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The week of May 16 is loaded with major earnings catalysts. NVIDIA tops the bill — the $5.7 trillion chipmaker reports on Wednesday, May 20 after the close. Markets will focus on data centre demand and AI chip guidance.
Also on Wednesday, Lowe's ($125B market cap) and Target ($56B) both report before the bell. Consumers and housing stocks hinge on their results. Analog Devices and Intuit add to Wednesday's tech weight, with Intuit reporting after hours.
Tuesday brings Brady Corporation and insurance giant Progressive ($115B), whose results arrive Tuesday evening. Progressive's premium growth and loss ratios will be closely watched.
Thursday rounds out the week with three names in focus. Ross Stores ($69B) reports after the close alongside Copart ($31B) and Advance Auto Parts. Advanced Drainage Systems reports Thursday morning.
Consulting firm Booz Allen Hamilton closes the week on Friday.
No significant IPOs are scheduled in the next seven days. With NVIDIA front and centre, Wednesday shapes up as the week's pivotal trading day.
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.