Greetings Fellow Invstr!
We appreciate your time as a member of the INVSTR community. We would like to ensure every investor has the proper tools and resources to invest smarter and capitalize on great opportune investments!
*dates subject to change*
For the second consecutive week, the markets continued to falter as investors increased the chances of a Federal Reserve interest rate hike by this week or November.
Some earnings highlights for the week included Oracle, which fell over 10% after reporting falling short on both license and hardware revenue. Although they announced new tech for the upcoming quarter, they also provided guidance that was weaker than expected.
Investors across the world had somewhat mixed interpretations of this week’s inflation-heavy data supply. For the month of August, inflation grew just at what was expected, but core inflation, a measure followed by the Fed, grew hotter than expected by 0.1 percentage points. Both inflation on the producer side and retail sales data also came hotter than expected.
Overall, U.S. stocks have shown some price pressure as investors await diligently for the Federal Reserve’s decision and remarks on Wednesday. Going forward, investors should watch Federal Chairman Jerome Powell’s remarks on Wednesday to get a glimpse of how the Fed plans to change monetary policy.
Here are the companies from this week’s expected earnings:
- Stitch Fix – 09/18 (#sfix)
- AutoZone – 09/19 (#autzon)
- FedEx – 09/20 (#fedex)
- General Mills – 09/20 (#genmils)
- Darden Restaurants – 09/21 (#darden)
- FactSet – 09/21 (#fds)
*Tip* Users can automatically add the listed companies above to their personal calendar, as well as any other of their favorite stocks!