Peak week for large technology companies

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Company dynamics

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Welcome to work week.

Due to the coronavirus, this year’s holidays may be weakened, but the earnings season feels almost the same as before. This week we will focus on technology and banking companies. More details are as follows.

July 2021 has become Rocket Month. But we entered the last week. After the battle of the billionaires, it was the turn of the governments this week. The Ariane 5, supported by the European Union, took off again after being grounded. Success will bring relief—this European project has recently been trying to maintain its position as a leader in space exploration—maybe talking about advancing Ariane 6.

In addition to space, there is another race: to vaccinate the world against Covid-19. Monday is the deadline set by the Brussels court for AstraZeneca to fulfill its contractual obligation to provide the first 15 million of the 50 million vaccines ordered by the European Union. AstraZeneca must pay 10 Euros for each dose not delivered.This will not be the end of the matter, because This analysis from the time of the court’s ruling explains.

Simon Stevens will resign as CEO of the UK’s NHS this weekend. I mentioned this because He had lunch with the Financial Times This weekend and This revelatory scoop We are on Friday.

Before going through the company report, I must thank everyone who emailed me very much-in [email protected] -With your friendly comments about the new format for the coming week. Rishi Zaveri, the founder of Lendwise, a postgraduate loan provider, claims to be a reader of the Financial Times “from the beginning”, and he said he appreciates “personality and character.”If you want more or less Please leave a message.

company

This year, the coronavirus has paid off for many dinner parties, but it is not the number one topic at these indoor gatherings: moving. It is expected that more relevant information will be heard in the economic data announcements and company reports this week.

A sort of Real estate sales boom Regarded as a highlight of retail banking Country west And Lloyd. Analysts will focus on whether the increase in the number of mortgage loans is sufficient to offset the decline in consumer borrowing and new business loans.

The Spanish banking giant Santander hopes to benefit from improved performance in the UK. The company is a large mortgage lender, and the booming used car market should benefit its business in the United States and help offset weakness in other countries.The bank has traditionally focused on retail and commercial loans and also hopes to Expansion of its investment banking division.

Earlier this month, Wall Street reported that Nearly record bank income In the upsurge of mergers and acquisitions, private equity acquisitions and capital market issuance. On Wednesday, their European counterparts—Barclays and Deutsche Bank—are expected to follow suit to a large extent. Both companies have experienced a “good” pandemic, because as profits soared in turbulent markets, unresolved questions about the viability of their much-maligned investment banking divisions have been put on hold.

Credit Suisse is an unfortunate story. The Swiss bank was in crisis after two successive scandals: the closure of US$10 billion in funds related to Greensill Capital, and the collapse of Archegos Capital, resulting in a loss of US$5.5 billion.Everyone’s eyes will be focused on Thursday New Chairman Antonio Horta-Osorio, Responsible for guiding this 165-year-old bank through the chaos.

Another major theme of this week’s report calendar will be technology companies.The latest quarterly earnings from large tech companies will highlight The truth that disturbs global regulators expect Pinch their wings: As they profit from the digital dominance gained from the pandemic, leading American technology companies are achieving their strongest growth rates in years.

Wall Street predicts that compared with the same period last year, the total revenue of Apple, Microsoft, Amazon, Alphabet and Facebook will increase by $72 billion in the second quarter. This is a staggering 30% increase. It may not be in line with the breakthrough in the first quarter of this year, when Apple alone reported that sales of its first 5G iPhone increased by 54%, but it still eclipsed other industries.

There may be a bright spot in the latest earnings report: Google and Facebook’s advertising business revenue is expected to grow by 50%, highlighting their dominance in the Internet advertising field, and at this time all types of businesses are increasingly relying on digital channels to reach them customer of.

Economic data

There is a busy data timeline, focusing on consumer confidence, housing prices and unemployment data. In the UK, we will obtain some detailed information about the impact of the coronavirus job retention program from data released by the tax authority HMRC.

