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The week ahead for investors January 22, 2024

by 22. Jan 2024 @ 11:59News, The week ahead

Snapshot: The Upcoming Week’s Highlights

This week, markets look forward to key earnings from Tesla, Netflix, Intel, and more, while closely monitoring the PCE Price Index and the U.S. fourth-quarter GDP for economic insights.

 

Key Takeaways

  • Earnings from Tesla, Intel, Netflix, and other prominent companies.
  • Focus on the PCE Price Index for insights on inflation.
  • Release of the preliminary U.S. fourth-quarter GDP estimate.

Week’s Highlights and Analysis

This week promises an interesting blend of corporate earnings and significant economic data. We’ll see how major tech players like Tesla, Netflix, and Intel fare in their latest financial reports. Additionally, the PCE Price Index and the preliminary U.S. fourth-quarter GDP will offer crucial insights into the economic landscape.

 

Week of Jan. 22:

 

Monday, January 22

  • Earnings from Brown & Brown, United Airlines, and Logitech International.

Tuesday, January 23

  • Netflix, Johnson & Johnson, Procter & Gamble, Verizon Communications, General Electric, and 3M report earnings.

Wednesday, January 24

  • Tesla, IBM, AT&T, and Progressive report earnings.
  • PMI data for January.

Thursday, January 25

  • Intel, Visa, T-Mobile, and Comcast Corp report earnings.
  • Initial jobless claims.
  • U.S. Gross Domestic Product for Q4 (preliminary).
  • Durable-goods orders for December and new home sales for December.

Friday, January 26

  • American Express, Colgate-Palmolive, and Norfolk Southern release earnings.
  • Pending home sales for December and the Personal Consumption Expenditures (PCE) Price Index.

Deeper Insight

Earnings from Tesla, Intel, Netflix, and More

This week’s earnings reports will provide a vital gauge of corporate health across various sectors. Tesla’s report may reflect the impact of price wars on its financials, while Netflix’s earnings could reveal the success of its new subscription tier. Intel’s performance will be closely watched for its AI advancements and PC demand.

GDP and The Fed’s Preferred Inflation Measure

Thursday’s GDP data and Friday’s PCE Price Index will offer critical insights into the U.S. economy’s growth and the current state of inflation. These metrics will be essential for gauging the effectiveness of the Fed’s rate hikes and the potential need for future monetary policy adjustments.

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