Top stock reports to watch this week (24.10.2022)

The US earnings season is in full swing and the week has begun that is seen by many as the most important during the whole earnings marathon. This is because of big name companies that will be reporting. While there will be a number of top-tier US earnings releases over the coming days, attention will be focused mostly on 5 US mega-techs. Those are reports from Alphabet and Microsoft (Tuesday), Meta Platforms (Wednesday) as well as Amazon and Apple (Thursday). However, other companies on the schedule are noteworthy as well as they may shed some light on how US industry is coping with current macroeconomic uncertainty. Financials from General Motors, Boeing and Caterpillar may provide key insight in this matter. Report from UPS on Tuesday will show the shape of the logistics business while Visa may give a hint on consumer spending. Energy sector traders will tune in on Friday for reports from 2 US oil companies - Chevron and ExxonMobil.

Top US earnings reports to watch this week. Source: Bloomberg, XTB

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