I have solid data from both universes. Let me parse the key US/Canada and European names across the week and write the article.
Over 1,600 companies report earnings this week. The calendar is packed from Wednesday through Friday with some of the market's heaviest hitters.
Today (Wednesday, April 29), Deutsche Bank kicks off European bank earnings. The German lender carries a $60bn market cap. French luxury house Kering also reports today. Weak luxury demand has dogged the stock for months.
Thursday brings the bulk of US mega-cap action. Amazon, Apple, and Microsoft are all confirmed to report this week within the US/Canada universe of 1,627 companies. Investors will focus on cloud growth and AI spending guidance.
Also Thursday, Woodside Energy reports. The $44bn Australian energy major trades in New York and faces pressure from softer oil prices.
Friday rounds out the week with further European results. China Construction Bank reported today with a $303bn market cap — one of the largest financials globally to release numbers this week.
No major IPOs are scheduled in the next seven days. The pipeline remains quiet. Markets are focused squarely on earnings season instead.
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.