Here are the 3 big things we're watching in the stock market in the week ahead
Broadcom and Palo Alto Networks report. Plus, it's jobs week.
TL;DR
- Broadcom and Palo Alto Networks are releasing earnings reports, with a focus on their AI semiconductor revenue and cybersecurity solutions, respectively.
- Demand for AI computing and cybersecurity is expected to remain strong, following positive reports from Nvidia and CrowdStrike.
- The August jobs report and related economic data (JOLTS, ADP) will be key indicators for the labor market and potential Federal Reserve interest rate decisions.
- CrowdStrike's Fal.Con conference in Las Vegas is expected to generate headlines regarding AI security risks and new product developments.
- Federal Reserve Chairman Kevin Warsh's recent comments suggest a continued focus on price stability, potentially increasing the likelihood of a rate hike if inflation remains a concern.