What will be the main earnings releases for the week starting August 5

Discover the key earnings releases for this week including Berkshire Palantir, Uber, ShopifyDisney, Robinhood and more. Stay informed on major companies reporting financial results.

Greg Michalowski

Friday, 02/08/2024 | 18:33 GMT

Admittedly, this week was the biggest of the quarter with 4 of 7 "Magnificent 7" announcing including Meta, Apple, Amazon and Microsoft.

How did those stocks do this week?

2 up and 2 down, with Amazon the worst performer as they missed on revenues (first miss in over 2 year). They also see less robust growth ahead. A summary of the changes this week and the change from the all-time highs shows:

Meta +4.78%. Shares are down -10.20 from all time highs.
Apple +1.98%. Shares are down -6.4% from all time highs
Amazon, -8.55%. Shares are down -16.62% from all time highs
Microsoft -4.69%. Shares are down -13.21% from all time highs

Last week Alphabet and Tesla reported. Both also declined this week:

Alphabet -1.13%. That comes after a -6% decline last week. Shares are down -13.8% from its high.
Tesla -5.55%. Last week, the stock fell -8.11%. The stock is down -23.32% from the high.

Nvidia does not report until August 28th. However, that has not stopped it from moving sharply lower despite talk of increased capital spending. The stock is down -6.25% this week and down -24.82% from all-time highs.

Next week, the earnings will be led by Uber, Caterpillar, Super Micro Computers, Shopigy, and Disney. Below is the full list of the key releases scheduled.