March begins with a batch of earnings reports that investors should keep an eye on, particularly in the AI and retail sectors. This week’s key earnings include:
– Target (TGT) on Tuesday, providing insights into its performance amidst shifting consumer spending trends.
– CrowdStrike (CRWD), releasing its report after market hours, which will be closely watched for resilience and growth prospects following a significant global tech outage last year.
Semiconductor company Marvell Technology (MRVL) reports earnings Wednesday, followed by Broadcom (AVGO) and Costco (COST) on Thursday. These companies’ results will shed light on the semiconductor and retail warehouse sectors.
This week’s labor market data includes:
– S&P’s U.S. Manufacturing PMI for February on Monday.
– S&P’s final U.S. Services PMI, ADP employment report, and Beige Book on Wednesday.
– Initial jobless claims data, U.S. trade deficit report, on Thursday.
– The official U.S. jobs report, unemployment rate, and hourly wage growth data on Friday.
These figures will be crucial in assessing the job market’s resilience and its implications for monetary policy.
Source: https://qz.com/target-broadcom-costco-stock-earnings-markets-1851766459