Q2 earnings season kicks into gear this week. Banks, insurers, and healthcare giants all report between Tuesday and Thursday.
Bank of America opens Tuesday's session with Q2 results before the bell. Bank of New York Mellon and State Street follow on Wednesday and Thursday respectively, rounding out a key week for financials.
Healthcare takes centre stage on Wednesday. Johnson & Johnson — worth $634 billion — reports Q2 results before the open. Short interest sits at just 1.2% of free float. The stock is broadly owned and expectations are high. Elevance Health reports the same morning.
The most closely watched name may be UnitedHealth Group. The $387 billion insurer hosts its Q2 earnings call on Thursday. The company has faced intense scrutiny in recent months. Short sellers hold just 1.9% of free float — a low reading, but investor sentiment remains cautious.
General Electric also holds its Q2 call Thursday. Aerospace demand trends will be front and centre.
In Europe, ABB and Nordea Bank both report H1 results on Thursday. Recruiter Hays kicks things off tomorrow with a Q4 update.
No significant IPOs are confirmed for the coming seven days.
ORTEX Market Intelligence content is generated by AI from a snapshot of ORTEX's proprietary data. Content is informational only and does not constitute investment advice.
