Key Takeaways
- The strength of the labor market will likely be in focus this week, with the January employment report and other jobs data scheduled for release, along with updates on the manufacturing and services sectors, and the trade deficit.
- Amazon and Google parent Alphabet are set to report earnings, along with other tech companies including AI darling Palantir, and chipmaker Advanced Micro Devices.
- Pharmaceutical firms Novo Nordisk, Eli Lilly, Merck, Amgen, and Pfizer are also set to release results, along with entertainment giant Disney.
Earnings from tech, media, and pharmaceutical firms could be in the spotlight this week, with Google parent Alphabet (GOOG, GOOGL) and Amazon (AMZN) set to report, along with Disney (DIS) and weight-loss drugmakers Novo Nordisk (NVO) and Eli Lilly (LLY).
As the Federal Reserve wಌatches the strength of the labor market, the Janua♋ry employment report is scheduled for Friday, with jobless claims and private sector payr𝓡olls also due for release this week. Several Fed officials are set to deliver remarks as well.
Monday, Feb. 3
- S&P manufacturing PMI (January)
- Construction spending (December)
- ISM manufacturing PMI (January)
- Senior Loan Officer Opinion Survey on Bank Lending Practices (SLOOS)
- Atlanta Fed President Raphael Bostic is scheduled to deliver remarks
- Palantir (PLTR), Equity Residential (EQR), and Tyson Foods (TSN) are scheduled to report earnings
Tuesday, Feb. 4
- Job openings (December)
- Factory orders (December)
- San Francisco Fed President Mary Daly and Atlanta Fed President Raphael Bostic are scheduled to deliver remarks
- Alphabet (GOOG, GOOGL), Merck (MRK), Pepsico (PEP), Advanced Micro Devices (AMD), Amgen (AMGN), Pfizer (PFE), Spotify (SPOT), PayPal (PYPL), and Ferrari (RACE) are scheduled to report earnings
Wednesday, Feb. 5
- ADP employment (January)
- U.S. trade deficit (December)
- S&P services PMI (January)
- ISM services (January)
- Chicago Fed President Austan Goolsbee is scheduled to deliver remarks
- Novo Nordisk (NVO), Walt Disney (DIS), Qualcomm (QCOM), Arm Holdings (ARM), Uber Technologies (UBER), and MicroStrategy (MSTR) are scheduled to report earnings
Thursday, Feb. 6
- Initial jobless claims (Week ending Feb. 1)
- U.S. productivity (Q4)
- San Francisco Fed President Mary Daly is scheduled to deliver remarks
- Amazon (AMZN), Eli Lilly (LLY), AstraZeneca (AZN), Philip Morris International (PM), Honeywell (HON), Bristol Myers Squibb (BMY), and ConocoPhillips (COP) are scheduled to report earnings
Friday, Feb. 7
- U.S. employment report (January)
- Wholesale inventories (December)
- Consumer sentiment - preliminary (February)
- Consumer credit (December)
- CBOE Global Markets (CBOE) is scheduled to report earnings
January Jobs Report Could Show Labor Market's Strength
Friday’s scheduled release of the January jobs report could show whether the labor market continues to strengthen, after employers surprised economists by 澳洲幸运5官方开奖结果体彩网:adding 256,000 jobs in December, more than analysts projected. A strong labor market was one of the factors the Fed cited in its decision to 澳洲幸运5官方开奖结果体彩网:keep interest rates unchanged following its most recent meeting.
Ahead of Friday's jobs report, investors are expected to get fresh data on private sector employment Wednesday, and initial jobless claims on Thursday. Also Wednesday, trade deficit data is scheduled to come after recent reports showed the 澳洲幸运5官方开奖结果体彩网:balance between imports a🌌nd exports widened as buyers looked🍌 to stock up ahead of proposed tariff policies.
Other releases scheduled this week include 澳洲幸运5官方开奖结果体彩网:Purchasing Managers’ Index (PMI) reports for the manufacturing and services sectors, as well as data on cons♔truction spending, consumer credit, and the trade deficit.
Following 澳洲幸运5官方开奖结果体彩网:last week’s decision on inওterest rates, market🎃 participants are also expected to hear from💮 several Fed officials, including Atlanta Fed President Raphael Bostic, Chicago Fed President Austan Goolsbee, and San Francisco Fed President Mary Daly.
Earnings From Bi☂g Tech, Weight-Loss Drugmakers, and More
Earnings from Big Tech firms Google parent Alphabet on Tuesday and Amazon on Thursday could be in focus this week, after the emergence of a sophisticated, lower-cost AI model from 澳洲幸运5官方开奖结果体彩网:Chinese startup DeepSeek spurred a reckoning on Wall Street about AI spending, rattling m♏arkets 🌺last week.
AI darling Palantir (PLTR) is set to report earnings on Monday, with chip designer Arm (ARM), and AI chipmakers Advanced Micro Devices (AMD) and Qualcomm (QCOM) also scheduled to report later in the week.
Disney’s expected Wednesday report follows a 澳洲幸运5官方开奖结果体彩网:pop in streaming services revenue in the prior quarter and news that the FuboTV's (FUBO) live streaming service will 澳洲幸运5官方开奖结果体彩网:combine with Disney’s Hulu + 🐬Live TV.
Bitcoin buyer MicroStrategy (MSTR) is also scheduled to report Wednesday. The firm has significantly increased its holdings in the cryptocurrency, including a 澳洲幸运5官方开奖结果体彩网:recent purchase of 10,107 bitcoin.
Ozempic and Wegovy maker Novo Nordisk is scheduled to report on Wednesday as well, with Eli Lilly set to follow on Thursday. Other major drugmakers scheduled to report this week include Pfizer (PFE), Merck (MRK), Amgen (AMGN), AstraZeneca (AZN), and Bristol Myers Squibb (BMY).