Nvidia and Walmart, 2 important bellwethers for the US economy, report results this week

Although fewer companies are reporting earnings this week than in recent weeks, the days ahead will bring some of the most highly anticipated reports this quarter. Nvidia (NVDA) will be in focus on Wednesday for the artificial intelligence trade, while Walmart (WMT) and Target (TGT) on Wednesday and Thursday will give investors a good look…


Nvidia and Walmart, 2 important bellwethers for the US economy, report results this week

Although fewer companies are reporting earnings this week than in recent weeks, the days ahead will bring some of the most highly anticipated reports this quarter.

Nvidia (NVDA) will be in focus on Wednesday for the artificial intelligence trade, while Walmart (WMT) and Target (TGT) on Wednesday and Thursday will give investors a good look at consumer spending. Reports from home improvement retailers Loweโ€™s (LOW) and Home Depot (HD) will also provide insight into the housing market and spending on major purchases.

Hereโ€™s a look at the earnings calendar for the week:

Monday: Baidu (BIDU), Trip.com Group (TCOM), Ryanair Holdings (RYAAY)

Tuesday: The Home Depot, Keysight Technologies (KEYS), CAVA Group (CAVA)

Wednesday: Nvidia, Analog Devices (ADI), The TJX Companies (TJX), Loweโ€™s Companies, Intuit (INTU), Target Corporation, Williams-Sonoma (WSM)

Thursday: Walmart, Deere & Company (DE), NetEase (NTES), Ross Stores (ROST), Workday (WDAY), Zoom Communications (ZM), Ralph Lauren (RL), Deckers Outdoor Corporation (DECK), BJโ€™s Wholesale Club Holdings (BJ)

Friday: Booz Allen Hamilton (BAH)

Source link