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Walt Disney will report earnings on Tuesday
If last week's swarm of blue-chip reports seemed like overkill, just wait until the first week of August. It may not feature heavy tech hitters or Dow names, but earnings season will hit high gear to start the new month. And in terms of economic data, there's the much-anticipated unemployment at the end of the week, as well as what's turned into an important indicator of late amid the coronavirus -- initial and continuous jobless claims. The newly reopened blue-chip giant Walt Disney (DIS) will report earnings on Tuesday.
Below is a brief list of some key market events and a few high-profile earnings releases scheduled for the upcoming week. All earnings and economic dates listed below are tentative and subject to change. Please check with each company's respective website
for official reporting dates.
Monday, August 3, will start the week out with the Markit manufacturing purchasing managers index (PMI) and the ISM manufacturing index. Meanwhile, Clorox (CLX), Tyson Foods (TSN), and Virgin Galactic (SPCE) will step into the earnings confessional.
Tuesday, August 4, will bring factory orders, as well as earnings from Activision Blizzard (ATVI), Enphase Energy (ENPH), Gluu Mobile (GLUU), Match Group (MTCH), Twilio (TWLO), DIS.
July's ADP Employment report and trade deficit data are on the schedule for Wednesday, August 5. Also moving markets will be Markit services PMI and ISM non-manufacturing PMI. CVS Health (CVS), Moderna (MRNA), Peloton (PTON), Teva Pharmaceuticals (TEVA), Roku (ROKU), Square (SQ), Wayfair (W), Wendy's (WEN), Western Digital (WDC), and Zynga (ZNGA) will all throw their hats into the earnings ring.
On Thursday, August 6, investors will keep an eye on weekly jobless claims data, while earnings from Cloudflare (NET), Dropbox (DBX), First Solar (FSLR), GoPro (GPRO), Fortinet (FTNT), Papa John's (PZZA), T-Mobile (TMUS), Uber (UBER), and Yelp (YELP) are on tap.
The data lined up for Friday, August 7 includes nonfarm payrolls, unemployment rate, and consumer credit. Canadian Solar (CSIQ) will round out the week's earnings frenzy.