A busy week ahead for markets, led by Apple’s annual Worldwide Developers Conference (WWDC) starting Monday, will see several key events unfold. CEO Tim Cook is expected to address new products, services, and partnerships during the keynote session.
In addition to WWDC, GameStop’s earnings call on Tuesday will provide insight into the company’s cryptocurrency strategy. Investors are also watching for inflation data from a U.S. report scheduled for Wednesday, which could shed light on President Donald Trump’s tariffs and their impact on the economy.
The Senate is set to continue its work on Trump’s “Big, Beautiful” budget bill amidst criticism from Tesla CEO Elon Musk. Meanwhile, GameStop’s latest move into the cryptocurrency market may influence companies like Michael Saylor’s Strategy (MSTR), which have adopted a similar approach.
On Thursday, Adobe’s earnings report will focus on AI-enhanced graphics software sales. The week will close with Friday’s consumer sentiment report, which has seen readings drop for four straight months as consumers worry about inflation driven by tariffs.
A calendar of key events is available below.
Source: https://www.investopedia.com/what-to-expect-in-markets-this-week-may-inflation-data-apple-conference-gamestop-earnings-11749224