Today's Stock Market News & Events: 2/7/2022

Today's market-moving economic data and earnings schedule

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The market is certainly not slowing down this week. Highlighting the week will be the January and fourth-quarter consumer price index (CPI), due out on Thursday. With last month's CPI seeing its fastest growth since 1982, traders will be monitoring the index closely to see if inflation has, indeed, reached its top. Also on deck that day will be the highly anticipated Federal Reserve budget for January.

As far as earnings, tons of major names continue to roll in. Notably, Alibaba (BABA), Chipotle Mexican Grill (CMG), Coca-Cola (KO), CVS Health (CVS), DraftKings (DKNG), Fox Corporation (FOXA), Harley-Davidson (HOG), Hasbro (HAS), Mattel (MAT), PepsiCo (PEP), Pfizer (PFE), Take-Two Interactive (TTWO), Tyson Foods (TSN), and Walt Disney (DIS) will enter the earnings confessional, though this is by no means an exhaustive list. 

Data on consumer credit is due out today.

The following public companies are slated to release corporate earnings today, February 7:

Affiliated Managers Group Inc. (NYSE:AMG -- $146.61) operates as an asset management company providing investment management services to mutual funds, institutional clients, and high net worth individuals in the United States. Affiliated Managers will report its Q4 earnings of 2021 before the open today.

Cerence Inc. (NASDAQ:CRNC -- $63.58) provides AI powered virtual assistants for the mobility/transportation market worldwide. Cerence will report its Q4 earnings of 2021 before the open today.

CNA Financial Corp. (NYSE:CNA -- $46.87) provides commercial property and casualty insurance products primarily in the United States. CNA Financial will report its Q4 earnings of 2021 before the open today.

Energizer Holdings Inc. (NYSE:ENR -- $34.15) manufactures, markets, and distributes household batteries, specialty batteries, and lighting products worldwide. Energizer will report its Q4 earnings of 2021 before the open today.

Gates Industrial Corp. plc (NYSE:GTES -- $15.34) manufactures and sells engineered power transmission and fluid power solutions worldwide. Gates Industrial will report its Q4 earnings of 2021 before the open today.

Hasbro Inc. (NASDAQ:HAS -- $93.92) operates as a play and entertainment company. Hasbro will report its Q4 earnings of 2021 before the open today.

ON Semiconductor Corp. (NASDAQ:ON -- $57.42) provides power and sensing technologies worldwide. ON Semiconductor will report its Q4 earnings of 2021 before the open today.

Tyson Foods Inc. (NYSE:TSN -- $88.29) operates as a food company worldwide. Tyson Foods will report its Q4 earnings of 2021 before the open today.

Zimmer Biomet Holdings Inc. (NYSE:ZBH -- $122.83) designs, manufactures, and markets musculoskeletal healthcare products and solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. Zimmer Biomet will report its Q4 earnings of 2021 before the open today.

AECOM (NYSE:ACM -- $69.24) provides professional infrastructure consulting services for governments, businesses, and organizations in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. AECOM will report its Q4 earnings of 2021 after the close today.

Alpha and Omega Semiconductor Ltd. (NASDAQ:AOSL -- $46.25) develops, and supplies power semiconductor products for computing, consumer electronics, communication, and industrial applications in Hong Kong, China, South Korea, the United States, and internationally. Alpha and Omega Semiconductor will report its Q4 earnings of 2021 after the close today.

Amgen Inc. (NASDAQ:AMGN -- $222.11) discovers, develops, manufactures, and delivers human therapeutics worldwide. Amgen will report its Q4 earnings of 2021 after the close today.

Axcelis Technologies Inc. (NASDAQ:ACLS -- $62.89) designs, manufactures, and services ion implantation and other processing equipment used in the fabrication of semiconductor chips in the United States, Europe, and Asia. Axcelis Technologies will report its Q4 earnings of 2021 after the close today.

Brixmor Property Group Inc. (NYSE:BRX -- $24.95) is a real estate investment trust (REIT) that owns and operates a high-quality, national portfolio of open-air shopping centers. Brixmor Property will report its Q4 earnings of 2021 after the close today.

