News Formal

Big Tech earnings have been strong, but Apple is about to answer the thousand-dollar question

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 48 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 97%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

Earnings Watch: Nearly half of the S&P 500 has reported results, and Apple, AMD, and PayPal will highlight the week ahead

While the stock market reactions may not prove it, Big Tech is four-for-four so far this earnings reporting season.

Results from other companies in recent weeks have painted a mixed picture of consumer spending. Visa Inc. V, -0.87%, Mastercard Inc. MA, -0.14% and American Express Co. AXP, -1.42% say that spending remains resilient, but there are also signs that cracks are starting to form in categories deemed non-essential. Just look at Align Technology Inc. ALGN, +0.

Apple’s report could also highlight the impact of currency on corporate results, as the company generates more than half of its revenue internationally. The week ahead will also shed light on how consumers’ dining preferences have evolved in the current economy. Starbucks Corp. SBUX, -0.70%, Dine Brands Global Inc. DIN, -0.12%, Cheesecake Factory Inc. CAKE, -0.47% and Sweetgreen Inc. SG, +0.59% are among names on the docket. Plus, amid concerns about the impact of GLP-1 drugs such as Ozempic and Wegovy on eating habits, Kraft Heinz Co.’s management will be in the spotlight.

 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки
Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 3. in RU

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Stock Market Today: Stocks tick higher after strong finish to Big Tech earningsAmazon injected markets with a bit of optimism after posting strong results Thursday.
Источник: startelegram - 🏆 248. / 63 Прочитайте больше »

Intel Stock Earnings: INTC rises nearly 10% on earnings surprise, robust Q4 outlookIntel (INTC) stock soared 9.7% mid-session on Friday after the legacy semiconductor company posted earnings nearly double Wall Street’s expectation.
Источник: FXStreetNews - 🏆 14. / 72 Прочитайте больше »

Tech buoyed by Amazon earnings but stocks elsewhere struggleIt's been another tough week for European stock markets which are set to end it in the red once more amid concerns over the economy. Investors have be
Источник: FXStreetNews - 🏆 14. / 72 Прочитайте больше »

Tech Earnings Were Strong, but AI Progress Has Been SlowFor Big Tech firms, generative AI is a high-stakes, no-limit poker game that requires not just capital but also labor—mainly costly coders.
Источник: MarketWatch - 🏆 3. / 97 Прочитайте больше »

Cramer's week ahead: Federal Reserve meeting, Apple and Eli Lilly earningsCNBC’s Jim Cramer said he’ll be watching for a number of notable earnings reports next week, including Apple, Caterpillar and drug maker Eli Lilly.
Источник: NBCNewYork - 🏆 270. / 63 Прочитайте больше »

Cramer's week ahead: Federal Reserve meeting, Apple and Eli Lilly earningsCNBC’s Jim Cramer said he’ll be watching for a number of notable earnings reports next week, including Apple, Caterpillar and drug maker Eli Lilly.
Источник: nbcchicago - 🏆 545. / 51 Прочитайте больше »