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Tesla, Netflix profit, GameStop stock split, sales of existing homes for the week ahead

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Investors are expecting a slew of major corporate reports this week, as well as fresh housing and manufacturing data.

A better-than-expected retail sales report helped utilities rally on Friday, with the Dow Jones Industrial Average up 2.1%, the S&P up 1.9% and the Nasdaq Composite jumping 1.8%. Despite the rally, all three benchmarks fell for the week after consumer and producer prices climbed to new highs.

Ticker Safety Last Change Change %
Me: DJI DOW JONES AVERAGES 31288.26 +658.09 +2.15%
SP500 S&P 500 3863.16 +72.78 +1.92%
Me: COMP COMPOSITE INDEX NASDAQ 11452.421129 +201.24 +1.79%

FOX Business is reviewing upcoming events that likely to shift financial markets In the next few days.

COPPER PRICES FALL WARNING NEW RECESSION WARNING

Monday 7/18

The week will start with profits from Bank of America, Charles Schwab, Goldman Sachs, Prologis and Synchrony Financial before the market opens. IBM will take over the earnings report after the call.

Ticker Safety Last Change Change %
TANK BANK AMERICA CORP. 32.29 +2.38 +7.96%
SCHW CHARLES SCHWAB CORP. 62.18 +1.61 +2.66%
GS GOLDMAN SAX GROUP, INC. 293.69 +9.89 +3.48%
PLD PROLOGIS INC. 121.01 +2.88 +2.44%
CIF SYNCHRONY FINANCIAL 31.39 +1.41 +4.70%
IBM INTERNATIONAL BUSINESS MACHINES CORP. 139.92 +0.86 +0.62%

In terms of economic data, investors’ attention will be focused on the NAHB Housing Market Index.

Ticker Safety Last Change Change %
bachelor Boeing CO. 147.74 +0.59 +0.40%

Also on Tuesday, Boeing will showcase its latest versions of the 737 Max and 777X at the Farnborough International Air Show.

Tuesday 7/19

On Tuesday, Ally Financial, Citizens Financial Group, Halliburton, Hasbro, Johnson & Johnson, Lockheed Martin and ManpowerGroup will release quarterly earnings reports ahead of the market opening.

Ticker Safety Last Change Change %
ALLY ELLY FINANCIAL INC. 34.43 +1.29 +3.89%
CFG CITIZENS FINANCIAL GROUP INC. (RHODE ISLAND) 36.80 +1.87 +5.35%
HAL HALLIBURTON CO. 27.86 +0.52 +1.90%
IT HAS HASBRO INC. 79.21 -0.18 -0.23%
JNJ JOHNSON AND JOHNSON 178.23 +2.55 +1.45%
LMT LOCKHEED MARTIN CORP. 398.38 -1.93 -0.48%
HUMAN MANPOWERGROUP INC. 76.48 +1.09 +1.45%

Stocks to watch for earnings after Tuesday’s bell include Cal-Maine, Interactive Brokers, JB Hunt Transport and Netflix.

Ticker Safety Last Change Change %
CALM CAL-MAINE FOODS INC. 53.03 -0.14 -0.26%
IBKR INTERACTIVE BROKERS GROUP INC. 54.81 +1.42 +2.66%
JBHT JB HUNT TRANSPORT SERVICES INC. 167.58 +2.03 +1.23%
NFLKS NETFLIX INC. 189.11 +14.33 +8.20%

With regard to economic data, investors will receive permits for the construction and commissioning of housing.

Tuesday also kicks off the two-day Goldman Sachs Small Business Summit, which will bring together more than 2,500 small business owners from across the country.

Speakers on Tuesday will include former New York Mayor and Bloomberg LP co-founder and CEO Michael Bloomberg, Berkshire Hathaway chairman and CEO Warren Buffett, Goop CEO and founder Gwyneth Paltrow, and Senators Ben Cardin, Kristen Cinema, Tim Scott and Marco Rubio. .

CITI FORECASTS HISTORIC 100 BPO P RATE HIGH AFTER INFLATION SHOCK

Wednesday 7/20

Wednesday earnings include Abbott Labs, Biogen, M&T Bank and Nasdaq Inc. before the market opens.

