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Earnings Week Ahead: WMT, BABA, HD, TGT, and More
Global Market Outlook for Next Week: Federal Reserve Meeting Minutes to Be Released; Chinese ADRs Including Alibaba and Baidu to Report Earnings
① Next Wednesday, the Federal Reserve will release the minutes of the FOMC policy meeting, during which it held rates steady for the fifth consecutive time at its July 29 meeting; ② Looking ahead to next week, earnings from retail giants such as Home Depot, Lowe's Companies, and Target warrant attention, while popular Chinese ADRs including Alibaba and Baidu are also set to report their financial results.
Notable Trades: Netflix, Coca-Cola, Pfizer Among Notable Names
Earnings Scoreboard: 9 of 10 Key S&P 500 Reporting Firms Top EPS Estimates and Deliver Y/Y Growth
Earnings Volatility Watch: Wolfspeed and 9 Other Stocks Could Swing Up to 17% This Week
AI infrastructure names broadly cleared the earnings bar last week, with CoreWeave Inc. (NASDAQ:CRWV) and Coherent Corp. (NYSE:COHR) among those that passed the test. Now Wall Street turns to the
Anthropic's second-quarter revenue surpassed $11.5 billion, surging more than 14-fold year-on-year.
According to a document, Anthropic PBC, the developer of the AI chatbot Claude, has disclosed to potential investors that its second-quarter revenue increased by at least 14 times year-on-year.