Coinbase shares dropped yesterday following underwhelming Q2 results, while Disney’s Q3 revenue release this afternoon could present a positive picture to investors.
Firms from the EV, entertainment, and at-home fitness sectors post quarterly results this week. While issues of inflation and supply chain issues affect the economy as a whole, Rivian, Li Auto, Disney, and Peloton’s fortunes are highly divergent.
Major firms in the entertainment, exercise, and ride-sharing sectors are expected to reveal how their last quarter went this week. Traders might be anticipating these quarterly earnings releases to get a sense of where Disney, Peloton, Uber, and Lyft are headed in 2022.
The ‘metaverse’ seems to have quickly made its way into contemporary business discourse, but many investors are unsure what exactly it means, and how this new technology could affect certain key stocks.
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