00:00 Speaker A
Time now for to watch Tuesday, April 22nd, sponsored by Tasty Trade and start off here on the earnings front, Tesla announcing first quarter results after the market’s closed. Elon Musk Company, the first of the magnificent seven companies reporting this season. Analysts expecting Q1 to mark the bottom for Tesla with recall and protest headlines signaling a tough quarter. Yahoo Finance will have special coverage of all things Tesla tomorrow with coverage starting at 4:00 p.m. Eastern.
00:30 Speaker B
Sticking with earnings, we’ll be getting some reporting from the defense sector including RTX, Lockheed Martin, and North Grumman. Lockheed announcing first quarter earnings in the morning. Analysts expect the company’s profits to go up this quarter driven by better margins and strong demand for its missiles.
00:45 Speaker A
And finally, more Fed commentary coming in tomorrow from Fed Presidents Patrick Harker, Neil Kashkari, and Tom Barkin. This is coming after last week’s sharp selloff following comments from Fed chair Jerome Powell. Powell saying that the effects of tariffs are moving the Fed away from its dual mandate goal of price stability and maximum employment.