Big Tech Earnings Dominate the Week

ORCL and ADBE headline a busy week of earnings. Both report after the close, with results dropping Tuesday and Wednesday respectively.

Oracle kicks things off on Tuesday, June 10. The cloud giant carries a $615 billion market cap. Short sellers are light, with SI at just 2.1% of free float. Markets will focus on AI infrastructure demand and cloud revenue growth.

Adobe follows on Wednesday, June 11. The $102 billion software group faces scrutiny over its AI monetisation strategy. Short interest sits at 4.8% of free float — modest, but bears are watching closely.

Homebuilder LEN also reports Wednesday. Housing data remains mixed, making Lennar's commentary on demand and margins a key read-through for the sector.

Luxury furniture retailer RH rounds out Wednesday's slate. RH often trades wildly on results. It's a closely watched bellwether for high-end consumer spending.

Today, MTN (Vail Resorts) and CPB (Campbell's) both report. Vail closes its ski season results, while Campbell's holds its Q3 earnings call at 9am ET.

CASY and CBRL report Monday. Both are consumer staples names sensitive to fuel and food costs. No IPOs are scheduled for the coming week.