A massive earnings week gets underway, with over 1,500 companies globally set to report. The biggest name on the US calendar is CSCO. Cisco Systems reports Wednesday after the bell. The networking giant carries a $364bn market cap. Traders will focus on AI-driven infrastructure demand and its guidance outlook.
Also on Wednesday, DOX Amdocs holds its earnings call. The $7bn IT solutions firm serves major telecoms globally.
Monday kicks off with HRTX Heron Therapeutics and HLIT Harmonic reporting. Harmonic, valued at $1.3bn, has been riding the video streaming infrastructure wave.
In Europe, Tuesday is the big day. BAYN Bayer posts Q1 results from Frankfurt. The $43bn pharma and agrochemicals group faces ongoing litigation pressures. VOD Vodafone also reports Tuesday. The UK telecom giant, worth $36bn, has been restructuring aggressively.
Wednesday brings Germany's biggest names. Siemens releases results from Munich. At $241bn, it is Europe's largest industrial company. Deutsche Telekom holds its earnings call the same day. Thursday, Telefónica of Spain publishes figures.
No major US IPOs are scheduled for the coming seven days. The primary focus remains squarely on earnings season. Cisco's results Wednesday will set the tone for tech sentiment into month-end.
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