Big Tech takes center stage in what could be a make-or-break week for S & P 500 earnings. About 150 S & P 500 companies are slated to report, including Microsoft, Meta Platforms, Amazon and Alphabet. Those results come during a tough time for Wall Street, as higher rates and conflict in the Middle East rattle investor sentiment. The earnings season has been a mixed bag thus far, but pretty positive.
The stock has fallen nearly 10% over the past month. Earlier in October, the company said it was broadening inspections for a 737 Max production defect. Bottom line: Boeing will need a strong report to stem further losses. What history shows: Boeing shares have posted gains after the last three earnings releases, including an 8.7% rally following the company's second-quarter report. Meta Platforms is set to report earnings after the close. Management is expected to hold a call at 5 p.m. ET.
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