Nvidia, Salesforce, Zoom, Macy’s and more stocks for investors to watch this week


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Many tech and retail companies will release their latest quarterly results this week. Federal Reserve watchers will tune in to the central bank’s annual conference in Jackson Hole, Wyoming, at the end of the week.

Focus on video communications

will be the highlight of Monday’s results, followed by the results of


Advanced auto parts





Toll Brothers



Selling power

snowflake, and

Williams Sonoma

Will inform.

Burlington Stores

Dell Technologies

General dollar

dollar tree

Ulta Beauty, and


publication of quarterly results on Thursday.

The Kansas City Fed’s three-day economic policy symposium begins Thursday, with economists and officials discussing this year’s theme “Reassessing Constraints on Economics and Policy.”

Economic data released this week will include S&P Global’s manufacturing and services purchasing managers’ indices for August on Tuesday. The Census Bureau will also release the durable goods report for July on Wednesday and the Bureau of Economic Analysis will release personal income and spending figures for July on Friday.

monday 8/22

Palo Alto Networks and Zoom Video Communications release their quarterly results.

The Federal Reserve Bank of Chicago publishes its national activity index for July. The consensus estimate is for a negative reading of 0.14, slightly better than in June.

tuesday 8/23

Nvidia reports its results for the second quarter of fiscal 2023. In early August, the company announced weaker-than-expected sales for the quarter in advance due to weakness in its gaming segment. The shares have fallen 6% since then.

advanced auto parts,

Bank of Nova Scotia


J. M. Smucker



Nordstrom and Toll Brothers report earnings.

The Census Bureau reports new home sales data for July. Economists forecast sales of new single-family homes at a seasonally adjusted rate of 577,500, down 12,500 from June. New home sales are down more than 40% from summer 2020.

S&P Global News Releases its manufacturing and services purchasing managers’ indices for the month of August. Expectations relate to manufacturing


at 52, while the services PMI is expected to come in at 50. This compares to readings of 52.2 and 47.3, respectively, in July. It was the first reading below 50 for the services PMI in more than two years, indicating contraction in the sector.

Wednesday 8/24



Royal Bank of Canada

Salesforce, Snowflake, and Williams-Sonoma report revenue.

The Census Bureau publishes durable goods report for July. The consensus call is for new orders for durable manufactured goods to rise 0.5% month over month to $274 billion.

Thursday 8/25

Burlington Stores,

Canadian Imperial Bank of Commerce

Dell Technologies, Dollar General, Dollar Tree,

Marvell Technology

Toronto-Dominion Bank

Ulta Beauty, VMware and Workday hold conference calls to discuss quarterly results.

The Federal Reserve The Bank of Kansas City is hosting the 2022 three-day Economic Policy Symposium in Jackson Hole, Wyo. “Reassessing Constraints on Economics and Politics” is the theme of this year’s conference.

The Office of the Economy The analysis reports its second estimate of gross domestic product growth. The preliminary estimate was that GDP contracted at a seasonally adjusted annual rate of 0.9% in the second quarter. This marked two consecutive quarters of declines, meeting one definition of a recession.

Friday 8/26

The BEA reports personal income and expenses for July. Revenue is expected to rise 0.6% month-over-month, matching June’s gain. Spending is expected to rise 0.5% from 1.1% previously. Consensus estimates call for the core personal consumption expenditure price index to rise 4.7% year-over-year, following a 4.8% jump in June.

Write to Nicholas Jasinski at [email protected]


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