What we want to see when Capital One and Meta report earnings next week
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.
Next week's earnings reports from Capital One and Meta are expected to provide insight into the current state of consumer spending and the digital advertising market.
Capital One's report will be closely watched for signs of consumer credit health, as the company's data on credit card spending and delinquencies can serve as a bellwether for the broader economy. With concerns about a potential recession and rising interest rates, investors will be looking for any indication that consumers are starting to feel the pinch.
Meta's report, on the other hand, will be scrutinized for updates on the company's digital advertising business, which has been under pressure in recent quarters due to increased competition and changes in user behavior. Investors will be watching to see if the company can continue to grow its ad revenue and maintain its dominance in the social media space, and what guidance it provides for the rest of the year.
Originally reported by cnbc.com. FundingWire adds analysis for finance & markets readers.