'This is the most overwhelming week of earnings season,' Jim Cramer says

Projected revenue: $11.58 billionQ2 earnings release: 6:30 a.m.; conference call: 9 a.m."They need to tell a better story than last time, a story about how their safety division's on fire, their auto business has turned, and China's coming back," he said. "Sadly, I don't think you [will] get any of that."Projected revenue: $13.46 billion

"I think the CEO will dig himself a deeper hole on the conference call that will be difficult to climb out of. The best thing they can say is that they don't need a bailout," he said.Projected revenue: $4.99 billion "I think it can rally as long as we don't get another wholesale rotation out of the cloud stocks," he said.Q2 earnings release: 2 a.m.; conference call: 6:45 a.m."When it comes to the race for a vaccine, we know AstraZeneca's in the lead," Cramer said."We haven't really heard much about Lilly's antibody strategy, though I actually expect great things," he said, "And Covid aside, they have a habit of raising their forecast every quarter.

Jake Cramer to overwhelm for television..

Are we gonna see disappointment from FANG stocks

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

European stocks set to inch higher with U.S.-China tensions, China data in focusEuropean markets are set to open fractionally higher on Monday as investors continue to watch rising diplomatic tensions between the U.S. and China, while corporate earnings season gathers momentum. red index monday , sp500 dow jons , nasdaq
Source: CNBC - 🏆 12. / 72 Read more »

U.S. drugmaker earnings heat up this week with spotlight on vaccine newsSeveral major U.S. drugmakers will report second-quarter results this week, with investors eager for fresh details from Pfizer Inc , Merck & Co and others on their efforts to develop vaccines and therapies against the novel coronavirus. Don’t need it, Doc on steps has a cure. Well, I never expected that ! 🤑
Source: Reuters - 🏆 2. / 97 Read more »

Stock futures rise slightly ahead of big week of earnings, coronavirus stimulus in focusBig Rally Monday and Tuesday then a nice pull back end of week. I love how these articles come out right before it moves the other direction... it’s comical how all of these writers try to pinpoint the reason why the market moves and what it’s based on.... just say.. the market is going up because of buying... it would be more genuine
Source: CNBC - 🏆 12. / 72 Read more »