Big names set to announce Q2 results this week

What is going on here?

PepsiCo and Delta are scheduled to report their second-quarter results this week, giving investors a taste of how their major industries are doing.

What does it mean?

It’s earnings season, and the big players are ready to show their cards. PepsiCo will kick things off on July 11 before the markets open, alongside Delta Air Lines and Conagra Brands. The excitement will continue on July 12, when Citigroup, Wells Fargo and JPMorgan Chase report their quarterly results. Fastenal and Bank of New York Mellon also report that day. These announcements could shed light on the health of the sector and corporate strategies amid the economic volatility.

Why should I care?

For markets: Profits can set the tone.

Earnings announcements act as a reality check for market valuations and investor expectations. Positive surprises can increase warehouse prices, while disappointing results could trigger sell-offs. Look out for JPMorgan Chase and Wells Fargo, whose results could weigh on broader market sentiment.

Bigger picture: Tracking industry trends.

Earnings reports cover industries from consumer goods and airlines to finance. By examining the earnings of companies like PepsiCo and Delta, investors can get a clearer picture of consumer behavior, travel demand and economic health. This helps them make informed investment decisions and understand broader economic trends.