You are currently viewing AMD, PayPal, Starbucks, Uber, Paramount and other stocks to watch this week

AMD, PayPal, Starbucks, Uber, Paramount and other stocks to watch this week

This is the peak of the second quarter earnings season, with around 150


the companies were due to report this week. The highlights of the economic calendar will be a pair of PMI and jobs readings on Friday.

Highlights of Wednesday’s results will be

Reserve credits

SVC Health




Thursday will bring results from Alibaba Group Holding, Block,

Conoco Phillips

World Paramount


Discovery of Warner Bros.


EOG Resources


western digital

close the week on Friday.

Economic data released this week will include the Institute for Supply Management’s Manufacturing Purchasing Managers’ Index for July on Monday, followed by Services


Wednesday. Both measures of activity are expected to decline from June.

On Tuesday, the Bureau of Labor Statistics will release the Job Openings and Labor Turnover Survey for June. Then, on Thursday, the Bank of England will announce a monetary policy decision. A rise in interest rates is likely to be in store.

Finally, the highlight of the week will be the Bureau of Labor Statistics’ employment report for July on Friday morning. The consensus of economists calls for a growth of 250,000 non-farm jobs and a maintenance of the unemployment rate at 3.6%.

monday 8/1

Arista Networks


Devon Energy, Global Payments,

SBA Communications

Simon Real Estate Group, and


Cos report. earnings.

The Census Bureau releases construction spending statistics for the month of June. The consensus estimate is for a 0.2% monthly increase in total construction spending, at a seasonally adjusted annual rate of $1.78 trillion.

The Supply Institute The management publishes its index of manufacturing purchasing managers for the month of July. Economists forecast a reading of 52.2, slightly lower than June’s reading of 53, which was the lowest in two years.

tuesday 8/2

The Bureau of Labor Statistics releases the Job Opportunities and Labor Turnover Survey. Expectations are for 11.1 million job openings on the last working day of June, down 154,000 from May.

Advanced Micro Appliances, Airbnb, BP, Caterpillar,


Du Pont

Eaton, Electronic Arts,

Gilead Sciences

Marathon Petroleum, Marriott International, Occidental Petroleum, PayPal Holdings,

Prudential Financial

S&P Global, SolarEdge Technologies, Starbucks and Uber Technologies announce their quarterly results.

Wednesday 8/3


Reservation of assets,


CVS Health, eBay,








Regeneron Pharmaceuticals


Yum! Brands

release earnings.

The ISM publishes its services PMI for July. The consensus call is for a reading of 53.3, two points lower than in June. The services PMI has fallen for three consecutive months and is at its lowest level since May 2020.

Thursday 8/4

Alibaba Holding Group,


Becton Dickinson

To block,



duke energy

Eli Lily

Expedia Group

Fidelity National Information Services

Intercontinental Exchange, Kellogg,

Novo Nordisk

Global Paramount,


Vertex Pharmaceuticals

Warner Bros. Discovery, and


Hold calls to discuss quarterly results.

The Bank of England announces its monetary policy decision. Traders are banking on a 50% chance that the central bank will raise its key rate by half a percentage point to 1.75%.

The Ministry of Labor reports the first jobless claims for the week ending July 30. The four-week average of requests is 249,250, the highest level since late last year.

Friday 8/5

western digital and Westinghouse Air Brake Technologies report earnings.

The Bureau of Labor Statistics releases July jobs report. Economists believe the economy added 250,000 jobs, following an increase of 372,000 in June. The jobless rate is expected to remain unchanged near a half-century low of 3.6%.

Write to Nicholas Jasinski at

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