@Trader12:Hi all. #reviewday The stock market continues to be on a testing ground: US futures fluctuated between profit and loss on Tuesday morning, Europe and Asia are traded in different directions. Oil Brent +1.04% - $112.13 ✅EVENTS: -begins two-day NATO summit in Madrid. 🛢OPEC will release an annual statistical bulletin on the state of the global energy industry. 11:00 🇪🇺EUR ECB President Lagarde to give a speech 17:00 🇺🇸USD CB Consumer Confidence (June) In the world🌏: 🖨Nike (NKE) reported higher-than-expected earnings results despite sales falling 19% in China, resulting in a 39% drop in apparel sales. Nike shares rose more than 2% during overnight trading before falling 3% on weaker-than-expected revenue guidance. The stock closed on Monday about 38% below its 52-week high. 🏦After the 2022 stress test, the largest US banks announced their capital return plans after the close of trading on Monday: Goldman (GS), Wells Fargo (WFC), Morgan Stanley (MS) and Bank of America (BAC) will increase dividends for third quarter . 📍Tesla (TSLA) will announce Q2 sales later this week. Analysts polled by FactSet expect Tesla to deliver 273,000 vehicles in the second quarter (ranging from 249,000 to 323,000.) As a reminder, Tesla delivered 310,048 vehicles in the first quarter. 📍FedEx (FDX) is holding investor and analyst meetings for two days in Memphis. 🇺🇸S&P Dow Jones Indices releases CoreLogic Case-Shiller National House Price Index for April. House prices are expected to rise 21% year-on-year, surpassing March's record 20.6% rise. House price increases are likely to have peaked. Almost all forward indicators point to the fact that the housing market is cooling significantly. 📍Shopify (SHOP) 10 to 1 stock split will take effect at the end of the trading day. 📍Hewlett Packard Enterprise (HPE) will host a three-day HPE Discover investor conference. Director General Antonio Neri will deliver a keynote address. 📍The WWD Metaverse Symposium will bring technology companies, beauty and fashion industry executives together to discuss opportunities in the Metaverse. Speakers will include representatives from Roblox (RBLX), Nike (NKE), Accenture (ACN), Meta Platforms (META). Avalara inc. (AVLR) will host a "Virtual Analyst Day" event. 📍JD Power 2022 US Initial Quality Study on automotive brands will be published. The study will include Tesla (TSLA) for the first time in the industry. 🖨National Beverage ( FIZZ ) soft drink manufacturer - report. EPS Consensus: $0.43 Revenue: $285.90M 📈 Yield on 10-year Treasury bonds 3.17%; Bitcoin: $20729 Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
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