3 Things to Watch in the Stock Market This Week
Stocks edged lower last week to leave both the S&P 500 (SNPINDEX: ^GSPC) and the Dow Jones Industrial Average (DJINDICES: ^DJI) near record territory and up sharply this year with just a few weeks left in 2019.
Third-quarter earnings season will continue to grab headlines in the week ahead, and below we'll look at the metrics that could send shares of Ambarella (NASDAQ: AMBA), Best Buy (NYSE: BBY) and Autodesk (NASDAQ: ADSK) moving over the next few trading days.
The bar has been set high for Ambarella's earnings report on Monday. It could be the first time in over a year that the video tech specialist posts rising sales, year over year. The company is pivoting away from its prior focus on the consumer technology that went into sports cameras and drones and toward what management sees as more sustainable bets in emerging areas like artificial intelligence
Source Fool.com
