Today's Stock Market News & Events: 5/31/2022

Today's market-moving economic data and earnings schedule

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There is plenty of economic data on deck during this holiday-shortened trading week, with investors eyeing inflation data. Earnings season has officially wound down, though there are still a handful of notable reports to come. Specifically, Capri Holdings (CPRI),  Chewy (CHWY), CrowdStrike (CRWD), GameStop (GME), Hewlett Packard Enterprise (HPE), HP (HPQ), Lululemon Athletica (LULU), Salesforce.com (CRM), Trip.com (TCOM), and Victoria's Secret (VSCO) are a few of the companies announcing their quarterly results. 

The market was closed for Memorial Day on Monday, May 30. Today will bring the S&P Case-Shiller national home price index, the Chicago purchasing managers' index (PMI), and the consumer confidence index. 

The following public companies are slated to release corporate earnings today, May 31:

KE Holdings Inc. (NYSE:BEKE -- $11.49) engages in operating an integrated online and offline platform for housing transactions and services in the People's Republic of China. KE Holdings will report its Q1 earnings of 2022 before the bell today.

Ambarella Inc. (NASDAQ:AMBA -- $88.10) develops semiconductor solutions for video that enable high-definition (HD) and ultra HD compression, image processing, and deep neural network processing worldwide. Ambarella will report its Q2 earnings of 2022 after the close today.

CAE Inc. (NYSE:CAE -- $24.95) designs, manufactures, and supplies simulation equipment and training solutions to defense and security markets, commercial airlines, business aircraft operators, helicopter operators, aircraft manufacturers, and healthcare education and service providers worldwide. CAE will report its Q2 earnings of 2022 after the close today.

Digital Turbine Inc. (NASDAQ:APPS -- $26.66) provides media and mobile communication products and solutions for mobile operators, application advertisers, publishers, device original equipment manufacturers (OEMs), and other third parties. Digital Turbine will report its Q2 earnings of 2022 after the close today.

HP Inc. (NYSE:HPQ -- $38.75) provides personal computing and other access devices, imaging and printing products, and related technologies, solutions, and services in the United States and internationally. HP will report its Q2 earnings of 2022 after the close today.

Salesforce Inc. (NYSE:CRM -- $165.10) provides customer relationship management technology that brings companies and customers together worldwide. Salesforce will report its Q2 earnings of 2022 after the close today.

Sportsman's Warehouse Holdings Inc. (NASDAQ:SPWH -- $9.59) operates as an outdoor sporting goods retailer in the United States. Sportsman's Warehouse will report its Q2 earnings of 2022 after the close today.

Victoria's Secret & Co. (NYSE:VSCO -- $42.67) operates as a specialty retailer of women's intimate, personal care, and beauty products worldwide. Victoria's Secret will report its Q2 earnings of 2022 after the close today.

Looking ahead to tomorrow, the S&P Global U.S. manufacturing PMI is due out, along with the Institute for Supply Management (ISM) manufacturing index, job openings data, construction spending data, motor vehicles sales, and the Federal Reserve's Beige Book. 

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

 

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