Week 4 Earnings Sneak Peek Is Here: HRB, U, FVRR By Andy Swan |
| Every week is important in the stock market because it offers new opportunities to make money, but this week holds particular significance because of the much-anticipated release of the April Consumer Price Index (CPI) on Wednesday. Expectations are for CPI to report in at 5%, with core CPI (food and energy prices excluded) coming in at 5.4%. The numbers will show whether the Fed's fight against inflation is working and interest rate hikes can be paused and eventually slashed... or if inflation is still running wild and the Fed has more work to do. So, any results that don't conform to expectations – good or bad – could send stocks on a wild ride. Fortunately, with our proprietary social media data, we already have a "sneak peek" into what consumers are saying about certain companies and how they may perform on their own merit. 📅 Earnings Headliners This Week (May 8 – 12, 2023) - H&R Block (HRB) Reports Tuesday, May 9
- Unity Software (U) Reports Wednesday, May 10
- Fiverr (FVRR) Reports Thursday, May 11
Here's what to expect for each company... Continue Reading Online Until next time, |
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Andy Swan
Co-Founder, Derby City Insights |
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