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.
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: FXStreetNews - 🏆 14. / 72 Read more »
Source: WSJ - 🏆 98. / 63 Read more »
Nasdaq 100, S&P 500 Weekly Forecast: Alphabet, Microsoft and Amazon Earnings EyedCorporate earnings from tech mega-caps Alphabet, Microsoft, and Amazon could guide market sentiment and set the trading tone for the S&P 500 and Nasdaq 100 in the coming week.
Source: DailyFX - 🏆 305. / 63 Read more »
Source: MarketWatch - 🏆 3. / 97 Read more »
Source: MarketWatch - 🏆 3. / 97 Read more »