Last mentioned: 4d ago
Tuesday Pre-Market
A heavy retail slate including Target, Ross Stores, and Kohl's, alongside AutoZone and CrowdStrike.
Monday Pre-Market
Key reports from Workday, Li Auto, JD.com, and Futu Holdings set the tone for tech and international markets.
American retail sales experienced a modest decline in January, marking a notable shift in consumer behavior following a robust holiday season. The pullback suggests that persistent inflationary pressures and high borrowing costs are finally tempering the spending appetite of U.S. households.
Major earnings reports from Broadcom and Costco highlight a dual-track market narrative driven by aggressive AI infrastructure spending and steady consumer demand. Broadcom’s bullish $100 billion AI revenue forecast for 2027 has set a high bar for the semiconductor sector, while Costco’s membership growth remains a critical barometer for retail health.
A heavy slate of earnings reports from major retailers like Target and Kohl's, alongside tech players like Workday and CrowdStrike, will provide critical insights into consumer resilience and enterprise spending. International markets also face scrutiny as Chinese EV leaders NIO and Li Auto report results.