Catch the Drift

Earnings after the close on August 15, 2023 and before the open on August 16


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As we approach earnings announcements scheduled for after

today's close and before tomorrow's open, Brazilian banks appear to be
outperforming U.S. banks, with Nu Holdings consolidating at a peak.
Concurrently, two retailers are trending in different directions. It's
unsurprising that projections for the two differ too: Target is anticipated to have weak results, while TJX's results are expected to reflect a long-awaited trade-down from the consumer. The surge observed in Coherent isn't due to earnings, but a new laser. The outlook remains modest for their upcoming results. However, if the stock takes a hit, it might present a good buying opportunity, considering that new products typically influence future earnings rather than immediate results.

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Catch the DriftBy Earnings Whispers