India Earnings Set to Outperform China on Domestic Growth and Tariff Edge
Helped by a more favorable domestic economy and bets the country will better navigate global trade tension, Indian earnings estimates have been revised up 3.8% since March, while those for China are down 3.4%, according to Bloomberg Intelligence data.
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Yahoo
an hour ago
- Yahoo
What To Expect in Markets This Week: Tesla, Google Lead a String of Big Earnings Reports
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Consumer and industrial goods makers are also set to report, along with energy and health-care companies. New and existing home sales data for June will give insight into whether poor sales continue in the housing market. Read to the bottom for our calendar of key events—and one more thing. Tesla, Alphabet Lead Packed Earnings Calendar Tesla's (TSLA) report, due Wednesday, comes amid headlines about analyst downgrades, declining sales, and executive departures at the EV maker, whose shares have slid close to 20% this year. UBS analysts recently said the company's shares were "fundamentally overvalued." The EV maker has reported weakening sales, especially in Europe, while recently unveiling its long-awaited robotaxi system. Musk has continued to spar with President Donald Trump, even suggesting that he might create a new political party. Google parent Alphabet (GOOG) is also lined up to report Wednesday. Investors will be looking for updates on the search giant's AI plans. Intel's (INTC) scheduled earnings release the next day comes amid layoff announcements for the struggling chipmaker, while new CEO Lip-Bu Tan considers a shift in the manufacturer's contract chip-making business. GE Vernova (GEV) earnings could give insight into the energy demands of new AI facilities. Verizon (VZ) may show signs of improving its subscriber base when it reports on Monday; AT&T (T) is also scheduled to report this week. Coca-Cola (KO) and General Motors (GM) earnings could provide insight into how tariffs are affecting U.S. businesses. HCA Healthcare (HCA) closes the week with earnings set for Friday as the hospital operator grapples with a data breach. Home-Sales Data May Reflect Market Struggles Home sales have languished under elevated mortgage rates, high housing prices, and limited inventory. While existing home sales improved in May, the annual sales level of about 4 million still hovered near historically low levels. Investors will be watching to see if Wednesday's release of June data shows any improvement. The next day, new home sales data is set to be released; that piece of the housing market has produced improved results on greater inventory levels. Investors will also be following initial jobless claims on Thursday. Durable goods orders, due Friday, provide a barometer for the manufacturing sector. Scheduled remarks from Fed Chairman Powell and Gov. Bowman on Tuesday are part of a Fed banking conference. They occur during the blackout period before the Fed's next meeting, so they may avoid addressing interest rates. OpenAI CEO Sam Altman is also expected to speak at the event. Quick Links: Recap Last Week's Trading | Latest Markets News This Week's Calendar Monday, July 21 Leading economic indicators (June) Key Earnings: Verizon, NXP Semiconductors (NXPI), Roper Technologies (ROP), Domino's Pizza (DPZ) Tuesday, July 22 Federal Reserve Chair Powell and Gov. 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Investopedia's Elizabeth Guevara looked at how the budget legislation will change tax benefits for many filers, including those making tips, earning overtime pay, or paying interest on auto loans. Read more here. Read the original article on Investopedia Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
USA Today
an hour ago
- USA Today
Bad Bunny is making Puerto Rico the hottest trip of 2025
When we talk about tourism trends, we usually focus on airlines, prices and algorithms. But what if the most significant driver of travel to a destination wasn't an ad campaign or a seasonal super deal, but its people represented by an artist? That is precisely what's happening in Puerto Rico. Bad Bunny's residency, "No me quiero ir de aquí," in San Juan, is not only breaking records in sales and attendance, but has become one of the most powerful economic and cultural catalysts the island has seen in recent years. Its impact is not anecdotal: according to an analysis by Moody's Analytics cited by Bloomberg, Puerto Rico is defying the tourism slowdown that many markets in the United States are experiencing. While hotel occupancy in several U.S. cities has decreased, in Puerto Rico it has increased. And it's no coincidence. While the World Travel & Tourism Council projects a loss of $12.5 billion in international travel spending this year in the United States, Puerto Rico is headed in the opposite direction. According to Discover Puerto Rico, the island recorded a 25% increase in hotel occupancy in the first quarter of 2025 and an 11% growth in lodging revenue, compared to the same period last year. At a time when the global tourism economy is showing signs of cooling, Puerto Rico stands out as an example of how culture can become a real economic engine. The experience is worth it The Puerto Rican economy, historically tied to the ups and downs of the U.S. economy, rarely grows on its own. But this time, there is a cultural factor that is tipping the balance: identity. Bad Bunny's new album, in addition to being a musical phenomenon, is a declaration of principles – a love letter to his homeland. From the lyrics to the visual promotion, the artist has made it clear that traveling to the island is more than tourism: it is an experience, it is pride, it is connection. Those of us who work in the travel and digital content industries need to reflect. For years, the equation seemed simple: look for the cheapest fare, even if the trip was mediocre. But the consumer has evolved. Today, more than ever, it wants to save, yes, but without sacrificing what really matters: experience. Travel should be transformative, not transactional. Travelers want to get to know a country, not just visit it. They want to savor its cuisine, understand its history, and walk its streets with local music in the background. Bad Bunny has organically created that with his music and platform. It has turned Puerto Rico into an emotional desire, not just a geographical destination. At a time when so many tourism markets are facing decline, Puerto Rico is teaching us a powerful lesson: culture drives the economy. Authenticity isn't just good for the soul; it's also good for hotels, restaurants, and airlines. The future of tourism is not measured only in hotel occupancy or the number of flights. It is also measured in songs, in identity, in how a place makes us feel. That's why, when we hear about Bad Bunny, let's remember that his impact goes far beyond reggaeton: he's redefining how and why we travel. Wilson "Wil" Santiago Burgos is the founder of one of the largest travel platforms in Puerto Rico and the Latin American market in the U.S.
Washington Post
an hour ago
- Washington Post
U.S. citizen who works for Commerce Dept. ensnared in Chinese exit ban
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