What we want to see when Capital One and Meta report earnings next week
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.
TL;DR
- Stocks are mixed as the market rotates from AI names into defensive stocks, benefiting the financial and consumer staples sectors.
- Apple's new foldable iPhone Duo has strong pre-order demand, with delivery estimates pushed to early 2027, despite its high price.
- Capital One's earnings report will be scrutinized for its investment spending, which has impacted profits and stock performance.
- Meta Platforms' earnings will focus on investment in its AI agent, Muse, with potential for increased capital expenditures.
- The CNBC Investing Club provides trade alerts and follows specific rules for executing trades in its charitable trust's portfolio.