The Week Ahead: Google and Disney Set to Report Earnings
Big names in pharma and biotech also report earnings, and labor data to come on Friday.
Our analysts maintain their positions on these two companies' lasting competitive advantages. Google is the leader in online advertising and is also gaining ground in the cloud market. It has strong network effects from its diverse line of products such as search, Android, Maps, Gmail, YouTube, and more. On Disney, we believe that it is successfully transforming its business to deal with the ongoing evolution of the media industry. ESPN remains the crown jewel of Disney's media networks segment, and Disney's world-class brand is well sought after by children and trusted by parents.
We will also hear from big names in pharma and biotech: Merck (MRK), Novo Nordisk (NVO), AbbVie (ABBV), and Bristol-Myers Squibb (BMY). We have begun incorporating environmental, social, and governance factors into our analysis of Big Pharma and Big Biotech.
For economic data, we will hear updates on auto and truck sales Monday and on December 2019 trade balance data Wednesday. On Friday, a bundle of labor-related data will be released, including the unemployment rate, average hourly earnings, and average workweek.
Jess Liu does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.