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Wall Street Breakfast

Wall Street Breakfast: The Week Ahead

Wall Street Breakfast

Seeking Alpha

Business, Investing, Business News, News

3.8950 Ratings

🗓️ 23 October 2022

⏱️ 9 minutes

🧾️ Download transcript

Summary

Analysts are cautiously optimistic over upcoming earnings reports from tech giants Apple (AAPL) and Amazon (AMZN). Intel (INTC) is setting its self-driving subsidiary Mobileye (MBLY) free in a major IPO offering. And, renewable energy could account for 35% of power generation in the U.S. by 2030… how will big oil companies fair?

Transcript

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0:00.0

Welcome to Seeking Alpha's Wall Street Breakfast, your daily source of market news and analysis.

0:06.0

Subscribe to this podcast on Apple Podcasts, Spotify or Stitcher.

0:10.0

Good morning. Today is Sunday October 23rd. Welcome to this edition of

0:14.8

Wall Street breakfast. I'm Lauren Izo. Coming up on today's show. Analysts are cautiously optimistic over upcoming earnings reports from tech giants, Apple and Amazon.

0:27.0

Intel is setting its self-driving subsidiary, Mobile Eye free in a major IPO offering and renewable energy could account for

0:36.3

35% of power generation in the US by 2030. How will big oil companies fare?

0:44.0

But first, before we get to our top stories, let's take a look at what's expected in the markets this week.

0:50.0

Earnings reports will pour in at warp speed with every sector sending in heavyweights to spill their numbers.

0:57.0

Blockbuster reports from Apple, Amazon, and Microsoft will give investors a positive break from the unrelenting inflation and interest rate news cycle.

1:07.0

Meanwhile, Intel's spin-off, Mobile, is also expected to generate plenty of buzz.

1:13.6

Alon Musk's acquisition of Twitter is closing in on its deadline date of October 28th,

1:19.2

with plenty of drama still in the mix.

1:22.4

Let's get to our top stories. Starting with the upcoming

1:26.2

Apple earnings report, there's a sense that an earnings beat and solid guidance could

1:31.0

calm not only the tech sector but the broader market.

1:35.0

Analysts are constructive on Apple based on recent trends, including stable production for iPhones,

1:41.0

iPads, and Macs, despite signs of deteriorating consumer hardware spending intentions.

1:47.0

Morgan Stanley said its latest checks indicated that iPad and Mac should grow above normal seasonality during the quarter. that

1:55.0

I Apple catches up to past component shortages

1:59.0

that limited iPad and Mac sell-in.

2:01.0

The trajectory of services growth for Q4 and the gross margin

2:05.8

guidance are called out by the firm as important in looking at which direction

...

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