The Day Ahead: Major Earning Update, State of Housing Market & Microsoft Activision Deal 

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The Day Ahead: Major Earnings Update, State of Housing Market & Microsoft Activision Deal 

Take a look at the event. Sure to move markets tomorrow. A very busy day for earnings, several companies gearing up to report first quarter results, two big names that we're watching. Google's parent company, Alphabet and Microsoft. Those along with Chipotle Visa and U P S, they'll all drop after the bell tomorrow and we'll bring you those results as they come in and several others before the bell that we'll be watching General Motors mcdonald's, Pepsi Verizon and Spotify a lot on tap here. So be sure to stick with cheddar news for all of the latest how it impacts your wallet prices going forward. That's a big one because we got guidance from Coca Cola today. Price is expected to rise this year in mid single digits and of course what it means for your investments. We'll also get a closer look at the state of the housing market tomorrow. As new home sales from March along with two different measures of home prices come out tomorrow, they'll give us a sense of home buying in the current market and the prices that buyers are paying home prices are coming down a bit from highs earlier in the pandemic and when mortgage rates were lower, the data is expected to show the housing market continues to be weighed down by highly elevated mortgage rates and lower inventory of available homes for sale elsewhere. Microsoft expected to secure European Union approval for a $69 billion deal to buy Activision Blizzard, the gaming company. That's according to a report from Reuters. Well, Microsoft announcing this bid to acquire Activision in January of last year, it would be the tech giants biggest deal ever make it very competitive in this space. And according to Reuters that you are not expected to require Microsoft to sell assets to receive antitrust approval.