Twitter delisting, Disney earnings, consumer price index lead in week ahead

A new consumer price update is on the way for Wall Street this coming week. Additionally, investors will face another wave of corporate earnings.

US stocks rebounded on Friday, with the Dow Jones Industrial Average closing up 400 points, or 1.26%. The S&P 500 and Nasdaq Composite ended the session up 1.36% and 1.28%, respectively.

However, all three benchmarks ended lower for the week. The Dow ended a four-week winning streak while the S&P and Nasdaq snapped two-week winning streaks.

Teleprinter Security Last To change To change %
Me: DJI DOW JONES AVERAGES 32403.22 +401.97 +1.26%
SP500 S&P500 3770.55 +50.66 +1.36%
I: COMP NASDAQ COMPOSITE INDEX 10475.25445 +132.31 +1.28%

FOX Business takes a look at the next events likely to move Financial markets in the coming days.

LIVE UPDATES: HEAVY LIFTING JOB DATA, MUSK FIRING TWITTER WORKERS

Monday 11/7

BioNTech, Blue Apron, Choice Hotels, NRG Energy and Palantir Technologies will be among the companies to start the week with profits before markets open on Monday.

Teleprinter Security Last To change To change %
BNTX BIONTECH SE 154.31 +9.06 +6.24%
APRN BLUE APRON OUTFITS 2.07 -0.09 -4.17%
CHH CHOICE OF INTERNATIONAL HOTELS 128.51 +2.81 +2.24%
NRG NRG ENERGY INC. 44.35 +0.72 +1.65%
PLTR PALANTIR TECHNOLOGIES INC. 7.93 -0.15 -1.86%

Revenues to watch after the bell will include Activision Blizzard, Diamondback Energy, Groupon, Lyft, SmileDirectClub, Take-Two Interactive, Tripadvisor and Virgin Orbit.

Teleprinter Security Last To change To change %
ATVI ACTIVISION BLIZZARD INC. 71.96 +0.06 +0.08%
CROC DIAMONDBACK ENERGY INC. 161.37 +2.84 +1.79%
GRPN GROUPON INC. 7.07 +0.23 +3.36%
LYFT LYFT INC. 13.74 +0.02 +0.15%
SDC SMILEDIRECTCLUB INC. 0.64 -0.02 -3.03%
TWO INTERACTIVE SOFTWARE TAKE-TWO INC. 108.53 -2.77 -2.49%
TRAVEL TRIPADVISOR INC. 23.72 +0.55 +2.37%
speech VIRGIN ORBIT 2.91 -0.01 -0.34%

On the economic data side, investors will turn to consumer credit.

The Federal Reserve will also tour Cleveland and Boston Fed Chairs Loretta Mester and Susan Collins participating in a moderated discussion ahead of the Women in Economics hybrid symposium. Richmond Fed Chairman Thomas Barkin will also deliver a keynote address and participate in a panel before the bank’s “Demystifying Inflation” hybrid district dialogue.

THE OCTOBER EMPLOYMENT REPORT IS STRONG, MAKING THE FED’S FIGHT AGAINST INFLATION MORE DIFFICULT

tuesday 8/11

Earnings will rise on Tuesday with companies such as Coty, EW Scripps, Hain Celestial Group, Lordstown Motors, Norwegian Cruise Line, Party City and Planet Fitness delivering results before the market opens.

Teleprinter Security Last To change To change %
COTY COTY INC. 6.93 +0.41 +6.37%
SSP THE EW SCRIPPS CO. 1:40 p.m. -0.45 -3.25%
HAIN HAIN CELESTIAL GROUP INC. 18.89 +0.68 +3.73%
STROLL LORDSTOWN ENGINES 1.93 +0.08 +4.32%
NCL n / A n / A n / A n / A
PRTY PARTY CITY HOLDCO INC. 1.49 +0.02 +1.36%
PLNT PLANET FITNESS INC. 62.62 -1.46 -2.28%

Meanwhile, AMC Entertainment, Angi, GoodRx, Occidental Petroleum and The Walt Disney Company will be among the big names in the spotlight after the bell.

