Saturday, October 11, 2025
71.7 F
Peshawar

Where Information Sparks Brilliance

HomeTop StoriesCramer's week ahead: Earnings season kicks off with reports from big banks

Cramer’s week ahead: Earnings season kicks off with reports from big banks


CNBC’s Jim Cramer walked investors through next week as Wall Street launches into earnings season, highlighting reports from financial giants including Wells Fargo, Goldman Sachs, Citigroup, Bank of America, Morgan Stanley and JPMorgan.

He acknowledged Friday’s major sell-off but said he doesn’t think the session marks the end of the market’s multi-year rally.

“It’s a wild week, complicated by precipitous decline in Treasury yields, which normally would signal better times ahead,” he said. “But after today, it’s hard to think of anything positive that can happen and a lot of negatives that might definitely happen.”

Cramer noted that Monday marks the beginning of enterprise software giant Salesforce‘s annual conference. He also said he expects some clarity on President Donald Trump‘s plans to issue new tariffs on China. The market soured on Friday after Trump threated a “massive increase of Tariffs” on Chinese products entering to U.S. to counter the country’s expansion of rare earth mineral export restrictions. Friday evening, Trump announced on social media that he would put an extra 100% tariff on imports.

Earnings season kicks off on Tuesday, starting with quarterly results from Blackrock, Wells Fargo and Goldman Sachs. Cramer said all three have had solid runs this year, and they “aren’t exactly in the crosshairs of the trade war.” He suggested Goldman Sachs might have “the biggest upside surprise.” JPMorgan and Citigroup will report that day, and Cramer said he’s optimistic about the results from both banks.

Tuesday also brings earnings from Johnson & Johnson and Domino’s Pizza. Cramer said he expects the pharmaceutical giant to report the best quarter of the sector, but indicated the pizza maker could miss the estimates.

Bank of America, Morgan Stanley and Abbott Laboratories are set to report on Wednesday, and Cramer noted that Morgan Stanley has been surprisingly positive for the last several quarters. He also said Abbott Laboratories is usually reliable.

Wednesday also brings analyst meetings from Salesforce and Dollar Tree. Cramer noted that both companies’ stocks have been under pressure as of late — with Salesforce weighed down by worries about its artificial intelligence offerings and Dollar Tree burdened by new tariffs.

Trucking giant J.B. Hunt and United Airlines are set to report Wednesday, and Cramer said these two could provide a solid read on the economy as investors largely lack economic data due to the government shutdown.

On Thursday, Taiwan Semiconductor, CSX and Charles Schwab will report earnings. Cramer said he expects largely positive figures from Taiwan Semiconductor, which manufactures chips for industry leaders Nvidia and AMD. Cramer said CSX will likely explain its recent leadership shakeup, while Schwab can give insight to retail participation in the market.

Friday brings quarterly reports from American Express and oil giant SLB. Shares of American Express tend to decline right after earnings, Cramer said. He added that management from SLB usually “tells it like it is.”

J.B. Hunt, United earnings should give us a read on the economy, says Jim Cramer

Jim Cramer’s Guide to Investing

Sign up now for the CNBC Investing Club to follow Jim Cramer’s every move in the market.

Disclaimer The CNBC Investing Club Charitable Trust owns shares of Salesforce, Blackrock, Wells Fargo, Abbott Laboratories, Nvidia and Goldman Sachs.

Questions for Cramer?
Call Cramer: 1-800-743-CNBC

Want to take a deep dive into Cramer’s world? Hit him up!
Mad Money TwitterJim Cramer TwitterFacebookInstagram

Questions, comments, suggestions for the “Mad Money” website? madcap@cnbc.com





Source link

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

 

Recent Comments