Description

A slight breeze of caution is sweeping through equity markets ahead of major earnings reports from tech giants and a series of crucial indicators for the direction of US monetary policy. Microsoft, Alphabet, Visa, Nestlé, PepsiCo, McDonald's, Whitbread, and Novartis are just a few names on today's earnings release calendar, indicating a busy day in the financial markets. As usual, tech companies, which are closely watched by investors, will announce their performance after the US market closes. It's somewhat like a long-distance showdown between ChatGPT and Bard, as experienced observers may have noticed, at a time when artificial intelligence is becoming increasingly prevalent. It is the case at MarketScreener, where our engineers have been working for months on how to replace or assist us in our jobs, my team and I are feeling the impact.