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☆ Major global firms warn of slow China sales as post-pandemic surge fades
▼ + stars: | 2023-08-02 | by ( ) www.reuters.com time to read: +4 min

Aug 2 (Reuters) - From consumer goods giant Unilever (ULVR.L) to automaker Nissan (7201.T) and machinery maker Caterpillar (CAT.N), global firms have warned of slowing earnings in China as the world's second-largest economy loses its post-pandemic bounce. A continued rebound has been limited to a handful of sectors such as dining and luxury goods, driving double-digit China sales growth for the likes of Starbucks (SBUX.O) and LVMH (LVMH.PA). Volkswagen (VOWG_p.DE) cut its full-year sales target last week due to a sales dip in China, its top market. "Unfortunately, our (China) sales outlook is now falling far below our production capacity," Nissan CEO Makoto Uchida said last week. "We mentioned during our last earnings call that we expected sales in China to be below the typical 5% to 10% of our enterprise sales.

Persons: Graeme Pitkethly, we're, Makoto Uchida, Jim Umpleby, Jacob Stausholm, Louis Vuitton, Tiffany, Jean, Jacques Guiony, Mimosa Spencer, Sophie Yu, Brenda Goh, Richa Naidu, Melanie Burton, Daniel Leussink, Victoria Waldersee, Miranda Murray, Rishav Chatterjee, Deborah Sophia, Ananya Mariam Rajesh, Yuvraj Malik, Miyoung Kim, Christopher Cushing Organizations: Unilever, Nissan, Caterpillar, Starbucks, Procter, Gamble, L'Oreal, Global, Volkswagen, Samsung, SK Hynix, Apple, Rio Tinto, Tinto, Yum, HK, KFC, Kailyn, Thomson Locations: China, KS, Rio, Yum China, Kailyn Rhone, New York, Paris, Beijing, Shanghai, London, Melbourne, Tokyo, Victoria, Berlin, Bengaluru

☆ Cramer says don't get too caught up in top-down analysis
▼ + stars: | 2023-07-31 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

CNBC's Jim Cramer told investors on Monday not to solely rely on analysts' top-down, broad market assessments. According to Cramer, it's imperative to also pay attention to micro-analysis of a company's performance when buying individual stocks. "After all these years, I've come to know one immutable truth: There's no monopoly on stock market knowledge," Cramer said. Top-down analysts, Cramer said, might fixate on how the Federal Reserve's rate hikes might affect the company. Cramer stressed that he is not just "cherry-picking" names and instead said there are many companies that often defy macro expectations.

Persons: CNBC's Jim Cramer, Cramer, I've, G, Procter, DR, Lennar Organizations: Procter & Gamble, homebuilders, Boeing

☆ Wall Street to Procter & Gamble, Colgate-Palmolive: Start Moving Units
▼ + stars: | 2023-07-30 | by ( Aaron Back | ) www.wsj.com time to read: 1 min

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Persons: Dow Jones Organizations: procter, colgate, palmolive

☆ The Fed may be about to crash the plane, but the focus should be on profits
▼ + stars: | 2023-07-30 | by ( Jim Cramer | ) www.cnbc.com time to read: +5 min

No matter what the Fed seems to do, it's become a game of whack-a-mole — whether it be wages, home prices, creeping commodities, or Fed subsidies that are about to roar in. The idea that the Fed is driving the price of a house to further unaffordability has taken hold. The yield curve can't be wrong, so it remains a matter of time before Fed Chair Jerome Powell crashes the plane — and let's not forget that lurking, lurking election. And the multiple on those profits is going up not because of hideous expansion, but because of a triumph over the pandemic. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: it's, Jerome Powell, let's, Jim Cramer's, Jim Cramer, Jim, Al Drago Organizations: Federal Reserve, Procter, Gamble, Treasury, Jim Cramer's Charitable, CNBC, US Federal Reserve, Market, Bloomberg, Getty Locations: Weimar Republic, Washington , DC

For the week, the Nasdaq climbed 2.02%, while the S&P rose 1.01%, and the Dow gained 0.66%. The gains gave the S&P 500 its highest close since April 4, 2022. Barclays said investors flocked to equities this week, with inflows of $10 billion to U.S.-listed stocks, according to a note to clients. Advancing issues outnumbered declining ones on the NYSE by a 2.64-to-1 ratio; on Nasdaq, a 2.81-to-1 ratio favored advancers. The S&P 500 posted 27 new 52-week highs and two new lows; the Nasdaq Composite recorded 83 new highs and 84 new lows.

