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*dates subject to change*
Earnings Preview:
The markets continued their rapid swings amid the banking crisis unfolding, with constant rallies and days where investors endured major losses.
Some earnings highlights included Canadian Solar and Petco, the former reporting great earnings with their solar modules showing amazing growth and the latter announcing disappointing results with lower revenue.
The Federal Reserve made a controversial decision to raise interest rates by 25 basis points while laying out their plans for future decisions. Additionally, UBS in tandem with the Swiss government bought troubled bank Credit Suisse in a move to calm fears regarding the banking system.
Overall, U.S. stocks were up slightly as there were enough positive rallies to make progress. Going forward, investors should monitor upcoming economic data and major corporate earnings as we wrap up the first round of earnings season.
Here are the companies from this weekโs expected earnings:
- BioNTech SE ADR – 03/27 (#bntx)
- Carnival Corporation – 03/27 (#carnvl)
- Walgreen Boots Alliance – 03/28 (#boots)
- Futu Holdings Limited – 03/28 (#futu)
- Lovesac – 03/28 (#love)
- Cintas – 03/29 (#ctas)
- EVgo Inc. – 03/30 (#evgo)
*Tip* Users can automatically add the listed companies above to their personal calendar, as well as any other of their favorite stocks!