Earnings This Week: Heavyweights Tesla And Google
UNITED STATES, JUL 20 – Alphabet and Tesla are key drivers of this earnings season, with over 100 S&P 500 companies reporting as investors assess AI growth and tariff impacts on profits.
- Futures gained ground as more than 100 S&P 500 companies report this week, with Alphabet and Tesla set to take center stage midweek.
- Amid growing trade tensions, investors remain vigilant as the earnings season gains momentum, with mega-cap companies scheduled to report this week.
- Analysts expect Alphabet to deliver 15% EPS growth and 11% revenue expansion, while Tesla is forecast to report a 23% EPS decline and 12% revenue drop.
- Market indicators signaled further gains, and S&P 500 futures climbed 0.2% and contracts tied to the Nasdaq 100 gained 0.3%, with Nasdaq on course for another record.
- Looking ahead, investors will monitor the July 29-30 Fed meeting and the August 1 tariff deadline.
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