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Goldman Sachs ($GS) is set to report earnings on Monday before the market opens. Analysts estimate $12.72B in revenue (+16.75% YoY) and $8.83 in earnings per share (+186.69% YoY). The upcoming week is expected to be busy with various economic events, including Fed Chair Powell's speech, retail sales data, housing starts, industrial production, and more. Earnings season is ramping up with companies like Netflix ($NFLX), TSMC ($TSM), and others in focus for their upcoming reports.
Key Events This Week: 1. Fed Chair Powell Speaks - Monday 2. June Retail Sales data - Tuesday 3. June Building Permits data - Wednesday 4. Philly Fed Manufacturing data - Thursday 5. Total of 11 Fed speaker events this week 6. Large banks report Q2 2024 earnings All eyes…
Wednesday Economic data: Housing starts, June (+1.8% expected, -5.5% previously); Building permits, June (-0.6% expected, -3.8% previously); Industrial production, June (+0.4% expected, +0.9% previously); Federal Reserve Beige Book Earnings: Johnson & Johnson ( $JNJ), United…
Tuesday Economic data: Retail sales, June (-0.2% expected, +0.1% previously); Import price index, June (-0.1% expected, -0.4% previously); Export price index, June (-0.1% expected, -0.6% previously); NAHB homebuilder sentiment, July (43 expected, 43 previously) Earnings: Bank…