The Dow Jones, S&P 500 and Nasdaq 100 indexes all rose by 675 points each, while the Dow Jones Index rose by 117 and the Nasdaq 100 index increased by 450 respectively. The rebound came after a volatile week that saw the VIX Index jump to nearly $23, its highest level for months.
Federal Reserve is driving the stock market which in turn will determine interest rates. Analysts predict that the Federal Reserve will leave its interest rate unchanged at this meeting between 4.25% to 4.50% and indicate further cuts in later years.
Banks are worried about recession after Donald Trump launched an aggressive tariff policy that could sink the US into recession. The market will be dominated by tariff news.
Stocks to Watch Next Week
The traders will be watching a select few firms that are going to publish their results. The companies that will make the biggest impact are Carnival, Intuitive Machines(LUNR), FedEx(FDX), Accenture(ACN), ZeekrZK) and Nio. Micron, Lennar General Mills Sportradar Five Below FactSet FactSet FactSet Explore some of these companies.
Nike (NKE),
Nike’s stock will be the focus of attention next week when the company releases its financial results, which will end one of the worst years in its history. The stock price has fallen by more than 12% in the past year and hovers at its lowest point since February.
Analysts anticipate that Nike will report a revenue drop of 11.3% to $11 Billion in the fourth-quarter. Analysts also believe that Nike’s forward guidance will indicate a decline of 10.4% annually to $46 Billion.
Nike has a strategy to turn around its business, which is facing significant risks. In order to increase its sales, it is rebuilding relationships with retail outlets like FootLocker.
Intuitive Machines (LUNR)
Intuitive machines’ share price is down 70% since its peak this year. This erases most of 2023 gains. LUNR’s shares fell after it landed the Athena spacecraft onto the surface of the moon. It is a challenge that the spacecraft was tipped. This was the second mission that failed for the company.
Investors will therefore be able to learn more about Intuitive Machines and its losses by reviewing the earnings report. Analysts anticipate that the numbers will show LUNR revenues increasing by 82.5% last quarter to $55.7 millions.
Carnival (CCL),
Carnival’s stock has experienced a sharp reversal over the last few weeks. This erases some gains from 2024. Norwegian Cruise Lines and Royal Caribbean have both seen their stock prices plummet.
Carnival’s financial report will focus on the share price. Analysts expect the results to reveal that revenues rose 6.2%, to $5.7 billion. Earnings per share (EPS), however, decreased to $0.02 cents.
Carnival, like other companies, has benefited from a strong demand which led to large orders. It is a company that has a strong following among young people.
Intelligent Technology Nio and Zeekr
Chinese EV shares have been doing very well and have even surpassed Tesla this year. Nio Intelligent, XPeng, Zeekr Intelligent and other EV firms will be publishing their results next week. These numbers can give you a better idea of their progress and what they expect for this year.
Zeekr’s stock has increased by more than 139% since its low point of 2024. It is currently hovering at its highest level. Analysts predict that the company’s revenue will jump to 23 billion Yuan. The company expects to deliver over 222123 cars in 2024 and hopes that 320k vehicles will be sold this year.
XPeng’s stock price has soared over 270% since its low in 2024 as deliveries have soared. Nio is, however, stuck within a narrow range. Their earnings will determine the price movement.
Accenture and FedEx are notable other stocks
Accenture and FedEx are two other stocks worth watching. Accenture will also be one of the companies that will come under scrutiny as their numbers provide more information on spending for artificial intelligence. FedEx also will provide more information about the American Economy as the ongoing tariff crisis continues.
The post Top Stocks to Watch: Carnival, LUNR Nike, FedEx Accenture Zeekr Nio, may change as new information unfolds
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