When is Google's stock split? Alphabet, the parent company of Google, will make the 1:20 split on July 15…
PepsiCo, Citi, BAC reporting - results preview
PepsiCo: better than the forecast
The EPS of $1.21 beats the expectation of $1.12; the revenue of $14.82bln beats the expectation of $14.55
The figures brought by PepsiCo are better than observers thought so the move will be likely bullish for this stock. However, the difference between the forecast and the actual data is not that big, that's why bulls won't be likely to push it much - most probably, the stock will rise above the 50-MA into the channel $143-145.
Bank of America: impressively good
The EPS of $0.86 beats the expectation of $0.66; the revenue of $22.9bln beats the expectation of $22.1bln.
The Bank of America's data by far exceeded the expectation, so bulls will likely push the price above the all-time high of $40.30 which is just 1% away from the last price when the market closed yesterday - $41 may be a possible target.
Citigoup: unexpected success
The EPS of $3.62 beats the expectation of $2.24; the revenue of $19.3bln beats the expectation of $18.82bln.
For Citigroup, most observers expected a pretty weak performance. Now, as the bank reports stronger data, its stock may well surge above the local highs of $74.25 and pick up a new uptrend towards $76.00.
The bullish movement in the stock market is gaining speed, and Bitcoin ETFs are closer than they might seem. What do we need to know for the next trading week?
On Wednesday, September 22, Microsoft will be holding a product launch. The event starts at 18:00 GTM + 3.
The Reserve Bank of Australia (RBA) will make a statement and release a Cash Rate on February 7, 05:30 GMT+2. It's among the primary tools the RBA uses to communicate with investors about monetary policy.
This week may be the most important since the year started as the Fed assess the economic outlook and the US presents fresh NFP readings.
S&P Global, a private banking company, will release a monthly change in British Flash Manufacturing Purchasing Managers Index (PMI) on January 24, 11:30 GMT+2. The index is a leading indicator of economic health as businesses react quickly to market conditions, and purchasing managers hold the most current and relevant insight into the company's view of the economy.