Earnings playbook: Nearly 100 S&P 500 names are set to report, including three AI plays

  • 📰 CNBC
  • ⏱ Reading Time:
  • 25 sec. here
  • 10 min. at publisher
  • 📊 Quality Score:
  • News: 41%
  • Publisher: 72%

Qualcomm Inc News

CVS Health Corp,Yum! Brands Inc,Super Micro Computer Inc

More than two-thirds of S&P 500 companies have already reported earnings, but there are still key names slated to post their latest quarterly figures.

More than two-thirds of S & P 500 companies have already reported earnings, but there are still key names slated to post their latest quarterly figures. Artificial intelligence plays Palantir, Qualcomm and Super Micro Computer are among the 96 S & P 500 names on deck. Those reports come after the busiest week of the reporting period, which included results from Apple, Amazon, Microsoft and Meta Platforms. So far, the season has been solid.

What to watch: Yum Brands has been lagging this year, up just 1%. TD Cowen analyst Andrew Charles doesn't see the stock moving too much in the near future. He downgraded shares to hold from buy in October. "We view YUM's risk/reward as balanced as 2024 development headwinds are unlikely to be fixed in 2025 given macro pressures in YUM's key development markets that we believe will lead consensus development estimates to miss," he wrote in a note.

 

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 NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

We're trimming a bank stock on tear since earnings, booking nearly a 100% profitThis sale does not reflect any change in our long-standing positive view on the bank and the job the CEO is doing.
Source: CNBC - 🏆 12. / 72 Read more »

S&P 500 Earnings: Financials Face a Tough Compare With Q3 ’23Stocks Analysis by Brian Gilmartin covering: S&P 500, Bank of America Corp, JPMorgan Chase & Co, Wells Fargo & Company. Read Brian Gilmartin's latest article on Investing.com
Source: Investingcom - 🏆 450. / 53 Read more »

S&P 500: Improving Earnings, Strong Economy Make a Case for a Broader RallyStocks Analysis by Ed Yardeni covering: S&P 500, US Small Cap 2000, The Utilities Select Sector SPDR® Fund, The Real Estate Select Sector SPDR® Fund. Read Ed Yardeni's latest article on Investing.com
Source: Investingcom - 🏆 450. / 53 Read more »

Goldman Sachs raises S&P 500 EPS, index price target ahead of 3Q earningsGoldman Sachs raises S&P 500 EPS, index price target ahead of 3Q earnings
Source: Investingcom - 🏆 450. / 53 Read more »