Microsoft, GM, Verizon, Alphabet, Exxon Mobil, Meta, and More Stocks to Watch This Week

Wednesday’s highlights will include

Meta Platforms
,

Chipotle Mexican Grill
,
and

eBay
.

Comcast
,

Southwest Airlines
,

Intel
,

American Tower
,

T-Mobile US
,
and

Ford Motor

report on Thursday, then

Chevron
,

Exxon Mobil
,
and

Procter & Gamble

close the week on Friday.

The Federal Open Market Committee will convene on Tuesday and Wednesday, with a monetary-policy decision and press conference with chairman Jerome Powell due on Wednesday afternoon. Futures markets are pricing in overwhelming odds of a 0.25 percentage point increase in the federal-funds rate, to 5.25%-5.50%.

Economic data out this week will include the Conference Board’s consumer confidence survey for July on Tuesday, Bureau of Economic Analysis’ advance estimate for U.S. second-quarter gross-domestic-product growth on Thursday, and the core personal consumption expenditures price index for June on Friday. The Fed’s preferred measure of inflation is forecast to be up 4.2% from a year earlier, a deceleration of 0.4 points compared with May.

Monday 7/24

Cleveland-Cliffs
,
Domino’s,

Logitech International
,
and

NXP Semiconductors

release earnings.

Tuesday 7/25

Earnings season rolls on with tech titans Alphabet and Microsoft releasing results.

Spotify Technology
,

Snap
,
and

Texas Instruments

are also among the tech companies that report Tuesday.

3M
,

Alaska Air
,

Dow
,
General Electric, General Motors, Visa, Verizon, Waste Management, and

Xerox

are also expected to release earnings.

S&P CoreLogic releases its Case-Shiller National Home Price Index for May.

The Conference Board releases its consumer confidence survey for July.

Wednesday 7/26

The FOMC announces its monetary-policy decision. Wall Street is certain that the central bank will raise the federal-funds rate by a quarter of a percentage point to 5.25%-5.50%, possibly the last rate hike for this cycle.

AT&T
,

Boeing
,
Chipotle,

Coca-Cola
,
eBay, and Meta are expected to release results.

Thursday 7/27

The BEA releases its advance estimate for second-quarter gross-domestic-product growth. Economists forecast a seasonally adjusted annual growth rate of 1.4%.

American Tower,

Boston Beer
,

Bristol Myers Squibb
,

Carrier Global
,
Comcast,

Crocs
,
Ford,

Hertz Global
,
Intel,

Live Nation Entertainment
,

Mastercard
,

McDonald
’s
,

Northrop Grumman
,

PG&E
,

Roku
,

Shell
,
Southwest, T-Mobile, and

Volkswagen

are expected to release results.

Friday 7/28

The BEA reports the core personal consumption expenditures price index for June, which is expected to rise 4.2% from a year earlier, four-tenths of a percentage point less than in May.

AstraZeneca
,
Chevron, Exxon Mobil, Procter & Gamble, and

Sanofi

are expected to release results.

Write to Nicholas Jasinski at [email protected]