These 2 Stocks Will Make or Break the Market This Week
Earnings season is just about at its peak, and stock market investors have had to balance a number of factors in making their investment decisions. Between macroeconomic factors, the likelihood of yet another Federal Reserve interest rate hike this week, and a host of uncertainties on the geopolitical front, it's no wonder that many market participants are scrambling to figure out what to do next.
Many economists look to consumers to get a sense of what the future will bring, and a couple of key companies in the consumer sector will report their latest financial results this week. Below, you'll learn more about what investors are expecting from coffee giant Starbucks (NASDAQ: SBUX) and travel accommodations platform disruptor Airbnb (NASDAQ: ABNB) this week. What the two companies say could well have an impact on the entire stock market.
Starbucks has been struggling throughout the year. Although the coffeehouse chain has seen its stock price recover more than 20% from its worst levels back in June, it's still down roughly 20% since the beginning of 2022.
Source Fool.com