In This Article:
To close out today's Market Domination Overtime, hosts Julie Hyman and Josh Lipton preview the biggest stories and earnings reports to come next week, including President Trump's tariff on auto tariffs which will take effect this Saturday; Berkshire Hathaway (BRK-B, BRK-A) announcing quarterly results at its annual shareholders meeting; Palantir (PLTR), Ford (FORD), and Disney (DIS) will also release earnings; and Federal Reserve' officials will be convening in Washington, D.C. for their May FOMC meeting.
To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here.
Time now for what to watch. Gonna start on the tariff front. President Trump's tariff on auto parts set to take effect on Saturday. This is coming after Trump signed an executive order earlier this week, softening some of the automotive tariffs.
Switching over to earnings, Berkshire Hathaway reporting numbers over the weekend. Investors will be keeping a close eye on where Warren Buffett is investing and what the company will look like potentially without him at the helm. Some other big names from across all sectors reporting next week including Palantir, Ford, AMD, and Disney. Disney having a strong start to fiscal 2025, but analysts anticipate headwinds for theme parks, the company's biggest profit driver, due to potential consumer pullback.
And taking a look at the Fed, the two-day FOMC meeting kicking off on Tuesday. The Fed's interest rate decision on Wednesday. Wall Street largely expecting the Fed to hold interest rates steady in May, but investors will be listening closely for any commentary on the tariff impact to inflation. Now our finance's Fed day coverage on Wednesday will begin at 2:00 p.m. Eastern.