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⚠️Q3 2024 EARNINGS SEASON IS KICKING OFF IN THE US⚠️ On Friday, a couple of large US banks are scheduled to report their quarterly earnings for Q3. JPMorgan, $JPM, and Wells Fargo, $WFC, will be particularly interesting. Brace for a volatile month in the markets. https://t.co/e0QENiBZTZ
📉📊 S&P 500’s $8 Trillion Rally Faces Key Test as Earnings Season Begins Amid Economic Uncertainty and Fed Watch Tickers of interest: $SPX $SPY $VIX Full Story → https://t.co/rmetDBu3DT https://t.co/htkwPTHabz
#Earnings season takes off this week If it seems like the second-quarter earnings season is taking forever, the third-quarter reports will start to come out in a big way. Beverage-and-snack giant Pepsico ( $PEP) reports its results Tuesday morning. The street estimate is… https://t.co/fpvn6lVa5S
Investors are closely watching the upcoming Q3 2024 earnings season, which kicks off next week, to see if corporate results can justify the current high valuations in the U.S. stock market. The market is near record highs, and bullish investors hope the earnings reports will be crucial in determining whether these valuations are sustainable. Nine S&P 500 companies are set to report their earnings, with beverage-and-snack giant PepsiCo scheduled to release its results on Tuesday. Additionally, major banks like JPMorgan and Wells Fargo are expected to report their quarterly earnings on Friday. The $8 trillion rally in the S&P 500 faces a key test amid economic uncertainty and Fed Watch.
