HHC - Wall Street Breakfast: The Week Ahead

Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify. Economic reports in the week ahead The earnings season starts off with major banks reporting next week along with PepsiCo (NASDAQ:PEP) and Delta Air Lines. Analysts expect profits for the first quarter to be up 24.2%, led by huge gains in the consumer discretionary sector against the pandemic comparable a year ago. Last quarter, about 80% of companies beat earnings estimates in Q4, but only 42% saw a share price increase on earnings day. The week ahead will be busy on the economic front as well, with the Fed's Beige Book, the Empire State Manufacturing Index report, industrial production data and the retail sales report all due in. Meanwhile, the IPO market heats up with self-driving truck startup TuSimple (TSP) and digital banking platform Alkami Technology

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Wall Street Breakfast: The Week Ahead