Wall Street’s got coronavirus relief on the brain, and the fervent attention on Congress signing off on additional fiscal aid has detracted from the busiest coming stretch of quarterly corporate earnings of the quarter.
But next week’s earnings reports bear watching because some of the biggest companies will be reporting results, with many expected on Thursday, including the majority of a contingent of stocks known as FAANGS. So far, however, S&P 500 blended earnings, including actual results and forecasts, show a decline of 16.5% in the third-quarter, with 27% of companies reporting. If that level of deterioration in earnings eventuates, it would represent the second-steepest year-over-year earnings decline since the second-quarter of 2009 when it declined by 26 .9%.
All that said, earnings and the prospects for good results down the road won’t exactly ameliorate worries that coronavirus cases are rising in the U.S. and Europe in particular, while economic growth remains wobbly amid the pandemic. A report released Friday but the Leuthold Group implies that reaching record EPS results in 2021 is achievable if technology and health care helps to drive the market higher, after a big rally in stocks in the information technology sector following the lows seen in March this year as the coronavirus pandemic hit.
Capitalism in 'virtual reality ' is the same as our America's freedom in Communist China. Don't get it ? Feel free in lock down ?
Going to be one hell of a week. Really looking forward to it like kids get excited for treats.
IRS_CI, SEC_Enforcement, allowing Automobile companies to change dealer names & void warranties, not pay Tax on gain of not servicing those warranties. Fraudulent SEC Filings IRS_CI Destroyed documentation 2020-007235 TIGTA TRN-2009-0433 & TRN-2010-0201
So it’s gonna be a good week then...jimcramer should we purchase more shares of an S&P ETF, monday at open?
It’s going to be nuts
And greedy!
Investors wanted
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:
Sverige Senaste nytt, Sverige Rubriker
Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.
Stock market performs better when incumbent president wins reelection: LPL - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. ☑For responsive business website Except when that incumbent is a liar and con artist. Studies show the economy will do better under president Biden Now do GWB -- Obama
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »
A Corporate Feud Stings London Stock Market, Global BanksBavaguthu Raghuram Shetty, a 78-year-old entrepreneur, says two brothers fostered a father-son relationship with him before they allegedly cheated his health care, drug and payments companies in Europe and the Middle East out of billions of dollars. good Evidence of Biden's collusion with the CCP to betray the United States，Please forward the truth to more people, because it affects everyone’s future Who is foster kid? What was his accountant doing? Losing millions probably isnt a big deal if lost billions.
Källa: WSJ - 🏆 98. / 63 Läs mer »
Stock market crash: Expert warns of 'financial implosion,' 67% plunge - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. BidensAmerica wow Please make sure to write 'Paid article' next time you tweet Thanks!
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »
This tech company about to report earnings still has 'ample upside,' longtime investor saysAdobe is veteran technology investor Paul Meeks's top pick heading into a busy week of earnings reports. I trade in binary options and all instruments in the market. Your capital is safe with us.
Källa: CNBC - 🏆 12. / 72 Läs mer »
Top Consumer Stocks For OctoberOne of the best ways investors can invest in the recovery, without focusing on volatile tech, is through investing in companies that offer consumer goods and services. Our AI has identified some of these standout stocks by picking out 10 high-quality consumer stocks rated Top Buy this month.
Källa: Forbes - 🏆 394. / 53 Läs mer »
Top Wall Street analysts say buy stocks like Netflix and Alphabet amid renewed market volatilityTipRanks analyst ranking service pinpoints Wall Street's best-performing stocks, like Netflix and Alphabet. Both Netflix and Alphabet are FAILING companies. By getting more people into their HIDDEN PONZI scheme is the ONLY way for the top investors in these companies to take their money and run from these stocks AFTER RECOVERING their capital With Netflix if there is no production of new content due to Corona. Then it's dated content will lead to a decline in subscriber's. Did the wallstreet analyst suggest that if buying stock during this pandemic is a good idea than they should have told realDonaldTrump & congress that passing a universal basic income would be the best decision for Americans so they did not have to choose between rent & shares
Källa: CNBC - 🏆 12. / 72 Läs mer »