Earnings after the close on August 15, 2023 and before the open on August 16

As we approach earnings announcements scheduled for after today's close and before tomorrow's open, Brazilian banks appear to be outperforming U.S. banks, with Nu Holdings consolidating at a peak. Concurrently, two retailers are trending in different directions. It's unsurprising that projections for the two differ too: Target is anticipated to have weak results, while TJX's results are expected to reflect a long-awaited trade-down from the consumer. The surge observed in Coherent isn't due to earnings, but a new laser. The outlook remains modest for their upcoming results. However, if the stock takes a hit, it might present a good buying opportunity, considering that new products typically influence future earnings rather than immediate results.