Big-tech results will decide 'where we go from here' amid investor caution. They would fall if it weren't for this one company

The big U.S. banks gave mixed signals on the economy when they reported quarterly results this month, and market optimism has seesawed.

“If we do get a beat and raise from some of the heavy hitters, that will give the market a boost and then we will have analysts scurrying to update their models and see price target upgrades,” he continued. “NVIDIA is also expected to be the largest contributor to earnings growth for the entire S&P 500 for Q3,” FactSet Senior Earnings Analyst John Butters said in a report on Friday. “If this company were excluded, the blended earnings decline for the S&P 500 for Q3 would increase to -1.8% from -0.4%.”

Still, Wall Street’s expectations could be worse. Alphabet reports as it faces a bigger antitrust battle with the government. But analysts expect decent search-driven ad revenue and a better showing from YouTube. And at Meta, some analysts expect ad sales to recover as well. This week in earnings Elsewhere in the tech industry, Intel Corp. INTC, -2.10% and International Business Machines Corp. IBM, -0.62% report this week. So does streaming platform Spotify Technology SPOT, -0.03%, which has been trying to expand beyond music and podcasts as steady profit remains hard to come by. Toy-makers Mattel Inc. MAT, -1.30% and Hasbro Inc. HAS, -0.

Those discussions have been part of a bigger push from labor across the nation’s supply chains, following initial deals struck with longshoremen and rail workers over the past year, as workers fight for a cut of big pandemic-era profits reaped by their employers and businesses and businesses and consumers worry about delays in shipments and higher prices.

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Analysts bail on solar stocks after SolarEdge warning of weak earningsSeveral analysts slashed their price targets and ratings on SolarEdge stock after the company delivered crushing news about waning demand.
Fonte: CNBC - 🏆 12. / 72 Consulte Mais informação »

S&P 500 off lows as Treasury yields retreat, but mixed corporate earnings weighS&P 500 off lows as Treasury yields retreat, but mixed corporate earnings weigh
Fonte: Investingcom - 🏆 450. / 53 Consulte Mais informação »

– ECB rate decision, US Q3 GDP, Barclays, Lloyds, NatWest, Amazon, and Microsoft earningsUK Unemployment (Sep) – 24/10 – Having been delayed from last week the latest UK ILO unemployment numbers for September are expected to remain unchang
Fonte: FXStreetNews - 🏆 14. / 72 Consulte Mais informação »

Cathie Wood’s super bullish Tesla stance tested after latest earningsArk Invest predicted in April that Tesla would be trading at $2,000 per share by 2027.
Fonte: startelegram - 🏆 248. / 63 Consulte Mais informação »

Stock Market Today: Dow falls to weekly loss amid surging yields, mixed earningsStock Market Today: Dow falls to weekly loss amid surging yields, mixed earnings
Fonte: Investingcom - 🏆 450. / 53 Consulte Mais informação »

Stocks like Nvidia have 'earnings upside' ahead of quarterly reports, Wall Street analysts sayWall Street analysts named a slew of stocks that will surprise to the upside heading into earnings.
Fonte: CNBC - 🏆 12. / 72 Consulte Mais informação »