Federal Reserve Insights - The Federal Reserve's stance on interest rates and the US economy will be clarified through comments from Jerome Powell and the Summary of Economic Projections (SEP) [2][4] - Key figures to watch include Jerome Powell, Steven Myron, Michelle Bowman, and Christopher Waller, with a focus on potential dissenters within the FOMC [3][4] - The market anticipates a 25 basis point rate cut, with discussions around the possibility of starting quantitative easing following the end of quantitative tightening [5][6] Earnings Reports - Significant earnings reports are expected from major companies such as Adobe, Oracle, Broadcom, Costco, and Lululemon on Wednesday and Thursday [3][7] - Broadcom is highlighted as a key player in the AI sector, with expectations of strong performance despite Nvidia's recent post-earnings decline [7][8] - Lululemon and Costco's earnings will provide insights into the US consumer market [8] Netflix and Warner Brothers Merger - Netflix has won the bid to move forward with the Warner Brothers acquisition, but the deal is expected to face extensive scrutiny and could take a long time to finalize [10][11] - Paramount Sky has launched a $30 all-cash tender offer for Warner Brothers, raising the stakes in the bidding war [12][13] - The enterprise value of Warner Brothers has escalated to approximately $108.4 billion, indicating a competitive environment for the asset [14][16]
Market Getting "Answers" from FOMC, NFLX & PSKY Clash Over WBD