Financial Agenda – Week of July 29 to August 2, 2025

Monday, July 28

The week starts with heightened focus on volatility in certain stocks. Opendoor Technologies (OPEN) and Krispy Kreme (DNUT) are under watch due to rising options volume and retail interest. Among technical indicators, NextSource (NSRCF), Aureus Greenway (AGH), and TE Connectivity (TEL) appear overbought, while Badger Meter (BMI), Molina (MOH), and Centene (CNC) are considered oversold based on their 14-day RSI.

Expected earnings: Welltower (WELL), Waste Management (WM), Enterprise Products (EPD).

Also noteworthy: Target (TGT) is ending its price-matching program after 10 years.

Tuesday, July 29

At 4pm, the release of JOLTS Job Openings, a key indicator of job openings in the US.

Major earnings: Visa (V), Procter & Gamble (PG), UnitedHealth Group (UNH), Merck (MRK), Booking Holdings (BKNG), Boeing (BA), Spotify (SPOT), Starbucks (SBUX), Paypal (PYPL).

Watch for post-earnings volatility for Teladoc Health (TDOC) and Avis Budget (CAR).

On the geopolitical front: Meeting between Treasury Secretary Scott Bessent and Chinese representatives in Stockholm.

Investor event: Veru (VERU) will participate in the virtual BTIG Biotech conference.

Wednesday, July 30

At 2:15pm: ADP Non-Farm Employment Change, an estimate of private job creation.

At 2:30pm: First estimate of Q2 US GDP.

At 8pm: Fed decision on interest rates + FOMC statement.

At 8:30pm: Jerome Powell’s press conference (potential volatility catalyst).

Highly anticipated results: Microsoft (MSFT), Meta Platforms (META), Qualcomm (QCOM), Altria (MO), Ford Motor (F), Arm Holdings (ARM).

Expected volatility: Vita Coco (COCO), Carvana (CVNA), Wingstop (WING).

Thursday, July 31

At 2:30pm: triple key macro release:

Core PCE Price Index (core inflation – Fed’s favorite indicator)
Employment Cost Index
Unemployment Claims (weekly jobless claims)

Major earnings: Apple (AAPL), Amazon (AMZN), Mastercard (MA), AbbVie (ABBV), Comcast (CMCSA), Coinbase (COIN), Anheuser-Busch InBev (BUD), MicroStrategy (MSTR).

High expected volatility: Reddit (RDDT), Roblox (RBLX), Cloudflare (NET).

Other events:

Federal appeals court hearing on presidential powers regarding tariffs (IEEPA).
Shareholder vote on the $1.7 billion merger between NV5 Global (NVEE) and Acuren (TIC).
At 4pm: crucial earnings calls from Amazon and Apple. Focus on AI, AWS, margins, and logistics for Amazon; AI, supply chain, and partners (QRVO, SWKS, TTWO) for Apple.

Friday, August 1

At 2:30pm: publication of the NFP report (US employment), expected:

+101,000 jobs created
Unemployment rate rising to 4.2%
Data on average hourly earnings

At 4pm: ISM Manufacturing PMI, a leading indicator of industrial activity.

Results to watch: ExxonMobil (XOM), Chevron (CVX), Enbridge (ENB), Colgate-Palmolive (CL).

Other data for the day:

Macau casino revenues
Class 8 truck orders
FBI firearm statistics
Online brokerage DARTs volume
Monthly deliveries from Chinese EV manufacturers: NIO, XPeng, Li Auto, BYD, ZEEKR