Investors Await Key Earnings Reports from Robinhood, Moderna

Investors are gearing up for a pivotal week with key economic updates and earnings reports, particularly focusing on inflation data and Federal Reserve Chairman Jerome Powell's testimony. Robinhood is poised to report a significant earnings increase, with analysts projecting earnings per share to rise from $0.03 to $0.52, driven by a growing user base and renewed trading interest. In contrast, Moderna is facing challenges, with forecasts predicting a loss of $2.70 per share and a nearly 70% drop in revenue due to declining demand for COVID-19 vaccines. The broader market has seen a downturn, with major indices closing lower last week, reflecting concerns over rates and inflation. Traders are advised to closely monitor upcoming inflation reports and earnings releases that could influence market direction. Overall, Robinhood's robust outlook contrasts sharply with Moderna's financial struggles, highlighting a divide in current market performance.