Earnings to Watch (BABA, DIS, PLTR)
From Nasdaq:
The week concluded with important fourth-quarter earnings reports from big tech companies. The Dow Jones Industrial Average and S&P 500 both saw gains, while the Nasdaq surged driven by results from Meta Platforms. The tech company’s stock soared over 21%, and with strong jobs and inflation data, the Federal Reserve’s decision on interest rates remains uncertain.
This week, stocks to watch include Palantir Technologies, Alibaba, and The Walt Disney Company. Palantir’s Q4 earnings will be revealed, and analysts expect its stock to fall. Alibaba’s potential catalysts include new AI tools and subdued regulatory scrutiny in China. Disney’s streaming services, including Disney+, have presented significant growth opportunities, and the company is showing signs of recovery, despite operational challenges.
Read more: Earnings to Watch (BABA, DIS, PLTR)