Teleprinter Security Last To change To change %
CMA AMC ENTERTAINMENT 5.65 -0.05 -0.88%
WALK IN ANGI INC. 1.93 -0.12 -5.85%
GDRX GOODRX HOLDINGS INC. 5.06 +0.16 +3.27%
OXY WESTERN PETROLEUM CORP. 73.27 +1.11 +1.54%
SAY THE WALT DISNEY CO. 99.58 +0.38 +0.38%

The NFIB Business Optimism Index will be at the center of economic data on Wednesday. Other notable events include the delisting of Twitter shares from the New York Stock Exchange and European Union regulators’ deadline to announce further investigation into Microsoft’s acquisition of Activision Blizzard.

Wednesday 9/11

Earnings on Wednesday’s schedule will include Capri Holdings, DR Horton, Hanesbrands, Roblox and Wendy’s before markets open and Beyond Meat, Redfin, Rivian and ZipRecruiter after the bell.

Teleprinter Security Last To change To change %
IRCP CAPRI HOLDINGS LTD. 47.67 +3.14 +7.05%
DHI DR HORTON INC. 75.18 +1.55 +2.11%
HBI HANE BRANDS INC. 6.98 +0.30 +4.49%
RBLX ROBLOX CORP. 40.58 -2.72 -6.28%
MAGNIFYING GLASS THE WENDY’S CO. 8:43 p.m. +0.08 +0.39%
BYND BEYOND MEAT INC. 13.91 -0.45 -3.13%
RDFN REDFIN CORP. 4.02 -0.27 -6.29%
SHORE RIVIAN AUTOMOTIVE INC. 31.99 -0.25 -0.78%
ZIP *: ENGLISH ZIPRECRUIT 15.61 -0.33 -2.07%

Wednesday’s economic data will include inventories and wholesales, weekly mortgage applications and weekly crude inventories from the Energy Information Administration.

New York Fed President John Williams will also deliver a keynote address to the High-Level Conference of the Swiss National Bank, Federal Reserve and Bank for International Settlements on Risk, Uncertainty and Volatility worldwide.

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Thursday 11/10

Ralph Lauren, Six Flags Entertainment, Tapestry, US Foods, UTZ Brands, Warby Parker and WeWork will all provide results before market open Thursday.

Teleprinter Security Last To change To change %
RL RALPH LAUREN CORP. 95.06 +4.36 +4.81%
SIX SIX FLAGS ENTERTAINMENT CORP. 9:20 p.m. +0.24 +1.15%
TRP TAPESTRY INC. 32.47 +2.42 +8.04%
USFD US FOODS HOLDING CORP. 29.27 +0.52 +1.81%
UTZ UTZ BRANDS, INC. 16.14 +0.41 +2.61%
WRBY WARBY PARKER INC. 14.95 +0.32 +2.19%
WE WE WORK 2.61 +0.05 +1.95%

Endeavor Group, Flower Foods and Poshmark will be among the companies to close the week with profits after the bell.

Teleprinter Security Last To change To change %
EDR ENDEAVOR GROUP 8:40 p.m. -0.13 -0.63%
FLO FLOWER FOODS INC. 28.52 +0.01 +0.02%
CHIC POSHMARK INC. 17.80 -0.03 -0.17%

On the economic data front, investors will equate the consumer price index, the federal budget balance and the latest initial and continuing unemployment insurance claims. Dallas and Kansas City Fed Presidents Lorie Logan and Esther George will also speak ahead of the hybrid banking conference, “Energy and the Economy: The New Energy Landscape.”

friday 11/11

The University of Michigan Consumer Confidence Index will end the week for economic data.

President Joe Biden will also attend the COP27 climate summit in Cairo, Egypt, and Treasury Secretary Janet Yellen will travel to India to witness the US-India Economic and Financial Partnership ahead of the G20 meeting.

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