Stock-market investors brace for busiest week of earnings season Here' s how it stacks up so far Article_Normal - Article_Normal HEAD TOPICS
Stock-market investors brace for busiest week of earnings season Here' s how it stacks up so far
10/22/2022 1:17:00 AM Stock-market investors brace for busiest week of earnings season Here s how it stacks up so far
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Stock-market investors brace for busiest week of earnings season Here s how it stacks up so far Stocks ended the first full week of earnings season on a strong note Friday. It gets more hectic next week, with 165 S&P 500 companies due to report results. Stocks ended the first full week of the earnings season on a strong note Friday, pushing the Dow Jones Industrial Average DJIA, S&P 500 SPX and Nasdaq Composite COMP to their strongest weekly gains since June. It gets more hectic in the week ahead, with 165 S&P 500 companies, including 12 Dow components, due to report results, according to FactSet, making it the busiest week of the season. The... So far, so good?Stocks ended the first full week of the earnings season on a strong note Friday, pushing the Dow Jones Industrial Average DJIA , S&P 500 SPX and Nasdaq Composite COMP to their strongest weekly gains since June. It gets more hectic in the week ahead, with 165 S&P 500 companies, including 12 Dow components, due to report results, according to FactSet, making it the busiest week of the season. Read more:
MarketWatch » US Stocks More Volatile Than Bitcoin for First Time Since July 2021 Phillies call on postseason homer hero Matt Stairs to throw out first pitch Friday Black Friday tablet deals 2022: iPad, Samsung Galaxy, Fire HD, and more Stocks making the biggest moves after hours: Snap, CSX, Whirlpool and more Starbucks is helping to cover the cost of fertility treatment for part-time employees
Thousands of women are picking up part-time jobs at Starbucks to expand their families. Here's how the coffee giant is changing the lives of struggling couples. Read more >> US Stocks More Volatile Than Bitcoin for First Time Since July 2021Bitcoin trading flat Thursday, with little movement over the last 24 hours. Stocks have become more volatile than bitcoin for the first time since July 2021. Bitcoin's 30-day volatility has dipped below that of the S&P 500. 'All About Bitcoin' host Christine Lee breaks down the Chart of the Day. cryptocom It is coz now slowly slowly token crypto is going to be proven as ponzi scheme crypto btc bitcoin cryptocom Things will look up, whales Phillies call on postseason homer hero Matt Stairs to throw out first pitch FridayThe former slugger hit one of the most memorable home runs in franchise history in Game 4 of the 2008 NLCS. “Into the Night!” Black Friday tablet deals 2022: iPad, Samsung Galaxy, Fire HD, and moreThe Black Friday shopping event is here, and brings some great deals. Here's what you need to know about Black Friday tablet deals for 2022. Stocks making the biggest moves after hours: Snap, CSX, Whirlpool and moreThese are the stocks posting the largest moves in after hours trading. Orionid meteor shower expected to peak Friday morningThe Orionids, which send streaks of light across the dark skies, are best seen by getting away from city and street lights, according to NASA. What are these steaks of light called, I wonder? So far, so good? Stocks ended the first full week of the earnings season on a strong note Friday, pushing the Dow Jones Industrial Average DJIA, S&P 500 SPX and Nasdaq Composite COMP to their strongest weekly gains since June.Bitcoin trading flat Thursday, with little movement over the last 24 hours.Published 40 minutes ago Seeking more positive postseason mojo, the Phillies will call upon the author of one of the most dramatic home runs in National League Championship Series history to throw the ceremonial first pitch Friday night.Available from Amazon, BGR may receive a commission When is Black Friday? This year, Black Friday takes place on November 25, so it’s coming up quick. It gets more hectic in the week ahead, with 165 S&P 500 companies, including 12 Dow components, due to report results, according to FactSet, making it the busiest week of the season. The. Bitcoin's 30-day volatility has dipped below that of the S&P 500.. » READ MORE: How Dave Dombrowski turned the Phillies’ stalled rebuild into World Series contention It’s the continuation of a theme so far in the postseason.. Oct 20, 2022. So far, so good? Stocks ended the first full week of the earnings season on a strong note Friday, pushing the Dow Jones Industrial Average DJIA , S&P 500 SPX and Nasdaq Composite COMP to their strongest weekly gains since June. That’s why we’ll only include deals below on tablets that we think are actually worth considering buying. It gets more hectic in the week ahead, with 165 S&P 500 companies, including 12 Dow