Disney, McDonald's, and Palantir set to reveal financial results
Next Week's Economic Calendar and Earnings Highlights
Next week is set to bring a relatively lighter economic calendar, following a packed prior week dominated by the weak July jobs report fallout. Approximately 29 S&P 500 companies are expected to report earnings, including major names such as Walt Disney, Advanced Micro Devices, Caterpillar, Pfizer, Yum Brands, McDonald's, Shopify, DoorDash, Eli Lilly, ConocoPhillips, Block, and Take-Two Interactive [1].
Here are the key earnings announcements by date:
- Monday, August 4: Palantir and ON Semiconductor
- Tuesday, August 5: Advanced Micro Devices, Caterpillar, Pfizer, Apollo Global Management, Yum Brands
- Wednesday, August 6: McDonald's, Walt Disney, Shopify, DoorDash
- Thursday, August 7: Eli Lilly, ConocoPhillips, Block, Take-Two
Other noteworthy companies reporting next week include General Motors, Charter Communications, Tesla, and Alphabet [2]. General Motors, scheduled for Tuesday, August 5, is known for analyst upgrades and potentially significant upside in share price based on recent estimates.
In addition to earnings, Palantir is expected to report earnings next week, with analysts expecting EPS of $0.14 on a revenue of $939.47M [1].
The economic calendar will also see the release of data on Exports, Imports, and Trade Balance, Factory Orders, MBA Purchase Index, Crude Oil Imports, Jobless Claims, Consumer Credit, and Data on Exports, Imports, and Trade Balance [1][2].
The week ahead could also see volatility in the trading of Opendoor Technologies and New Fortress Energy based on options volume [1].
Furthermore, Citigroup, Blackstone, Lazard, Baker Hughes Company, Metlife, EQT, Crown Holdings, Wells Fargo, and International Business Machines have an ex-dividend next week [1].
Lastly, Trump signed an executive order revising reciprocal tariffs on dozens of countries, setting new duty rates between 10% and 41% [1].
For the full earnings calendar and more detailed information, please refer to Seeking Alpha's Wall Street Week Ahead newsletter [1] and other reliable sources.
Please remember that investing in microcap stocks involves significant risks, and it's essential to do thorough research before making any investment decisions.
[1] Seeking Alpha's Wall Street Week Ahead newsletter [2] Other sources
- The general news next week will likely feature earning reports from various companies, such as Palantir and ON Semiconductor, in addition to notable names like Advanced Micro Devices, Caterpillar, Pfizer, and Yum Brands, to name a few.
- The involvement of technology in business innovations is showcased as advancements in sectors like finance, with companies like Shopify and DoorDash reporting earnings during the week.
- Aside from earnings reports, the connection between environment and technology manifests in the expected volatility in the trading of Opendoor Technologies and New Fortress Energy, based on options volume.
