What to Expect in Markets This Week: AMD, Palantir, Pharmaceutical and Tech Earnings; Private-Sector Employment Report
The coming week is packed with earnings reports from major technology and pharmaceutical companies, along with updates on private-sector employment and consumer sentiment. Technology firms are expected to take center stage, though drugmakers and gig economy players will also draw investor attention.
Focus on Artificial Intelligence
Market analysts are especially focused on the growing demand for artificial intelligence. Chipmakers such as Advanced Micro Devices, Qualcomm, and Arm Holdings, along with software company Palantir, will release their results this week.
“Results from pharmaceutical firms come amid pressure from the Trump administration to lower prices.”
Key Earnings and Events
- Tuesday: Advanced Micro Devices reports earnings; investors await updates on its AI chip deal signed in October with Oracle.
- Monday: Palantir Technologies releases results following a year in which its stock more than doubled, driven by strong AI demand.
- Later this week: Qualcomm and Arm Holdings are also set to announce their quarterly performance, with Qualcomm having recently introduced two new AI chips for data centers.
Employment and Macroeconomic Data
Market watchers will closely analyze private-sector jobs data for October, as the government’s official employment report has likely been postponed again due to an ongoing shutdown now entering its second month.
For a full list of earnings and macroeconomic events, see the calendar at the end of the article.
Author’s summary: This week’s markets revolve around AI-driven earnings and economic data amid a prolonged government shutdown and political pressure on drug pricing.