July 24 is shaping up to be a big day for earnings, with five major players across tech, mining, real estate, finance, and exchanges reporting results. Here’s what investors are watching.
Intel (INTC)
- Market Sentiment: All eyes are on Intel’s report under new CEO Lip-Bu Tan. The company’s turnaround strategy and cost-cutting initiatives have stirred cautious optimism, but the Street remains on the fence.
- Earnings Outlook: Analysts are calling for a razor-thin profit of $0.01 per share, with revenue expected to fall about 7% year-over-year.
- Potential Catalysts:
- A margin beat or signs of progress in AI/manufacturing could push shares higher.
- Options markets are bracing for a nearly 8% move after earnings.
- Analyst Views: Most analysts are in “Hold” territory, though some believe the stock could surprise to the upside if PC demand rebounds or the turnaround accelerates.
Newmont (NEM)
- Recent Performance: Newmont has surged to a 52-week high, climbing over 60% year-to-date. The rally is fueled by strong gold prices and solid free cash flow.
- Key Developments:
- The company raised $4B through recent non-core asset sales.
- A new interim CFO has been appointed, not linked to operational concerns.
- Earnings Expectation: EPS expected between $1.01 and $1.15; revenue near $4.8B.
- Risks/Upside: Gold price strength and possible cost guidance improvements support upside potential, though production risks persist.
Digital Realty Trust (DLR)
- Sector Tailwinds: Demand for data centers and cloud infrastructure positions DLR for continued growth.
- Earnings Projections: Expected EPS: $1.73–$1.74; revenue: $1.44B (5–6% YoY growth).
- What’s Driving Buzz:
- Institutional interest remains high.
- Positive long-term outlook thanks to cloud and AI tailwinds.
- Valuation: 6–7% short-term upside; analysts see long-term growth potential.
Ameriprise Financial (AMP)
- Business Momentum: Growth in advisory fees and assets under management continue to support strong results.
- Market Factors: Consistent track record of beating expectations.
- Developments/Risks:
- Tech and hiring costs could squeeze margins.
- EPS expected near $9; revenue at $4.33B (up mid-single digits).
- Industry Context: Broader asset management sector is stable with modest beats and revisions.
Nasdaq (NDAQ)
- Macro Backdrop: Nasdaq benefits from broad tech rally and bullish equity markets.
- Sector Trends: Activity driven by macro forces: AI, tariffs, big data, and index strength.
- Recent Signals: No major headlines this quarter, but strong sector sentiment continues to lift expectations.
- Upside Potential: Steady demand for equity listings and trading revenue support a bullish outlook.
Summary Table
| Symbol | Sentiment / Hype | Key Developments or Risks |
|---|---|---|
| INTC | High volatility, cautious | CEO shift, AI investment, cost focus |
| NEM | Bullish momentum | Gold rally, asset sales, CFO transition |
| DLR | Positive tailwinds | Cloud/AI demand, consistent earnings beats |
| AMP | Steady growth | Rising fees, margin pressures from tech/hiring |
| NDAQ | Market optimism | Index highs, tech strength, macro influence |
Conclusion
The July 24 earnings lineup reflects a mix of sectors moving at different speeds.Intel and Newmont hold the biggest potential for surprise—Intel due to its turnaround efforts and Newmont riding the gold boom.DLR and Ameriprise appear on solid footing for consistent results, while Nasdaq benefits more from overall market momentum than company-specific catalysts.
Expect sharper post-earnings moves from Intel, Newmont, or DLR if results deviate meaningfully from expectations.
