How options traders are setting up for the major tech earnings this week

  • 📰 CNBC
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 72%

Business News News

Business Business Latest News,Business Business Headlines

Four of the so-called 'Magnificent Seven' mega-cap companies will be reporting this week.

Bellwether as defined by the Cambridge Dictionary as "a particular event, result, etc. that usually shows how a more general situation will develop or change." As investors we often look to earnings results, particularly management comments and guidance, to help us better understand the state of the economy. Of course it is not just the earnings results or forward looking statements management might release themselves that matter, but also how investors respond to that information.

with disappointing revenues outperformed financials which had already been badly punished, suggests to me investors are unwilling to go out on the macro-economic limb, and still prefer idiosyncratic risk. Big Tech earnings This week is less about reading between the lines/through results, and contextualizing management comments, but rather it's about the market itself. Well over 40% of the S & P 500 by market capitalization reports earnings over the next 5 days.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSÄ°NESS

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.

Stock Market Today: 10-Year Treasury Yield Hits 5%This week will bring earnings from several of the 'Magnificent Seven' tech giants
Source: WSJ - 🏆 98. / 63 Read more »

Stock Market Today: 10-Year Treasury Yield Hits 5%Several of the 'Magnificent Seven' tech giants will post earnings this week
Source: WSJ - 🏆 98. / 63 Read more »

Magnificent 7 Brace for a Make-or-Break Week as Earnings Take Center StageMarket Overview Analysis by Michael Kramer covering: Nasdaq 100, S&P 500, Microsoft Corporation, Alphabet Inc Class A. Read Michael Kramer's latest article on Investing.com
Source: Investingcom - 🏆 450. / 53 Read more »