Earnings: focus on Musk and Meta as Q3 reporting season heats up with big tech
FROM THE WIRE · FINANCE.YAHOO.COM
It's big tech's time in the earnings spotlight, with Meta (META), SpaceX (SPCX), and Tesla (TSLA) reporting this week. SpaceX and Netflix (NFLX) kick things off on Tuesday after the bell. Wednesday will see results from Tesla and Meta, providing an early read on the state of the…
Read at the source ↗MARKET IMPACTHIGH✦ News Impact agent estimateTone: neutralThe Magnificent Seven earnings week and the AI trade can move indices and tech stocks.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Meta, SpaceX and Tesla report this week, with Netflix and SpaceX kicking off on Tuesday after the bell.
- 02Wall Street estimates S&P 500 earnings growth of 29.6%, according to FactSet data.
- 03If confirmed, it would mark the third straight quarter of earnings growth above 25%.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Meta Platforms, Inc.699.10 USD-1.04%today -1.44%Neutral Tesla, Inc.365.81 USD+1.42%today +3.13%Neutral Netflix, Inc.69.42 USD-0.07%today -1.57%Neutral S&P 5007,707.10+0.13%today +0.62%Neutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets