Note: None of the material or content contained herein constitutes investment advice. It is solely for educational and informational purposes. Past performance is not an indicator of future performance. Sources: Fiscal.ai, Google Finance, 24 May 2026.
THE VIDEO BRIEF
THE AUDIO BRIEF
THE SUMMARY
Next week presents a critical line-up of corporate earnings and global economic data.
Next week’s earnings are heavily weighted toward technology and the ongoing artificial intelligence narrative. Companies like Meta Platforms, Marvell Technology, Salesforce, and Palo Alto Networks are expected to report strong growth driven by AI networking, cloud integration, and digital advertising demand. Strong performances from these tech giants could indirectly boost broader market optimism in the semiconductor supply chain, data center infrastructure, and cybersecurity sectors.
On the consumer side, reports from PDD Holdings, Xiaomi, Costco, and Kering will offer insights into global retail. Watch for indirect impacts on global e-commerce supply chains and the electric vehicle market, as Xiaomi’s growth is increasingly tied to its EV product diversification
The economic calendar centers on Q1 GDP data for the US and Canada, alongside crucial May inflation updates for France, Italy, and Germany.
Interest Rates & Manufacturing: If US GDP growth beats the 2.00% estimate, it could bolster equities but reignite fears of higher interest rates, which indirectly impacts domestic manufacturing and rate-sensitive tech sectors.
European Monetary Policy: If inflation runs hot across Germany, France, and Italy, it could pressure the European Central Bank into monetary tightening. This would indirectly weigh heavily on European retail, banking, and industrial segments.
Indirect Impact of Geopolitics and Energy. A recurring theme across next week’s economic read-across is the indirect impact of Middle East tensions and fluctuating energy prices. These geopolitical factors are highlighted as significant risks that could squeeze chemical producers like BASF, weigh on consumer spending in Japan, and drive volatility in the defense and energy-sensitive sectors
TOP 10 GLOBAL EARNINGS RELEASES this WEEK COMING
KEY ECONOMIC PRINTS this WEEK COMING
EARNINGS & ECONOMICS & THEIR READ ACROSS
~~~ Monday 25 May ~~~
Palo Alto Networks - Analysts expect Palo Alto Networks to report year-over-year growth in its upcoming earnings. This positive outlook is driven by strong cybersecurity spending, platform integration, and momentum in AI-enhanced security solutions, which continue to support robust demand and investor optimism.
PDD Holdings - Analysts expect PDD Holdings to report continued revenue growth. This is driven by Temu’s rapid international scaling and solid domestic gains, balanced against investor concerns over rising competition and shifting regulatory landscapes in the global e-commerce sector.
~~~ Tuesday 26 May ~~~
Xiaomi - Analysts expect Xiaomi to report strong growth in its upcoming earnings. This positive outlook is driven by robust demand for its new electric vehicles and a recovery in global smartphone shipments, reflecting the company’s successful product diversification strategies.
Viking Holdings - Analysts expect Viking Holdings to report strong growth in its upcoming earnings. This optimism is driven by high travel demand, increased occupancy rates, and expanded fleet capacity, although potential economic shifts and rising operational costs remain key points of monitoring.
~~~ Wednesday 27 May ~~~
Meta Platforms - Analysts expect Meta Platforms to report strong earnings growth. This optimism stems from robust digital advertising demand, particularly within its Reels and Advantage+ platforms, alongside disciplined cost management and ongoing investments in artificial intelligence to drive user engagement.
Marvell Technology - Analysts expect Marvell Technology to report strong growth in its upcoming earnings. This optimistic outlook is driven by robust demand for AI networking, custom processors, and data center infrastructure, specifically within optical interconnects for cloud service providers.
Salesforce - Analysts expect Salesforce to show growth in its upcoming earnings. This positive outlook is driven by strong cloud service demand and increased integration of artificial intelligence, although analysts remain cautious regarding broader enterprise spending and macroeconomic headwinds.
~~~ Thursday 28 May ~~~
Costco Wholesale - Analysts expect Costco Wholesale to report year-over-year growth in its upcoming earnings. This positive outlook is driven by consistent membership renewals, steady foot traffic, and strong digital sales momentum, despite high market expectations and a premium valuation.
United States GDP Growth Rate QoQ 2nd Est Q1 - An above-estimate United States GDP Growth Rate QoQ 2nd Est Q1 could bolster equity markets, though it might spark concerns over higher interest rates. Investors should focus on domestic manufacturing and technology sectors. Ongoing trade tensions and global supply chain shifts remain significant factors for future growth.
~~~ Friday 29 May ~~~
BASF - Analysts expect BASF to report improved earnings driven by cost-cutting measures and a recovery in demand within its core chemical segments. Optimism stems from stabilizing energy prices and strategic restructuring efforts aimed at boosting profitability amid global economic shifts.
Kering - Analysts expect Kering to report growth in its upcoming earnings. This positive outlook is driven by anticipated sequential improvements and the unlocking of sustainable growth phases, despite recent bearish sentiment and downward revisions to some previous performance estimates.
Trump Media & Technology Group - Analysts expect Trump Media & Technology Group to experience significant volatility. Projections are driven by its association with Donald Trump, user growth on Truth Social, and its potential as a meme stock rather than traditional financial fundamentals.
Japan Consumer Confidence MAY - If Japan Consumer Confidence for May exceeds estimates, equity markets could rise as consumer-oriented sectors gain momentum. A lower reading might signal a slowdown in domestic spending. Recent Middle East tensions and rising energy costs could weigh on future sentiment, making retail and discretionary sectors particularly sensitive.
France Inflation Rate YoY Prel MAY - If France Inflation Rate YoY Prel MAY exceeds estimates, equity markets could decline as the ECB might accelerate rate hikes. Conversely, a lower reading would support stability. Investors should focus on energy-sensitive sectors and defense. Ongoing Middle East tensions and high fuel prices remain significant future drivers.
Italy Inflation Rate YoY Prel MAY - If Italy Inflation Rate YoY Prel MAY exceeds estimates, equity markets could face pressure from potential ECB rate hikes. A lower reading might boost consumer-facing sectors. Investors should focus on European retail and banking. Recent energy price volatility and geopolitical tensions remain key risks to future inflation trends.
Germany Inflation Rate YoY Prel MAY - If Germany Inflation Rate YoY Prel MAY exceeds estimates, equity markets could face pressure as expectations for ECB monetary tightening increase. Investors should watch rate-sensitive sectors and industrial segments. Middle East geopolitical tensions and rising energy costs remain key drivers that could impact future inflation readings.
Canada GDP Growth Rate QoQ Q1 - If Canada GDP Growth Rate QoQ Q1 exceeds estimates, equity markets could rise as the central bank might delay rate cuts. A lower reading could signal economic fragility. Investors should watch manufacturing and energy sectors. Ongoing Middle East tensions and trade uncertainty could impact future growth momentum.