Monday, April 20 – Adobe Summit, IPOs, and High Volatility at the Open
Market & Volatility
The week kicks off with strong activity in options, especially among car rental companies:
- Avis Budget Group (CAR)
- Hertz Global Holdings (HTZ)
Earnings Releases
- Steel Dynamics (STLD)
- Wintrust Financial (WTFC)
Dividends (upcoming ex-dividend)
- Caterpillar (CAT)
- Dell Technologies (DELL)
- Lowe's (LOW)
- CVS Health (CVS)
IPO & Market Operations
Anticipated listings:
- Yesway (YSWY)
- National Healthcare Properties (HLTC)
- Elmet Group (ELMT)
End of lock-up period:
- Charming Medical (MCTA)
- Bgin Blockchain (BGIN)
End of quiet period:
- Ursb (URSB)
AI & Tech
- Tempus AI presenting at AACR
- Kickoff of Adobe Summit with major announcements expected on artificial intelligence
Geopolitics
Planned meeting between US and Iranian officials in Pakistan, as the ceasefire expires on April 21.
Tuesday, April 21 – GE Aerospace and Retail Sales: Key Test for the US Economy
Major Releases
- GE Aerospace (GE)
- UnitedHealth Group (UNH)
- RTX (RTX)
- Northrop Grumman (NOC)
- 3M (MMM)
- United Airlines (UAL)
- Capital One (COF)
Focus 7:30 am – GE Aerospace Conference: Growth in commercial engines, deliveries, margins, and annual outlook.
8:30 am – Retail Sales (March)
Key indicator of US consumer spending.
Oil Market
May WTI futures expiration amid high volatility.
Monetary Policy
Senate hearing regarding the nomination of Kevin Warsh as Fed chair.
Wednesday, April 22 – Tesla and Global Tech Under Close Watch
Strategic Releases
- Tesla (TSLA)
- Lam Research (LRCX)
- Philip Morris International (PM)
- IBM (IBM)
- Texas Instruments (TXN)
- AT&T (T)
- Boeing (BA)
- Moody's (MCO)
- Las Vegas Sands (LVS)
- CSX (CSX)
4:00 pm – Tesla Conference
Expected topics:
- Robotaxi
- Optimus
- AI5 chip
- AI investments
Potential impacts on the electric vehicle and semiconductor ecosystem.
Cloud & AI
Start of Google Cloud Next in Las Vegas, with major announcements expected in generative AI and infrastructure.
Thursday, April 23 – Intel, Defense, and Governance
Expected Results
- Intel (INTC)
- American Express (AXP)
- Union Pacific (UNP)
- Lockheed Martin (LMT)
- Comcast (CMCSA)
- Baker Hughes (BKR)
5:00 pm – Intel Conference: Insights on demand for data centers and AI solutions.
Governance
- Shareholder vote at Warner Bros. Discovery regarding the deal with Paramount
- Johnson & Johnson annual general meeting
Friday, April 24 – Global Automotive and Consumer Confidence
Releases
- Procter & Gamble (PG)
- Charter Communications (CHTR)
Beijing International Auto Show
New smart electric models expected from:
- BYD (BYDDF)
- NIO (NIO)
- XPeng (XPEV)
10:00 am – Michigan Confidence Index
Key indicator of US consumer sentiment.
