Most of the big US companies have already reported results for the third quarter of 2021. Release schedule is no longer as abundant and intensive as in the previous weeks but there are still some noteworthy releases ahead, including this week.
3 members of the Dow Jones index will report this week - Home Depot, Walmart and Cisco Systems. Apart from those, investors will also be offered reports from several more companies with a market cap exceeding $100 billion. Report from Nvidia on Wednesday will be watched closely as it may offer a fresh look at the current woes in the semiconductor market. US retailers and department store chains - Walmart, Home Depot, Target, Macy's and Lowe's - will provide an update on the strength of the US consumer.
Top stock reports to watch this week. Source: Bloomberg, XTB
US OPEN: Bloody end to the quarter. Intel loses nearly 1/3 of its value, and the crypto market shakes off a hack on the largest exchange.
Market Wrap: Binance Hack Shakes Markets. European Equities Under Pressure
Intel has come face to face with reality. A Turnaround is still a long way off.
Amazon: Record-breaking operating margin outshined by capex growth