What to Watch in the Day Ahead - Wednesday, February 5

Reuters
02-05
What to Watch in the Day Ahead - Wednesday, February 5

The Day Ahead is an email and PDF publication that includes the day's major stories and events, analyses and other features. To receive The Day Ahead, Eikon users can register at DAY/US. Thomson One users can register at RT/DAY/US. All times in ET/GMT

Walt Disney reports first-quarter results. Analysts expect its entertainment business to benefit from the strong box office performance of "Moana 2" and "Mufasa: The Lion King", though the company's theme park business may be adversely impacted by its investment in the cruise ship business as well as two recent hurricanes in Florida.

On U.S. economic data front, the ADP national employment report is expected to show that private payrolls likely grew by 150,000 jobs in January, after advancing by 122,000 jobs in the month before. Meanwhile, the Institute for Supply Management is expected to report that non-manufacturing PMI likely inched up to 54.3 in January from 54.1 in the prior month. Additionally, S&P Global composite and services final PMI data for January are also due. Separately, the Commerce Department's Census Bureau is expected to report that the country's international trade deficit widened to $96.6 billion in December from $78.2 billion in November.

Ford is expected to report its fourth-quarter and full-year results.

Qualcomm is set to report a jump in its first-quarter revenue. Investors will focus on indications of on-device AI driving demand.

Several Federal Reserve officials are scheduled to speak at different events through the day. Federal Reserve Board Governor Michelle Bowman is set to give a brief economic update and bank regulation remarks before the 2025 Kansas Bankers Association Harold A. Stones Government Relations Conference in Topeka. (1500/2000) Chicago Fed President Austan Goolsbee is slated to speak on economic perspectives before the hybrid 31st Annual Automotive Insights Symposium in Chicago. (1430/1930) Meanwhile, Fed Vice Chair Philip Jefferson is expected to give a lecture, "Do Non-Inflationary Economic Expansions Promote Shared Prosperity?" at Swarthmore College in Pennsylvania. (1930/0030) Additionally, Richmond Fed President Thomas Barkin is set to participate in a fireside chat before the Conference Board "2025: A Year in Preview" Conference in New York. (0900/1400)

Analysts expect Uber to report a rise in fourth-quarter revenue helped by demand for ride-hailing services during the holidays. Investors expect the company to comment on its robotaxi partnerships, offerings and expansion to compete with rivals in the sector.

Arm Holdings is expected to post an increase in third-quarter revenue, helped by companies designing new chips due to a rapid increase in artificial intelligence applications.

Michael Kors parent Capri Holdings is expected to post a decline in third-quarter revenue, hurt by sluggish demand for its luxury brands. Investors will look for comments on the company's performance in terms of sales, margins and debt pressures, and potential suitors for the sale of Versace and Jimmy Choo brands or the entire group.

Drug distributor Cencora is expected to report first-quarter results. Investors are expected to look out for any changes to its annual profit forecast. Meanwhile, Mckesson is expected to give its third-quarter results. Investor focus will be on the performance of its specialty and branded drugs.

Bitcoin buyer MicroStrategy is expected to post a fourth consecutive quarterly loss when it reports its fourth-quarter earnings.

Grain trader and processor Bunge is expected to post a fall in its fourth-quarter profit. Investors will be on the lookout for comments on its $34 billion acquisition of Viterra, which still needs to clear some regulatory hurdles.

News Corp is slated to report a rise in second-quarter profit despite declining revenue, as the company's efforts to realign its focus on its core publishing business — including the sale of its Australian cable-TV unit Foxtel to DAZN — is helping the company to cut back on costs.

Boston Scientific is set to report fourth-quarter results. Investors will look out for updates to its 2025 outlook apart from Q4 sales of its heart devices.

Payments firm Fiserv is expected to post a rise in fourth-quarter profit, as spending trends remained robust.

Allstate is expected to report a higher profit when it reports its fourth-quarter earnings. Investors will watch out for updates from the company on the impact from the LA fires.

Canada's trade balance data for December is likely to show a surplus of C$750 million, following a deficit of C$323 million in November.

In Latin America, Brazil's statistics agency, IBGE, is expected to report that industrial production likely fell 0.5% in December, after recording a fall of 0.6% in the prior month. Annually, industrial production likely rose 1.1.% in December. Investors will also look out for the country's S&P Global composite and services PMI data for January. Meanwhile, Mexico's statistics agency is expected to report that gross fixed investment dropped 0.1% in November after posting a rise of 0.1% in October.

LIVECHAT-REUTERS GLOBAL MARKETS FORUMEquities Watch with Reuters market correspondents in London and New York. (0900/1400) To join the conversation, click here

(Reporting by Lactus Fernandes; Edited by Vijay Kishore)

((Lactus.Fernandes@thomsonreuters.com;))

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10