Home Consumer debt Inflation data, Peloton takeover? and Disney earnings lead the week ahead

Inflation data, Peloton takeover? and Disney earnings lead the week ahead

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After a stronger-than-expected jobs report on Friday, investors will focus on new data on consumer inflation and earnings from Disney, Uber and Chipotle Mexican Grill, to name a few.

Additionally, Peloton, which is also reporting profits, will attract even higher interest from investors after rumors swirled about a takeover over the weekend.

THIS IS WHERE PRICE VALUATION HITS CONSUMERS THE MOST

Teleprinter Security Last Change Change %
Me: DJI DOW JONES AVERAGES 35089.74 -21.42 -0.06%
SP500 S&P500 4500.53 +23.09 +0.52%
I: COMP NASDAQ COMPOSITE INDEX 14098.006675 +219.19 +1.58%

This as US stocks ended Friday after another week of volatility fueled by Facebook losing the most value on record, while Amazon posted the biggest gain in value on record.

Teleprinter Security Last Change Change %
Facebook META PLATFORMS INC. 237.09 -0.67 -0.28%
AMZN AMAZON.COM INC. 3,152.79 +375.88 +13.54%

FOX Business takes a look at the next events likely to move Financial markets in the coming days.

Monday 2/7

Investors will have the first chance to react to reports that Amazon and Nike may be considering Beleaguered Peloton for an acquisition. The news, reported by The Wall Street Journal, sent shares soaring more than 30% in extended trading Friday night.

Teleprinter Security Last Change Change %
PTON INTERACTIVE PELOTON INC. 24.60 +0.35 +1.44%
AMZN AMAZON.COM INC. 3,152.79 +375.88 +13.54%
NKE NIKE INC. 145.39 +0.08 +0.06%

Kicking off the week for earnings will be Hasbro and Tyson Foods before the market open and Simon Property Group, Take-Two Interactive and Tenet Healthcare after the bell. On the economic data side, investors will take note of the latest information on consumer credit.

Teleprinter Security Last Change Change %
AT HASBRO INC. 93.92 +0.14 +0.15%
TSN TYSON FOODS INC. 88.29 -2.03 -2.25%
GPS SIMON REAL ESTATE GROUP INC. 145.18 -0.38 -0.26%
THC TENET HEALTHCARE CORP. 72.84 -2.36 -3.14%

Meanwhile, in the world of politics, President Biden will welcome German Chancellor Scholz to the White House. The leaders are expected to discuss “their common commitment to ongoing diplomacy and joint efforts to deter further Russian aggression against Ukraine”, as well as “ending the COVID-19 pandemic, addressing the threat of climate change and to promote economic prosperity and international security”. “, according to White House press secretary Jen Psaki.

(AP Photo/Michael Sohn, Pool/AP Newsroom)

tuesday 2/8

Earnings on Tuesday’s schedule include Coty and Harley-Davidson before market open and Chipotle Mexican Grill, Lyft, Peloton Interactive and Spirit Airlines after the bell.

Teleprinter Security Last Change Change %
COTY COTY INC. 8.47 +0.07 +0.83%
PORK HARLEY-DAVIDSON INC. 35.75 +0.15 +0.42%
GCM CHIPOTLE MEXICAN GRILL INC. 1,483.44 +36.00 +2.49%
LYFT LYFT INC. 37.68 +1.32 +3.63%
PTON INTERACTIVE PELOTON INC. 24.60 +0.35 +1.44%
TO SAVE SPIRIT AIRLINES INC. 21.73 +0.04 +0.18%

Tuesday’s economic data will include the NFIB’s business optimism index, the international trade deficit for December and real household debt for the fourth quarter of 2021.

Wednesday 2/9

The parade of results takes place on Wednesday with CVS Health, Fox Corp, parent company of FOX Business and Fox News, as well as YUM! Brands before market opening. Mattel, Uber and Disney will be in the spotlight after the bell.

Teleprinter Security Last Change Change %
SVC CVS HEALTH CORP. 108.49 -0.23 -0.21%
FOXA FOX CORP. 40.69 -0.21 -0.51%
YUM YUM! BRANDS INC. 125.27 -0.08 -0.06%
CARPET MATTEL INC. 21.28 -0.09 -0.42%
UBER UBER TECHNOLOGIES INC. 37.05 +2.51 +7.27%
SAY THE WALT DISNEY CO. 142.02 +1.99 +1.42%

Inventories and wholesale sales, weekly mortgage applications and weekly Energy Information Administration crude inventories will dominate Wednesday’s economic data. US oil hit $92 a barrel last week, a 7-year high.

Teleprinter Security Last Change Change %
USO US OIL FUND LP 64.91 +1.40 +2.20%

Other notable events include Samsung’s Galaxy Unpacked event, which is expected to unveil new flagship smartphones to compete with Apple’s iPhone 13 and iPhone 13 Pro.

Teleprinter Security Last Change Change %
AAPL APPLE INC. 172.39 -0.29 -0.17%

(AP Photo/Tristan Werkmeister/AP Newsroom)

Thursday 2/10

Coca-Cola, Kellogg, PepsiCo, PG&E and Twitter will top the earnings list ahead of Thursday’s market open, while Expedia and Zillow Group will be among the companies targeted after the bell.

Teleprinter Security Last Change Change %
KO THE COCA-COLA CO. 60.96 -0.65 -1.05%
K KELLOGG CO. 61.58 -1.89 -2.98%
EGP n / A n / A n / A n / A
TWTR TWITTER INC. 36.94 +2.46 +7.13%
EXPE EXPEDIA GROUP INC. 185.31 +1.65 +0.90%
ZG ZILLOW GROUP INC. 47.74 +1.17 +2.51%

Thursday will be the busiest day for economic data with the consumer price index, federal budget deficit and initial and continuing unemployment claims.

Consumer prices +7.3% Jan. estimate

Consumer prices, which rose 7% to their highest level since 1982 in December, are expected to rise 7.3%, economists estimate.

friday 2/11

The week will end with earnings from Dominion Energy, Newell Brands and Under Armor before the market opens.

Teleprinter Security Last Change Change %
D DOMINION ENERGY INC. 80.18 -0.83 -1.02%
NWL NEWELL BRANDS INC. 9:33 p.m. -1.99 -8.53%
UAA UNDER ARMOR INC. 19.57 +0.39 +2.03%

The University of Michigan will also release its consumer confidence index and 5-year inflation expectations.