The weekend will see the opening of Dow Jones futures, S&P 500 futures, and Nasdaq futures, with Berkshire Hathaway reporting its earnings over the weekend as well, followed by their annual shareholder meeting.
Last week, the stock market rally showed strength with the Nasdaq surpassing a key level, largely due to a positive jobs report and the recovery of Apple. Companies like Nvidia, Palantir Technologies, Astera Labs, Arista Networks, Datadog, and Constellation Energy are all gearing up for their earnings reports. This could be a good time to keep an eye on AI-related stocks as they show potential for growth.
Investors are anticipating Berkshire Hathaway’s earnings report, with expectations of increased operating earnings per share and revenue. The focus will also be on Warren Buffett’s investment decisions and the company’s stock buybacks and cash reserves.
As speculation grows, investors will be looking for opportunities in the market rally, with the S&P 500, Dow Jones, and Russell 2000 all moving above their 50-day lines last week. Nvidia stock showed strength by clearing a key buy point, signaling a potential uptrend.
Keep an eye on upcoming earnings reports from companies like Palantir, Datadog, Arista Networks, Astera Labs, and Constellation Energy as they could offer trading opportunities. With the market showing signs of positive momentum, it might be a good time to review your watchlist and consider adding exposure to different sectors. Stay updated with market insights and leading stocks to make informed trading decisions.
