Last week in CO: AI demand curve … Alphabet earnings …. Who uses Grok? … AI’s purpose finally said out loud …
Weekend links: A pinch more Mac for the iPad … Meta AI … Huawei v. Nvidia … USB 2.0 25th Anniversary … Skill atrophy …
Monday
Notable earnings: F5, NXP Semiconductors
U.S. economic events: Dallas Fed Manufacturing Index, Treasury Refunding Financing Estimates
Global economic events: Unemployment (Spain, France, Mexico), Manufacturing Production (India), Balance of Trade (Mexico)
Tuesday
Notable earnings: Snap, Visa, Seagate, PayPal, UPS, Spotify, General Motors, Zebra Technologies, SoFi, Shutterstock, Freshworks, LendingClub, Coca-Cola, Kraft Heinz
U.S. economic events: House Price Index, Consumer Confidence, JOLTs Job Quits, Wholesale Inventories, Goods Trade Balance
Global economic events: Consumer Confidence (Germany, Euro Area), Inflation Rate (Spain, Australia), Economic Sentiment (Euro Area), Consumer Inflation Expectations (Euro Area), Industrial Sales (Italy), Industrial Production (South Korea, Japan), Housing Starts (Japan), GDP Growth Rate (France)
Wednesday
Notable earnings: Meta, Robinhood, Netgear, Qualcomm, MGM, Udemy, Stanley Black & Decker
U.S. economic events: Personal Income and Spending, Real Consumer Spending, Chicago PMI, Employment Cost (Benefits & Wages), GDP Growth Rate, Pending Home Sales, MBA Mortgage (Applications, 30-yr Rate, Market Index, Refinance Index)
Global economic events: Inflation Rate (France, Italy, Germany, Russia), Unemployment (Germany, Brazil), GDP Growth Rate (Italy, Euro Area), Business Confidence (Russia), Balance of Trade (South Korea), Consumer Confidence (Japan), GDP YoY (Russia)
Thursday
Notable earnings: Apple, Motorola, GoDaddy, Atlassian, Twilio, Amazon, Roku, Instacart, Mastercard, Roblox, McDonald’s, Hershey, Gannett, Eli Lilly, Airbnb, Paylocity
U.S. economic events: Construction Spending, ISM Manufacturing (PMI, Employment, Prices, New Orders), Fed Balance Sheet, Challenger Job Cuts, Jobless Claims
Global economic events: GDP Growth Rate (Saudi Arabia), Mortgage Lending and Approvals (United Kingdom), Unemployment Rate (Japan), Inflation Rate (South Korea), Retail Sales (Australia), Commodity Prices YoY (Australia)
Friday
Notable earnings: Chevron, Fubo, Exxon
U.S. economic events: Non-farm Payrolls, Factory Orders, Unemployment Rate, Average Hourly Earnings, Government Payrolls, Manufacturing Payrolls
Global economic events: Budget Balance (France), Manufacturing PMI (France, Italy, Spain, Germany), Inflation Rate (Euro Area), Foreign Exchange Reserves (Mexico, India), Federal Elections (Australia)