Alright, let’s chat about what’s coming up next week in the market. There are definitely a few things that stand out, and understanding them could help you navigate your investments.
Starting with Monday, July 28th, we’ve got some stocks that might be a bit of a wild ride. Keep an eye on Opendoor Technologies (OPEN) and Krispy Kreme (DNUT); their options trading activity and increased interest from individual investors suggest they could see some big swings. On the flip side, if you’re into technical analysis, NextSource (OTCQB:NSRCF), Aureus Greenway (AGH), and TE Connectivity (TEL) look pretty “overbought,” meaning they might be due for a cool-down. Conversely, Badger Meter (BMI), Molina (MOH), and Centene (CNC) appear “oversold,” which could suggest they’re due for a rebound. In terms of earnings, we’ll hear from Welltower (WELL), Waste Management (WM), and Enterprise Products (EPD). We’re also expecting new companies to hit the market: Ambiq Micro (AMBQ), which focuses on low-power semiconductors, and Figma (FIG), a design software company aiming to raise up to $1 billion. Plus, some early investors in Smithfield Foods (SFD) will be able to sell their shares as their IPO lockup period expires, and analysts will finally be free to publish ratings on CoastalSouth Bancshares (COSO), CapsoVision (CV), Grande Group (GRAN), and Empro Group (EMPG). Don’t forget, if you own shares in Bank of Montreal (BMO), Delta Air Lines (DAL), Morgan Stanley (MS), or Costco (COST), they’re going “ex-dividend” next week, meaning you’ll need to own them before a certain date to receive their next dividend payment. And in a bit of news outside of stock movements, Target (TGT) is ending its decade-long price-matching program with Amazon (AMZN) and Walmart (WMT).
Moving into Tuesday, July 29th, it’s a huge day for earnings. Get ready for reports from major players like Visa (V), Procter & Gamble (PG), Unitedhealth Group (UNH), Merck (MRK), Booking Holdings (BKNG), Boeing (BA), Spotify (SPOT), Starbucks (SBUX), and Paypal (PYPL). Options traders are betting on big moves for Teladoc Health (TDOC) and Avis Budget (CAR) specifically after their reports. Also, keep an eye on international relations, as U.S. Treasury Secretary Scott Bessent is slated to meet with Chinese counterparts in Stockholm for more trade talks. And if you’re interested in the biotech sector, Veru (VERU) will be busy with investor meetings and a fireside chat at a virtual conference.
Wednesday, July 30th, is another blockbuster earnings day. We’ll be hearing from tech giants Microsoft (MSFT) and Meta Platforms (META), along with Qualcomm (QCOM), Altria Group (MO), Ford Motor (F), and Arm Holdings (ARM). Options data suggests Vita Coco (COCO), Carvana (CVNA), and Wingstop (WING) could see significant price swings after they release their numbers. It’s also worth noting that it will be five years since XPeng (XPEV), the Chinese electric vehicle maker, went public. Later in the day, the financial world will be glued to the Federal Reserve. At 2:00 p.m. EDT, the FOMC will issue its latest monetary policy statement, and then at 2:30 p.m. EDT, Chairman Jerome Powell will hold a press conference. These events often lead to significant market reactions.
Then we head into Thursday, July 31st, with even more big earnings. Apple (AAPL) and Amazon (AMZN) are both reporting, alongside Mastercard (MA), Abbvie (ABBV), Comcast (CMCSA), Coinbase (COIN), Anheuser-Busch InBev (BUD), and MicroStrategy (MSTR). Get ready for potentially wild rides for Reddit (RDDT), Roblox (RBLX), and Cloudflare (NET) based on options activity around their earnings. There’s also a significant legal development brewing: the U.S. Federal Circuit Court of Appeals will hear arguments regarding tariffs imposed under the International Economic Emergency Powers Act. If the court rules against the government’s ability to use tariffs for persistent trade deficits, it could definitely shake up ongoing trade negotiations. Plus, shareholders of NV5 Global (NVEE) and Acuren (TIC) will vote on their proposed $1.7 billion merger. Inflation watchers will be keen on the 10:00 a.m. EDT release of the core PCE price index for June, which is the Fed’s preferred inflation gauge; it was up 2.7% year-over-year in May. Later in the afternoon, at 4:00 p.m. EDT, Amazon (AMZN) will hold its earnings call. Everyone will be listening for updates on AI innovation with AWS, logistics efficiency, and especially margin trends for AWS. Suppliers like Aterian (ATER), NovaBay Pharma (NBY), and Air Transport (ATSG) often move with Amazon. A big wildcard here would be an announcement about a Prime price hike. At the same time, 4:00 p.m. EDT, Apple (AAPL) will have its earnings call, with major focus on their AI roadmap and how they’re handling tariffs and supply chain challenges. Suppliers like Skyworks (SWKS), Take-Two Interactive (TTWO), and Qorvo (QRVO) tend to follow Apple’s stock direction on earnings day.
Finally, Friday, August 1st, rounds out the week with earnings from energy giants Exxon Mobile (XOM), Chevron (CVX), and Enbridge (ENB), as well as consumer staple company Colgate-Palmolive (CL). It’s also a tariff deadline date for various U.S. trading partners, so that’s something to keep an eye on. Beyond earnings, there will be several interesting data reports released throughout the day: monthly Macau gross gaming revenue, an update on Class 8 truck orders, firearm background check data from the FBI, and discount broker DARTs reports. Chinese electric vehicle makers like NIO (NIO), XPeng (XPEV), Li Auto (LI), BYD Company (OTCPK:BYDDF), and ZEEKR (ZK) will also issue their monthly delivery numbers. And to cap off the week, the highly anticipated July Jobs Report will be released at 8:30 a.m. EDT. Economists are currently expecting about 101,000 new job additions and a slight tick up in the unemployment rate to 4.2%. This report is always a big market mover, so be ready for some volatility!