The biggest earnings week is still a month away: Morning Brief

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Bespoke Investment Group समाचार

Nvidia,Earnings Season,Corporate Earnings

Nvidia will report earnings in late May, an event that is likely more crucial to the overall market than the coming week's crush of results and economic data...

This week, companies collectively worth nearly $17 trillion will report quarterly results. Next week, almost $13 trillion in market cap will follow.By the time the Kentucky Derby gets underway on May 4, 341 companies in the S&P 500 will have told investors how their first three months of 2024 went, data from Bespoke Investment Group showed.

Nvidia and the AI trade have also shown signs of some fragility after powering markets higher and papering over investor fears around rising rates for much of this year.MU, these forecasts have created early challenges for companies that aren't being rewarded for beating estimates and are being judged harshly for falling short.

NEW YORK -Former President Donald Trump agreed on Monday to additional restrictions on the $175 million bond in the former U.S. president's New York civil fraud case, resolving concerns by the state attorney general that the funds were not secure. The bond issued by Knight Specialty Insurance is meant to secure Trump's compliance with a $454.2 million judgment won by state Attorney General Letitia James if he does not succeed in an appeal.

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Wall Street's most bullish strategist cites a 'big surprise' pushing stocks higher: Morning BriefAs stocks rally to record highs, Wall Street strategists continue to raise their forecasts to keep pace.
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