Major economic and company reports

Below is a more complete list of company reports and economic data this week.

on Monday

  • Tesla Q2

  • Hasbro Q2

  • Heathrow Airport H1

  • LVMH H1

  • Michelin H1

  • Philips Electronics Q2

  • Ryanair Q1

  • Tata Motors Q2

  • Lockheed Martin Q2

Tuesday

  • US Federal Housing Finance Bureau announces monthly house price index

  • UK National Bureau of Statistics releases data on trade in services

  • 3M Q2

  • AMD Q2

  • Apple Computer Q3

  • Dassault Systèmes Q2

  • German Stock Exchange Q2

  • Croda International H1

  • Letter H1

  • JetBlue Airways Q2

  • Dry H1

  • Mitsubishi Q1

  • Mondelez International District 2

  • Starbucks Q3

  • Telecom Italia Q2

  • Virgin Money third quarter transaction update

  • Vodafone Annual General Meeting

  • Mattel Q2

  • General Electric Q2

  • UPS Q2

  • Thor Q2

  • Microsoft Q4

  • Visa Q3

Wednesday

  • Canada, Monthly Consumer Price Index

  • France, Insee consumer confidence data

  • Facebook Q2

  • Santander Bank Q2

  • Barclays H1

  • BASF Q2

  • British American Tobacco H1

  • Deutsche Bank Q2

  • Fresnillo H1 production report

  • GlaxoSmithKline Q2

  • ITV H1

  • Men’s H1

  • McDonald’s second quarter

  • Nissan Q1 engine

  • Rio Tinto H1

  • Spotify Q2

  • Vivendi H1

  • OMV Q2

  • Ford Motor Company Q2

  • Pfizer Q2

  • Boeing Q2

  • Bristol-Myers Squibb Q2

  • Moody’s second quarter

Thursday

  • United States, second quarter GDP

  • Germany, monthly unemployment data

  • United Kingdom, HMRC Coronavirus Job Retention Program Statistics

  • Airbus H1

  • Amazon Q2

  • Anglo American H1

  • Anheuser-Busch InBev H1

  • ArcelorMittal H1

  • BAE system H1

  • Sabadell Bank Q2

  • BT Group Q1

  • Carrefour H1

  • Cooperative Bank H1

  • Comcast Q2

  • Credit Suisse second quarter

  • Daiwa Securities Group’s first quarter

  • Danone H1

  • Diageo Fengyun

  • Enel Q2

  • Everaz Q2

  • JCDecaux H1

  • Lloyds Banking Group H1

  • MasterCard Q2

  • Pharmaceutical Bank Q2

  • Merck Q2

  • National Express H1

  • Nestle H1

  • Northrop Grumman Q2

  • Orange H1

  • Panasonic Q1

  • the first season

  • Rentokil H1

  • Repsol Q2

  • Royal Dutch Shell Q2

  • Saint-Gobain H1

  • Samsung Q2

  • Sanofi-Aventis Q2

  • Schroder H1

  • Securities H1

  • Smith and nephew Q2

  • Taylor’s Annual General Meeting of Shareholders

  • Telefónica H1

  • Hershey Company Q2

  • Total Q2

  • Veolia H1

  • Volkswagen H1

Friday

  • The European Union and Eurostat’s quick estimate of Eurozone inflation

  • Unemployment data in the European Union and Eurozone

  • Japan, industrial production data

  • UK, national monthly house price data

  • Canada, monthly GDP data

  • Air France KLM H1

  • Banco Bilbao Vizcaya Argentaria (BBVA) Q2

  • Berkshire Hathaway Q2

  • BNP Paribas Q2

  • Caterpillar Q2

  • Chevron Q2

  • Colgate Palmolive Q2

  • Yingji Q2

  • Eni Q2

  • ExxonMobil Q2

  • Glencore H1 production report

  • Hermes H1

  • International Aviation Group (IAG) H1

  • LafargeHolcim H1

  • Mazda Motorcycle Q1

  • Naxi H1

  • Nomura Q1

  • Pearson H1

  • Procter & Gamble Q4

  • Renault Q2

  • Uxin H1

World events

Finally, this is a summary of the key events and milestones of the week.

on Monday

Tuesday

  • I, Ariane 5 launch

  • British Booker Prize finalists announced

  • Britain, the glorious Goodwood Race begins at the Goodwood Racecourse near Chichester

  • Monaco, 45th Annual World Backgammon Championships

Wednesday

Thursday

Friday

  • United States, House of Representatives rises for summer recess

  • Britain, the first night of the prom

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