Week Ahead: Busy Week Expected As Bulk Of S&P 500 Companies Release Earnings

This week, the focus among investors will be on corporate earnings. This is after about 15% of companies in the S&P 500 released their earnings last week. Of all the companies that released their earnings, more than 80% beat the consensus analysts’ forecasts. This week, companies that will release include the likes of Amazon (AMZN), Google (GOOGL), Facebook (FB), Twitter (TWTR), Apple (AAPL), and Boeing (BA). As these companies release, investors will focus on a number of themes.

First, on Boeing, they will want to hear from the executives at the company on when the 737 Max will be safe to fly. The company has been working on fixes to ensure that the plane is safe to fly again after two accidents killed more than 400 people.

Second, results from companies like McDonald's (MCD), Starbucks (SBUX), and Chipotle (CMG) will be good indicators on whether the consumers are continuing to increase their spending. These companies have been forced to increase their prices as a result of higher labor and commodity costs.

Third, with automobile companies like Ford (F), GM (GM), and Tesla (TSLA) expected to report, investors will be watching on the trends in the industry. The industry has recently faced a number of headwinds, including the carbon mandates in places like Europe. They have also been disrupted by electric vehicle companies like Tesla. Other companies are also creating autonomous systems. In Asia, investors will be focusing on Nissan, which is set to give more details on the restructuring and potential job cuts.

Fourth, in Europe, banks are expected to report. Investors expect these banks to underperform their American peers like JP Morgan and Goldman Sachs. Already, Deutsche Bank has announced a loss for the quarter. BNP Paribas, which took Deutsche Bank’s clients is expected to show progress on the integration process. Credit Suisse will answer on the departure of an executive who was seen as a potential successor to the current CEO.

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