Reports of a maritime embargo from the Houthis is keeping the Strait of Hormuz in global headlines, says Kevin Hincks, though he expects earnings season to take investors&#x27; attention with Alphabet (GOOGL), Tesla (TSLA), and Intel (INTC) reporting this week. He talks about the importance he sees in the earnings. Kevin also has Boeing (BA) in his sights as new jet orders aim to boost the company&#x27;s revenue stream. ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185 Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7 Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore Watch on DistroTV - https://www.distro.tv/live/schwab-network/ Follow us on X – https://twitter.com/schwabnetwork Follow us on Facebook – https://www.facebook.com/schwabnetwork Follow us on LinkedIn - https://www.linkedin.com/company/schwab-network/ About Schwab Network - https://schwabnetwork.com/about

Importance of GOOGL, TSLA Earnings This Week Amid Strait of Hormuz Uncertainty

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But for some more details on the forces moving the market this morning, I'm now joined by Kevin Hanks live from the CBOE for our Prebell Playbook. Now, so Kevin, futures are pointing to a higher open this morning after last week's pretty substantial tech sell-off. So is this rebound in chip stocks a real reset or just really say a sigh of relief after we saw that crowded trade take a breather last week? Good morning, Jen.

Yeah, we're watching the crude oil markets, obviously. It's been almost $85 this morning. It's been below 80. There's a lot of headlines coming out about crude oil. The latest just a few minutes ago was that Iran-Houthi allies in Yemen declare a maritime embargo on Saudi Arabia. That's got crude oil back up towards unchanged or slightly higher on the day. We'll see how that plays out.

There's rumors of a 10-day ceasefire that may happen after you mentioned nine days of bombing by the U.S. Has crude oil certainly in focus moving last week from $70 to over $80? So we're certainly watching that. But it looks like that the equity markets are focusing more on earnings this week as we start gearing up into full-scale earnings. We'll get big names coming out this week.

Wednesday will be the big day with Alphabet, IBM, Tesla, Texas Instruments. We'll get some more airlines throughout the week. We'll get American Express. That'll come out on Friday. Thursday is still a big day with Intel and Honeywell. So there's the numbers, the volume of earnings starting to pick up with some high-profile names. But it looks like the market is coming off its recent volatility starting the day on the upside, Jen.

Importance of GOOGL, TSLA Earnings This Week Amid Strait of Hormuz Uncertainty

Read the full transcript

The candid version is on a podcast,
not the earnings call.

Importance of GOOGL, TSLA Earnings This Week Amid Strait of Hormuz Uncertainty

Read the full transcript

The candid version is on a podcast, not the earnings call.

The candid version is on a podcast,
not the earnings call.