What to Expect in the Week Ahead (AAPL, MSFT, AMZN, KO)

It's the thick of third-quarter earnings season, with more than 150 $S&P 500 Index (.SPX.US)$ companies scheduled to report this week. They include the Big tech giants and many industry bellwethers. Economists will be watching for the first official estimate of third-quarter U.S. economic growth following two quarters of contraction to start the year.

$Discover Financial Services (DFS.US)$ will kick off earnings on Monday, followed by a busy Tuesday: $Alphabet-A (GOOGL.US)$, $Microsoft (MSFT.US)$, $3M (MMM.US)$, $Coca-Cola (KO.US)$, $General Motors (GM.US)$, $Texas Instruments (TXN.US)$, $United Parcel Service (UPS.US)$, and $Visa (V.US)$ all report.

On Wednesday, $Meta Platforms (META.US)$, $Boeing (BA.US)$, $Ford Motor (F.US)$, $The Kraft Heinz (KHC.US)$, and $ServiceNow (NOW.US)$ will present results. $Apple (AAPL.US)$, $Amazon (AMZN.US)$, $Comcast (CMCSA.US)$, $Intel (INTC.US)$, $McDonald's (MCD.US)$, $Merck & Co (MRK.US)$, and $T-Mobile US (TMUS.US)$ report on Thursday, then $Chevron (CVX.US)$ and $Exxon Mobil (XOM.US)$ close the week on Friday.

$Cadence Design Systems (CDNS.US)$ and $Discover Financial Services (DFS.US)$ report quarterly results. S&P Global releases its Manufacturing and Services Purchasing Managers' Indexes for October. Consensus estimates are for a 51.8 reading for the Manufacturing PMI and a 49.7 for the Services PMI. This compares with 52 and 49.5, respectively, in September.

Big Tech headlines a crucial week of earnings as stocks look to rally into year end. $Alphabet-A (GOOGL.US)$ and $Microsoft (MSFT.US)$ report after the close, followed by $Meta Platforms (META.US)$ on Wednesday, and $Amazon (AMZN.US)$ and $Apple (AAPL.US)$ on Thursday.

$3M (MMM.US)$, $Archer Daniels Midland (ADM.US)$, $Biogen (BIIB.US)$, $Coca-Cola (KO.US)$, $Enphase Energy (ENPH.US)$, $General Motors (GM.US)$, $Novartis AG (NVS.US)$, $Texas Instruments (TXN.US)$, $United Parcel Service (UPS.US)$, and $Visa (V.US)$ release earnings. S&P CoreLogic releases the Case-Shiller National Home Price Index for August.

$Automatic Data Processing (ADP.US)$, $Boeing (BA.US)$, $Boston Scientific (BSX.US)$, $Bristol-Myers Squibb (BMY.US)$, $Ford Motor (F.US)$, $EQT Corp (EQT.US)$, $The Kraft Heinz (KHC.US)$, and $ServiceNow (NOW.US)$ announce quarterly results.

$Altria (MO.US)$, $Comcast (CMCSA.US)$, $Gilead Sciences (GILD.US)$, $Intel (INTC.US)$, $MasterCard (MA.US)$, $McDonald's (MCD.US)$, $Merck & Co (MRK.US)$, and $T-Mobile US (TMUS.US)$ hold conference calls to discuss earnings.

$AbbVie (ABBV.US)$, $Chevron (CVX.US)$, and $Exxon Mobil (XOM.US)$ report quarterly results. The BEA reports personal income and consumption data for September.