Cramer Looking ahead to next week: The earnings season kicks off, and banks and chip stocks face a major test
CNBC
58m ago
Ai Focus
As indicated by Jim Cramer of CNBC, once next week's financial reporting season begins, investors will have a clearer understanding of corporate performance as well as the strengths and weaknesses of artificial intelligence transactions. Companies such as Goldman Sachs, Wells Fargo, JPMorgan Chase, Citibank, Johnson & Johnson, ASML, Bank of America, Morgan Stanley, Blackstone, TSMC, and Credit Suisse will all release their financial results or hold events. Cramer also reminds that rising bond yields remain the main risk.
Helpful
No.Help

As stated by Jim Cramer of CNBC, the start of next week's financial reporting season will enable investors to gain a clearer understanding of corporate performance, as well as the strengths and weaknesses of artificial intelligence trading.

"There's no need to guess anymore," said the host of "Mad Money," "we are about to enter the vast financial reporting season, so we don't need to focus on every small data point to decide where to invest our money in the market."

On Friday, the tech sector led the gains, and U.S. stocks rose. Previously, traders rebounded from a volatile trading week that was affected by rising U.S. Treasury yields and oil prices, as well as declines in artificial intelligence stocks. Against this backdrop, Cramer is looking ahead to next week: large banks will kick off the earnings season alongside key semiconductor companies' financial reports and inflation data.

Companies that will release their financial results on Tuesday include Goldman Sachs, Wells Fargo, JPMorgan Chase, and Citibank. Cramer indicates that bank stocks have been weak recently, and if the results exceed expectations, it could pave the way for a rebound.

He remains optimistic about his charitable trust's holdings in Goldman Sachs and Wells Fargo. He said that Goldman Sachs' strength in bond issuance and trading may offset the impact of a slowdown in mergers and acquisitions; whereas Wells Fargo has an attractive valuation and potential for improvement in its indicators, making it particularly worth paying attention to.

As for JPMorgan Chase, Cramer is more cautious. He said that the pricing of this stock already reflects nearly perfect execution; as for Citibank, he hopes to see it rebound.

Club Holder Johnson & Johnson will also release its earnings on Tuesday. Cramer said that this stock tends to be sold off even when the fundamentals are strong during earnings conference calls, which creates potential buying opportunities. "Johnson & Johnson has 18 potential blockbuster drugs in its pipeline and one of the best businesses in the industry in the areas of cardiovascular and oncology; it's time to buy when the stock price is depressed," he said.

The Consumer Price Index will be released on Wednesday morning. Cramer hopes to see signs that inflation in areas other than energy is slowing down from it.

Semiconductor equipment manufacturer ASML will also announce its financial results. “If ASML raises its guidance and mentions strong demand, then you should be prepared to buy some shares of Lam Research or Applied Materials; they are two of my favorite semiconductor capital equipment stocks,” he said.

On Wednesday, financial companies that released earnings reports included Bank of America, Morgan Stanley, and Blackstone. Cramer is particularly optimistic about Morgan Stanley's continuously expanding wealth management business, believing that this provides an important source of growth for them beyond investment banking.

Thursday could be the most important day for semiconductor stocks, as chip manufacturer TSMC will announce its financial results. "If the results are strong, then we might see a huge rebound," says Cramer.

Also released on Thursday, producer price index and retail sales data will provide new clues regarding inflation and consumer spending.

Brokerage firm Charles Schwab will also release its financial results and hold an analyst meeting on Thursday. Cramer indicates that these events may help to reveal the growing influence of individual investors in the market.

Despite a busy financial reporting schedule, Cramer warns that rising bond yields remain the main risk.

"We have financial reports to consider, and we also have to worry about oil prices. Moreover, we must start to accept the fact that due to funding needs, whether from the Ministry of Finance or private enterprises, mainly for data center investments, the yield on long-term government bonds will rise above 6%," said Cramer. "When it comes to bonds, there is currently too much supply and not enough demand. This is affecting everything; as interest rates inevitably continue to rise, we must face the difficulty that the market will encounter."

Register now for CNBC Investing Club, and follow Jim Cramer in every step of the market.

Have questions to ask Cramer?

Call Cramer at: 1-800-743- CNBC

Want to learn more about the world of Cramer? Get in touch with him!

Mad Money Twitter - Jim Cramer Twitter - Facebook - Instagram

Have any issues, comments, or suggestions regarding the website Mad Money? madcap @ cnbc.com

Tip
$0
Like
0
Save
0
Views 27
HQYC reminds readers to view blockchain rationally, stay aware of risks, and beware of virtual token issuance and speculation. All content on this site represents market information or related viewpoints only and does not constitute any form of investment advice. If you find sensitive content, please click“Report”,and we will handle it promptly。
Submit
Comment 0
Hot
Latest
No comments yet. Be the first!
Related
Vinci Compass to Release Third Quarter Earnings and Hold a Conference Call After the Market Close on November 12, 2026
Vinci Compass Investments Ltd announces that it will release its financial results for the third quarter of 2026 after the close of U.S. markets on Thursday, November 12, 2026, and will hold a conference call at 5 p.m. Eastern Time on the same day via Zoom. The company stated that as of June 2026, the scale of its managed and advisory assets amounted to 361 billion reais.
PR Newswire
·2026-10-10 06:17:04
39
U.S. stock futures rise slightly; after being impacted by the financing details of OpenAI, Wall Street shows divergent trends
U.S. stock futures rose slightly after mixed gains and losses on Wall Street the previous trading day. The Nasdaq fell due to financial details of OpenAI putting pressure on AI related stocks, while the S&P 500 and Dow Jones had divergent performances; futures moved slightly higher after the market closed, and oil prices rose significantly.
Businessinsider
·2026-10-10 05:58:40
38
Non-text AI model Jev developer TypeSafe AI raises $870 million with a valuation of $7.5 billion
TypeSafe AI raised $870 million in financing for its new AI model Jev, with a post-investment valuation of $7.5 billion. This round of financing was led by Andreessen Horowitz, with Sequoia and existing investors DCVC also participating. The company stated that Jev became popular rapidly just a few weeks after its release, and one-third of the Fortune 500 companies are already using it.
TechCrunch
·2026-10-10 05:46:37
38
Alex Mashinsky Reaches Settlement with New York State, Banned from Entering the Crypto Industry for Life
The former CEO of Celsius, Alex Mashinsky, has reached a settlement with the New York State Attorney General's Office and will be barred for life from entering the cryptocurrency, securities, and commodities industries. According to the agreement, he may also face conditional payments of up to $35 million; meanwhile, he had previously pleaded guilty in a federal case and was sentenced to 12 years in prison.
crypto.news
·2026-10-10 05:38:36
39
View More