2024-07-07 17:03:00 ET
Summary
- Last consumer inflation figures before Fed meeting, corporate earnings to drive market momentum.
- Analysts forecast mega-cap AI firms to post 17% sales growth in 2Q year/year.
- Wells Fargo could rally to over $65, Delta and Pepsi earnings this week, Mirage Hotel & Casino and Tropicana closing on Las Vegas Strip.
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Major banks are the start of quarterly results . (0:17) Consumer inflation is expected to fall annually. (3:10) The big thing about Nvidia. (5:37)
The following is an abridged transcript:
This week brings the last consumer inflation figures before the Fed meets at the end of the month, but corporate earnings will like drive market momentum....
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Wall Street Brunch: Banks Usher In Earnings Season