Corporate earnings and comments from Federaꦺl Reserve speakers highlight a relatively light week for economic data.

Palantir Technologies’ (PLTR) earnings report Monday is likely to highlight the company’s work on 澳洲幸运5官方开奖结果体彩网:artificial intelligence (AI), while reports from Walt Disney (DIS) and Warner Bros. Discovery (WBD) will provide an update on the streaming marketplace. Apple (AAPL) will host a product event this week. 

Several 澳洲幸运5官方开奖结果体彩网:Federal Reserve speakers are on the calendar, including those whose past remarks have unsettled markets. Investors also wilಞl receive the latest update on consumer sentiment. 

Monday, May 6

• Richmond Fed President Tom Barkin and New York Fed President John Williams deliver remarks
• Senior Loan Officer Opinion Survey on Bank Lending Practices (SLOOS)
• Vertex Pharmaceuticals (VRTX), Palantir Technologies, and Microchip Technology (MCHP) report earnings

Tuesday, May 7

• Consumer credit (April)
• Walt Disney, BP (BP), and UBS (UBS) report earnings
• Apple “Let Loose” product event
• Minneapolis Fed President Neel Kashkari delivers remarks

Wednesday, May 8

• Wholesale inventories (March)
• Federal Reserve Gov. Lisa Cook delivers remarks
• Toyota Motor (TM), Uber (UBER), Airbnb (ABNB), Anheuser-Busch InBev (BUD), and Shopify (SHOP) report earnings

Thursday, May 9

• Initial jobless claims (Week ending May 5)
• Sun Life Financial (SLF), Roblox (RBLX), Warner Bros. Discovery, and Hyatt Hotels (H) report earnings

Friday, May 10

• Consumer sentiment - preliminary (May)
• Monthly federal budget (April)
• Chicago Fed President Austan Goolsbee delivers remarks
• Enbridge (ENB) and Honda Motor Company (HMC) report earnings

Streaming Services, Automakers, Gig Economy Hea🍒d𒉰line Earnings Reports

Market wat🤪chers will get financial updates from major streaming services this week, while automakers, technology firms and gig economy companies are also likely to attract investor attention. In addition this week, Apple will host its “Let Loose” product event on Tuesday. 

Walt Disney’s earnings report on Tuesday comes after it recently 澳洲幸运5官方开奖结果体彩网:won a battle with 𝓀activist investors seeking to take seats on the company board. On Thursday, Warner Bros. Discovery seeks to 澳洲幸运5官方开奖结果体彩网:bounce back from its earnings💯 miss last quarter as investors evaluate subscriber levels for its Max streaming serꦆvice. 

Palantir Technologies' earnings report on Monday will show whether the data analytics company can continue the success of its AI platform, which helped push the firm’s earnings above expectation�🍸�s in the 2023 fourth quarter. 

The Wednesday earnings report from Anheuser-Busch InBev will show whether the alcohol distributor has 澳洲幸运5官方开奖结果体彩网:bounced💞 back from a consumer boycott of its Bud Light beer. 

Wednesday also will feature reports from several “澳洲幸运5官方开奖结果体彩网:gig economy” businesses. Ride-hailing service Uber reports earnings after it 澳洲幸运5官方开奖结果体彩网:reversed losses from 2022 to produce a n൲et inℱcome of nearly $2 billion.  Airbnb’s earnings come as the short-term rental provider faces 澳洲幸运5官方开奖结果体彩🐓网:pushback in places like New York City.

Investors will get updates from Japanese car makers, with Toyota Motor reporting on Wednesday and Honda Motor releasing its financials on Friday. Toyota’s report comes after it 澳洲幸运5官方开奖结果体彩网:announced a new investment in an electric vehicle (EV) and hybrid vehicle plant, while Honda is explo🦩ring an EV partnership with 🦩its rival Nissan. 

Federal Reserve Officials Speak Following Ra🌊te Decision

After Federal Reserve Chair Jerome Powell said he still 澳洲幸运5官方开奖结果体彩🉐网:expected inflation to decline this year, other Fed officials will🎉 take the opportunity this 𒊎week to express their views on the economy. Investors are closely monitoring remarks from Federal Reserve officials regarding their ideas on the path and timing of interest rate cuts. 

Starting Monday, investors will hear from Richmond Fed President Tom Barkin and New York Fed President John Williams, who recently 澳洲幸运5官方开奖结果体彩网:presented an uncertain timeline for interest rate cuts. 

On Tuesday, Minneapolis Fed President Neel Kashkari will deliver remarks, coming after an interview last month that sparked a market sell-off when he speculated about 澳洲幸运5官方开奖结果体彩网:whe🌜ther interest rates could be cut at all this y⛦ear amid persistent inflation. 

Other speakers will include Fed Gov. Lisa Cook and Chicago Fed President Austan Goolsbee. His remarks will come after the Friday release of the Michigan Consumer Confidence survey, which includes data on inflation that is 澳洲幸运5官方开奖结果体彩网:closely watched by Fed officials.