Earnings Season

The local reporting season is entering the final stretch, with Mizrahi Tefahot closing the bank cycle. Against a backdrop of moderate inflation, forecasts for the coming months are worrying, and all eyes are on Nvidia next week.

Once every three months, public companies publish their financial results, flooding investors with hundreds of pages of data. How do you know which indicators matter, when can the bottom line be misleading, and why do even phenomenal results sometimes cause a stock to plummet? Globes sorts it out.

Major investment banks are raising their S&P 500 forecasts one after another. If expectations are met, the index will end the year with a double-digit return for the fourth consecutive time.

Tel Aviv fell yesterday as banks and construction weighed, despite Tower jumping 9.6%. On Wall Street, Nvidia fell on concerns over circular financing deals. Today: the bank earnings season opens and tomorrow the US CPI index. What is expected?

The earnings season on Wall Street presents an unprecedented distortion where giant companies beat forecasts but are punished with sharp price drops, while a massive trading event of billions took place in Tel Aviv.

Four out of seven tech giants are expected to report this week, as markets wait to see if massive investments in artificial intelligence will continue to fuel profits or lead to a painful shake-up in stocks.

Following reports from Google and Tesla that dampened sentiment due to massive AI capital expenditures, the market now faces the Federal Reserve's interest rate decision and earnings from Microsoft, Meta, and Apple, alongside two major Israeli firms.