Monday April 17th kicks off a big week for investors. Netflix (NFLX) reports earnings after the markets close on Tuesday. There’s a big shakeup underway in the entertainment streaming business and Netflix investors are hoping hit shows like “Beef” will keep subscriber numbers growing. Tesla (TSLA) is set to release its financial results after the close on Wednesday. We’ll see how Tesla’s profit margins are being hit by Elon Musk’s EV price war. Big banks report results with Goldman Sachs (GS) and Bank of America (BAC) sharing their quarterly reports this upcoming week.
We’ll get the latest housing numbers on Tuesday with Housing Starts and Building Permits. The market for new home-building is expected to soften again. On Thursday we’ll get the latest Existing Home Sales numbers.
Tuesday April 18th is the deadline for filing your federal and state taxes. Because of severe winter storms, most of California and parts of Alabama and Georgia get an automatic extension until mid-October.
Key video moments:
00:00:15 Netflix earnings
00:00:30 Tesla earnings
00:00:45 Big bank earnings
00:01:08 Tax deadline
Video Transcript
BRAD SMITH: It’s a big week ahead for investors, lots of earnings news. Of course, you’ve got the latest check on the health of the housing markets and your taxes. Here’s what you need to know. There’s a big shake-up underway in the entertainment streaming business, and investors are hoping that hit shows like “Beef”–
[MUSIC PLAYING]
– Let’s make it stop.
BRAD SMITH: –will keep Netflix subscribers sticking around longer. The streaming giant reports earnings after the close on Tuesday. Another big earnings report to watch is Tesla. The company is set to release its financial results after the close on Wednesday, and we’ll see whether Elon Musk’s aggressive price cuts are hitting Tesla’s profit margins.
After recent volatility in the banking sector, many of the big banks kick off earnings season as well. Stay updated with Yahoo Finance, as Goldman Sachs and Bank of America share their quarterly results. We’ll get the latest housing numbers on Tuesday, with housing starts and building permits. The market for new homebuilding is expected to soften again.
And on Thursday, existing home sales come through. And Tuesday, the 18th, is the deadline for filing your federal and state taxes. But because of severe winter storms, most of California and parts of Alabama and Georgia, they get an automatic extension until mid October.
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