A Week of Fed Speak and Q4 Earnings
Caterpillar(CAT) Zacks Investment Research·2024-02-05 16:41
We enter a new week with the feeling that something like a storm has just passed: the last week of trading brought us a slew of monthly and weekly jobs numbers, as well as a majority on the “Magnificent 7” stocks having reported quarterly earnings. (For a little perspective here, Zacks Director of Research Sheraz Mian recently commented that without the “Mag 7,” calendar Q4 earnings growth would be negative thus far. And this is with only six of these seven companies having yet reported; NVIDIA [(NVDA) ] is ...