Ticker Safety Last Change Change %
ABT ABBOTT LABORATORIES 108.82 +3.11 +2.94%
BIIB BIOGEN INC. 217.01 +2.74 +1.28%
MTB M&T BANK CORP. 156.21 +5.64 +3.75%
NDAK NASDAQ INC. 157.07 +3.55 +2.31%

Meanwhile, Alcoa, CSX, Equifax and Tesla will release quarterly earnings reports after the call.

Ticker Safety Last Change Change %
AA ALCOA CORP. 43.06 +2.25 +5.51%
COAG CSX Corp. 28.86 +0.68 +2.41%
EPC Equifax Inc. 192.42 +3.00 +1.58%
TSLA Tesla Inc. 720.20 +5.26 +0.74%

Wednesday’s economic data will include current home sales, weekly mortgage applications and the Energy Information Administration’s weekly crude oil inventories.

Ticker Safety Last Change Change %
SWBI SMITH & WESSON BRANDS 13.15 +0.15 +1.15%
RGR STURM RUGER & CO. INC. 62.85 +0.37 +0.59%

On Capitol Hill, executives from Daniel Defense, Smith and Wesson and Strum Ruger were invited to testify before the House Oversight Committee at a hearing on gun violence. The House Subcommittee on Workforce Protection will also hold a hearing to assess the impact of the H2 visa program on workers.

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Thursday 21 July

Thursday will be the busiest day for earnings, with American Airlines, AT&T, AutoNation, Blackstone, DR Horton, Danaher, Domino’s Pizza and United Airlines among the companies to report before the market opened.

Ticker Safety Last Change Change %
AAL AMERICAN AIRLINES GROUP INC. 14.47 +0.22 +1.54%
T AT&T INC. 20.57 +0.24 +1.18%
AN AVTONAT, OOO 114.46 +2.83 +2.54%
BH BLACK STONE 93.00 +3.37 +3.76%
DHI DR HORTON INC. 73.46 +0.82 +1.13%
DHR DANAHER CORP. 255.69 +7.64 +3.08%
DPZ DOMINO’S PIZZA INC. 406.60 +7.45 +1.87%
UAL UNITED AIRLINES HOLDINGS INC. 38.78 +0.93 +2.46%

Companies that will profit after the call will include Boston Beer, Capital One Financial, Mattel, Snap, and Tenet Healthcare.

Ticker Safety Last Change Change %
SAM BOSTON BEER CO. INC. 321.93 +1.75 +0.55%
KOF CAPITAL ONE FINANCIAL CORP. 108.79 +5.36 +5.18%
MAT MATTEL INC. 21.63 -0.07 -0.32%
CLICK Snap Inc. 13.65 +0.48 +3.64%
TGK TENET HEALTH COR. 55.55 +2.12 +3.97%

Investors will also look at the Conference Board Leading Economics Index, the Philadelphia Federal Reserve Manufacturing Index and the latest data on ongoing and initial jobless claims. The Central Bank of Europe will also publish its decision on interest rates.

Friday 22.07

Rounding out the week are earnings reports for American Express, Cleveland-Cliffs, HCA Healthcare, NextEra Energy, Regions Financial, Roper Technologies, Schlumberger and Verizon before the market opens.

Ticker Safety Last Change Change %
AXP AMERICAN EXPRESS CO. 142.48 +6.00 +4.40%
KLF CLEVELAND SCLIFS INC. 14.99 +0.47 +3.24%
HCA HCA HEALTHCARE INC. 171.61 +4.12 +2.46%
nee NEXTERA ENERGY INC. 78.71 -1.42 -1.77%
RF REGION FINANCIAL CORP. 19.19 +0.95 +5.21%
ROP ROPER TECHNOLOGIES INC. 395.15 +7.01 +1.81%
SLB Schlumberger N.V. 32.30 +0.97 +3.10%
VZ VERIZON COMMUNICATIONS INC. 51.02 +0.53 +1.05%

GameStop’s stock will also trade for the first time since the video game retailer’s 4-for-1 split.

Ticker Safety Last Change Change %
GME GAMESTOP CORPORATION. 141.64 +5.44 +3.99%

Shareholders registered at the close of trading on July 18, 2022 will receive a dividend of three additional Class A GameStop common shares for each share they own. Dividends on shares will be distributed after the close of trading on July 21, 2022.

#Tesla #Netflix #profit #GameStop #stock #split #sales #existing #homes #week #ahead

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