Earnings

NVDA has “beat” analyst estimates for earnings in seven of the last eight quarters by an overall average of 15%, rising an average of more than 9% in response to those results - what should we expect this time?

This week, we look at earnings from Netflix, Goldman Sachs, and ASML.

This week, we look at Broadcom and Dollar Tree ahead of earnings and Berkeley Group ahead of a trading update.

Earnings from Nvidia and Salesforce are scheduled for the coming week.

Following the big tech-fuelled rally on Wall Street, the major US indices fell back, with the Nasdaq 100 being down about 2.5% at the time of writing. We had a number of weaker-than-expected US economic reports, in particular the ISM services PMI, while mixed technology earnings results and a more hawkish Federal Reserve and Bank of England policy decisions (and not forgetting the Bank of Japan), all weighed on risk appetite.

After an underwhelming start to earnings from the magnificent 7, Microsoft, Meta, Apple, and Amazon will release earnings this week.

U.S. stocks are to open sharply lower after Tesla and Alphabet's earnings underwhelmed. Tesla's net income almost halved to $1.47bn vs. the $1.9 bn forecast. Alphabet beat on earnings and revenue, but YouTube ad revenue missed forecasts. The selloff in Alphabet highlights how high the bar has been set.

U.S. stocks are rising, adding to yesterday's gains as US elections remain in focus and earnings season ramps up. Kamala Harris appears to get the backing of the Democrats. Attention is also on Tesla and Alphabet ahead of their earnings release after the close. Tesla traded up 25% in July, and Alphabet is up 30% this year, so expectations are high.

The Dow Jones, S&P 500, and Nasdaq 100 all recaptured key technical levels, carrying a bullish bias to the coming week.

Earnings drove volatility last week and continue to roll in this week. Attention will be on Amazon, Apple and HSBC. Here we look at what to expect.

The DJIA, S&P 500, and Nasdaq 100 all look vulnerable to more downside as long as this week’s highs hold.

Stocks are pointing to a modestly higher start as earnings continue to roll in. However, gains could be limited after stronger-than-expected US durable goods orders revived concerns over the Fed keeping rates high for longer. Tesla is set to open 12% higher despite missing both earnings and revenue estimates. The market was more impressed by the news of an acceleration in the production of affordable EV models. Meta will report after the close.

US indices point to a stronger start as corporate earnings continue to roll in. Earnings are providing a welcomed distraction after worries over the Fed keeping rates high for longer hurt sentiment last week. US PMI data is due shortly and is expected to show business activity grew at a faster pace. Tesla is due to report after the close after the EV maker's deliveries fell in Q1 and as the share price trades down 40% this year.

S&P 500 and the FTSE fell last week after the market pushed back Fed rate cut expectations and as geopolitical tensions hurt risk sentiment. Look ahead; US core PCE will be a key focus next week, as well as earning season with Tesla earnings and UK bank's earnings.

S&P analysis: As markets have started Q2 poorly, amid interest rate uncertainty and raised geopolitical risks, investors are relying on earnings to provide boost, starting with Netflix today. S&P 500 technical analysis suggests more losses could be on the way, with 5,000 on the bears' radars.

The Nasdaq 100 is finally showing signs of breaking down from its 2-month sideways range between about 17,800 and 18,400 ahead of the Magnificent Seven stocks' earnings reports.

US indices are seeing diverging performance, with the DJIA looking relatively weak and the Nasdaq 100 uptrend remaining healthy.