The Day Ahead is an email and PDF publication that includes the day's major stories and events, analyses and other features. To receive The Day Ahead, Workspace/Eikon users can register at DAY/US. Thomson One users can register at RT/DAY/US. All times in ET/GMT
Netflix is expected to report a rise in revenue in the first quarter as the streaming giant continues to add more subscribers to its lower-priced, ad-supported tier.
Credit card giant American Express is scheduled to report its first-quarter results. Analysts expect higher profit as strong spending offsets the hit from bigger credit loss provisions.
Federal Reserve Board Governor Michael Barr is slated to participate at the State-of-the-Field Conference on Cyber Risk to Financial Stability hosted by the New York Fed and Columbia University's School of International and Public Affairs. (1145/1545)
On the U.S. economic calendar are weekly jobless claims figures and housing data. The Labor Department is expected to report initial claims for state unemployment benefits likely increased 2,000 to a seasonally adjusted 225,000 for the week ended April 12. Continued jobless claims went up to 1.872 million for the week ended April 5 from 1.850 million in the prior week. Separately, housing starts are estimated to have totaled 1.420 million units in March, down from 1.501 million units in February. Building permits last month totaled 1.446 million units, compared to 1.459 million units in February.
UnitedHealth is scheduled to report its first-quarter results before markets open. Investors will closely watch factors that are driving the healthcare giant's medical cost trends and any changes to its 2025 outlook. Any comments about a Justice Department investigation into the company's Medicare billing practices will also be in focus.
IMF Managing Director Kristalina Georgieva is slated to deliver remarks on the global economy ahead of the IMF/World Bank Spring Meetings.
Fifth Third Bancorp's profit for the first quarter is expected to fall when it reports its quarterly earnings as the bank is expected to set aside more funds for potential loan losses.
Insurance broker Marsh & McLennan's first-quarter profit is estimated to rise when it reports its quarterly earnings.
(Reporting by Ananya Roy in Bengaluru: Editing by Tasim Zahid)
((Ananya.Roy@thomsonreuters.com;))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.