Earnings
Netflix, Tesla and Meta headline a crowded earnings week
Big tech results arrive just as investors question how much more AI spending they will reward.
HedgeWeekly News Desk ·
Netflix reports after the close on Tuesday, with analysts looking for earnings of $0.82 a share on revenue of about $12.9 billion. The stock is down almost 25% this year, and investors want a clear plan for winning back viewers. General Motors, Northrop Grumman, RTX, 3M and Philip Morris report before the open the same day, with Capital One, Chubb and United Airlines after the bell.
Wednesday is the busiest night for tech. Meta is expected to post earnings of $5.94 a share on revenue of roughly $63.4 billion, and the focus will be on capital spending and early returns from its Muse AI agent. Tesla is forecast to earn $0.45 a share on flat revenue near $28.1 billion. IBM, Texas Instruments and Lam Research also report.
Thursday brings Blackstone, Lockheed Martin, Union Pacific, Procter & Gamble and Comcast in the morning, then Western Digital and Newmont in the evening. American Express and SLB close out the week on Friday morning. After last week's AI sell-off, the capex commentary from Meta and Lam Research may matter more than the headline numbers.