It's a huge week for earnings... Boeing, Facebook, Tesla:
The chief executives of Boeing Co., Facebook Inc. and Tesla Inc. are all being targeted by government agencies amid difficulties, and their top executives are about to hand the microphone down the line to one another to talk about it.About 30% of S&P 500 SPX, +0.10% index components are projected to announce earnings this week, a rush of hundreds of reports that reveal results from the calendar first quarter.
Social skills Two social-media companies with user-growth issues hoping to capitalize on Facebook’s foibles will bookend Tuesday’s slate, with Twitter Inc. TWTR, -0.03% in the morning and Snap Inc. SNAP, -1.20% after the bell.Snap will be looking to justify its recent stock surge, with shares up more than 100% so far this year amid analyst enthusiasm and new feature introductions.
Tele-calm Telecommunications providers benefited from a light promotional environment at the start of the year, which means less talk of subscriber dynamics and more talk of long-term road maps this earnings season. Verizon Communications Inc. VZ, +0.58% and AT&T Inc. T, +0.16% have adopted divergent strategies lately and management should give progress updates. For Verizon, this means more information about its 5G rollout. For AT&T, look for commentary on debt reduction.
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