Big Tech Earnings & Fed Decision Loom 01/24/26
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Big Tech Earnings & Fed Decision Loom 01/24/26
Key Stories:
- Mag 7 earnings season is heating up, with a wide array of results expected from major tech players like Microsoft, the software giant; Meta Platforms, parent company of Facebook and Instagram; Apple, the iPhone maker; and Tesla, Elon Musk’s electric vehicle company. These reports are set to provide crucial insights into consumer spending and corporate profitability. Alongside these heavy hitters, the market is also laser-focused on the Federal Reserve’s latest interest rate decision, followed by a press conference with Chairman Jerome Powell. Investors will be scrutinizing every word for clues on future monetary policy, making the upcoming week a pivotal one for market direction and investor sentiment. Read more
- Shifting gears to a specific company, SLB N.V., the global oilfield services provider, is gearing up to release its fourth-quarter earnings. The report is due out before the opening bell on Friday, January 23rd. Analysts are projecting fourth-quarter earnings per share of 74 cents, which would mark a decrease from 92 cents per share reported in the same period last year. However, the consensus estimate for revenue is holding strong at $9.55 billion, an uptick from $9.28 billion in the year-ago quarter. Adding to the pre-earnings buzz, Stifel analyst Stephen Gengaro recently reiterated a Buy rating on SLB, also boosting his price target, signaling continued confidence in the company’s prospects ahead of its critical report. Read more
- In the fast-evolving world of artificial intelligence, legal AI giant Harvey has just announced a strategic acquisition, taking over the legal tech startup Hexus. This move underscores the intensifying competition within the legal technology sector. Hexus founder and CEO Sakshi Pratap, who brings a wealth of experience from previous engineering roles at tech titans like Walmart, Oracle, and Google, confirms that her San Francisco-based team has already integrated into Harvey. Furthermore, Hexus’s India-based engineers are set to join once Harvey establishes a new office in Bangalore, indicating a significant expansion of operations and talent for the combined entity as they aim to lead the innovation charge in legal AI. Read more
- Finally, we turn our attention to the healthcare sector, where Elevance Health, one of the nation’s largest health insurance providers, is nearing its fourth-quarter 2025 earnings release. The market will be closely watching how the company’s revenue growth stacks up against rising operational expenses, particularly from digital investments and increasing benefit costs, which could impact profit margins. On the stock performance front, Elevance Health’s shares, currently trading around US$371.06, have shown resilience with an 8.1% return over the last month and an 8.4% return over the past three months. However, the company has experienced a 5.7% decline in its total shareholder return over the past year, highlighting the pressures it faces as investors await clarity on its financial health. Read more
Keywords: AAPL, ELV, EPS, Elevance Health, Federal Reserve, Harvey, Hexus, Jerome Powell, M&A, META, MSFT, Q4 earnings, SLB, Stifel, TSLA, acquisition, artificial intelligence, cost pressures, earnings season, energy sector, health insurance, healthcare sector, interest rates, legal AI, legal tech, oilfield services, revenue outlook, share price, tech earnings