Wall Street earnings season for Q3 2023 is gathering pace and we are entering one of the most interesting weeks in terms of reports scheduled. Investors will be offered earnings reports for top US tech companies, including many mega-caps. Apart from that, a total of 12 Dow Jones index members, accounting for over 30% of index weight, will report results over the next couple of days. Apart from those, US defense companies - RTX Corp (RTX.US) and Northrop Grumman (NOC.US) - as well as US oil companies - ExxonMobil (XOM.US) and Phillips 66 (PSX.US) - are also scheduled to report this week.
Key releases from US tech sector:
- Alphabet (GOOGL.US)
- Microsoft (MSFT.US)
- IBM (IBM.US)
- Meta Platforms (META.US)
- Amazon (AMZN.US)
- Intel (INTC.US)
12 companies from the Dow Jones index (31.4% of total index weight):
- 3M (MMM.US)
- Coca-Cola (KO.US)
- Dow (DOW.US)
- Microsoft (MSFT.US)
- Verizon Communications (VZ.US)
- Visa (V.US)
- IBM (IBM.US)
- Boeing (BA.US)
- Honeywell International (HON.US)
- Intel (INTC.US)
- Merck & Co (MRK.US)
- Chevron (CVX.US)
Top Wall Street earnings reports this week. Source: Bloomberg Finance LP, XTB Research
Rheinmetall earninigs: Weak sales overshadow strong prospects
ARM Holdings Moves Closer to the Center of the AI Revolution. Strong Results Are No Longer Enough for the Market
Market wrap 🚨Oil slips below $100 supporting optimism across European and US stocks
NOK surges following Norges Bank's rate hike
The material on this page does not constitute as financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other particular needs.
All the information provided, including opinions, market research, mathematical results and technical analyses published on the website or transmitted to you by other means is provided for information purposes only and should in no event be interpreted as an offer of, or solicitation for, a transaction in any financial instrument, nor should the information provided be construed as advice of legal or fiscal nature.
Any investment decisions you make shall be based exclusively on your level of understanding, investment objectives, financial situation or any other particular needs. Any decision to act on information published on the website or transmitted to you by other means is entirely at your own risk. You are solely responsible for such decisions.
If you are in doubt or are not sure that you understand a particular product, instrument, service, or transaction, you should seek professional or legal advice before trading.
Investing in OTC Derivatives carries a high degree of risk, as they are leveraged based products and often small movements in the market could lead to much larger movements in the value of your investment and this could work against you or for you. Please ensure that you fully understand the risks involved, taking into account your investments objectives and level of experience, before trading, and if necessary, seek independent advice.
