Apple Among Big-Tech Earnings on Tap This Week
by Karee Venema
Oct 25, 2021
3 minutes
It is going to be a busy stretch for corporate earnings. According to Credit Suisse analysts, there are 316 companies representing nearly three-fifths of the S&P 500's market capitalization set to report over the next two weeks. Included in the bunch are Advanced Micro Devices (AMD, $123.08), Alphabet (GOOGL, $2,754.31), Twitter (TWTR, $61.91), Amazon.com (AMZN, $3,328.86) and Apple (AAPL, $148.98).
"Earnings are coming in better than expected so far," says Savita Subramanian, equity and quant strategist for BofA Securities. "Companies are facing increased cost pressure, but higher sales and operating leverage outweighed cost headwinds."
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