Persons: Scott Ladner, Win Murray, Diamond Hill, Jerome Powell, Brendan McDermid, Peers, Dow, Jim Farley, Carolina Mandl, Kamdar, Johann M, Maju Samuel, Deepa Babington Organizations: Dow, Nasdaq, Big Tech, Federal Reserve, Horizon Investments, Dow Jones, Barclays, New York Stock Exchange, REUTERS, Peers Nvidia, Marvell Technology, Treasury, Bank of Japan, Procter & Gamble, Ford, Enphase Energy, Juniper Networks, Exxon Mobil, Chevron, Reata Pharmaceuticals, NYSE, Thomson Locations: China, U.S, New York City, New York, Bengaluru

U.S. annual inflation slowed considerably in June, likely pushing the Federal Reserve closer to ending its fastest interest rate hiking cycle since the 1980s, data showed on Friday. Barclays said investors flocked to equities this week, with inflows of $10 billion to U.S.-listed stocks, according to a note to clients. On the earnings front, Intel's (INTC.O) results and forecast pointed to an improving PC market, sending the chipmaker's shares up. The yield on the U.S. 10-year note slipped from 4% hit in the previous session, lifting megacap growth and technology stocks sharply higher. Reata Pharmaceuticals (RETA.O) surged after Biogen (BIIB.O) agreed to buy the rare disease drugmaker for nearly $6.5 billion.

Persons: Scott Ladner, Win Murray, Diamond Hill, Jerome Powell, Peers, Dow, Jim Farley, Carolina Mandl, Kamdar, Johann M, Maju Samuel, Deepa Babington Organizations: Horizon Investments, Federal Reserve, Nasdaq, Dow Jones, Barclays, Peers Nvidia, Marvell Technology, Treasury, Bank of Japan, Procter & Gamble, Ford, Enphase Energy, Juniper Networks, Exxon Mobil, Chevron, Reata Pharmaceuticals, Thomson Locations: China, U.S, New York, Bengaluru

U.S. annual inflation slowed considerably in June, likely pushing the Federal Reserve closer to ending its fastest interest rate hiking cycle since the 1980s. Most of the 11 major S&P 500 sectors posted gains, led by communications services (.SPLRCL), which gained 2.01% as big tech companies kept an upward trend after announcing earnings earlier this week. More than half of the firms listed on the S&P 500 have reported second quarter earnings as of Friday, out of which 78.7% have surpassed analyst expectations, according to Refinitiv data. Advancing issues outnumbered declining ones on the NYSE by a 2.31-to-1 ratio; on Nasdaq, a 2.62-to-1 ratio favored advancers. The S&P 500 posted 26 new 52-week highs and two new lows; the Nasdaq Composite recorded 73 new highs and 69 new lows.

Persons: Win Murray, Diamond Hill, Peers, Dow, Jim Farley, Bansari Mayur Kamdar, Johann M, Maju Samuel, Deepa Babington Organizations: Dow, Nasdaq, Federal Reserve, Peers Nvidia, Marvell Technology, Treasury, Bank of Japan, Big Tech, Dow Jones, Procter & Gamble, Ford, Enphase Energy, Juniper Networks, Exxon Mobil, Chevron, Reata Pharmaceuticals, NYSE, Thomson Locations: China, Bengaluru

☆ Colgate-Palmolive bumps up annual sales, profit forecasts on strong pricing
▼ + stars: | 2023-07-28 | by ( ) www.reuters.com time to read: +2 min

July 28 (Reuters) - Colgate-Palmolive (CL.N) raised annual organic sales and profit forecasts on Friday, banking on price hikes and resilient demand for its self-care and pet nutrition products. "Strong investment levels should continue in the back half of the year as we work to deliver balanced organic sales growth." Colgate-Palmolive also topped Wall Street estimates for second-quarter sales and profit. Colgate-Palmolive expects annual organic sales to grow between 5% and 7%, compared with previous forecast of 4% to 6% growth. Organic sales for the Hill Pet Nutrition brand, which contributed 22% to company's sales, grew 10.5% in the quarter, driven by demand in the U.S. and Europe.

