Apple and four other of the largest publicly traded companies are about to report earnings – what to watch

  • 📰 CNBC
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 72%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

The five largest publicly traded companies in the U.S., including Apple and Amazon, are reporting earnings this week. Together they make up $7 trillion in market cap. Two market analysts share what to watch.

Together they make up roughly $7 trillion in market cap and could dictate how the cap-weighted S&P 500 trades in the next week and beyond. Microsoft is set to report Tuesday after the bell, and the rest are scheduled for Thursday.

"The dilemma for us is to say, 'OK, are they a little bit expensive, and is there going to be a shift in a rotation from growth to value in general in the markets and then specifically with these companies?'" he said. Apple and Microsoft are categorized as tech, Facebook and Alphabet are in the communication services sector and Amazon in consumer discretionary. All but Microsoft and Alphabet have far exceeded their respective sectors' move since March.

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 ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

South Africa South Africa Latest News, South Africa South Africa Headlines

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

Dunkin’ Brands, Hasbro, Apple: What to Watch When the Stock Market Opens TodayS&P 500 futures are falling as coronavirus cases surge in the U.S. and Europe, while stimulus hopes fade. I know melburnians are excited but this is a bit bullish migga Please help! Please retweet/share! 8-months-old baby Joshua is battling acute lymphocytic leukemia, a type of blood cancer. His life is dependent on chemotherapy & a stem cell transplant. Help Joshua's family in offsetting the cost of his treatment here: bottom middle
Source: WSJ - 🏆 98. / 63 Read more »