components, due to report results, according to FactSet, making it the busiest week of the season. Stairs, 54, was acquired from the Toronto Blue Jays in an August 2008 waiver trade. The bar for earnings was set high last year as the global economy reopened from its pandemic-induced state. “Fast forward to this year, and earnings are facing tougher comparisons on a year-over-year basis. Add in the elevated risk of a recession, still hot inflation, and an aggressive Fed tightening cycle, and it is of little surprise that the sentiment surrounding the current 3Q22 earnings season is cautious,” said Larry Adam, chief investment officer for the private client group at Raymond James, in a Friday note. The eighth-inning homer provided the winning margin in a 7-5 victory. “We have reason to believe the 3Q22 earnings season will be better than feared and could become a positive catalyst for equities just as the 2Q22 results were,” he wrote. Black Friday vs Cyber Monday tablet deals It can be hard to know which will be better — Black Friday or Cyber Monday tablet deals? Ultimately, both days will likely offer excellent deals. Read: Stocks are attempting a bounce as earnings season begins. Here’s what it will take for the gains to stick. Like Stairs, Schwarber has a compact left-handed stroke and prodigious power. Better-than-feared earnings were credited with helping to fuel a stock-market rally from late June to early August, with equities bouncing back sharply from what were then 2020 lows before succumbing to fresh rounds of selling that, by the end of September, took the S&P 500 to its lowest close since November 2020. While earnings weren’t the only factor in the past week’s gains, they probably didn’t hurt. The number of S&P 500 companies reporting positive earnings surprises and the magnitude of these earnings surprises increased over the past week, noted John Butters, senior earnings analyst at FactSet, in a Friday note. There’s no guarantee that Cyber Monday deals will match it, and we won’t know until after the event. Even with that improvement, however, earnings beats are still running below long-term averages. Through Friday, 20% of the companies in the S&P 500 had reported third-quarter results. Of these companies, 72% reported actual earnings per share, or EPS, above estimates, which is below the 5-year average of 77% and below the 10-year average of 73%, Butters said. In aggregate, companies are reporting earnings that are 2.3% above estimates, which is below the 5-year average of 8. Ultimately, the deals will likely be similar across all the major retailers. 7% and below the 10-year average of 6.5%. Meanwhile, the blended-earnings growth rate, which combines actual results for companies that have reported with estimated results for companies that have yet to report, rose to 1.5% compared with 1.3% at the end of last week, but it was still below the estimated earnings growth rate at the end of the quarter at 2. The iPad Mini came at $449, which is also $100 off its normal price. 8%, he said. And both the number and magnitude of positive earnings surprises are below their 5-year and 10-year averages. On a year-over-year basis, the S&P 500 is reporting its lowest earnings growth since the third quarter of 2020, according to Butters. The blended-revenue growth rate for the third quarter was 8.5%, compared with a revenue growth rate of 8. Our deals and product reviews are picked by BGR's expert editors and team. 4% last week and a revenue growth rate of 8.7% at the end of the third quarter. Next week’s lineup accounts for over 30% of the S&P 500’s market capitalization, Adam said. And with the tech sector accounting for around 20% of the index’s earnings, reports from Visa Inc. V , Google parent Alphabet Inc. GOOG GOOGL , Microsoft Corp. MSFT , Amazon.com Inc. AMZN and Apple Inc. AAPL will be closely watched. Away from the backward-looking numbers, guidance from executives on the path ahead will be crucial against a backdrop of recession fears, Adam wrote, noting that so far guidance has remained resilient, with the net percentage of companies raising rather than lowering their outlook remaining positive. “For example, the ‘Summer of Revenge Travel’ was known to benefit the airlines, but commentary from United UAL , American AAL and Delta Airlines DAL suggests demand remains strong for the months ahead and into 2023. Ultimately, the broader based and better the forward guidance, the higher the confidence in our $215 S&P 500 earnings target for 2023,” Adam said. The soaring U.S. dollar DXY , which remains not far off a two-decade high set at the end of last month, also remains a concern. See: How the strong dollar can affect your financial health “While the degree of the impact depends on the blend of costs versus sales overseas and how much of the currency risk is hedged, a stronger dollar typically impairs earnings,” Adam wrote. .