A heavy slate of earnings is on deck this week, led by tech titans and major U.S. corporations. Tesla (NASDAQ:TSLA) and Alphabet (NASDAQ:GOOGL) will be in the spotlight, with reports from Intel (NASDAQ:INTC), IBM (NYSE:IBM), Coca-Cola (NYSE:KO), General Motors (NYSE:GM), Verizon Communications (NYSE:VZ), and HCA Healthcare (NYSE:HCA) also due. In addition to corporate results, investors will examine housing market data and key economic indicators like jobless claims and durable goods orders.
Earnings in Focus: Tesla, Alphabet, Intel Among Key Reports
With over 80% of S&P 500 firms still to report, earnings season kicks into high gear. Tesla (NASDAQ:TSLA) will announce results on Wednesday, drawing attention not only for its faltering sales figures—particularly in Europe—but also for broader concerns around CEO Elon Musk’s leadership and the company’s new robotaxi reveal. The EV maker’s stock is down nearly 20% year-to-date, and recent analyst downgrades (including a “fundamentally overvalued” label from UBS) have added pressure.
Also on Wednesday, Alphabet (NASDAQ:GOOGL) will deliver its quarterly results, with investors zeroing in on updates regarding AI expansion and monetization. Intel (INTC) reports Thursday, as it navigates layoffs and a strategic shift under new CEO Lip-Bu Tan toward contract chip production.
Elsewhere, GE Vernova (NYSE:GEV) is expected to offer insights into energy usage trends, especially with demand rising from AI data centers.
Telecoms and Consumer Giants Join the Earnings Parade
Verizon (NYSE:VZ) is up first on Monday, with hopes pinned on signs of subscriber growth. AT&T (NYSE:T) is also set to post earnings later in the week.
On the consumer and industrial front, Coca-Cola (NYSE:KO) and General Motors (NYSE:GM) could reveal how tariffs and inflation are affecting their bottom lines. HCA Healthcare (NYSE:HCA) wraps up the week on Friday, as the company deals with the fallout from a recent cybersecurity breach.
Housing Market Still Under Pressure?
Investors will also be eyeing June data on existing and new home sales. Despite a slight improvement in May, the annual pace of existing home sales remains historically weak—just around 4 million. New home sales, however, have been buoyed by rising inventory. Data on both segments will be released Wednesday and Thursday, respectively.
More Macro: Jobs and Durable Goods
Thursday also brings initial jobless claims, an important gauge of labor market health. On Friday, durable goods orders will offer a snapshot of manufacturing momentum amid a still-uncertain economic outlook.
Fed Officials, OpenAI CEO to Speak at Conference
A banking conference on Tuesday will feature scheduled remarks from Federal Reserve Chair Jerome Powell and Governor Michelle Bowman. As the Fed enters its pre-meeting blackout period, commentary may steer clear of interest rate specifics. Also on the docket is OpenAI CEO Sam Altman, who is expected to speak at the event—another sign of growing crossover between tech and finance.
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