Investors are bracing for a flurry of earnings reports from some of the biggest names in the tech industry. Alphabet Inc. GOOGL GOOG, Meta Platforms Inc. META, Apple Inc. AAPL, Microsoft Corporation MSFT, and Amazon.com Inc. AMZN are all set to disclose their financial performance.

What Happened: On Friday, CNBC’s Jim Cramer advised investors to stay calm in anticipation of these major earnings reports. Cramer also highlighted the importance of the nonfarm payroll report due next Friday, suggesting that a weak hiring result could lead the Federal Reserve to continue its rate reduction.

“Huge opportunity,” he said.

However, Cramer stressed the need for patience, urging investors to “wait to process the numbers and listen to the conference calls before you pull the trigger.” He pointed out that the initial market reaction has been off the mark nearly 50% of the time since the start of this earnings season.

See Also: Elon Musk Says Tesla, SpaceX Manufactured In Costly California Just Because He Lived There Even As Rivals

The week’s earnings reports will commence with Ford Motor Company’s F disclosure on Monday. Cramer expressed optimism for a clean quarter from the automaker, devoid of warranty cost issues and minimal losses on electric vehicles.

Why It Matters: On Tuesday, McDonald’s Corporation MCD will release its earnings report. Cramer expects a detailed update on the recent E. coli outbreak linked to the fast-food chain’s Quarter Pounders, which, according to the Centers for Disease Control and Prevention, has resulted in 75 cases across 13 states.

Cramer concluded by emphasizing the importance of Friday’s nonfarm payroll report, suggesting that continued strong employment could deter a November interest rate cut. Despite some investors’ tendency to sell, Cramer proposed that fed rate cut cycles are times to buy.

The upcoming earnings reports from these tech giants and other major companies have been a point of interest for investors. The tech sector has been rallying as investors position themselves ahead of these pivotal earnings releases.

Read Next: Nate Silver’s ‘Gut’ Says Trump Will Win, But Kamala Harris ‘Could Beat Her Polls’

Photo via Shutterstock.