Big Tech earnings, Powell remarks, housing data: What to Watch

00:00 Speaker A

Starting from this earnings front, what to watch, Coca-Cola, General Motors, Google Parent Company alphabet and Tesla, including a huge profit spread. Tesla announced the results for the second quarter on Wednesday and waited for Elon Musk Company to meet the 2nd quarter forecasts. This stems from the stronger sales of the updated model Y, but the last return of President Trump’s big bill of tax loans under a great bill of Big Bill will be able to create difficulties for Tesla. In addition, we will get a comment on the FED President Jerome Powell on Tuesday, taking a look at the Federal Reserve. Powell will make a statement at a banking conference in the morning. This is against the background of the pressure we know to reduce interest rates from President Trump. Chicago Fed President Austin Goolsby said that the independence of political intervention in Yahoo Finans on Friday was absolutely critical. And with new home sales, housing is transported to fresh housing data on Thursday. Cons estimates that this number will rise to 650,000, points to a stronger demand for new homes, and argues that buyers feel more safe about this housing market.