Stay in step with market opportunities and get insights, actionable trade ideas and dedicated support.
DAX trades at 21,748, stalling near 200 EMA resistance, as momentum fades despite April’s rebound. SAP jumps 10% on strong Q1 profit, while Intel cuts 20% of staff ahead of earnings. Crude oil drops 5% as OPEC+ mulls output hikes. Today’s focus: U.S. durable goods, jobless claims, home sales, and IMF/World Bank meetings.
Siemens AG is set to release its Q4 2024 earnings on November 14. Analysts expect revenue of €20.77 billion and a net profit increase to €1.87 billion YoY, despite a slight revenue dip. Siemens’ Digital Industries division faces challenges from inventory reduction in China, while Smart Infrastructure benefits from demand in data centers and electrification.
Munich Re anticipates a weaker quarter due to major loss events like Hurricane Helene, which alone led to €500 million in claims. Despite the Q3 challenges, the company expects to meet its full-year target of €5 billion profit due to strong year-to-date results. Airbnb is showing solid revenue growth, up nearly 10% YoY, fueled by international expansion and strong mobile app engagement. However, the expected EPS decline suggests cost pressures, potentially due to heightened marketing or regulatory challenges in key markets.
S&P 500 and the FTSE fell last week after the market pushed back Fed rate cut expectations and as geopolitical tensions hurt risk sentiment. Look ahead; US core PCE will be a key focus next week, as well as earning season with Tesla earnings and UK bank's earnings.
Big names like Apple, AMD and PayPal headline in the US while HSBC and Sainsbury’s are atop the agenda in the UK.
Find out what to expect from this week's earnings calendar.
Some of the largest publicly-listed companies in the world will be reporting earnings this week as Big Tech takes centre stage.
US banks will kick off the third-quarter earnings season this week.
Wall Street is fearful that Tesla deliveries could fall short of expectations, Tesco keeps showing why it’s the leading UK grocer, and Boohoo needs to show it can still complete a major turnaround before the end of the year.
Nike is set to have a tough start to what should be a year of progress, Costco keeps shining among retailers, Micron is still feeling the pain, and Carnival is steaming ahead thanks to the summer season.
StoneX Europe Ltd may make third party material available on this website which may contain information included but not limited to the conditions of financial markets. The material is for information purposes only and does not contain, and should not be construed as containing, investment advice and/or investment recommendation and/or an investment research and/or an offer of or solicitation for any transactions in financial instruments; any decision to enter into a specific transaction shall be made by the client following an assessment by him/her of their situation.
StoneX Europe Ltd makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or other information supplied. You should always seek independent advice as to your suitability to speculate in any related markets and your ability to assume the associated risks, if you are at all unsure. We are not under any obligation to update any such material. Any opinion made may be personal to the author and may not reflect the opinion of StoneX Europe Ltd.