Chegg Inc. (NYSE:CHGG -- $26.31) operates direct-to-student learning platform that supports students on their journey from high school to college and into their career with tools designed to help them to learn their course materials, succeed in their classes, and save money on required materials. Chegg will report its Q4 earnings of 2021 after the close today.

DHT Holdings Inc. (NYSE:DHT -- $4.98) owns and operates crude oil tankers primarily in Monaco, Singapore, Oslo, and Norway. DHT will report its Q4 earnings of 2021 after the close today.

Kennametal Inc. (NYSE:KMT -- $33.73) develops and applies tungsten carbides, ceramics, and super-hard materials and solutions for use in metal cutting and extreme wear applications to enable customers work against corrosion and high temperatures conditions worldwide. Kennametal will report its Q4 earnings of 2021 after the close today.

Kforce Inc. (NASDAQ:KFRC -- $68.16) provides professional staffing services and solutions in the United States. Kforce will report its Q4 earnings of 2021 after the close today.

Leggett & Platt Inc. (NYSE:LEG -- $37.88) designs, manufactures, and markets engineered components and products worldwide. Leggett & Platt will report its Q4 earnings of 2021 after the close today.

Nuance Communications Inc. (NASDAQ:NUAN -- $55.37) provides conversational and cognitive artificial intelligence (AI) innovations that bring intelligence to everyday work and life. Nuance Communications will report its Q4 earnings of 2021 after the close today.

Piedmont Office Realty Trust Inc. (NYSE:PDM -- $17.73) is an owner, manager, developer, redeveloper, and operator of high-quality, Class A office properties. Piedmont Office Realty Trust will report its Q4 earnings of 2021 after the close today.

Principal Financial Group Inc. (NASDAQ:PFG -- $74.77) provides retirement, asset management, and insurance products and services to businesses, individuals, and institutional clients worldwide. Principal Financial will report its Q4 earnings of 2021 after the close today.

Rambus Inc. (NASDAQ:RMBS -- $24.83) provides semiconductor products in the United States, Taiwan, South Korea, Japan, Europe, Canada, Singapore, Asia, and internationally. Rambus will report its Q4 earnings of 2021 after the close today.

SelectQuote Inc. (NYSE:SLQT -- $6.62) operates a technology-enabled, direct-to-consumer distribution platform that sells a range of insurance policies to consumers from various insurance carriers in the United States. SelectQuote will report its Q4 earnings of 2021 after the close today.

Simon Property Group Inc. (NYSE:SPG -- $145.18) designs, engineers, manufactures, and sells wood and concrete building construction products. Simon Property will report its Q4 earnings of 2021 after the close today.

Sun Country Airlines Holdings Inc. (NASDAQ:SNCY -- $25.94) provides scheduled passenger, air cargo, charter air transportation, and related services in the United States, Latin America, and internationally. Sun Country Airlines will report its Q4 earnings of 2021 after the close today.

Take-Two Software Inc. (NASDAQ:TTWO -- $175.00) develops, publishes, and markets interactive entertainment solutions for consumers worldwide. Take-Two will report its Q4 earnings of 2021 after the close today.

Tenet Healthcare Corp. (NYSE:THC -- $72.84) operates as a diversified healthcare services company. Tenet Healthcare will report its Q4 earnings of 2021 after the close today.

Teradata Corp. (NYSE:TDC -- $41.77) operates as a hybrid cloud analytics software provider. Teradata will report its Q4 earnings of 2021 after the close today.

Varonis Systems Inc. (NASDAQ:VRNS -- $37.66) provides software products and services that allow enterprises to manage, analyze, and secure enterprise data in North America, Europe, the Middle East, Africa, and internationally. Varonis Systems will report its Q4 earnings of 2021 after the close today.

Looking ahead to tomorrow, the National Federation of Independent Business (NFIB) small-business index will be due out, along with national trade numbers for December, and real household debt for the fourth quarter. 

All economic dates listed here are tentative and subject to change.

 

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