Reports from US mega-tech companies were key points in last week's earnings calendar and disappointing results presented by those companies exerted pressure on their shares and tech indices, like Nasdaq-100 (US100). This week will not see releases of reports from any mega-cap stocks but is packed with reports from a number of top-tier companies from various industries. Table below presents key releases scheduled for the next four days. Thursday looks to be the most intense but key reports will be released on each day of the week. Nevertheless, traders should keep in mind that main drivers for stock markets this week will likely be rate decision from Fed (Wednesday, 6:00 pm GMT) and Bank of England (Thursday, 12:00 pm GMT) as well as the US NFP report for October (Friday, 12:30 pm GMT).
Top US stock reports to watch this week. Source: Bloomberg, XTB Research
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.
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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