📈 SpaceX Ready For Liftoff

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Good Morning!

Get ready to put on your analyst hats because the next round of quarterly earnings reports is just around the corner. Big banks like Goldman Sachs, Morgan Stanley, and Bank of America are stepping up to the plate to give us a glimpse into their financial performance.

Elon Musk's SpaceX is launching its shiny new Starship rocket system on Monday, which could be a huge leap towards their mission of sending humans to Mars. And if that's not enough to pique your interest, we look at the answer to “what if the Federal Reserve decides to raise interest rates to 5% or more?”.

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Markets

Live Updates: Stock futures are little changed as Wall Street awaits more earnings (2 minute read)
We're gearing up for more quarterly earnings reports, and there's still plenty to keep an eye on. S&P 500 futures are up about 0.1%, while Nasdaq-100 futures are down just a smidge at 0.1%. As for the DJIA futures, they're only up by 13 points, or less than 0.1%. Charles Schwab is also reporting their earnings later today, and things have been a little tense. Traders have been sweating bullets over fears that the brokerage might go down the same path as regional banks Silicon Valley Bank and Signature Bank. But Schwab has been quick to defend its financial position, reassuring us all that its loan-to-deposit ratio is quite low. Schwab shares are down 39% this year.

Why 5% interest rates might not derail the stock market or the U.S. economy (4 minute read)
Here's a little something to ponder: what if the Federal Reserve raises interest rates to 5% or more? Some doomsday investors are warning that it'll bring on the financial apocalypse, but let's take a deep breath and relax. According to Ben Snider, a managing director and U.S. portfolio strategist at Goldman Sachs Asset Management, a 5% interest rate won't completely wreck the stock market. He pointed out that many companies have already refinanced their debts during the pandemic and are still soaking up the benefits of low rates.

Investing

Why Investors Will Be Watching Netflix Stock Next Week (5 minute read)
It's earnings season and the banks are the talk of the town this week. But next week is going to be a big one for Netflix (NFLX)! They're reporting earnings on April 18th, and everyone's eyes will be glued to their screens to see if the streaming giant is still killing it in terms of growth. Here's the deal: while we're all hoping for an increase in subscriber numbers, let's not get too ahead of ourselves. The Motley Fool explores why you should keep those expectations in check.

Corporate earnings, central bank speakers, SpaceX - what's moving markets (4 minute read)
Last Friday, a bunch of big-name banks wowed us all with some pretty impressive earnings. This week, we're expecting to see some major league performances from Goldman Sachs, Morgan Stanley, and Bank of America. Plus, on Monday, Elon Musk's SpaceX is planning to blast off with its shiny new Starship rocket system. And let's not forget about those major Western central banks - they've got some big decisions to make next month, and investors will be eagerly waiting to hear what they have to say.

Money

How Will Home Prices Fare This Spring? (7 minute read)
Spring is in full bloom, and you might be ready to find that perfect home. But hold up - we all know how crazy the housing market has been lately, with prices skyrocketing and bidding wars galore. According to the Federal Housing Finance Agency, house prices went up 5.3% from January 2022 to January 2023 - although this can vary a lot depending on where you are. Some regions saw a decline, while others experienced major gains. So, what does this all mean for you? GOBankingRates went straight to the experts to find out.

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