Persons: Noel Wallace, Juveria, Shilpi Majumdar Organizations: Colgate, Palmolive, Consumer, Procter & Gamble, Nutrition, Thomson Locations: North America, U.S, Europe, Bengaluru

☆ With quarterly beat, Procter & Gamble flexes its ability to win in any economy
▼ + stars: | 2023-07-28 | by ( Zev Fima | ) www.cnbc.com time to read: +8 min

Procter & Gamble (PG) showed once again its ability to raise prices on its many household staples without damaging sales volume — one of the key reasons to own this stock in an uncertain economic environment. The company also delivered organic growth in all product categories and across all geographies in which it operates. Foreign exchange was a 3 percentage point headwind not reflected in organic growth. At the company level, the team has now notched seven straight quarters of 5% or better organic sales growth. Notably, all 10 major product categories posted organic sales growth in the quarter, with five growing double digits.

Persons: Gillette —, it's, Jim Cramer's, Jim Cramer, Jim, Proctor, Tiffany Hagler Organizations: Procter, Gamble, Tide, Management, Enterprise, CNBC, Gamble Co, Geard, Bloomberg, Getty Locations: buybacks, U.S, China, Europe, America, Hastings, Hudson , New York

☆ Stocks making the biggest moves premarket: Intel, Roku, Procter & Gamble and more
▼ + stars: | 2023-07-28 | by ( Samantha Subin | ) www.cnbc.com time to read: +5 min

The company reported adjusted earnings of 13 cents a share on revenue of $12.95 billion. Procter & Gamble — The consumer giant saw shares rise more than 1% in premarket trading after the company reported quarterly earnings and revenue that beat analysts' expectations. The company said it expects earnings per share between 49 cents and 59 cents, with revenue between $1.34 billion and $1.44 billion. The U.K.-based company reported second-quarter earnings of $2.15 per share on $11.42 billion in revenue. The snack maker on Thursday reported earnings of 76 cents a share, excluding items, on $8.51 billion in revenue.

Persons: Roku, Refinitiv, Gamble, Wells Fargo, Roth, Sweetgreen, Ford, Jefferies, Yun Li, Jesse Pound Organizations: Intel, Reata Pharmaceuticals, Procter, Exxon Mobil —, Revenue, Chevron, U.S . Enphase Energy, Deutsche Bank, Ford, Juniper Networks, AstraZeneca — U.S, Refinitiv, AstraZeneca, Pfizer, Volkswagen . New York Community Bancorp, JPMorgan, New York Community Bancorp Locations: U.S, Wells

☆ Stocks making the biggest moves midday: Intel, Roku, Sweetgreen, Ford and more
▼ + stars: | 2023-07-28 | by ( Yun Li | ) www.cnbc.com time to read: +4 min

Intel — The chip stock jumped more than 6% after the company posted better-than-expected second-quarter earnings results. Roku — Shares popped more than 25% after the company reported a smaller-than-expected loss for the recent quarter. The streaming stock posted a loss of 76 cents a share, ahead of the $1.26 loss per share expected by analysts, according to Refinitiv. The company reported earnings of $1.94 a share, excluding items, lower than the $2.01 estimate by analysts, per Refinitiv. Boston Beer posted earnings of $4.72 per share, well above an estimate of $3.38 per share from FactSet.

Persons: Roku, Gamble, Enphase, Wells Fargo, Roth MKM, Boston Beer, Sweetgreen, Ford, Rowe Price, Refinitiv, Rob Sharps, —, Jesse Pound, Tanaya Macheel, Samantha Subin Organizations: Intel, Revenue, New York Community Bancorp, JPMorgan, Reata Pharmaceuticals, Procter, Dow, Exxon Mobil, Enphase Energy, Deutsche Bank, Boston Beer, Boston, Ford Locations: Refinitiv, Wells

☆ P&G is showing it's a best-in-class operator in its industry, says RBC's Nik Modi
▼ + stars: | 2023-07-28 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailP&G is showing it's a best-in-class operator in its industry, says RBC's Nik ModiNik Modi, RBC Capital Markets analyst, joins 'Squawk on the Street' to discuss his takeaways from Procter & Gamble's earnings call, what the company did to separate itself from peers, and more.

