The Q1 earnings season for US stocks officially kicks off this week, with the six major banks leading the charge. Goldman Sachs was the firs
Show More
The Q1 earnings season for US stocks officially kicks off this week, with the six major banks leading the charge. Goldman Sachs was the first to report its earnings before the market opened on the 13th, with Q1 revenue reaching $17.22 billion, a 14% year-over-year increase. JPMorgan, Wells Fargo & Co, and Citi followed on the 14th, with Morgan Stanley reporting on the 15th. Analysts predict that S&P 500 companies' profits may reach a new high since Q4 2021, with trading revenues of the five major Wall Street banks expected to exceed $40 billion. Netflix and Taiwan Semiconductor are set to release their results on the 16th, amid Middle East tensions adding volatility. Who do you think will stand out in this round of the US earnings season? Are you prepared with enough capital?