In the coming week, here are the key points to watch:
Birkenstock’s Big Step. Birkenstock is stepping into the stock market with its IPO, eyeing a hefty valuation of up to $9.2 billion. This move could place it third in the footwear sector by market cap, trailing behind giants like Nike.
Earnings Spotlight. PepsiCo, Neogen, and Azz are on the earnings watch this week. Investors and analysts will be keenly scrutinizing these reports to gauge the companies’ financial health and market standing.
Amazon’s Prime Days. Amazon gears up for its Prime Big Deal Days shopping event. Amidst rival promotions from Target, Walmart, and Best Buy, a significant boost in e-commerce sales is anticipated.
Thursday Earnings. Fastenal, Delta Air Lines, and Walgreens Boots Alliance are among the companies set to report earnings on Thursday.
AI Summit. Dun & Bradstreet will host a summit featuring some of the leading minds in data and AI from Google and IBM. This summit could highlight the evolving landscape of data analytics and AI.
Friday Earnings. The week wil wrap up with earnings reports from giants like UnitedHealth, JPMorgan Chase, and Wells Fargo.
