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Tuesday, August 27, 2024

This week’s market opportunities

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US inflation data, earnings from Nvidia and CrowdStrike

The Week Ahead

Dear Phan,

This week’s U.S. economic calendar is packed with important updates, from reports on durable goods and consumer confidence to trade balances and the critical PCE inflation data.

On the earnings front, all eyes are on Nvidia, whose results could shape AI trends. Other major companies, such as Salesforce, Best Buy, and Dollar General (DG), are also reporting this week.

CrowdStrike reports earnings this week. This one will be of interest as it is its first earnings report since the faulty software update it launched caused a global outage in July. Investors will look to gauge the impact of the incident.

Will you mark these events on your trading calendar?

Deposit now

** Disclaimer – While due research has been undertaken to compile the above content, it remains an informational and educational piece only. None of the content provided constitutes any form of investment advice.

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