Mega Caps Ready to Shape Market's Destiny This Week: Here's What to Keep an Eye on

📆 2024-10-29 3:25 PM
📰 Investingcom

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Microsoft Corporation,Alphabet Inc Class A,Apple Inc

Stocks Analysis by Christine Short covering: S&P 500, Microsoft Corporation, Alphabet Inc Class A, Apple Inc. Read Christine Short's latest article on Investing.com

Q3 S&P 500® EPS growth expected to come in at 3.6% in fifth consecutive quarter of growth.Large cap outlier earnings this week: Chipotle, Visa, D.R. Horton, Microsoft and more

It’s no secret that the US consumer has wavered in the last two years as rising inflation took its toll. In some quarters that has meant credit card providers are seeing less total payment volumes and/or greater payment delinquencies. In the second quarter Visa both missed Wall Street’s revenue estimate and recorded slowing payment volume. Two weeks ago, a closely watched peer, American Express , reported results for Q3.

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