The stock market is set to be closely watched this week as several major companies, including Tesla and Alphabet, are scheduled to report their quarterly earnings. Investors will be looking for indications on how tariffs and economic uncertainty could affect these companies.
Tesla’s reported weaker-than-expected first-quarter deliveries earlier this month has raised concerns about the company’s ability to navigate a volatile market. The electric vehicle maker’s stock has lost more than a third of its value so far this year amid wild volatility related to tariffs and CEO Elon Musk’s political activity.
Alphabet, Google’s parent company, is also scheduled to report on Thursday. Analysts will be watching for signs of how the company is managing its spending on artificial intelligence, including a recent $75 billion announcement.
Intel’s scheduled report will put focus on the US chipmaking industry and its role in tariff policy. The struggling tech company has made moves under its new CEO to tighten its focus amid reports that it is in partnership talks with industry peers.
The Federal Reserve is also set to announce several key speakers this week, including Christopher Waller, Neel Kashkari, Patrick Harker, and Beth Hammack. Investors will be watching for their comments on inflation and the impact of tariffs on the economy.
As investors seek clues about the health of the AI trade, they will also be looking at consumer sentiment data, new home sales data, and durable goods orders. The latest reading of the Michigan Consumer Sentiment Index is scheduled to be released on Friday, while new home sales data will be released on Wednesday.
The week’s earnings reports are seen as a key test for investors who want to gauge the impact of tariffs and economic uncertainty on major companies. With many “Magnificent Seven” stalwarts set to report, including Tesla, Alphabet, Boeing, Intel, GE Aerospace, Verizon Communications, Capital One, Lockheed Martin, Intuitive Surgical, Philip Morris International, IBM, AT&T, T-Mobile, Comcast, Charter Communications, Merck, HCA Healthcare, and Procter & Gamble, the focus is on how these companies will navigate the challenging market environment.
Source: https://www.investopedia.com/what-to-expect-in-the-markets-this-week-11717208