The week ahead is shaping up to be crucial for investors, with several key earnings reports, inflation data, and events that could set the tone for 2025 on the horizon.
Notable earnings releases include Oracle (ORCL) Corporation’s post-close report on Monday, followed by GameStop (GME) on Tuesday after market close. Adobe (ADBE) will reveal its financials on Wednesday, while Thursday brings a series of significant announcements from Broadcom (AVGO), Costco (COST), and potentially Microsoft (MSFT).
Inflation data will be released this week, including the Consumer Price Index (CPI) and core CPI data on Wednesday, and initial jobless claims data, Producer Price Index (PPI), core PPI data, Import Price Index, and U.S. retail sales figures on Thursday and Friday.
Microsoft’s board is set to vote on a proposal to invest in Bitcoin, although they have recommended voting against it, citing that the company already considers a range of investable assets including Bitcoin.
Source: https://finance.yahoo.com/news/costco-oracle-gamestop-more-stocks-100000812.html