Alibaba stock has come under selling pressure ahead of its upcoming earnings report, along with AI server giant Dell Technologies.

At Monday's closing bell, the blue-chip Dow Jones Industrial Average was down 1.2% at 46,590, the broad-based S&P 500 had fallen 0.9% to 6,672, and the tech-heavy Nasdaq Composite was off 0.8% at 22,708.

Analysts estimate that Qifu Technology will report an earnings per share (EPS) of $1.68. The announcement from Qifu Technology is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.

The first rule taught in investing/valuation classes is that “the stock market” is a discounting mechanism and is typically ahead of major market bottoms and tops.

As Wall Street braces for the pivotal earnings report from Nvidia Corp. and the delayed September jobs report, traders are increasingly shying away from riskier assets. This cautious sentiment reflects the growing anticipation surrounding these two key events,

Analysts estimate that Valvoline will report an earnings per share (EPS) of $0.47. The announcement from Valvoline is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.

Capital Goods, Defence, Renewables, Realty and EMS are some sectors which look interesting at the current juncture. We believe that these sectors can deliver higher earnings growth over the next 2-3 years,