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Tag: GDP


Amazon, Facebook and Tesla headline busy week of earnings: Morning Brief

23

Jul 2019

Amazon, Facebook and Tesla headline busy week of earnings: Morning Brief

This week, the focus will be on earnings and second-quarter GDP data to be released at the end of the week. So far, more than 20% of the S&P 500’s market cap has reported second-quarter earnings results. “Earnings are beating by 6.8%, with 75% of companies exceeding their bottom-line estimates. This compares to 5.5% and 71% over the past 3 years,” according to Credit Suisse...

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