Today brings one of the busiest single-day earnings slates of the quarter. McDonald's ($203B market cap) reports this morning at 8:30am ET. Investors want to know if value meals are holding traffic steady. Gilead Sciences ($166B) drops results after the close. Motorola Solutions and McKesson also report today.
Becton, Dickinson and Sempra both release numbers pre-market. Microchip Technology holds its call at 5pm ET. MetLife and W.W. Grainger round out a packed Thursday morning.
Tomorrow sees PPL Corporation on the calendar. STERIS follows on Monday.
Mid-week, attention shifts to big-cap tech. Constellation Energy reports Monday at 9:30am ET. Sea Limited holds its call Tuesday morning. Alibaba reports Wednesday — the $297B e-commerce giant faces scrutiny over China demand trends. Cisco Systems closes out the week on Wednesday after the bell. The $372B networking giant is the largest name on this week's calendar.
No IPOs are scheduled in the next seven days per current filings.
The week is heavily weighted toward today. Over a dozen large-caps report on May 7 alone.
ORTEX Market Intelligence content is generated by AI from a snapshot of ORTEX's proprietary data. Content is informational only and does not constitute investment advice.