Next Week on the Street: Earnings, CPI, Lasso's Back & March Madness
Get ready for a big earnings week. Lennar, Adobe, FedEx, and Dollar General are all expected to report. Of the economic reports coming out, Tuesday's CPI drop will have investors watching to see where we stand with inflation because that will help inform the Federal Reserve's plan to adjust interest rates.
Looking for something more fun? The news season of Ted Lasso drops and March Madness gets underway.
Microsoft is partnering with Warner Brothers for the film Wonka to release a limited edition Xbox series X that looks like one of Willy Wonka's famous chocolate bars.
Google CEO Sundar Pichai was back in court Tuesday to testify in an antitrust trial that accuses the company of running an illegal monopoly on its Android apps.
Ed Egilinsky, managing director and head of sales and distribution & alternatives with Direxion, joined Cheddar News to discuss how bond traders are reacting to the latest consumer price index data and how they're positioning portfolios ahead of next week's release of Nvidia's earnings. Egilinsky also discussed some of the other bigger-cap companies, including Alphabet, Amazon and Apple.
