Key Takeaways
- Tesla earnings are scheduled for Wednesday because the EV maker’s gross sales falter; different tech corporations set to report this week embody Google, Intel, and IBM.
- Traders are additionally set to listen to from Coca-Cola, Basic Motors, Verizon Communications, and HCA Healthcare this week.
- New and present dwelling gross sales for June will illustrate the state of the housing market. Jobless claims and sturdy items orders knowledge may also be launched.
Company earnings will dominate enterprise headlines this week, with experiences from a variety of main U.S. companies anticipated.
Tesla, Google, Intel, Verizon Communications, and Coca-Cola lead the businesses on the earnings calendar. They’re going to arrive after a buying and selling week wherein the S&P 500 edged greater and the Nasdaq set closing highs on 5 straight days.
Tesla’s outcomes might be watched for a variety of causes, together with questions concerning the well being of its core auto enterprise but additionally CEO Elon Musk’s public profile and its latest robotaxi launch. Client and industrial items makers are additionally set to report, together with vitality and health-care corporations.
New and present dwelling gross sales knowledge for June will give perception into whether or not poor gross sales proceed within the housing market.
Learn to the underside for our calendar of key occasions—and yet another factor.
Tesla, Alphabet Lead Packed Earnings Calendar
Tesla’s (TSLA) report, due Wednesday, comes amid headlines about analyst downgrades, declining gross sales, and govt departures on the EV maker, whose shares have slid shut to twenty% this yr.
UBS analysts lately mentioned the corporate’s shares had been “essentially overvalued.” The EV maker has reported weakening gross sales, particularly in Europe, whereas lately unveiling its long-awaited robotaxi system. Musk has continued to spar with President Donald Trump, even suggesting that he may create a brand new political celebration.
Google mother or father Alphabet (GOOG) can be lined as much as report Wednesday. Traders might be searching for updates on the search big’s AI plans. Intel’s (INTC) scheduled earnings launch the subsequent day comes amid layoff bulletins for the struggling chipmaker, whereas new CEO Lip-Bu Tan considers a shift within the producer’s contract chip-making enterprise. GE Vernova (GEV) earnings might give perception into the vitality calls for of latest AI services.
Verizon (VZ) could present indicators of bettering its subscriber base when it experiences on Monday; AT&T (T) can be scheduled to report this week. Coca-Cola (KO) and Basic Motors (GM) earnings might present perception into how tariffs are affecting U.S. companies. HCA Healthcare (HCA) closes the week with earnings set for Friday because the hospital operator grapples with a knowledge breach.
House-Gross sales Information Might Mirror Market Struggles
House gross sales have languished below elevated mortgage charges, excessive housing costs, and restricted stock. Whereas present dwelling gross sales improved in Might, the annual gross sales stage of about 4 million nonetheless hovered close to traditionally low ranges. Traders might be watching to see if Wednesday’s launch of June knowledge exhibits any enchancment. The subsequent day, new dwelling gross sales knowledge is ready to be launched; that piece of the housing market has produced improved outcomes on larger stock ranges.
Traders may also be following preliminary jobless claims on Thursday. Sturdy items orders, due Friday, present a barometer for the manufacturing sector.
Scheduled remarks from Fed Chairman Powell and Gov. Bowman on Tuesday are a part of a Fed banking convention. They happen in the course of the blackout interval earlier than the Fed’s subsequent assembly, so they could keep away from addressing rates of interest. OpenAI CEO Sam Altman can be anticipated to talk on the occasion.
Fast Hyperlinks: Recap Final Week’s Buying and selling | Newest Markets Information
This Week’s Calendar
Monday, July 21
- Main financial indicators (June)
- Key Earnings: Verizon, NXP Semiconductors (NXPI), Roper Applied sciences (ROP), Domino’s Pizza (DPZ)
Tuesday, July 22
- Federal Reserve Chair Powell and Gov. Bowman communicate at a Fed banking convention
- Key Earnings: SAP (SAP), Coca-Cola, Philip Morris (PM), Texas Devices (TXN), RTX Corp. (RTX), Intuitive Surgical (ISRG), Lockheed Martin (LMT), Sherwin-Williams (SHW), Capital One Monetary (COF), Northrop Grumman (NOC), Basic Motors (GM)
Wednesday, July 23
- Current dwelling gross sales (June)
- Key Earnings: Alphabet, Tesla, Worldwide Enterprise Machines (IBM), T-Cell US (TMUS), ServiceNow (NOW), AT&T, Thermo Fisher Scientific (TMO), NextEra Vitality (NEE), Boston Scientific (BSX), GE Vernova (GEV)
Thursday, July 24
- New dwelling gross sales (June)
- Key Earnings: Honeywell Worldwide (HON), Union Pacific (UNP), Blackstone (BX), Intel
- Extra Information to Watch: Preliminary jobless claims (Week ending July 19), S&P Flash US PMI (July)
Friday, July 25
- Sturdy items orders (June)
- Key Earnings: HCA Healthcare, Aon (AON), Constitution Communications (CHTR), Phillips 66 (PSX), Booz Allen Hamilton (BAH)
One Extra Factor
The “One Massive, Lovely Invoice’ launched a number of new tax deductions, some which is able to apply to the cash you make this yr. Investopedia’s Elizabeth Guevara checked out how the funds laws will change tax advantages for a lot of filers, together with these making ideas, incomes extra time pay, or paying curiosity on auto loans. Learn extra right here.
