Welcome back to earnings season: What to watch this week
Wall Street banks and major chipmakers step into the spotlight as third-quarter earnings season gets underway amid rising Treasury yields and higher interest rates. Investors will scrutinize big bank profits to gauge how elevated borrowing costs impact the broader economy and dealmaking outlooks. Meanwhile, upcoming reports from ASML and TSMC will shed light on artificial intelligence chip demand and supply chains. Alongside corporate results, markets brace for upcoming inflation reports and retail sales data that could influence Federal Reserve policy decisions.
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- ✓ Third-quarter earnings start with major Wall Street banks opening their books.
- ✓ ASML and TSMC earnings this week will offer clues about AI-chip demand and Nvidia's supply chain.
- ✓ Investors will focus on the impact of higher rates and the deals outlook during bank earnings.
What changed
Third-quarter corporate earnings officially begin alongside fresh inflation and retail sales data releases.
Live updates
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Q3 Earnings Kick Off As Banks And Chipmakers Face Tests
Wall Street banks and major chipmakers step into the spotlight as third-quarter earnings season gets underway amid rising Treasury yields and higher interest rates. Investors will scrutinize big bank profits to gauge how elevated borrowing costs impact the broader economy and dealmaking outlooks. Meanwhile, upcoming reports from ASML and TSMC will shed light on artificial intelligence chip demand and supply chains. Alongside corporate results, markets brace for upcoming inflation reports and retail sales data that could influence Federal Reserve policy decisions.
Why it matters
Major financial institutions enter the reporting period following a blockbuster first half of the year, though rising rates now threaten that momentum. Market participants are closely tracking how financial firms handle the current yield environment. Earnings reports from key technology suppliers will also offer critical indicators for semiconductor demand.
What is confirmed
- Third-quarter earnings start with major Wall Street banks opening their books.
- ASML and TSMC earnings this week will offer clues about AI-chip demand and Nvidia's supply chain.
- Investors will focus on the impact of higher rates and the deals outlook during bank earnings.
What to watch next
- Upcoming corporate earnings reports from major banks and chipmakers
- Release of U.S. inflation data and retail sales figures
confidence 90%Sources used for this update (27)
- stocktwits.com — Stocktwits - Stock Market Live Quotes, Social Community...
- www.cnbc.com — Stock Markets, Business News, Financials, Earnings - CNBC
- Yahoo Finance — Wall Street banks had a blockbuster first half. Higher rates will test the boom.
- CNBC — Cramer’s week ahead: Earnings kick off as banks and chipmakers face big tests
- Bloomberg.com — Goldman Set to Lead Wall Street’s $19 Billion Stock-Trading Haul
- WSJ — Week Ahead for FX, Bonds: U.S. Inflation Data in Focus
- AP News — 2 Inflation reports, retail sales and big bank profits all arrive in the coming week
- Yahoo Finance — Welcome back to earnings season: What to watch this week
- MarketWatch — Bank earnings to shed the first light on how higher yields are affecting the economy
- Yahoo Finance — 3 Big Bank Stocks Facing A Q3 Test As Treasury Yields Rise
- Barron's — Wells Fargo, Bank of America, Domino’s, Johnson & Johnson, Inflation Data, and More to Watch This Week
- Reuters — US bank investors to focus on impact of higher rates, deals outlook in Q3 earnings
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