Persons: it's, Nik Modi Nik Modi Organizations: RBC Capital Markets, Procter

☆ Procter & Gamble sales rise slightly, fueled by higher prices
▼ + stars: | 2023-07-28 | by ( Amelia Lucas | ) www.cnbc.com time to read: +3 min

But the company released a gloomy outlook for its fiscal 2024 sales that fell short of Wall Street's estimates. For fiscal 2024, P&G is forecasting that its revenue will grow 3% to 4%, lower than Wall Street's expectations of 4.5% sales growth. For roughly two years, P&G has been raising prices on its products to mitigate higher commodity costs. In fiscal 2024, P&G expects its volume will start increasing again, and prices will only rise 1% to 1.5%. The division, which includes Oral-B and Pepto-Bismol, scared off North American customers with its higher prices, according to P&G.

Persons: Gamble, Andre Schulten Organizations: Procter, Refinitiv, G, Asia Pacific, Gillette Locations: Compton , California, U.S, United States, Europe, Asia, Pacific, China

☆ Equities rise on fresh signs the Fed is 'winning battle against inflation'
▼ + stars: | 2023-07-28 | by ( Morgan Chittum | ) www.cnbc.com time to read: +3 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Watch Ford Ford Motor (F) stock fell more than 4% Friday, to around $13 a share, after reporting second-quarter results Thursday evening. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, Jerome, Powell, Jeff Marks, Ford, Marks, Procter, Gamble, Stanley Black, Decker, Jim Cramer's, Jim Organizations: CNBC, Ford, Federal Reserve, Nasdaq, Treasury, Ford Ford, Gamble, Wall, Procter, Apple, Caterpillar, Emerson Electric

☆ Stock futures are little changed as investors look toward Fed's favorite inflation gauge: Live updates
▼ + stars: | 2023-07-27 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

Stock futures were near flat on Thursday night as Wall Street awaited new inflation data due Friday morning. S&P 500 futures ticked higher by 0.03%, while Nasdaq 100 futures advanced 0.07%. Investors will watch for June data for the personal consumption expenditures price index, a gauge of inflation that's closely followed by the Federal Reserve. The S&P 500 and Nasdaq Composite each finished around 0.6% lower. Elsewhere on Friday, investors will watch for data on employment costs, personal income, consumer spending and consumer sentiment.

Persons: Roku, Dow Jones, Jay Hatfield, Dow Organizations: New York Stock Exchange, Stock, Dow Jones, Nasdaq, Intel, Federal Reserve, Infrastructure Capital Advisors, Procter & Gamble Locations: Thursday's

☆ The Dow has been on a roll not seen in decades. Here's how our 8 stocks in the index have fared
▼ + stars: | 2023-07-27 | by ( Kevin Stankiewicz | In Kevinstankiewicz | ) www.cnbc.com time to read: +6 min

Over its 1987 streak, the Dow climbed to 2,104.47, from roughly 1,895.95 — a gain of 11%. If the Dow were to finish higher Thursday, it would tie the stock benchmark's longest winning streak ever, which was in June 1897. Jim Cramer's Charitable Trust, the portfolio the Club uses for investing, owns just over a quarter of the stocks in the Dow. Honeywell 's (HON) 2.5% gain amid the Dow's 13-session winning streak is being wiped away by the stock's post-earnings slide Thursday. Microsoft 's (MSFT) roughly flat overall performance during the Dow's streak, squeaking out a just 0.2% gain, is due in large part to the stock's 3.8% decline Wednesday.

