Pharma giant Pfizer and automakers General Motors and Ford Motor are also among the roughly 100 S&P 500 names on deck.
The busiest week of earnings is upon us, with roughly 20% of the S & P 500 slated to report — including some of the biggest companies in the world. Apple, Google-parent Alphabet and Meta Platforms are all scheduled to post their latest quarterly results this week. Pharma giant Pfizer and automakers General Motors and Ford Motor are also among the roughly 100 S & P 500 names on deck. The earnings season thus far has been lackluster.
Commentary about the speed of the pace of the inventory drawdown, or expectations of purchasing activity in China as Covid lockdowns ease, could help Qualcomm's stock counteract downward pressure from a potentially downbeat quarterly report." What history shows: Qualcomm has either beaten or matched analysts' earnings expectations in the last 32 quarters, according to FactSet. Alphabet is set to report earnings after the close, followed by a conference call at 4:30 p.m. ET.
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