On today’s episode of Morning Brief, hosts Brian Sozzi and Brad Smith cover a wide range of market topics, including earnings reports, trending stocks, and potential gains in small-cap companies.
The focus is on earnings as McDonald’s (MCD) reports results that fell short of analyst expectations on both revenue and profit. This comes at a crucial time, with 171 S&P 500 (^GSPC) companies scheduled to report this week. State Street senior global macro strategist Marvin Loh joins the show to discuss how these earnings results might impact the broader market.
There is also attention paid to bitcoin (BTC-USD), which is rising after former President Donald Trump made some bullish comments at an industry conference.
The show then turns attention to stock reactions for several trending tickers, including Alibaba (BABA), Abbott Laboratories (ABT), Heineken (HEIA.AS), and ON Semiconductor (ON).
The show concludes with an in-depth analysis of a note from Lori Calvasina, RBC Capital’s US head of equity strategy. Calvasina suggests that small-cap stocks may have an opportunity for short-term gains.
This post was written by Angel Smith
