Speaking of corporate earnings… Let’s take a look at companies that reported big earnings surprises this quarter. Filtering through some of the companies… Pinduoduo (NASDAQ:PDD) and JD.com (NASDAQ:JD) both reported strong earnings — but Chinese-listed stocks (ADRs) are incredibly volatile right now, given US-Chinese tensions. So let’s skip those. $SNOW had a big earnings beat,…Read more
Earnings season: What should investors expect?
Earnings season… Big banks, including JPMorgan and Citigroup, kick off earnings this Friday. Investors expect more of the same… A negative impact on profit margins from factors like inflation and inventory building up. A strong US dollar is negatively impacting many US companies’ earnings. Investors expect these earnings to give a glimpse into the economy’s…Read more
Investors should watch for these factors impacting company earnings
We’re deep in earnings seasons and what plagued the economy for most of 2021 is still plaguing earnings (per CNBC): The good: Demand is strong in almost all sectors. The bad: Labor shortage and supply issues are impacting companies the most. Many companies are adapting, some are struggling — and others are getting creative… Getting…Read more