Amazon, Twitter Earnings and GDP Highlight Busy Week

Amazon, Microsoft, and Intel are just three of the big-cap tech stocks that could move after earnings

by Andrea Kramer |

Published on Apr 20, 2017 at 1:37 PM

Earnings continue to roll in next week, with more Dow stocks on the docket, including United Technologies Corporation (NYSE:UTX), Intel Corporation (NASDAQ:INTC), and Microsoft Corporation (NASDAQ:MSFT). In addition, fellow big-cap tech stocks Amazon.com, Inc. (NASDAQ:AMZN) and Google parent Alphabet Inc (NASDAQ:GOOGL) will report quarterly results, as will other notables like Ford Motor Company (NYSE:F), General Motors Company (NYSE:GM), GoPro Inc (NASDAQ:GPRO), and Twitter Inc (NYSE:TWTR). Punctuating the week will be the highly anticipated gross domestic product (GDP) estimate for the first quarter, due out on Friday.

Below is a brief list of some key market events scheduled for the upcoming week. All earnings dates listed below are tentative and subject to change. Please check with each company's respective website for official reporting dates.

The week kicks off on Monday, April 24, with Minneapolis Fed President Neel Kashkari speaking at two California colleges. Alcoa (AA), Barrick Gold (ABX), Halliburton (HAL), Hasbro (HAS), Illinois Tool Works (ITW), Newmont Mining (NEM), Rambus (RMBS), Sohu.com (SOHU), and Whirlpool (WHR) will report. 

On Tuesday, April 25, new home sales, the Case-Shiller home price index, and consumer confidence data hit the Street. Dow stocks 3M (MMM), Caterpillar (CAT), Coca-Cola (KO), DuPont (DD), and McDonald's (MCD) will report earnings, as will AK Steel (AKS), AT&T (T), AutoNation (AN), Biogen (BIIB), Chipotle (CMG), Corning (GLW), Eli Lilly (LLY), Freeport-McMoRan (FCX), JetBlue (JBLU), Juniper Networks (JNPR), Lockheed Martin (LMT), Texas Instruments (TXN), and U.S. Steel (X).

The regularly scheduled update on domestic crude inventories will highlight the economic calendar on Wednesday, April 26. Dow stocks Boeing (BA), Procter & Gamble (PG), and UTX, as well as Anthem (ANTM), F5 Networks (FFIV), Fiat Chrysler (FCAU), Goldcorp (GG), Paypal (PYPL), Pepsi (PEP), TWTR, and Whiting Petroleum (WLL), make up the earnings slate.  

On top of weekly jobless claims, traders will digest data on durable goods orders, international trade, and pending home sales on Thursday, April 27. Reporting earnings will be big-cap tech titans INTC, MSFT, GOOGL, AMZN, and Baidu (BIDU). American Airlines (AAL), Bristol-Myers Squibb (BMY), Cliffs Natural Resources (CLF), Comcast (CMCSA), Expedia (EXPE), First Solar (FSLR), F, GPRO, Groupon (GRPN), MGM Resorts (MGM), Nokia (NOK), Potash Corp. of Saskatchewan (POT), Sirus XM Radio (SIRI), Skyworks Solutions (SWKS), Southwest Airlines (LUV), Starbucks (SBUX), Under Armour (UA), and UPS (UPS) will also report.

The initial reading on first-quarter GDP will be the featured back on Friday, April 28. Wall Street will also weigh the employment cost index, the Chicago purchasing managers index (PMI), and the latest consumer sentiment stats, as well as a speech from Philadelphia Fed President Patrick Harker. Oil majors Chevron (CVX) and Exxon Mobil (XOM) will round out earnings for the week, as will Colgate-Palmolive (CL), GM, Goodyear Tire (GT), Spirit Airlines (SAVE), and UBS (UBS).
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