Tech Earnings Set to Drive Markets This Week

Two major technology names headline an active week of corporate events. ORCL and ADBE both report Thursday after the close.

Oracle's results will test sentiment around enterprise AI spending. The stock carries a $457 billion market cap. Short interest sits at just 2.9% of free float. Bears are not pressing hard going into the print.

Adobe faces a tougher crowd. Short interest stands at 4.6% of free float. The $106 billion software giant has faced pressure on AI competition fears. Thursday's numbers will be closely watched for any demand signals.

Also Thursday, retailer M — Macy's — posts results in the morning. Consumer spending data has been mixed. The print will test how department stores are holding up.

Wednesday brings ABM Industries and food distributor UNFI. Tuesday sees CASY — Casey's General Stores — deliver its quarter after the bell.

On Wednesday, COO — The Cooper Companies — and apparel name AEO — American Eagle Outfitters — round out a busy mid-week slate.

KR — Kroger — wraps the week Friday morning with its latest grocery sector update.

No major IPOs are scheduled in the next seven days.