US GDP: Economists anticipate the advance estimate for first-quarter US financial development to be 2.4 per cent, after gross home product expanded by 3.4 per cent within the fourth quarter of 2023.
Microsoft: The world’s largest firm by market worth is predicted to report that earnings rose by 37 cents to $2.82 a share on income that jumped 15 per cent to $60.8bn within the three months to March, in accordance with analysts polled by Reuters. Investors will probably be eager about its synthetic intelligence companies and the brand new know-how’s impact on its cloud section Azure.
Alphabet: Google’s mother or father firm is predicted to report that income elevated 13 per cent to $78.6bn within the first quarter due to an increase in promoting income. Earnings are forecast to rise 29 per cent to $1.51 a share. Investors will probably be eager to be taught extra about its efforts to hurry up its rollout and growth of AI merchandise.
Other earnings: Merck, Caterpillar, Honeywell, Bristol Myers Squibb, Altria, Northrop Grumman, Royal Caribbean Cruises, Southwest Airlines, American Airlines, Harley-Davidson and Hertz are reporting earlier than the bell. Intel, Capital One and Snap are reporting after the bell.
Other financial knowledge: New purposes for unemployment assist within the US are forecast to have edged as much as 215,000 within the week to April 20, in contrast with 212,000 claims the earlier week. Pending house gross sales within the US are anticipated to have elevated 0.8 per cent in March after rising 2.6 per cent in February.
Trump: The US Supreme Court will hear oral arguments to find out whether or not former president Donald Trump is immune from felony costs for actions taken whereas within the White House.