Lyft, Uber Head to the Earnings Confessional

The PPI index will give another update on inflation

Aug 1, 2019 at 11:42 AM
facebook twitter linkedin


Amid a relatively light economic calendar, Wall Street will be watching another big dose of corporate earnings reports. While ride-hailing names Lyft (LYFT) and Uber (UBER) will each make their second appearances on the earnings stage since going public earlier this year, blue chip Walt Disney (DIS) will step up to the plate following the Dow stock's record-setting run on the charts. The semiconductor sector will remain in focus, too, with earnings from Microchip Technology (MCHP) and Skyworks Solutions (SWKS) also due.

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 Institute for Supply Management's (ISM) non-manufacturing index is due on Monday, Aug. 5. Avis Budget (CAR), Continental Resources (CLR), Marriott International (MAR), Shake Shack (SHAK), Take-Two Interactive Software (TTWO), Tenet Healthcare (THC), and Tyson Foods (TSN) will report earnings.

Tuesday, Aug. 6, brings the Job Openings and Labor Turnover Survey (JOLTS). Walt Disney (DIS), Bausch Health (BHC), Blue Apron (APRN), Chesapeake Energy (CHK), Hertz (HTZ), Match (MTCH), Microchip Technology (MCHP), Mosaic (MOS), Nu Skin Enterprises (NUS), Paysign (PAYS), Wynn Resorts (WYNN), WW International (WW), and Weibo (WB) will step up to the earnings plate.

The weekly crude inventories report will be released on Wednesday, Aug. 7. Earnings from 3D Systems (DDD), Applied Optoelectronics (AAOI), Canada Goose (GOOS), Capri Holdings (CPRI), CVS Health (CVS), CyberArk Software (CYBR), Infinera (INFN), Intrexon (XON), Lyft (LYFT), Roku (ROKU), Switch (SWCH), Skyworks Solutions (SWKS), and Teva Pharmaceutical (TEVA) are due.

Weekly jobless claims will hit on Thursday, Aug. 8Activision Blizzard (ATVI), AMC Entertainment (AMC), Cardinal Health (CAH), Cronos Group (CRON), Dropbox (DBX), Esperion Therapeutics (ESPR), Keurig Dr Pepper (KDP), Nektar Therapeutics (NKTR), Overstock.com (OSTK), Party City (PRTY), Symantec (SYMC), Uber (UBER), and Yelp (YELP) are slated to report earnings.

The headline producer price index (PPI) for July will be unveiled on Friday, Aug. 9. Tidewater (TDW), Tribune Media (TRCO), and U.S. Concrete (USCR) will release earnings reports.

 

Stop leaving money on the table with the same old broken options trading approach...

There is no options strategy that more perfectly capitalizes during earnings season better than this simple call and put buying strategy. Perfect for aggressive traders looking to recover their suffering portfolios so far in 2022. With the simplest possible options strategy, Schaeffer's team with 100+ years of options trading excellence, target 200% gains on every single trade. So many trades are being beaten down by the market, but don't be one of them! Don't waste another second... join us right now before the next trade is released! 

 
Schaeffer's Daily Bulletin Offer
 


 


 
Special Offers from Schaeffer's Trading Partners