This years’ Q3 earnings report will be published this week, bringing with it, the anticipation of market volatility and exciting new opportunities to trade.
Major tech companies reveal their earnings this week. What should you keep an eye out for?
- Facebook has faced outages and allegations due to a whistle-blower testimony. The tech giants will need to showcase high earnings to gain investor trust.
- Amazon could also be affected by global supply and labour shortages.
- Twitter features the highest estimated volatility within the tech space. There is potential for movements so make sure to analyse the trends.
- Apple has been involved in legal issues and is now required by a judge to permit app developers to offer alternative payment methods, which affects ApplMMie’s commissions’ revenues. However, it is important to note the latest launch of the new iPhone 13 also. This will all play into its stock price movements.
Other earnings being released include Microsoft, Alphabet, Visa, Boeing, Caterpillar, Merck, Newmont and ExxonMobil.
When trading US stocks CFDs, you can short or long these stocks with IC Markets, so there are always opportunities for successful trading! Check out our full range of markets.
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