Stocks Analysis by Investing.com (Jesse Cohen) covering: Nasdaq 100, S&P 500, Dow Jones Industrial Average, Microsoft Corporation. Read Investing.com (Jesse Cohen)'s latest article on Investing.com
• U.S. presidential election, Fed FOMC meeting, and more earnings will be in focus this week.Unlock access to InvestingPro for less than $8 a month!)'s strong earnings sparked a rally in the megacap tech stocks, and the market looked past a disappointing jobs report.
The tech company has benefited immensely from booming demand in data centers as cloud providers and AI-driven companies invest heavily in infrastructure upgrades. But as is usually the case, it is more about forward guidance than results. Taking that into account, I reckon Arista CEO Jayshree Ullal will provide a solid outlook for the current quarter as the company continues to benefit from growing demand for its suite of cloud-based networking products and data center solutions.
The retail and healthcare giant, set to release its Q3 earnings before the market opens on Wednesday at 6:30AM ET, has recently seen analyst sentiment turn bearish.
S&P 500 Dow Jones Industrial Average Microsoft Corporation
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