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Versace: "Not a Bad Move to Wait" & Earnings Guidance Amid Tariff Uncertainty

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Manage episode 481373100 series 3645668
Content provided by Schwab Network. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Schwab Network or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Chris Versace joins Diane King Hall at the NYSE set to discuss earnings season. He adds the significance of tariff talks weighing on company guidance, saying "until we see more trade deals" that management teams will err on the conservative side. Chris looks at results from Shopify (SHOP) & Dutch Bros (BROS). For BROS, he said the reiterated guidance could be "the new beat and raise" in the current environment. On the macro side, he doesn't think the Fed is behind the curve and believes the June meeting will be more important as May economic data will reveal tariff impacts.

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4461 episodes

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Manage episode 481373100 series 3645668
Content provided by Schwab Network. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Schwab Network or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Chris Versace joins Diane King Hall at the NYSE set to discuss earnings season. He adds the significance of tariff talks weighing on company guidance, saying "until we see more trade deals" that management teams will err on the conservative side. Chris looks at results from Shopify (SHOP) & Dutch Bros (BROS). For BROS, he said the reiterated guidance could be "the new beat and raise" in the current environment. On the macro side, he doesn't think the Fed is behind the curve and believes the June meeting will be more important as May economic data will reveal tariff impacts.

======== Schwab Network ========

Empowering every investor and trader, every market day.

Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe

Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185

Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7

Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch

Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore

Watch on DistroTV - https://www.distro.tv/live/schwab-network/

Follow us on X – / schwabnetwork

Follow us on Facebook – / schwabnetwork

Follow us on LinkedIn - / schwab-network

About Schwab Network - https://schwabnetwork.com/about

  continue reading

4461 episodes

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