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*dates subject to change*
Earnings Preview:
After a poor start, the markets had a stellar end to the week after earnings continued to swing from sector to sector.
Some earnings highlights included Microsoft and Meta, both reporting exceptional earnings that blew analyst expectations out the water and powered the tech industry to a late week surge, with key parts of their business excelling.
US GDP for the first quarter of the year came higher than expected, but displayed a decent slowdown in the growth of the economy. Additionally, a major regulatory move was made in Britain as the CMA rejected the Microsoft-Activision deal from proceeding, citing concerns regarding competition.
Overall, U.S. stocks rose by a solid amount as strong tech earnings brought the markets forward by the end of the week. Going forward, investors should monitor upcoming economic data and another batch of important corporate earnings.
Here are the companies from this weekโs expected earnings:
- Stryker Corp – 05/01 (#strykr)
- Vertex Pharmaceuticals – 05/01 (#vertx)
- AMD – 05/02 (#amd)
- Ford Motor – 05/02 (#ford)
- Starbucks – 05/02 (#sbux)
- CVS Health Group – 05/03 (#cvs)
- Estee Lauder – 05/03 (#estelaud)
- Kraft Heinz – 05/03 (#kheinz)
- Apple – 05/04 (#aapl)
- Shopify ADR – 05/04 (#shopify)
- AB InBev ADR – 05/04 (#abinbev-adr)
- Cigna – 05/05 (#cigna)
- Dominion – 05/05 (#dominion)
*Tip* Users can automatically add the listed companies above to their personal calendar, as well as any other of their favorite stocks!
*Tip* Users can automatically add the listed companies above to their personal calendar, as well as any other of their favorite stocks!ย