Market Watch: A Busy Week Ahead for Investors
This week, investors will be keeping a close eye on the Federal Reserve’s interest rate decision and comments from Chair Jerome Powell. The Fed’s meeting on Wednesday will be followed by a press conference, where Powell is expected to provide insight into the future of interest rates under the new presidential administration.
Earnings Galore
Several high-profile companies are scheduled to release their quarterly financial updates this week, including Magnificent 7 members Microsoft, Meta Platforms, Tesla, and Apple. Other notable companies reporting earnings include AT&T, Intel, Caterpillar, Comcast, Visa, and ExxonMobil.
Economic Data Releases
In addition to the Fed’s interest rate decision, investors will also be watching for new data releases on PCE inflation and U.S. GDP. The fourth-quarter and full-year GDP measurement for the U.S. economy is scheduled to be released on Thursday, with estimates suggesting a 3% growth rate. The Personal Consumption Expenditures price index, set to be released on Friday, will provide insight into inflation levels in December.
Tech Sector in Focus
Tech giants Microsoft, Meta Platforms, and Tesla are scheduled to report earnings on Wednesday, while Apple will release its financials on Thursday. The reports come amid significant developments in the tech sector, including Microsoft’s involvement in a $500 billion AI initiative and Meta’s increased investment in emerging tech like AI.
Energy and Finance Sectors
Oil producers ExxonMobil, Chevron, and Shell are scheduled to release quarterly financials, with optimism surrounding energy policy under the new administration. Expected reports from AT&T, T-Mobile, and Comcast will provide insight into the health of the telecommunications sector, while earnings from Visa, Mastercard, and SoFi will give market watchers a look at consumer debt levels.
Manufacturing and More
General Motors is scheduled to issue its quarterly financials on Tuesday, following an analyst upgrade based on recent moves like shuttering its Cruise robotaxi program. Boeing, RTX, and Lockheed Martin are also slated to release reports this week, providing insight into the manufacturing sector.
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