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Corporateearnings

All articles tagged with #corporateearnings

finance1 year ago

S&P 500 Hits Record Highs Amid Ongoing Post-Election Rally

U.S. stocks continue their post-election rally, with the S&P 500 reaching a record high, driven by optimism over former President Trump's election win and potential Republican control of Congress. The tech-heavy Nasdaq also saw significant gains, with Tesla's market cap surpassing $1 trillion. Meanwhile, Humana shares fell after Cigna decided not to pursue a takeover. The market anticipates further gains despite muted trading due to Veterans' Day, with key economic data and corporate earnings reports expected later in the week.

via TheStreet|
#corporateearnings#finance#sandp500
finance1 year ago

"Earnings Season Update: S&P 500 Shows Year-over-Year Growth, Tech Sector Leads"

Tom Lee, head of research at Fundstrat, provides a positive analysis of U.S. corporate earnings at the halfway point of the fourth-quarter results reporting season, highlighting that earnings per share estimates are understated due to financials' drop caused by a $23 billion fee. He also notes that companies beating estimates are seeing one-day stock-market gains, the percentage of companies reporting double-digit earnings per share growth has increased, and draws inspiration from the Chinese stock market showing signs of bottoming. Additionally, U.S. stock index futures rose, and the yield on the 10-year Treasury was 4.12%.

via MarketWatch|
#corporateearnings#earningsseason#finance
finance2 years ago

"Tech Chill: Intel's Bleak Outlook Sends US Futures Slipping"

Stocks edged lower as Intel's gloomy outlook and a key inflation reading influenced investor sentiment, with the S&P 500 slipping and the Nasdaq Composite sinking, while the Dow Jones remained virtually unchanged. Intel's first-quarter outlook fell short of expectations, impacting tech stocks, and the release of the PCE index for December showed a slower inflation rate, potentially signaling a "soft landing" for the US economy. With the Fed's first policy meeting approaching, positive economic data may prompt interest rate cuts later this year, while investors await further corporate earnings reports for insight into the economy's health.

via Yahoo Finance|
#corporateearnings#finance#inflation
economy-and-finance2 years ago

"2024 Economic Forecast: Key Trends to Monitor"

As we head into 2024, key economic trends to watch include a cooling labor market with job openings decreasing, inflation rates nearing target levels, the possibility of the Federal Reserve cutting interest rates, improving consumer sentiment, and a potential "Goldilocks" scenario for economic growth. Corporate profit margins remain high, and interest expenses for companies are stable despite rising rates. Analysts expect S&P 500 earnings to grow, and stock market trends suggest a potential continuation of the bull market, with historical patterns indicating positive returns in election years and following market rebounds. However, uncertainty remains a constant factor, with the potential for unforeseen events to impact the economy and markets.

via AOL|
##corporateearnings#economictrends
economy-and-finance2 years ago

"2024 Economic Outlook: Trends, Optimism, and Predictions Amidst Uncertainty"

As we head into 2024, key economic trends to watch include a cooling labor market with job openings nearing pre-pandemic levels, inflation rates stabilizing near the Federal Reserve's target, and the possibility of the Fed cutting interest rates. Consumer sentiment is on the rise, potentially signaling continued economic growth and a "Goldilocks" scenario. Corporate profit margins remain high, and while interest expenses have not significantly increased, the impact of new borrowing is worth monitoring. Analysts predict a rise in S&P 500 earnings, and stock market trends suggest a potential continuation of the bull market, influenced by historical patterns and election year dynamics. However, Wall Street strategists may revise their targets based on market performance, and as always, unforeseen events could impact economic outcomes.

via Yahoo Finance|
##corporateearnings#economictrends