Many large retailers in the United States reported Q1 earnings this week. How will the earnings of retailers like Home Depot and Walmart serve as a bellwether for the current financial landscape? Yahoo Finance has you covered: highlighting the recent Earnings reports of Q1 2024.
The major indexes set all-time highs while many leading stocks flashed buy signals. Walmart and Asian e-commerce giants rallied on earnings.
While Alibaba and other Chinese names could have more near-term upside, don’t expect continued outperformance, says James Reilly, an analyst at Capital Economics,.