What’s Coming: A High-Stakes Week for Wall Street and World Leaders
A pivotal week as Wall Street, Washington, and global leaders shape May’s economic pulse.
The U.S. business sector is set for a week of pivotal developments—from critical economic data releases and corporate earnings reports to high-profile international summits and policy shifts. Here's what to watch.
Corporate Earnings to Watch
Walmart: Investors will scrutinize Walmart's earnings report for insights into consumer spending patterns.
Cisco & Applied Materials : Both companies are set to release earnings, with a focus on developments in AI and the semiconductor industry.
Take-Two Interactive : The gaming compan y is expected to report earnings, coinciding with promotions for a new Grand Theft Auto game.
International Business & Trade
Saudi-US Investment Forum : President Donald Trump will make his first trip to Saudi Arabia of his second term along with Top U.S. CEOs, including Elon Musk, Mark Zuckerberg, and Larry Fink, will attend the forum in Riyadh, aiming to bolster U.S. investment through partnerships with Saudi Arabia and other Gulf countries.
Trade Talks with China: Ongoing trade negotiations with China are expected to influence market dynamics, with potential impacts on tariffs and trade policies.
Economic Indicators & Market Movements
Consumer Price Index (CPI) : The April CPI report will be released, providing insights into inflation trends. A surprise in the data could significantly affect market sentiment.
Retail Sales : April retail sales figures will be published, offering a gauge of consumer spending amid economic uncertainties.
Federal Reserve Speeches : Federal Reserve Chair Jerome Powell and other officials are scheduled to speak, potentially influencing expectations regarding interest rate policies.
Stay tuned to Candorium for comprehensive coverage and analysis of these developments shaping the U.S. business landscape in the coming week.
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