2.6 C
New York
Wednesday, December 6, 2023

American Express, regional banks, AutoNation: 3 things to watch

American Express, regional banks, AutoNation: 3 things to watch
© Reuters.

 

MSFT
-2.31%

Add to/Remove from Watchlist

Add to Watchlist

Add Position

Position added successfully to:

Please name your holdings portfolio

Type:

BUY
SELL

Date:

 

Amount:

Price

Point Value:

Leverage:

1:1
1:10
1:25
1:50
1:100
1:200
1:400
1:500
1:1000

Commission:

 

Create New Watchlist
Create

Create a new holdings portfolio
Add
Create

+ Add another position
Close

AN
-2.51%

Add to/Remove from Watchlist

Add to Watchlist

Add Position

Position added successfully to:

Please name your holdings portfolio

Type:

BUY
SELL

Date:

 

Amount:

Price

Point Value:

Leverage:

1:1
1:10
1:25
1:50
1:100
1:200
1:400
1:500
1:1000

Commission:

 

Create New Watchlist
Create

Create a new holdings portfolio
Add
Create

+ Add another position
Close

RF
+1.65%

Add to/Remove from Watchlist

Add to Watchlist

Add Position

Position added successfully to:

Please name your holdings portfolio

Type:

BUY
SELL

Date:

 

Amount:

Price

Point Value:

Leverage:

1:1
1:10
1:25
1:50
1:100
1:200
1:400
1:500
1:1000

Commission:

 

Create New Watchlist
Create

Create a new holdings portfolio
Add
Create

+ Add another position
Close

AXP
-0.01%

Add to/Remove from Watchlist

Add to Watchlist

Add Position

Position added successfully to:

Please name your holdings portfolio

Type:

BUY
SELL

Date:

 

Amount:

Price

Point Value:

Leverage:

1:1
1:10
1:25
1:50
1:100
1:200
1:400
1:500
1:1000

Commission:

 

Create New Watchlist
Create

Create a new holdings portfolio
Add
Create

+ Add another position
Close

CMA
+2.28%

Add to/Remove from Watchlist

Add to Watchlist

Add Position

Position added successfully to:

Please name your holdings portfolio

Type:

BUY
SELL

Date:

 

Amount:

Price

Point Value:

Leverage:

1:1
1:10
1:25
1:50
1:100
1:200
1:400
1:500
1:1000

Commission:

 

Create New Watchlist
Create

Create a new holdings portfolio
Add
Create

+ Add another position
Close

Investing.com — Stocks were wobbling on Thursday after corporate earnings showed mixed results for the recent quarter.

Next week will feature reports from major technology companies, whose stocks have been supercharged this year on hopes for artificial intelligence and its explosive growth. Analysts expect tech giants like Microsoft (NASDAQ:MSFT) to provide further details to their AI plans and how they will drive earnings.

Banks mostly wrap up their second quarter reporting season on Friday with regional giants Comerica and Regions. Lenders have benefited from rising interest rates allowing them to make more money from loans, though the biggest banks with Wall Street-focused businesses had to overcome a slump in deal making that cut into revenue.

Next week is another big week for Fed watchers as the central bank meets to decide again on interest rates. Most expect the Fed will raise rates another quarter of a percentage point, and many will be listening for additional clues on its direction during Chair Jerome Powell’s press conference on Wednesday afternoon.

After that decision is announced, two key economic reports are due out, including a reading of second quarter gross domestic product and the latest on the personal consumption expenditures index, a key inflation measure. Both reports come out late next week.

Here are three things that could affect markets tomorrow:

1. American Express

Card giant American Express Company (NYSE:AXP) is expected to report earnings per share of $2.81 on revenue of $15.4 billion.

2. Regional banks

Comerica Inc (NYSE:CMA) is expected to report earnings per share of $1.86 on revenue of $904 million, while Regions Financial Corporation (NYSE:RF) is expected to report earnings per share of 59 cents on revenue of $1.9B.

3. AutoNation earnings

AutoNation Inc (NYSE:AN) is expected to report earnings per share of $5.84 on revenue of $6.7B.

Source: Investing.com

Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Stay Connected

11,268FansLike
12,893FollowersFollow
730FollowersFollow
- Advertisement -

Latest Articles

Popular Articles