As the week draws to a close at Yahoo Finance, anchors Julie Hyman and Madison Mills preview the key events to watch in the upcoming week.
Earnings results will be in focus. Tuesday sees a number of big names reporting, such as Tesla (TSLA), PepsiCo (PEP), and General Electric (GE).
On Wednesday, Boeing (BA) will unveil its first quarter earnings, an eagerly anticipated report as the company continues to navigate significant headwinds and operational challenges.
There are also earnings from Big Tech companies Meta (META), Alphabet (GOOGL, GOOG), and Microsoft (MSFT).
Friday energy giants Chevron (CVX) and ExxonMobil (XOM) are scheduled to release their earnings reports, providing insights into the health and dynamics of the oil market.
Last, the Personal Consumption Expenditures Price Index, the Federal Reserve’s preferred inflation gauge, will be released on Friday. It’s a crucial metric for the central bank’s future monetary policy decisions.
For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime.
This post was written by Angel Smith
Video Transcript
JULIE HYMAN: It is time now for what to watch next week. Markets await a crowded week of earnings. We’ve been talking a little about it on Tuesday. Tesla’s stock to face another test as it reports first quarter results after the market closed. Following a rough run so far this year, weary Tesla investors will be listening closely to Elon Musk’s comments on the future, including the robo taxi. Earnings are also slated on Tuesday, including General Motors, PepsiCo, General Electric, and UPS.
– And on Wednesday, Boeing is set to report first quarter results. Investors are going to examine the embattled aerospace company on its path forward as it continues to face a stream of troubles there after the market closed. Meta then reporting earnings with AI at top of mind as companies push to monetize that technology. Alphabet and Microsoft also providing investors with their latest AI visions wrapping up the week for those big tech results.
JULIE HYMAN: And then on Friday, a pulse on the oil market as Chevron and ExxonMobil are set to post their first quarter results.
– Meanwhile on the economic front, the Fed’s preferred inflation gauge is due out on Friday morning. Always exciting when we get that data coming out, Julie. I’ll definitely be setting my alarm clock for that morning. I’m sure we’ll have an early show as well so that’ll be fun.
JULIE HYMAN: Sure that we will.