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In the fast-paced world of technology, quarterly earnings reports from major players often set the tone for market sentiment. This article covers the upcoming tech earnings announcements from chipmakers AMD and Qualcomm, as well as reports from tech giants Amazon and Apple. Additionally, we will discuss the significant economic data expected from the Federal Reserve. Investors and tech enthusiasts alike are eagerly awaiting these updates to gauge the state of the chip business, PC sales, AWS growth, iPhone sales, and the overall economic health.
Chipmakers AMD and Qualcomm
- Dates: Tuesday and Wednesday
AMD and Qualcomm, two leading chipmakers, are scheduled to release their earnings reports next week. The market will be closely monitoring these announcements for signs of a rebound in the chip industry and PC sales. The positive report from Intel has already heightened expectations, making these reports even more critical.
Magnificent Seven: Amazon and Apple
- Dates: Thursday after the Bell
Two members of the so-called “Magnificent Seven,” Amazon and Apple, are set to reveal their quarterly results on Thursday after the bell. For Amazon, investors will be particularly interested in the growth of AWS (Amazon Web Services), following concerns stemming from the last earnings report that led to a slide in Amazon’s shares.
As for Apple, all eyes are on the exciting launch of the Vision Pro headset, which is expected to retail at a premium price of three thousand dollars. Additionally, investors are closely tracking iPhone sales, especially given the recent slowdown in smartphone shipments.
Economic Reports from the Federal Reserve
- Dates: Throughout the week
Apart from tech earnings, the Federal Reserve’s economic reports will play a crucial role in shaping market sentiment. Key data includes:
- ADP Employment Report: Providing insights into the private sector job market.
- Weekly Jobless Claims: Monitoring unemployment trends and job market stability.
- Non-Farm Payrolls: Indicating the overall employment situation.
- Unemployment Rate: Offering a snapshot of the jobless percentage in the economy.
- Hourly Wages: Tracking income trends and inflationary pressures.
These reports are essential for investors and policymakers alike, as they reveal the state of the economy and can influence the Federal Reserve’s monetary policy decisions.
Interview with Chicago Fed President Austin Goolsbee
- Date: Monday
To gain further understanding of the Fed’s actions and plans, don’t miss Jennifer Schomberger’s interview with Chicago Fed President Austin Goolsbee on Monday morning. They will delve into the central bank’s strategy to combat inflation, an issue of critical importance for the overall economic landscape.
Next week promises to be an eventful one for investors, technology enthusiasts, and economists alike. The tech earnings reports from AMD, Qualcomm, Amazon, and Apple will provide valuable insights into the state of the industry, while the economic data from the Federal Reserve will shed light on the overall economic health. Make sure to stay tuned to Yahoo Finance for comprehensive coverage and analysis of these significant events.
Disclaimer: This article does not constitute financial advice. The information provided is for educational purposes only. Before making any investment decisions, it is advisable to consult with a qualified financial advisor.
FAQs – Tech Earnings and Economic Reports to Watch Next Week
1. When will AMD and Qualcomm release their earnings reports?
AMD and Qualcomm are scheduled to release their earnings reports next week, with AMD’s report expected on Tuesday and Qualcomm’s on Wednesday.
2. What will investors be looking for in these chipmakers’ earnings reports?
Investors will be closely monitoring these reports for further signs of a rebound in the chip business and PC sales. The positive report from Intel has raised expectations for the entire industry, making these updates crucial.
3. When will Amazon and Apple report their quarterly results?
Amazon and Apple will report their quarterly results on Thursday after the bell.
4. What will be the focus of Amazon’s second-quarter report?
The focus of Amazon’s report will be around the growth of AWS (Amazon Web Services). The last earnings report led to a slide in Amazon’s shares due to cautious commentary around the slowdown in AWS growth.
5. What will investors be watching for in Apple’s report?
Investors will be excited about the three thousand dollar Vision Pro headset launch and will closely track iPhone sales amid a slowdown in smartphone shipments.
6. What are the economic reports from the Federal Reserve?
The Federal Reserve will release several important economic reports throughout the week, including the ADP Employment Report, weekly jobless claims, updates on non-farm payrolls, unemployment rate, and hourly wages.
7. Why are these economic reports significant?
These reports provide crucial insights into the health of the job market, overall employment situation, inflationary pressures, and the state of the economy. They can also influence the Federal Reserve’s monetary policy decisions.
8. When will the interview with Chicago Fed President Austin Goolsbee take place?
The interview with Chicago Fed President Austin Goolsbee will be held on Monday morning.
9. What will the interview cover?
The interview will delve into the Federal Reserve’s strategy to combat inflation, an important topic for the overall economic landscape.
10. Where can I find comprehensive coverage and analysis of these events?
You can stay tuned to Yahoo Finance for comprehensive coverage and analysis of the tech earnings and economic reports throughout the week.