Tuesday 4/22
More than 100 S&P 500 companies, or 22% of the index's components, report financial results this week, headlined by Tesla on Tuesday. Shares of the electric-vehicle company are down 40.2% this year as sales fell. In the first quarter, Tesla delivered 13% less vehicles than a year ago. Investors will also watch for updates on CEO Elon Musk's position in the Trump administration, the impact of tariffs on prices, sales in China and the U.S., and timelines for robo-taxis and a new lower-cost model.
Thursday 4/24
Alphabet will kick off Big Tech earnings after the market close on Thursday. Wall Street expects Google's parent to announce earnings of $2.01 a share on sales of $89.3 billion. A year ago, the company reported earnings of $1.89 a share on sales of $80.5 billion. Last week, a federal judge ruled that Google violated antitrust law. It follows a previous antitrust case that Alphabet lost in August.
Commentary from telecoms including T-Mobile US on Thursday may include hints about the impact of tariffs on Apple. Management may discuss whether they are seeing customers upgrade phones in anticipation of expected price hikes. The White House recently announced a temporary exemption on some tariffs for iPhones and other consumer tech.
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(END) Dow Jones Newswires
April 18, 2025 21:30 ET (01:30 GMT)
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