Investors brace for busy week, McDonald’s earnings miss estimates: Yahoo Finance
Stocks are starting the day higher, kicking off a busy week on Wall Street. On the economic front, investors will digest the latest Federal Reserve decision on interest rates on Wednesday and the July jobs report on Friday. There will also be earnings from tech giants including Microsoft (MSFT), Meta Platforms (META), Apple (AAPL), and Amazon (AMZN), chip companies like Advanced Micro Devices (AMD) and Qualcomm (QCOM), and industry giants like Boeing (BA), Pfizer (PFE), and Procter & Gamble (PG). McDonald’s (MCD) started this week's earnings parade by reporting second quarter results that fell short of analyst expectations on both the top and bottom lines as consumers pull back on spending. Other trending tickers on Yahoo Finance include Alibaba Group (BABA), bitcoin (BTC-USD), and Abbott Laboratories (ABT).
Key guests include:
9:05 a.m. ET - Marvin Loh, State Street Senior Global Macro Strategist
9:30 a.m. ET - Francisco Blanch, BoA Head of Commodities and Derivatives Research
10:15 a.m. ET - Nick Setyan, Wedbush Managing Director, Equity Research, Restaurants
10:30 a.m. ET - Anthony Pompliano, Professional Capital Management CEO
11:10 a.m. ET - Michael Linford, Affirm CFO