Third-quarter earnings season slows down this week, but still with plenty of high-profile companies left to report.
on Tuesday. Wednesday’s highlights will be Walt
closes the week on Friday.
Investor days scheduled for this week include
on Thursday, and
The economic data highlights of the week will be a pair of October inflation measures. The Bureau of Labor Statistics releases the producer price index on Tuesday, followed by the consumer price index on Wednesday. The full and core versions of both indexes are expected to accelerate from their September readings.
Other data out this week include the National Federation of Independent Business’ Small Business Optimism Index for October on Tuesday and the University of Michigan’s Consumer Sentiment index for October on Friday.
U.S. bond markets will be closed on Thursday in observance of Veterans Day, while stock markets will remain open.
AMC Entertainment Holdings, PayPal Holdings, and Roblox release quarterly results.
Coinbase Global, DoorDash,
Palantir Technologies, and
Broadcom hosts an investor day in New York.
The Bureau of Labor Statistics reports the producer price index for October. Expectations are for a 0.6% month-over-month rise. The core PPI, which excludes volatile food and energy prices, is seen gaining 0.4%. This compares with increases of 0.5% and 0.2%, respectively, in September.
The National Federation of Independent Business releases its Small Business Optimism Index for October. Economists forecast a 98.5 reading, slightly less than the September number.
Walt Disney reports fiscal fourth-quarter 2021 results. The stock is down 1%, compared with the
7% gain, since Sept. 21, when CEO Bob Chapek issued a warning about the growth of its streaming services.
Affirm Holdings and
announce quarterly results.
Rivian is expected to begin trading on the Nasdaq exchange under the ticker RIVN. The
-backed company is offering 135 million shares at $57 to $62 each, giving it a valuation of roughly $53 billion.
hold investor meetings.
The BLS releases the consumer price index for October. Consensus estimate is for a 6% year-over-year gain, compared with a 5.4% jump in September. The core CPI is expected to increase at a 4.4% clip, faster than September’s 4% growth rate.
U.S. fixed-income markets are closed in observance of Veterans Day.
Brookfield Asset Management, Organon, and Tapestry hold conference calls to discuss earnings.
NXP Semiconductors hosts an investor day in New York.
AstraZeneca releases quarterly results.
Becton Dickinson hosts an investor day virtually.
The University of Michigan releases its Consumer Sentiment index for October. Consensus estimate is for a 72.5 reading, slightly higher than September’s.
The BLS releases the Job Openings and Labor Turnover Survey. Economists forecast 10 million job openings on the last business day of September, about 400,000 fewer than in August, but still a historically elevated level.
Write to Nicholas Jasinski at [email protected]