Today’s Stock Market News & Events: 5/9/2022
Earnings expected from Duke Energy, AMC Entertainment, BioNTech, Tyson, Palantir, and Zynga
This week will bring plenty of earnings and economic data. Investors will be watching for the consumer price index (CPI) on Wednesday, as well as the producer price index (PPI) the following day.
Though the amount of quarterly reports will start to dwindle this week, earnings season is still underway. Alibaba (BABA), AMC Entertainment (AMC), Beyond Meat (BYND), BioNTech (BNTX), Hyatt Hotels (H), Novavax (NVAX), Palantir Technologies (PLTR), SoFi Technologies (SOFI), Sonos (SONO), Tapestry (TPR), Tyson Foods (TSN), Walt Disney (DIS), and Yeti (YETI) are just some of the companies announcing quarterly results this week.
Today will start the week off slow, with only wholesale inventories data and inflation expectations due out.
The following public companies are slated to release corporate earnings today, May 9:
Dun & Bradstreet Holdings Inc. (NYSE:DNB — $15.15) provides business decisioning data and analytics in North America and internationally. Dun & Bradstreet will report its Q1 earnings of 2022 after the close today
Zynga Inc. (NASDAQ:ZNGA — $8.08) develops, markets, and operates social game services in the United States and internationally. Zynga will report its Q1 earnings of 2022 after the close today.
Looking ahead to tomorrow, the National Federation of Independent Business (NFIB) small-business index is expected to come out, in addition to real household debt data.
All economic dates listed here are tentative and subject to change.
Originally published at https://www.schaeffersresearch.com on May 9, 2022.