This week is shaping up to be an exciting one, with several key events happening that you won’t want to miss. Here’s a breakdown of the important happenings in the next five days.
Earnings Reports to Watch
We have a busy week ahead with 18 companies reporting their earnings. Here are the ones to keep an eye on:
Monday, August 5th
- Berkshire Hathaway: Known for its wise investments, Warren Buffett’s company will share its financial results.
- Palantir: A major player in the data analytics space.
- Lucid Motors: Electric car enthusiasts will be interested in this one.
Tuesday, August 6th
- Uber: The popular ride-sharing service will release its earnings.
- Super Micro: This tech company has been making waves.
- Airbnb: The short-term rental giant will provide insights into its performance.
- Celsius: Health drink maker with strong market presence.
- Rivian: Another exciting electric vehicle company to watch.
- Reddit: The social media platform that’s been at the heart of many viral trends.
Wednesday, August 7th
- Shopify: E-commerce enthusiasts will be watching closely.
- Disney: The entertainment giant’s results could have broad implications.
- Sony: Look out for insights from this electronics and entertainment leader.
- Novo Nordisk: A major player in the pharmaceutical industry.
- Lyft: Competitor to Uber with its own earnings to report.
- Robinhood: The stock trading app that’s been in the news a lot recently.
Thursday, August 8th
- Eli Lilly: An important name in pharmaceuticals.
- Soundhound: Known for its music recognition technology.
- Elf: The beauty company continues to grow.
Federal Reserve Speakers
In addition to earnings, this week also includes talks from two influential Federal Reserve officials:
- Mary Daly, President of the San Francisco Fed, will speak on Monday.
- Tom Barkin, President of the Richmond Fed, will speak on Thursday.
The market is currently anticipating five interest rate hikes by December, including two at the next Fed meeting in September. This is a lot to take in, and what these officials say could provide valuable insights into future economic policy.
