Apple, Honeywell International And 3 Stocks To Watch Heading Into Thursday
Portfolio Pulse from Avi Kapoor
U.S. stock futures are trading higher, with investor focus on upcoming earnings reports. Apple (AAPL) is expected to report earnings of $2.10 per share on $117.91 billion revenue. QUALCOMM (QCOM) reported strong Q1 results and provided Q2 guidance, but shares dipped slightly. Honeywell (HON) is anticipated to report earnings of $2.59 per share on $9.70 billion revenue. C.H. Robinson (CHRW) reported disappointing Q4 results, leading to a share price drop. Amazon (AMZN) is expected to report earnings of 80 cents per share on $166.21 billion revenue.
February 01, 2024 | 9:39 am
News sentiment analysis
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NEGATIVE IMPACT
C.H. Robinson reported weaker than expected Q4 results, causing its stock to fall.
Poor earnings results often lead to a negative reaction in the stock market, as seen with the after-hours trading drop for C.H. Robinson.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 90
NEUTRAL IMPACT
Honeywell is expected to report earnings, and any deviation from expectations could impact its stock price.
The market is awaiting Honeywell's earnings report, and the stock price could move depending on whether the actual earnings meet, exceed, or fall short of expectations.
CONFIDENCE 70
IMPORTANCE 80
RELEVANCE 70
NEUTRAL IMPACT
QUALCOMM reported better-than-expected Q1 results and provided positive Q2 guidance, but shares saw a minor decline.
Despite the positive report, the slight drop in share price suggests a neutral short-term impact as the market may have already priced in the good news.
CONFIDENCE 75
IMPORTANCE 85
RELEVANCE 80
POSITIVE IMPACT
Apple is expected to report strong quarterly earnings, which could positively influence its stock price.
Positive earnings expectations typically lead to an increase in stock price as investor confidence grows.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 90
POSITIVE IMPACT
Amazon is expected to report earnings, and positive results could boost its stock price.
Amazon's expected earnings report has the potential to positively affect its stock price if the company meets or exceeds expectations.
CONFIDENCE 75
IMPORTANCE 85
RELEVANCE 80