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*dates subject to change*
Earnings Reports (07/17/2023 – 07/21/2023)
After a week of declines, markets continued to push prices further as the three major indices reach highs last seen in April 2022.
Some earnings highlights included American healthcare and insurance company UnitedHealth, which rose after reporting better-than-expected top and bottom lines from surges in patient demand, leading the S&P 500’s healthcare sector.
Investors across the world were gladly shocked that consumer and producer-side inflation grew less than expected in June at 0.2% and 0.1%, respectively. After conflicting reports from the labor market, the Federal Reserve now has new data that seems to depict a single rate increase for the rest of 2023.
Overall, U.S. stocks have remained strong alongside data depicting successes from the Federal Reserve’s tightened fiscal policy. As the year continues, investors should pay close attention to second-quarter performances from companies as hopes continue for a soft landing.
Here are the companies from this week’s expected earnings:
- Bank of America – 07/18 (#bankamer)
- Charles Schwab – 07/18 (#charsh)
- Hasbro – 07/18 (#hasbro)
- Netflix – 07/19 (#netflx)
- Tesla – 07/19 (#tesla)
- American Airlines – 07/20 (#amerair)
- American Express – 07/21 (#amex)
*Tip* Users can automatically add the listed companies above to their personal calendar, as well as any other of their favorite stocks!