SpaceX to Report First Earnings as a Public Company
Next week marks SpaceX’s first earnings report since its initial public offering (IPO). The company is among several scheduled to release financial results, including AMD, Merck, Pfizer, and Eli Lilly. Market averages ended lower on Friday despite Amazon's strong Q2 performance, which saw revenue exceed expectations at $200.6 billion. A range of economic data will be released throughout the week, starting with manufacturing PMI figures from S&P Global and ISM on Monday. The earnings calendar includes key reports for major firms across various sectors, potentially influencing investor sentiment ahead of critical employment data due later in the week. Increased options volatility has been observed for Sandisk and Amylyx Pharmaceuticals over recent days.
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Topics: Earnings reports economic data releases stock market activity