TSLA - The 2 Stocks to Watch This Week
2023-10-16 11:53:00 ET
Wall Street has been on edge lately. Investors aren't quite sure whether inflation is now under control, and even though the rate of price increases has slowed, the amount consumers have to pay for the things they want is still a lot higher than it was just a couple of years ago. Moreover, inflation rates haven't yet fallen toward the 2% target that the Federal Reserve has set. Uncertainty about the future has made stock price movements more volatile.
In that context, it becomes crucial to look at individual companies and their financial performance to get a read on how the broader economy is doing. This week, both electric automaker pioneer Tesla (NASDAQ: TSLA) and streaming video leader Netflix (NASDAQ: NFLX) are set to announce their latest results, and investors will be watching to see how the two behemoths do. Here's a look at what to expect.
Tesla is set to report its third-quarter financial results after the close of regular trading on Wednesday afternoon. The automaker has had to deal with some challenges recently, but investors still have high hopes that the long-term prospects for Tesla remain favorable .
For further details see:
The 2 Stocks to Watch This Week