Last week was a busy one with lots of events. Apple integrates AI into iPhoneTesla Shareholders Elon Musk’s compensation approvedand the Decreasing inflation rate.
The stock market has seen some volatility this week but is ultimately doing okay, with all eyes now on next week’s developments.
And most importantly, US markets will be closed on Wednesday for Independence Day.
Important meetings to watch this week
Conflict MeetingThe conference, also known as the “Olympics of Technology,” kicks off in Toronto on Monday and will feature speakers from tech, media and entertainment leaders including Google Research vice president of strategy and operations Maya Kulicki, OnlyFans CEO Kayleigh Blair, tennis legend Maria Sharapova and crypto entrepreneur and Stash Financial CEO Lisa Landsman.
In Las Vegas, Edison Electric Institute Conference It hosts an annual meeting of energy and technology industry executives. Nvidia’s Jensen Huang I will be giving a keynote speech at the conference.
In addition, Switzerland World Crypto Conference From Sunday to Tuesday.
Accenture and Kroger report earnings
Accenture is scheduled to report earnings for the fiscal year ending May 2024 before the market opens on Thursday.
Last quarter, the Dublin-based company Beat Wall Street expectations But it lowered its full-year earnings outlook. Shares of the global professional services company have fallen this year. Approximately 18% decreaseEarlier this month, The company has revamped its management team. According to Zacks Investment Research, the consensus estimate for earnings per share (EPS) for the current quarter is $3.14, compared to the reported EPS of $3.19 for the same quarter last year.
Grocery and drug retailer Kroger is due to report earnings before the market opens on Thursday. The consensus EPS estimate for the current quarter is $1.33, according to Zacks Investment Research. EPS for the same quarter last year was $1.51.
Kroger, America’s largest sushi retailer, June 18th is International Sushi Day Comes with “limited time flavors and special sales.”
Home sales data due on Friday
While a majority of Americans say now is a bad time to buy a home, the National Association of Realtors is due to release existing home sales data for May on Friday. The data shows: Latest Fannie Mae Home Buying Sentiment Index Earlier this month, it was revealed that just 14% of consumers believe it is a good time to buy a home, down from 20% last month.
