chair Jerome Powell had the opportunity to speak again, but this time exhibiting a more hawkish stance towards inflation, especially after last Friday’s job report. However, this week’s jobless claims report did give in, finally rising after six weeks of declines.
Overall, U.S. stocks are seemingly still in a new-year rally, with everyone waiting to see if the rally will begin to drop off or if this is a start of a bull market. Going forward, investors should continue to monitor corporate earnings, while also looking at next week’s economic data such as CPI on Tuesday and retail sales on Wednesday.
Here are the companies from this week’s expected earnings:
- Airbnb Inc – 02/14 (#abnb)
- Coca-Cola Co – 02/14 (#coke)
- Kraft Heinz Co – 02/15 (#kheinz)
- Shopify – 02/15 (#shopify)
- Roblox – 02/15 (#rblx)
- Hyatt Hotels Corp – 02/16 (#hyat)
- DoorDash Inc – 02/16 (#dash)
- Crocs Inc – 02/16 (#crox)
- Deere & Co – 02/17 (#deere)
*Tip* Users can automatically add the listed companies above to their personal calendar, as well as any other of their favorite stocks!