The foremost inventory indexes recorded weekly losses on Friday after a full schedule of earnings, new tariff coverage for US buying and selling companions, Federal Reserve rate of interest resolution, and a weaker-than-expected July jobs report.
Information from FactSet published Friday confirmed that we’re two-thirds of the best way by the second quarter reporting interval, with 66% of S&P 500 corporations having reported outcomes to this point. As of Aug. 1, S&P 500 companies are monitoring for 10.3% earnings development for Q2.
If that charge holds, it’ll mark the third straight quarter of double-digit earnings development for the index.
Buyers are nonetheless ready to listen to from the remaining third of corporations, nevertheless. On deck subsequent week are outcomes from AMD (AMD), Snap (SNAP), McDonald’s (MCD), Disney (DIS), Uber (UBER), Lyft (LYFT), and extra.
Here is a take a look at the earnings calendar for the subsequent 5 enterprise days:
Monday: BioNTech (BNTX), Hims & Hers (HIMS), Palantir (PLTR)
Tuesday: AMD (AMD), Amgen (AMGN), BP (BP), Caterpillar (CAT), Duke Power (DUK), DuPont (DD), Lemonade (LMND), Marathon Petroleum (MPC), Marriott (MAR), Opendoor (OPEN), Pfizer (PFE), Rivian (RIVN), Snap (SNAP), Tremendous Micro Laptop (SMCI), Toast (TOST)
Wednesday: Airbnb (ABNB), Disney (DIS), DraftKings (DKNG), Dutch Bros (BROS), e.l.f. (ELF), Joby Aviation (JOBY), Lyft (LYFT), McDonald’s (MCD), Novavax (NVAX), Occidental Petroleum (OXY), Shopify (SHOP), Sunrun (RUN), Uber (UBER), Zillow Group (Z)
Thursday: Atlassian (TEAM), Block (XYZ), Celsius Holdings (CELH), Crocs (CROX), Eli Lilly (LLY), Hertz (HTZ), Instacart (CART), Intuitive Machines (LUNR), Papa John’s (PZZA), Peloton (PTON), Pinterest (PINS), Rocket Lab (RKLB), Texas Roadhouse (TXRH), Sweetgreen (SG), Warner Bros. Discovery (WBD), Wynn (WYNN), Yeti (YETI)
Friday: Underneath Armour (UAA), fuboTV (FUBO)