Persons: Warren Buffett hadn't, Paul Volcker, Dow, Jim Cramer's, Johnson, —, We'll, Walt Disney, Jim Cramer, Disney, Jim, Spencer Platt Organizations: Dow Jones, Dow, Federal Reserve, Woolworth Company, Jim Cramer's Charitable Trust, Johnson, Enterprise, Industrial Caterpillar, Caterpillar, Procter & Gamble, Honeywell, Club, Wall Street, Vision, Microsoft, MSFT, CNBC, Street Bull, Financial, Getty Locations: New York City

The change drew the ire of several P&G investors. Its new forestry policy could put it at odds with a European Union deforestation law coming into effect in about 18 months banning certain goods linked to deforestation and forest degradation. "Our ongoing efforts to keep forests as forests while continuing to serve consumers with superior-performing products, all of those efforts remain unchanged." In its new forestry policy, P&G, which also makes Tide detergent and Dawn dish soap, consolidates existing guidelines for paper packaging and palm oil, used throughout its portfolio of products. The NRDC late last year filed a complaint with the U.S. Securities and Exchange Commission (SEC) to evaluate if P&G's claims that it prohibits forest degradation were materially misleading investors.

Persons: Leslie Samuelrich, Jack McAneny, McAneny, Elrod, Gaurav Madan, Madan, Shelley Vinyard, Vinyard, Peter van der, Jessica DiNapoli, Aurora Ellis Organizations: YORK, Procter, Gamble, Green, Funds, Reuters, Commodities, United, Food, Agriculture Organization, BNP, Asset Management, Natural Resources Defense, BlackRock, Street, UBS, Legal, General, Natural Resources Defense Council, U.S . Securities, Exchange Commission, SEC, Thomson Locations: Cincinnati, Latin America, Europe, Canada, U.S, Robeco, New York

☆ Why are so many Western firms staying put in Russia, despite the rising risks?
▼ + stars: | 2023-07-26 | by ( Hanna Ziady | ) edition.cnn.com time to read: +6 min

London CNN —When Russia launched its full-scale invasion of Ukraine in February 2022, a slew of Western companies left in protest. Companies now find themselves caught between Western sanctions and public outrage on the one hand, and an increasingly hostile Russian government on the other. The Kremlin is making it more difficult for Western firms to sell their Russian assets — and imposing steep discounts and punitive taxes when they do. Both companies had been finalizing sales to local buyers when President Vladimir Putin signed an order nationalizing their local assets earlier this month. Spurred by sweeping Western sanctions, oil companies, automakers, technology firms, consultancies and banks led the initial wave of departures.

Persons: —, Vladimir Putin, Carlsberg, Maria Shagina, Andrey Rudakov, Konstantin Zavrazhin, Hein Schumacher, Schumacher, ”, ” Procter, Gamble, ” Mondelez, Fortum Oyj, Jeffrey Sonnenfeld, ” Sonnenfeld, — Olesya Dmitracova Organizations: London CNN, Nestlé, Heineken, Companies, Danone, Carlsberg, Breweries, International Institute for Strategic Studies, CNN, Bloomberg, Getty, Yale University, Yale, Unilever, UL, Procter, Gamble, Treasury, Foreign, Control, Carlsberg — Locations: Russia, Ukraine, Lyubuchany, Rosneft, Moscow, Russian

☆ This top Procter & Gamble exec is showing Hollywood how brands can make prestige films and be 'power-up' partners for studios and streamers
▼ + stars: | 2023-07-25 | by ( Lucia Moses | ) www.businessinsider.com time to read: +7 min

P&G Studios head Kimberly Doebereiner argues that great entertainment can come from brands. Procter & Gamble is at the forefront of the growing brand film space — with its own in-house shingle, P&G Studios, actively pursuing entertainment projects that look nothing like ads. "The first thing I'd love is for the distributors to see that great content can come from anybody, and even if it's from a brand, that doesn't mean it's brand content," she told Insider in an interview. "We have great marketing, we have great brands, we can help bring in viewers, right? "We'd love to have our content be able to show up in the retailer with our brands and create better awareness for that content," Doebereiner said.

