Tale of the Tape
Good evening, everyone. This week should be a hoot.
Nearly 900 companies are scheduled to report earnings. It’s an earnings bonanza! Facebook, Amazon, Apple, and Google all post numbers Thursday after market close. See the calendar below.
Stimulus talks are still stalled and the election is only 2 weeks away. We’ll see if any progress will be made in the week ahead.
Here’s the weekly S&P 500 chart and last week’s changes.
Mega-Cap Tech 🇺🇸
The 5 largest US companies all report earnings this week.
Microsoft will kick things off on Tuesday.
Facebook, Amazon, Apple, and Google will go on Thursday.
Here are the mega-cap tech stocks weekly charts:
Which stock will move the most on earnings? Time will tell.
Dunkin’ Could Go Private
Dunkin’ Brands is in talks to be acquired by private equity-backed Inspire Brands.
These aren’t just rumors… a Dunkin’ spokeswoman said this:
Dunkin’ Brands confirms that it has held preliminary discussions to be acquired by Inspire Brands.
If the deal gets done Inspire will take Dunkin’ private at $106.5/share. $DNKN closed on Friday at $88.79.
Here’s Bloomberg with more.
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The Week Ahead
And now a brief and well-organized look ahead at the trading week beginning Monday, October 26th, 2020:
- 10/26 September New Home Sales (10:00 AM ET)
- 10/27 October Consumer Confidence (10:00 AM ET)
- 10/30 September Personal Income (8:30 AM ET)
- 10/30 September Personal Spending (8:30 AM ET)
Here’s the full Economic Calendar provided by Briefing.
Be sure to know when your stocks are reporting. Here’s the earnings calendar.