Major Tech and Pharma Earnings, Inflation Data: A Busy Week Ahead for the Markets

Silicon Valley, California, USA United States of America
Federal Reserve's preferred inflation gauge (PCE) to be released on Friday with expectations of slight increase in overall PCE and core PCE
Tesla, Alphabet, IBM, ServiceNow, AbbVie, AstraZeneca, Bristol Myers Squibb to release earnings reports next week
Verizon Communications and several other companies including GE Aerospace, Comcast, and United Parcel Service also set to report earnings
Major Tech and Pharma Earnings, Inflation Data: A Busy Week Ahead for the Markets

Next week is set to be a busy one for earnings reports, with several major companies releasing their financial results. Among them are Tesla (TSLA) and Alphabet (GOOG, GOOGL), whose second quarter earnings are highly anticipated. Tesla's report on Tuesday is expected to provide updates on the company's delayed robo taxi event. Alphabet will follow suit with its own earnings report after the bell on Wednesday. IBM and ServiceNow are also set to release their financial updates on Wednesday.

In addition to these tech giants, a number of pharmaceutical companies will be reporting their earnings as well. These include AbbVie, AstraZeneca, and Bristol Myers Squibb.

Economic data is also on the horizon next week. The Federal Reserve's preferred inflation gauge, Personal Consumption Expenditures (PCE), will be released on Friday with economists expecting both overall PCE and core PCE to tick up slightly. This new June print will provide important insights into the current state of inflation as traders look forward towards September for a potential rate cut.

Verizon Communications is expected to provide its financial update on Monday, while Coca-Cola and several other companies including GE Aerospace, Comcast, and United Parcel Service are also set to report their earnings.

It's important to note that while these sources provide valuable information for the upcoming week in the markets, they may contain biases. Always be sure to consider multiple sources and verify information before drawing conclusions.


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Confidence

95%

No Doubts Found At Time Of Publication

Sources

96%

The overall score is a weighted number that takes into account conflict of interest, bias, deception and other practices that undermine the credibility of the source. It is calculated as:
(Site Conflicts Of Interest + Author Conflicts Of Interest) / 2.0 * 0.2 + ArticleBiasScore * 0.20 + UniquePointsScore * 0.05 + DeceptionScore * 0.20 + ReadabilityScore * 0.05 + FallacyScore * 0.20

A score that takes into consideration the content for flow, interruptions with ads, and overt search engine optimization techniques that makes the content hard to understand

What To Expect in the Markets This Week

Investopedia Sunday, 21 July 2024 23:54
  • Unique Points
    • Tesla's report on Tuesday is expected to be closely watched.
    • Alphabet is expected to report a 15% revenue increase on Wednesday.
    • IBM and ServiceNow will release their financial updates on Wednesday.
    • Verizon Communications will provide its financial update on Monday.
  • Accuracy
    • President Biden announced he will not seek reelection.
  • Deception (100%)
    None Found At Time Of Publication
  • Fallacies (95%)
    The article provides a list of upcoming earnings reports and economic data releases. There are no explicit fallacies found in the text. However, there are several instances of appeals to authority when the article mentions that 'most investors and economists believe' or 'some are arguing' about the Federal Reserve's actions.
    • ]Most investors and economists believe that the Fed will wait until its September meeting[
    • ']Some are arguing that the central bank should move in July on a rate cut['
  • Bias (100%)
    None Found At Time Of Publication
  • Site Conflicts Of Interest (100%)
    None Found At Time Of Publication
  • Author Conflicts Of Interest (0%)
    None Found At Time Of Publication

98%

The overall score is a weighted number that takes into account conflict of interest, bias, deception and other practices that undermine the credibility of the source. It is calculated as:
(Site Conflicts Of Interest + Author Conflicts Of Interest) / 2.0 * 0.2 + ArticleBiasScore * 0.20 + UniquePointsScore * 0.05 + DeceptionScore * 0.20 + ReadabilityScore * 0.05 + FallacyScore * 0.20

A score that takes into consideration the content for flow, interruptions with ads, and overt search engine optimization techniques that makes the content hard to understand

Earnings playbook: Your guide to a busy week of earnings, including Alphabet and Tesla

CNBC News Fred Imbert Sunday, 21 July 2024 11:32
  • Unique Points
    • President Biden announced he will not seek reelection.
  • Accuracy
    No Contradictions at Time Of Publication
  • Deception (100%)
    None Found At Time Of Publication
  • Fallacies (100%)
    None Found At Time Of Publication
  • Bias (100%)
    None Found At Time Of Publication
  • Site Conflicts Of Interest (100%)
    None Found At Time Of Publication
  • Author Conflicts Of Interest (100%)
    None Found At Time Of Publication

99%

The overall score is a weighted number that takes into account conflict of interest, bias, deception and other practices that undermine the credibility of the source. It is calculated as:
(Site Conflicts Of Interest + Author Conflicts Of Interest) / 2.0 * 0.2 + ArticleBiasScore * 0.20 + UniquePointsScore * 0.05 + DeceptionScore * 0.20 + ReadabilityScore * 0.05 + FallacyScore * 0.20

A score that takes into consideration the content for flow, interruptions with ads, and overt search engine optimization techniques that makes the content hard to understand

Tesla, Alphabet, Visa earnings, June PCE data: What to watch

Yahoo Finance Josh Lipton Sunday, 21 July 2024 23:55
  • Unique Points
    • Tesla will announce second quarter earnings and update on the delayed robo taxi event on Tuesday.
    • Personal Consumption Expenditures (PCE) data, the Federal Reserve’s preferred inflation gauge, will be released on Friday with economists expecting both overall PCE and core PCE to tick up slightly.
  • Accuracy
    No Contradictions at Time Of Publication
  • Deception (100%)
    None Found At Time Of Publication
  • Fallacies (100%)
    None Found At Time Of Publication
  • Bias (100%)
    None Found At Time Of Publication
  • Site Conflicts Of Interest (100%)
    None Found At Time Of Publication
  • Author Conflicts Of Interest (100%)
    None Found At Time Of Publication