Persons: Kimberly Doebereiner, Doebereiner, Gamble, Ron Howard, Brian Grazer's, Michael Sugar's Sugar23, Reese Witherspoon's, Barbie, we've, Brand, Queen Latifah Organizations: G Studios, Procter, Gamble, HBO, Hulu, Brands, Hollywood, Advertising, Tide, Gillette, Tribeca Studios, Walmart, Blue Fox Entertainment Locations: Hollywood

☆ CNBC Daily Open: It’s time to talk about the Dow
▼ + stars: | 2023-07-24 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +3 min

Michael M. Santiago | Getty Images News | Getty ImagesThis report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. What you need to know todayThe bottom lineLet's talk about the Dow Jones Industrial Average and why it did better than the S&P 500 and the Nasdaq Composite last week. The S&P and the Dow were essentially flat, while the Nasdaq Composite lost 0.22% Friday. On a weekly basis, the S&P advanced 0.79%, the Nasdaq fell 0.57% — but the Dow gained an impressive 2.08%.

Persons: Michael M, Dow, Goldman Sachs, Gamble Organizations: New York Stock Exchange, Santiago, Getty, CNBC, Dow Jones Industrial, Nasdaq, JPMorgan Chase, Apple, Microsoft, Nike, Procter, Nvidia, UnitedHealth, Dow Locations: New York City

☆ CNBC Daily Open: Let’s talk about the Dow
▼ + stars: | 2023-07-24 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +5 min

Michael M. Santiago | Getty Images News | Getty ImagesThis report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. For the second half, the bank thinks GDP will grow 1.3%, compared with 0.6%. "India and China combined will make up 2 million barrels a day of demand pick-up in the second half of this year," he said. The bottom lineLet's talk about the Dow Jones Industrial Average and why it did better than the S&P 500 and the Nasdaq Composite last week.

Persons: Michael M, Tesla, Wood, Morgan Stanley, Joe Biden's, Ellen Zentner, Joseph McMonigle, McMonigle, Sarah Min, Dow, Goldman Sachs, Gamble Organizations: New York Stock Exchange, Santiago, Getty, CNBC, Nasdaq, KE Holdings, Joe Biden's Infrastructure Investment, Jobs, International Energy, Federal Reserve, Dow Jones Industrial, JPMorgan Chase, Apple, Microsoft, Nike, Procter, Nvidia, UnitedHealth, Dow Locations: New York City, China, U.S, India

☆ How investors can get ahead by listening to a company's earnings conference call
▼ + stars: | 2023-07-23 | by ( Zev Fima | ) www.cnbc.com time to read: +20 min

Commentary on the results Almost all calls begin with a discussion of the reported results. The reported quarter ended May 31 and the call was hosted on June 30, a full month after the quarter ended. By listening into the call, an investor could see that the reported results did not tell the full story around Wynn's business in China. As with the reported results, any comments on supply chains and customer dynamics could prove relevant to the direction of the stock. It can be quantitative, by which management provides actual targets for sales, earnings, and/or industry metrics.

Persons: —, they've, Gamble, Jeff Miller, Mark Zuckerberg, Zuckerberg, takeaways, It's, Jim Cramer's, Jim Cramer, Jim, sasirin Organizations: Procter, TJX, Devices, Club, Constellation Brands, Wynn Resorts, WYNN, Halliburton, HAL, Microsoft, Apple, Linde, LIN, Management, Coterra, Investors, Nvidia, Jim Cramer's Charitable, CNBC, iStock, Getty Locations: Macao, China, overspending

☆ What’s ahead this week for Wall Street and the economy
▼ + stars: | 2023-07-23 | by ( Krystal Hur | ) edition.cnn.com time to read: +5 min

Case Shiller house price index for May and consumer confidence for July from the Conference Board. Earnings reports from AT&T, Boeing, Meta Platforms, Mattel, Stellantis and Chipotle Mexican Grill. Earnings reports from Coca-Cola, Mondelez, Honeywell, Keurig Dr Pepper, Royal Caribbean, Anheuser-Busch Inbev, Southwest Airlines and Hershey. Friday: Personal Consumption Expenditures price index for June, Employment Cost Index for the second quarter and University of Michigan consumer sentiment for July. Earnings reports from Procter & Gamble, Chevron and Exxon Mobil.

