While US-Iran developments might still be the biggest risk to market sentiment, it isn’t the only game in town this week.
While US-Iran developments might still be the biggest risk to market sentiment, it isn’t the only game in town this week. As we look to round off April trading, key earnings releases are also part of the picture alongside potential month-end shenanigans .
On the former, it is going to be a massive day up ahead in Wall Street. That as we see some very big names lined up on the agenda. In particular, four of the ‘Magnificent Seven’ will be reporting today after the close.
Alphabet, Amazon, Meta, and Microsoft are all slated to deliver their latest earnings snapshot before Apple rounds things off tomorrow. Investors will be heavily watching and scrutinising to see if the billions in capital expenditure poured into AI will translate into more meaningful revenue growth. If not, there might be a negative response especially if capex guidance is revised higher for the quarter ahead while revenue numbers stall.