Breaking News
Get Actionable Insights with InvestingPro+: Start 7 Day FREE Trial Register here
Investing Pro 0
Ad-Free Version. Upgrade your Investing.com experience. Save up to 40% More details

Microsoft, Johnson & Johnson, Verizon Earnings: 3 Things to Watch

Stock MarketsJan 24, 2022 21:46
Saved. See Saved Items.
This article has already been saved in your Saved Items
 
© Reuters.

By Dhirendra Tripathi

Investing.com -- Stocks tried to stage a late-afternoon comeback on Monday after the Dow Jones Industrial Average earlier plunged 1,100 points. 

Worries about U.S. entanglement in Russia’s conflict with Russia weighed on markets.

Nasdaq turned positive with half-hour of trading left in the session, after earlier falling more than 4%.

Fears are also being stoked by the Federal Reserve’s regular meeting this week. Though an interest rate increase this week seems unlikely, the central bank has been under pressure to act on inflation, which is running near 40 year highs.

The Fed will release its decision on rates Wednesday afternoon, and then Chair Jerome Powell will have a press conference. Most market watchers expect the first rate hike to come after the Fed’s meeting in March.

NATO said on Monday it was putting forces on standby and reinforcing eastern Europe with more ships and fighter jets in response to Russia's military build-up at Ukraine's borders, Reuters reported.

Here are three things that could affect markets tomorrow:

1. Microsoft earnings

Microsoft Corporation (NASDAQ:MSFT) second-quarter profit per share is seen at $2.31 on revenue of $50.65 billion, according to analysts tracked by Investing.com. People will be listening to what the tech giant says about client activity and cloud services.

2. Johnson & Johnson earnings

Johnson & Johnson (NYSE:JNJ) is expected to report a fourth-quarter revenue of $25.28 billion and profit per share of $2.31. Analysts will be listening for news on its Covid-19 vaccine and the sales outlook.

3. Verizon earnings

Verizon Communications Inc (NYSE:VZ) is seen clocking a revenue of $33.93 billion in its fourth quarter with profit per share coming in at $1.29. Analysts are expecting to hear what the company has to say about its 5G rollout, especially since a small part of it has been delayed because of concerns about aviation being affected by new frequencies.

–Reuters and Investing.com staff contributed to this report

 

Microsoft, Johnson & Johnson, Verizon Earnings: 3 Things to Watch
 

Related Articles

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind: 

  • Enrich the conversation
  • Stay focused and on track. Only post material that’s relevant to the topic being discussed.
  • Be respectful. Even negative opinions can be framed positively and diplomatically.
  •  Use standard writing style. Include punctuation and upper and lower cases.
  • NOTE: Spam and/or promotional messages and links within a comment will be removed
  • Avoid profanity, slander or personal attacks directed at an author or another user.
  • Don’t Monopolize the Conversation. We appreciate passion and conviction, but we also believe strongly in giving everyone a chance to air their thoughts. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Continue with Google
or
Sign up with Email