Tag: Week

What to know in the week ahead

Investors this week will look ahead to a packed calendar of events, including multiple days of congressional testimony for Federal Reserve Chair Jerome Powell, Tesla’s inaugural battery technology event, and a handful of closely watched corporate earnings results and economic data releases.

Questions around the need for fiscal support amid the ongoing coronavirus pandemic will likely be directed to both Powell and Mnuchin. Powell has continuously contended that both fiscal and monetary policy would be needed to ensure a robust economy recovery, while acknowledging that the contents of any further fiscal coronavirus relief legislation fall under Congress’s purview.

“The Fed … Read more

Will Amkor Technology (AMKR) Report Negative Earnings Next Week? What You Should Know

The market expects Amkor Technology (AMKR) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2020. This widely-known consensus outlook is important in assessing the company’s earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.

The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on July 27. On the other hand, if they miss, the stock may move lower.

While the sustainability of the

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