Earnings after the close on August 2, 2023 and before the open on August 3 episode artwork

EPISODE · Aug 2, 2023 · 0 MIN

Earnings after the close on August 2, 2023 and before the open on August 3

from Catch the Drift · host Earnings Whispers

There are 550 companies set to report earnings in the next 24 hours.  Investors are most closely watching PayPal (PYPL), with expectations for a 9.0% move as the stock nears resistance.  Sentiment has improved during the quarter, but investors remain rather bearish the stock.  Investors are similarly watching Shopify (SHOP) this quarter and while options are priced for an 11.2% move, this is well below the average of 16.6% over the past several quarters.  One significant difference is investors have been bullish the stock for most of 2023, but there is little evidence sentiment is excessive.  Investors will also be watching Anheuser-Busch InBev (BUD), Qualcomm (QCOM), Occidental Petroleum (OXY), Unity (U), Robinhood Markets (HOOD), MercadoLibre (MELI), Etsy, and Warner Bros Discovery (WBD).

There are 550 companies set to report earnings in the next 24 hours.  Investors are most closely watching PayPal (PYPL), with expectations for a 9.0% move as the stock nears resistance.  Sentiment has improved during the quarter, but investors remain rather bearish the stock.  Investors are similarly watching Shopify (SHOP) this quarter and while options are priced for an 11.2% move, this is well below the average of 16.6% over the past several quarters.  One significant difference is investors have been bullish the stock for most of 2023, but there is little evidence sentiment is excessive.  Investors will also be watching Anheuser-Busch InBev (BUD), Qualcomm (QCOM), Occidental Petroleum (OXY), Unity (U), Robinhood Markets (HOOD), MercadoLibre (MELI), Etsy, and Warner Bros Discovery (WBD).

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Earnings after the close on August 2, 2023 and before the open on August 3

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There are 550 companies set to report earnings in the next 24 hours.  Investors are most closely watching PayPal (PYPL), with expectations for a 9.0% move as the stock nears resistance.  Sentiment has improved during the quarter, but investors...

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