Investors brace for reduced forward guidance this earnings season as companies grapple with rising interest rates and rapid inflationary pressures.
Those moves come as investors prepare for companies to start reporting their latest results. Market participants will watch for downside risk to earnings forecasts as companies grapple with rising interest rates and greater inflationary pressures, and as Wall Street debates the likelihood of a recession.
"In terms of S&P earnings, for instance, we think we're already moving towards an earnings recession," Marathon Asset Management's Bruce Richards said Monday on CNBC's"Closing Bell." "Companies are getting squeezed at all sides, they're getting squeezed on cost of goods and the wages and all things that go into input from our manufacturing goals or services. And on the other end, we think revenues are starting to flatten before turning down at a time when interest cost is going up...That's a lot of downgrades, a lot of potential defaults coming from the system as a result of higher charges.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Stock futures slide as China COVID restrictions spark fresh global growth fearsTraders attention turns to corporate earnings after stocks' recent rally off lows. U.S. stock futures traded lower.
Leer más »
Twitter fallout, inflation data, Alphabet stock split, bank earnings top week aheadTwitter, Alphabet and a fresh batch of inflation data top the week ahead on Wall Street.
Leer más »
The Stock Market Faces Next Test as Inflation Looms Over Earnings SeasonInvestors expect concerns about hot inflation and strapped consumers to dominate the corporate-earnings season that kicks off this week
Leer más »
A Politically Bipartisan C-Suite May Benefit a Company’s Stock PriceA study finds that when a company’s leadership becomes less politically diverse, the stock suffers.
Leer más »
Mullen Automotive stock soars after Amazon delivery partner orders up to 600 EVsShares of Mullen Automotive Inc. undefined shot up 16.2% in premarket trading Monday, after the electric vehicle maker said and Amazon.com Inc. undefined...
Leer más »
Bitcoin mining stock report: Monday, July 11Here's how crypto mining companies performed on Monday, July 11.
Leer más »