The “Magnificent Seven” is attracting attention, and two of its top members, Meta Platforms (META) and Microsoft (MSFT), are scheduled to announce their third quarter financial results. Investors are looking for signs that big investments are being poured into artificial intelligence efforts. It’s starting to pay dividends.
Several other technology and consumer industry leaders are scheduled to release their quarterly reports later this afternoon. The lineup includes Starbucks (SBUX), Coinbase Global (COIN), DoorDash (DASH), Roku (ROKU), and Robinhood Market (HOOD).
Trending tickers on Yahoo Finance include Super Micro Computer (SMCI), Reddit (RDDT), and Eli Lilly and Company (LLY).
The main guests are:
3:10pm ET – Ryan Detrick, Chief Market Strategist, Carson Group
3:30pm ET – Steve Huffman, Reddit CEO
4:05 PM ET – Aaron Kessler, Seaport Research Partners Senior Analyst, Internet
4:15pm ET – Devin Ryan, Citizens JMP Director of Financial Technology Research
Editor’s note: In the video above, Coinbase’s earnings banner graphic incorrectly lists the company’s revenue. The correct number is $1.2 billion.
