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*dates subject to change*
This past week Wall Street showed confidence despite the Bank of Japan’s policy tweak, driven by positive US data supporting the Goldilocks scenario of a balanced economy. Inflation indicators eased, and Americans became more optimistic about the economic outlook, reinforcing the belief that the Federal Reserve can avoid a recession. The S&P 500 and Nasdaq 100 both rose, with major groups in the S&P 500 gaining and tech giants like Meta Platforms Inc., Tesla Inc., and Intel Corp. outperforming.
For the week of 07/31/23 – 08/04/23 lots of important earnings are coming out from big companies across tech and consumer goods.
Going forward, investors will be keeping an eye on bond yields, the dollar’s decline. Additionally, Investors are optimistic about a potential soft landing for the economy, leading to expectations of the market reaching new highs.
Here are the companies from this week’s expected earnings:
- Arista Networks, Inc. – 07/31 (#anet)
- Republic Services, Inc. – 07/31 (#repubs)
- Pfizer Inc. – 08/01 (#pfizer)
- Caterpillar Inc.. – 08/01 (#cat)
- CVS Health Corp. – 08/02 (#cvs)
- Shopify – 08/02 (#shopify)
- Apple – 08/03 (#aapl)
- Amazon – 08/03 (#amzn)
- Sony – 08/04 (#sony-adr)
- Berkshire Hathaway – 08/04 (#berk-a)
*Tip* Users can automatically add the listed companies above to their personal calendar, as well as any other of their favorite stocks!