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*dates subject to change*
Earnings Reports (01/17/2023 – 01/20/2023)
For the second consecutive week, the markets continued ahead after the economy received more news and the first set of corporate earnings came through.
Some earnings highlights included Taiwan Semiconductors, which rose after reporting questionable quarterly results because investors believe that we have reached the bottom for the chip market.
Investors, and everyday citizens were able to breathe after the Bureau of Labor Statistics released the December CPI report. Inflation continued to slow to the expectations of economists, reducing price pressures on consumers and confirming a reduced rate hike by the Federal Reserve.
Overall, U.S. stocks were positive to kick off what seems to be a 2023 rally. Going forward, investors should monitor upcoming economic data like retail sales and major corporate earnings.
Here are the companies from this week’s expected earnings:
- Goldman Sachs – 01/17 (#goldmans)
- Morgan Stanley – 01/17 (#mstan)
- Charles Schwab – 01/18 (#charsh)
- Procter & Gamble – 01/19 (#pg)
- Fastenal – 01/19 (#fast)
- Ally Financial – 01/20 (#ally)
*Tip* Users can automatically add the listed companies above to their personal calendar, as well as any other of their favorite stocks!