PLTR - The Final Peak Week Of The Q1 Season Begins Just As Earnings Hit Their Stride
2024-05-06 16:16:00 ET
Summary
- Q1 earnings continue to come in better-than-expected, pushing the overall S&P 500® EPS growth to 5.0%.
- Outlier earnings dates for the week ahead: Loews Corp, Williams Companies Inc, Vertex Pharmaceuticals, Assurant Inc, Arista Networks, Rockwell Automation, Jack Henry & Associates, MarketAxess Holdings and NiSource Inc.
- Popular names to watch include Palantir on Monday, Walt Disney and Lyft on Tuesday, and Arm, Uber, and Airbnb on Wednesday.
First quarter earnings continued to come in better-than-expected last week , but it was the latest Federal Open Markets Committee (FOMC) meeting which led to a pop in markets in the second half of the week. Federal Reserve Chairman Jerome Powell ruled out a rate hike at the next meeting, downplayed stagflation concerns and announced the central bank would slow the pace of balance sheet reductions, a move widely seen as a slight easing of monetary policy. 1 ...
The Final Peak Week Of The Q1 Season Begins Just As Earnings Hit Their Stride