Persons: Jerome Powell, David Smith, Powell, Christopher Waller, ”, Dustin Thackeray, Tesla, Chris Isidore, —, Case, Dr Pepper Organizations: CNN Business, Bell, CNN, Fed, Traders, Rockland Trust, Big Tech, Microsoft, Meta, Crewe Advisors, Nasdaq, Netflix, Safety, Health Administration, doesn’t, Biden Administration, Bureau of Labor Statistics —, Ryanair, Federal Reserve, Conference Board, General Motors, Daniels, Midland, Verizon, PacWest, Boeing, Mattel, Honeywell, Anheuser, Busch Inbev, Southwest Airlines, Hershey, University of Michigan, Procter & Gamble, Chevron, Exxon Mobil Locations: Rockland, American, United States, PacWest Bank, Royal Caribbean

☆ What we hope to see from 9 Club stocks out with earnings in the week ahead
▼ + stars: | 2023-07-22 | by ( Zev Fima | ) www.cnbc.com time to read: +14 min

Looking to next week, earnings season will ramp up — and though we'll get some important economic data, expect the corporate releases and management commentary on the post-game calls to be firmly in the driver's seat. Here are two important things to know for the week ahead. Quarterly earnings : As important as economic releases are, it's earnings that will garner the bulk of investors' attention. For those looking to review first-quarter performance ahead of these releases, keep our first-quarter earnings report card handy. Here's the full rundown of all the important domestic data in the week ahead.

Persons: Dow, we'll, we've, Lawrence Yun, Jerome Powell's, Sartorius, Sartorius preannounced, It's, management's, We'll, Tesla, Ford's, Sherwin, Williams, Archer, Clark, Lam, Edwards Lifesciences, Hewlett, Northrop, Dr Pepper, Davidson, Jim Cramer's, Jim Cramer, Jim, Spencer Platt Organizations: Nasdaq, Economic, National Association of Realtors, Nine, GE Healthcare, Microsoft, YouTube, Linde, LIN, Honeywell, Aerospace, Technologies, Ford, Procter & Gamble, Dynex, HBT, Hope Bancorp, NXP Semiconductors, Cadence Design Systems, Whirlpool, Logitech International, Liberty Global, Verizon Communications, General Motors, General Electric, GE, Spotify, Raytheon Technologies, Daniels, Midland, Albertsons Companies, ACI, Polaris Industries, Inc, Dow Chemical, DOW, Xerox, Texas Instruments, WM, Canadian National Railway Company, Chubb Corporation, Universal Health Services, Powell, Boeing, Hilton, Union Pacific, General Dynamics, Quest Diagnostics, Otis Worldwide, Grill, Lam Research, eBay, EBAY, Mattel, Hewlett Packard, L3Harris Technologies, Gross, Royal Caribbean Cruises, Southwest Airlines, Mastercard, Myers Squibb, Northrop Grumman, Hertz, Tractor Supply Company, HCA Healthcare, Boston, Hershey, Comcast, Harley, Norfolk Southern, Intel, Mobile, United States Steel Corp, KLA Corporation, Boston Beer Company, Nation Entertainment, Texas, Procter, Gamble, Exxon Mobil, Chevron, Charter Communications, AstraZeneca, Colgate, Palmolive, Newell Brands, Sanofi, Dwight, Jim Cramer's Charitable, CNBC, New York Stock Exchange, Getty Locations: U.S, Hollywood, Cleveland, Corning, Kimberly, Bristol, Norfolk

The S&P 500 climbed 0.03% to end at 4,536.34 points. For the week, the S&P 500 added 0.7%, the Nasdaq fell 0.6% and the Dow rose 2.1%. American Express (AXP.N) fell 3.9% after the credit card giant missed quarterly revenue estimates and affirmed its full-year profit forecast. SLB (SLB.N) declined 2.2% after the top oilfield services firm missed quarterly revenue expectations due to moderating drilling activity in North America. Advancing issues outnumbered falling ones within the S&P 500 (.AD.SPX) by a 1.5-to-one ratio.

Persons: AmEx, Jake Dollarhide, Noel Randewich, Bansari Mayur Kamdar, Johann M, Shinjini Ganguli, Richard Chang Organizations: Nasdaq, Dow, Dow Jones, Procter & Gamble, Chevron, Longbow, Management, Nvidia, Netflix, American Express, Thomson Locations: Tulsa , Oklahoma, North America, Oakland, Bengaluru

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