Summary What to Expect in the Week Ahead (ORCL, ADBE and GME Earning... - moomoo Community www.moomoo.com
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This week's earnings reports from Oracle, GameStop, and Adobe, along with upcoming CPI data, are expected to influence market trends, with potential growth in AI for Oracle, challenges for GameStop's hardware business, and Adobe potentially beating expectations despite a recent stock decline.
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Slide Presentation (13 slides)
Key Points
- Significant declines in major US stock indexes last week, driven by weak economic data and concerns over economic growth
- Key earnings reports this week: Oracle (ORCL), GameStop (GME), and Adobe (ADBE)
- Investors will be closely watching how artificial intelligence is driving Oracle's corporate earnings growth
- Weak demand for hardware and accessories has been a persistent issue for GameStop, and investors will be looking for updates on the company's strategy
- The August CPI report on September 11 will be closely watched by the Federal Reserve, as it could influence the central bank's decision on interest rates
- Other key economic indicators this week: Crude Oil Inventories, Producer Price Index (PPI), and Initial Jobless Claims
- All 11 S&P 500 sectors declined last week, with technology and communication services sectors being the worst performers
Summaries
27 word summary
Oracle, GameStop, Adobe earnings this week. Oracle may see AI growth, GameStop faces weak hardware. Adobe often beats expectations, but stock declined. CPI data could impact Fed.
53 word summary
This week, watch earnings from Oracle, GameStop, and Adobe. Oracle may see AI-driven growth, while GameStop faces weak hardware demand. Adobe often beats expectations, though its stock has declined. CPI data could sway the Fed's rate decision. Investors will also monitor oil, PPI, and jobless claims. Last week's slump pushed up the VIX.
104 word summary
This week, investors will closely watch earnings reports from Oracle, GameStop, and Adobe, as well as economic data like the August CPI. Oracle is expected to see AI-driven growth, while GameStop faces weak hardware demand. Adobe has a history of beating expectations, though its stock has declined after recent reports. The CPI data could influence the Fed's rate decision. Investors will also monitor oil inventories, PPI, and jobless claims. Last week, major indexes fell sharply, driven by weak economic data and the historical September slump, pushing up the VIX. Overall, this week's key events could significantly impact market direction as investors navigate economic uncertainties.
370 word summary
This week, investors will be closely watching several key earnings reports and economic data releases that could significantly impact the market's direction.
Oracle (ORCL) is set to report earnings on Monday, with analysts expecting adjusted earnings per share of $1.33, a 12% increase, and revenue growth of 6% to $13.2 billion. Investors will be focused on how artificial intelligence is driving Oracle's corporate earnings growth, as the company has been a beneficiary of the AI boom.
GameStop (GME) is scheduled to report its fiscal second-quarter earnings on Tuesday after the market close. The company is expected to report a loss of 9 cents per share on revenue of $896 million, a 23% decline from the same period last year. Weak demand for hardware and accessories has been a persistent issue for GameStop, and investors will be looking for updates on the company's strategy.
Adobe (ADBE) is set to report earnings on Thursday after the market close. The company is expected to post earnings of $4.53 per share, an 11% increase, and revenue growth of 10% to $5.37 billion. Adobe has a strong track record of beating earnings expectations, but the market's reaction may not be favorable, as the company's stock has declined in three of the past four quarters following earnings reports.
The August Consumer Price Index (CPI) report, scheduled for release on September 11, will be closely watched by the Federal Reserve. Economists predict a 0.2% month-on-month increase in core inflation and a 2.6% rise year-on-year. The CPI report could influence the central bank's decision on whether to cut rates by 25 or 50 basis points at its September 18 meeting.
Investors will also be monitoring Wednesday's Crude Oil Inventories and Thursday's Producer Price Index (PPI) and Initial Jobless Claims.
Last week, the major US stock indexes experienced significant declines, with the S&P 500 dropping 4.5%, the Nasdaq Composite falling 5.8%, and the Dow Jones Industrial Average declining 2.9%. This poor market performance was primarily driven by a series of weak economic data releases, particularly in the labor market, which sparked concerns over economic growth. Additionally, the historical trend of September being a weak month for stocks added to investor anxiety, pushing the VIX Index up 36% last week.
500 word summary
What to Expect in the Week Ahead (ORCL, ADBE and GME Earnings; CPI and PPI)
Last week, the major US stock indexes experienced significant declines, with the S&P 500 dropping 4.5%, the Nasdaq Composite falling 5.8%, and the Dow Jones Industrial Average declining 2.9%. This poor market performance was primarily driven by a series of weak economic data releases, particularly in the labor market, which sparked concerns over economic growth. Additionally, the historical trend of September being a weak month for stocks added to investor anxiety, pushing the VIX Index up 36% last week.
This week, the focus will be on several key earnings reports and economic data releases:
Oracle (ORCL) Earnings Preview: Oracle is set to report its earnings on Monday. Analysts expect the company to post adjusted earnings per share of $1.33, a 12% increase, and revenue growth of 6% to $13.2 billion. Investors will be closely watching how artificial intelligence is driving Oracle's corporate earnings growth, as the company has been a beneficiary of the AI boom, with leading AI firms utilizing its cloud services and data centers.
GameStop (GME) Earnings Preview: GameStop is scheduled to report its fiscal second-quarter earnings on Tuesday after the market close. The company is expected to report a loss of 9 cents per share on revenue of $896 million, a 23% decline from the same period last year. Weak demand for hardware and accessories has been a persistent issue for GameStop, and investors will be looking for any updates on the company's strategy.
Adobe (ADBE) Earnings Preview: Adobe is set to report earnings on Thursday after the market close. The company is expected to post earnings of $4.53 per share, an 11% increase, and revenue growth of 10% to $5.37 billion. Adobe has a strong track record of beating earnings expectations, but the market's reaction may not be favorable, as the company's stock has declined in three of the past four quarters following earnings reports.
Consumer Price Index (CPI) Report: The August CPI report is scheduled for release on September 11. Economists predict a 0.2% month-on-month increase in core inflation and a 2.6% rise year-on-year. The CPI report will be closely watched by the Federal Reserve, as it could influence the central bank's decision on whether to cut rates by 25 or 50 basis points at its September 18 meeting.
Other Key Economic Indicators: In addition to the CPI report, investors will also be monitoring Wednesday's Crude Oil Inventories and Thursday's Producer Price Index (PPI) and Initial Jobless Claims.
Sector Performance: The poor market performance last week was broad-based, with all 11 S&P 500 sectors declining. The technology and communication services sectors were the worst performers, falling more than 6%. The energy sector was the best performer, declining only 1.3%.
Overall, the upcoming week will be dominated by key earnings reports and economic data releases, which could significantly impact the market's direction. Investors will be closely watching the CPI report and its potential influence on the Federal Reserve's monetary policy decisions.