Citi strategist Chronert says earnings picture into 2027 looks solid
CNBC reported Nov 9 that Scott Chronert, head of U.S. equity strategy at Citi Research, told 'Squawk on the Street' the earnings picture into 2027 continues to look solid.
What happened
CNBC reported Nov 9, 11:01 UTC that Scott Chronert, head of U.S. equity strategy at Citi Research, said the earnings picture into 2027 continues to look solid. CNBC said Chronert joined 'Squawk on the Street' to discuss markets following midterms. CNBC said the segment also covered future predictions and other market topics mentioned by the network.
Stocks market context
As of Nov 9, 17:44–17:45 UTC, the SPY ETF was $752.20 and rose 2.30% from the prior close; the QQQ ETF was $677.20 and rose 3.22% from the prior close. NVIDIA was $177.95 and fell 4.66% from the prior close. Apple was $349.04 and rose 1.95% from the prior close; Microsoft was $543.37 and rose 2.40% from the prior close.
| Instrument | Last | Change | Basis | As of | Source |
|---|---|---|---|---|---|
| S&P 500 (via SPY ETF) | $752.20 | +2.30% | vs prior close | Nov 9, 17:44 UTC | Finnhub |
| Nasdaq 100 (via QQQ ETF) | $677.20 | +3.22% | vs prior close | Nov 9, 17:44 UTC | Finnhub |
| NVIDIA | $177.95 | -4.66% | vs prior close | Nov 9, 17:45 UTC | Finnhub |
| Apple | $349.04 | +1.95% | vs prior close | Nov 9, 17:45 UTC | Finnhub |
| Microsoft | $543.37 | +2.40% | vs prior close | Nov 9, 17:45 UTC | Finnhub |
| Amazon | $268.77 | +3.65% | vs prior close | Nov 9, 17:45 UTC | Finnhub |
| Alphabet | $290.71 | +2.08% | vs prior close | Nov 9, 17:45 UTC | Finnhub |
| Meta Platforms | $640.96 | +5.05% | vs prior close | Nov 9, 17:45 UTC | Finnhub |
| Tesla | $377.05 | +5.26% | vs prior close | Nov 9, 17:45 UTC | Finnhub |
| JPMorgan Chase | $342.94 | +2.53% | vs prior close | Nov 9, 17:45 UTC | Finnhub |
Related coverage
Yahoo published a piece titled "Citi Downgraded Adobe Stock to Sell. I'd Buy It Now.", reporting on Citi's view of Adobe. Yahoo also ran a Zacks earnings preview highlighting Applied Materials, Cisco, Berkshire Hathaway, Nvidia, Micron and Alphabet.
- Earnings picture into 2027 continues to look solid, says Citi Research’s Scott Chronert — CNBC, Nov 9, 11:01 UTC
- Citi Downgraded Adobe Stock to Sell. I'd Buy It Now. — Yahoo, Nov 9, 08:57 UTC
- Huang allegations, Berkshire earnings, AI regulations - What’s moving markets — Yahoo, Nov 9, 09:13 UTC
- Nvidia probe into Jensen Huang affair could look at questionable statements from the CEO — fortune.com, Nov 9, 11:15 UTC
- Applied Materials, Cisco, Berkshire Hathaway, Nvidia, Micron and Alphabet are part of Zacks Earnings Preview — Yahoo, Nov 9, 07:00 UTC
What to watch
BAP Q3 2026 earnings, OXY Q3 2026 earnings and JBS Q3 2026 earnings are scheduled Mon Nov 9 (after the close).
- Mon Nov 9 (after the close) — JBS Q3 2026 earnings · EPS estimate 0.26
- Mon Nov 9 (after the close) — SKYD Q3 2026 earnings · EPS estimate -0.05
- Mon Nov 9 (after the close) — OXY Q3 2026 earnings · EPS estimate 1.48
- Mon Nov 9 (after the close) — BAP Q3 2026 earnings · EPS estimate 25.59
- Tue Nov 10 (before the open) — SE Q3 2026 earnings · EPS estimate 0.82
- Tue Nov 10 (before the open) — VG Q3 2026 earnings · EPS estimate 0.51
Sources and data
- CNBC (secondary source) — Earnings picture into 2027 continues to look solid, says Citi Research’s Scott Chronert
- Yahoo (secondary source) — Citi Downgraded Adobe Stock to Sell. I'd Buy It Now.
- fortune.com (secondary source) — Nvidia probe into Jensen Huang affair could look at questionable statements from the CEO
- Finnhub (market data) — market data
Market data as of Nov 9, 17:45 UTC; report generated Nov 9, 17:50 UTC. All times are UTC. Each table row shows its own timestamp and provider.
This report was produced by the MarketAlleys Research Desk using automated data processing and language tools from the sources listed above, and checked against our automated-content validation rules. It is for information only and is not investment advice.
Terms in this article
Price-to-earnings ratio (P/E)
Share price divided by earnings per share.
Exchange-traded fund (ETF)
A fund that trades on a stock exchange like a share, usually tracking an index, sector, commodity or strategy.
S&P 500
A float-adjusted, market-cap-weighted index of about 500 leading US companies selected by a committee at S&P Dow Jones Indices.
Earnings per share (EPS)
A company's net profit attributable to ordinary shareholders divided by its average number of shares.
Sources & data
- CNBC (secondary, retrieved Nov 9, 2026, 05:52 PM UTC)
- Yahoo (secondary, retrieved Nov 9, 2026, 05:52 PM UTC)
- fortune.com (secondary, retrieved Nov 9, 2026, 05:52 PM UTC)
- Finnhub (market-data, retrieved Nov 9, 2026, 05:52 PM UTC)
Market data as of Nov 9, 2026, 05:45 PM UTC.
This report was produced by the MarketAlleys Research Desk using automated data processing and language tools, built only from the cited sources and validated by rules described in our methodology. Spot an error? Request a correction.
Ask about this story
Questions are answered only from this article and the sources it cites.
MarketAlleys provides news and analysis for information only; it is not investment advice or a recommendation to buy or sell any security. Markets involve risk. Risk disclaimer.
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