Earnings Watch: EarningsWatch: Amazon, Alphabet and AMD form tech’s A list

In what is expected to be a busiest week of this quarter’s benefit season, highflying record companies will be assimilated by dual of a largest U.S. automobile manufacturers, a integrate of oil giants and dual of quick food’s biggest names.

Overall, More than one-third of companies in a Dow Jones Industrial Average

DJIA, -0.23%

 —12 of a 30 components—will news benefit this week, that could lead to a flighty week for a markets.

Here is what to expect:

Tech’s A list: Advanced Micro Devices Inc.

AMD, +2.10%

 kicks things off on Tuesday afternoon, partial of a rarely expected entertain for chip companies. As contributor Wallace Witkowski writes in his preview of AMD’s report, investors design large things from new products, and a batch tends to be flighty and rather indeterminate after earnings.

AMD’s incomparable chip rival, Intel Corp.

INTC, +0.99%

skeleton to recover benefit on Thursday afternoon, though those formula could be overshadowed by reports from dual of a biggest names in tech: Amazon.com Inc.

AMZN, -1.69%

 and Google primogenitor Alphabet Inc.

GOOGL, -1.94%

GOOG, -2.00%

 Analysts are generally meddlesome to see how a merger of Whole Foods Market Inc. will impact Amazon’s income and margins.

More on tech earnings: The iPhone X and other new gadgets that will matter this holiday season

Overall, Thursday will be a beast day for tech earnings, starting with Twitter Inc.’s

TWTR, -2.80%

 report before a trade event starts, an peculiar use for a West Coast association that a social-networking association began progressing this year. Microsoft Corp.

MSFT, +0.03%

 will join Amazon, Alphabet and Intel in stating benefit in a afternoon.

Ford and GM pushing in conflicting directions? General Motors Co.

GM, -1.01%

 will news benefit Tuesday morning amid confidence for a efforts in driverless cars and ride-sharing, while opposition Ford Motor Co.

F, -0.50%

 will news Thursday morning while still adjusting to life underneath new Chief Executive Jim Hackett. The dual automobile manufacturers have headed in conflicting directions this year: GM batch is adult about 30%, while Ford is a small underneath break-even for 2017 amid a 15% arise for a SP 500 index.

SPX, -0.40%


Cheap drinks, reward burgers and queso: McDonald’s Corp. will news forward of a bell Tuesday morning, and analysts design a pierce to $1 drinks and reward sandwiches to assistance a nation’s largest fast-food chain. Expectations are some-more pale for Chipotle Mexican Grill Inc.

CMG, -1.33%

mostly given of a skip of unrestrained for a burrito chain’s heavily advertised launch of queso.

Gilead drifting high after Kite acquisition: Gilead Sciences Inc.

GILD, -1.28%

 will news benefit Thursday afternoon for a initial time given similar to acquire Kite Pharma Inc. for about $11 billion. One of a biggest targets in that deal, Kite’s CAR-T cancer treatment, was authorized by a Food and Drug Administration progressing this month, so executives could plead their expectations for a therapy. Merck Co. Inc.

MRK, -0.75%

announced it will stop severe Gilead with hepatitis C drugs, and will hold a possess formula Friday morning, while another biopharmaceutical giant, Biogen Inc.

BIIB, -2.82%

will news Tuesday morning.

Oil companies finish out a week: The bustling week will hang adult Friday morning with dual U.S. oil giants, Exxon Mobil Corp.

XOM, +0.16%

 and Chevron Corp.

CVX, +0.24%

; they will be preceded Thursday morning by ConocoPhillips.

COP, +0.02%


For more, check out a full benefit calendar.

In box we missed it:

Earnings deteriorate truly kicked off final week, with Netflix Inc.

NFLX, -0.87%

 rising to record highs after Monday’s benefit report, that enclosed skeleton for a large burst in film prolongation that will need some-more debt.

Opinion: Is a subsequent pierce for highflying Netflix batch off a cliff?

International Business Machines Corp.

IBM, -1.55%

 enjoyed a second-largest cost benefit in a stock’s prolonged story after an benefit kick Tuesday afternoon that was fueled by IBM’s stability ability to record low effective taxation rates. General Electric Co.

GE, -6.34%

 experienced a rebound event Friday after a initial benefit skip in 2½ years, afterwards sunk to a lowest prices in some-more than 4 years Monday.

PayPal Holdings Inc.

PYPL, -1.65%

 rose to record highs after releasing benefit Thursday afternoon amid confidence for a Pay with Venmo service, while a former corporate parent, eBay Inc.

EBAY, -2.07%

suffered from a diseased foresee for a holiday selling season. American Express Co.

AXP, +0.31%

 shares forsaken somewhat notwithstanding an benefit kick as Chief Executive Kenneth Chenault announced his designed departure, and immature Australian program association Atlassian Corp.

TEAM, -2.33%

 topped a $10 billion marketplace top for a initial time after a benefit news Thursday afternoon and afterwards kept on going.

This entry was posted in Featured Articles and tagged . Bookmark the permalink.