Three high-profile reports arrive before Friday. The week's biggest event is MU on Wednesday. Micron Technology carries a $1.18 trillion market cap into its Q3 results. Analysts will focus on AI-driven memory demand and any forward guidance on HBM chips.
FDX reports Q4 results Tuesday after the close. The logistics giant has been navigating a slowdown in global freight volumes. Investors want clarity on cost-cutting progress and the full spin-off of its freight unit.
Also on Tuesday, CCL posts Q2 cruise figures. Carnival has ridden strong leisure travel demand. The key watch is pricing power heading into peak summer season.
KBH reports Q2 on Tuesday too. KB Home faces a tricky backdrop — mortgage rates remain elevated and new home sales have softened in recent months.
Wednesday brings PAYX Q4 results. Paychex is a steady bellwether for the US labour market. Any signs of payroll slowdown will draw attention.
DRI rounds out the week on Thursday. Darden Restaurants runs Olive Garden and LongHorn Steakhouse. Consumer spending resilience is the story here.
MKC also reports Thursday. McCormick's Q2 numbers will test whether food brands can still pass on costs to shoppers.
No significant IPOs are scheduled for the next seven days based on current filings.
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