The Latest Breaking News from Corporate Earnings

Corporate earnings are set to take a hit and Wall Street isn't properly anticipating it, Morgan Stanley's Mike Wilson warns. And when earnings fall, so will stocks.

The SPDR S&P 500 ETF Trust (NYSE: SPY) rebounded from its 2022 lows this week as investors digested a mixed bag of corporate earnings reports.

MUMBAI: The sensex and Nifty defied gravity for the sixth session on the trot on Friday as healthy corporate earnings and fresh foreign fund inflows offset negative cues from global markets.

The odds of another 75-bps rate hike are rising, with inflation showing no signs of slowing down. However, a decent start to the corporate earnings season could offer some relief for the stock market. We think investors could consider buying quality stocks Verizon Communications (VZ) and AudioCodes (AUDC), which are…

Sky-rocketing inflation and the Fed’s hawkish tilt have led to an economic slowdown. However, a decent start to the corporate earnings season is lifting investors’ optimism. And we think it will not be wise for investors to ignore fundamentally solid stocks such as Pfizer (PFE) and Kroger (KR), currently trading…

Asian shares are mixed following another volatile day on Wall Street, as traders brace for updates on inflation and corporate earnings

The stock market has rebounded lately from the decline in the year's first half, thanks to better-than-expected corporate earnings and the expectation of easing inflationary pressure. However, a still uncomfortable inflation level and the possible aggressive rate hikes could keep the market volatile. The Dogs of the Dow investment strategy…

While strong economic data and better-than-expected second-quarter corporate earnings helped the market recover slightly, the possibility of a higher interest rate hike by the Fed based on the impressive jobs data could lead to immense market volatility. Therefore, beaten-down stocks Magnite (MGNI) and Ranpak Holdings (PACK) are best avoided now,…

Better-than-expected corporate earnings and growth in the services sector last month should help offset the impact of recession fears on the stock market. However, since market swings are expected to continue, it could be wise to invest in quality stocks Exelixis (EXEL) and AutoNation (AN), currently trading at significant discounts…

Beware of Deceptive Stats Sometimes, you've got to look beyond the rosy headline stats to get a clearer picture of what's happening pseudonymous macro account "MrBlonde" did just that in this Twitter thread on Sunday, showing that corporate earnings in the 2nd Quarter are actually worse than they look. 

Recap: European and US stocks advanced yesterday amid positive corporate earnings reports and the prospect of less aggressive rate hikes from the US Federal Reserve. Hong Kong and Chinese markets pulled back as tech stocks corrected and the Chinese government signalled limited new stimulus ahead.