Futures inch up as Wall St prepares for more earnings By Reuters

Tesla slipped 0.3% ahead of results expected after the bell. Its strategy to boost sales through price cuts is likely to have powered its strongest revenue growth in five quarters while dragging down margins to a three-year low in the April-June period.

"The question is whether Tesla can continue to drive high volumes, as it becomes much busier on the EV highway ahead, with more big players accelerating their manufacturing efforts," said Susannah Streeter, head of money and markets at Hargreaves Lansdown. The electric carmaker will kick off the earnings season for megacap growth and technology companies whose outsized gains have driven the tech-heavy Nasdaq up 37.2% so far in 2023.

Credit Suisse raised its year-end target on the benchmark S&P 500 to 4,700 from 4,050, citing a decline in the near-term U.S. recession risk and a stronger earnings outlook for the largest technology-related companies.

Switzerland Neuesten Nachrichten, Switzerland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Wall St kicks off week higher as investors await more earnings By Reuters⚠️BREAKING: *U.S. STOCKS EDGE HIGHER TO START THE WEEK AS INVESTORS AWAIT MORE EARNINGS $DIA $SPY $QQQ $IWM $VIX 🇺🇸🇺🇸
Herkunft: Investingcom - 🏆 450. / 53 Weiterlesen »

Wall St ends higher with earnings poised to ramp up By Reuters*WALL ST ENDS HIGHER WITH EARNINGS POISED TO RAMP UP; S&P 500 CLOSES AT NEW 52-WEEK HIGH $DIA $SPY $QQQ 🇺🇸🇺🇸
Herkunft: Investingcom - 🏆 450. / 53 Weiterlesen »

Stock futures inch lower ahead of busy earnings day: Live updatesThe Dow Jones Industrial Average has just notched six straight positive days and its highest close in 2023.
Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »

Futures show stocks holding near 15-month highs as earnings season acceleratesU.S. stock futures were holding near 15-month highs early Tuesday as traders await a bevy of corporate earnings reports and retail sales data.
Herkunft: MarketWatch - 🏆 3. / 97 Weiterlesen »