The earnings calendar stays busy subsequent week with main implications for the Nasdaq, the buyer outlook, and the AI commerce.
This week was a significant blended bag with Meta and Microsoft moving into reverse instructions. The AI narrative faces one other main check subsequent week as Alphabet (GOOGL) and Amazon (AMZN) will drive sentiment for the Nasdaq 100. On the chip facet, AMD, Arm Holdings, and Qualcomm will likely be pivotal for semiconductors.
Monday, February 2
AM: Disney, Tyson Meals, Aptiv, IDEXX Labs, Hess
PM: Palantir, NXP Semiconductors, Simon Property Group, Teradyne, Rambus
Tuesday, February 3
AM: PayPal, PepsiCo, Pfizer, Merck, Eaton, Gartner
PM: AMD, Tremendous Micro, Chipotle, Enphase, Amgen, Prudential
Wednesday, February 4
AM: Uber, Eli Lilly, Novo Nordisk, AbbVie, Boston Scientific, UBS, CME Group
PM: Alphabet (Google), Arm Holdings, Qualcomm, Snap Inc., O’Reilly Auto Components, elf Magnificence
Thursday, February 5
AM: ConocoPhillips, Shell, Bristol Myers Squibb, Estee Lauder, Cigna, Linde
PM: Amazon, MicroStrategy, Reddit, Roblox, Affirm, Atlassian, Barrick Gold
Friday, February 6
AM: Toyota, Biogen, Cover Progress, Below Armour, Centene, AutoNation
Wednesday is one thing of a GLP showdown day as demand for the largest drug in historical past is examined. Additionally, with Disney, PayPal, Uber, PepsiCo, and Amazon all reporting, we’ll get a really clear image of whether or not the US shopper is tightening their belt or persevering with to spend. Disney on Monday saying that it is seeing sturdy theme park demand would go a good distance in direction of quelling journey fears.
Listed here are some names to consider on the macro facet:
Eaton (ETN) – Tuesday AM: A vital bellwether for the “electrification” commerce. Their earnings will inform us if the large demand for information heart energy and grid infrastructure upgrades is sustaining.
Cummins (CMI) – Thursday AM: A basic industrial proxy. As a significant engine producer for vans, their steering is a direct learn on freight exercise and the well being of the heavy transport sector.
Affirm (AFRM) – Thursday PM: Whereas PayPal offers us cost quantity, Affirm offers us “credit score stress.” Watch their delinquency charges to see if the buyer is relying too closely on Purchase Now, Pay Later debt to remain afloat.
Cemex (CX) – Thursday AM: A world proxy for development and infrastructure. If cement volumes are down, it often indicators a slowdown in business and residential constructing initiatives.
Tyson Meals (TSN) – Monday AM: A key inflation indicator. Their enter prices and pricing energy will present whether or not meals inflation is really sticky or lastly easing for the typical family.
Barrick Gold (GOLD) – Thursday PM: With gold hovering close to highs (or lows, relying on market context), Barrick serves as a verify on mining prices and a proxy for the anti-fiat/inflation-hedge commerce.
