Earnings to be big market catalysts next week, says Vital Knowledge's Crisafulli

Group 1 - Major upcoming catalysts include tech earnings reports, a critical Federal Reserve meeting, and a Trump summit in South Korea, which are expected to significantly influence market trends for the remainder of the year [2][3] - Investors are anticipating positive earnings results from major tech companies and are looking for a rate cut from the Fed, along with a potential halt to quantitative tightening [3][6] - The Trump summit is viewed as a wild card, with expectations leaning towards maintaining the status quo rather than a significant trade deal, which could lead to increased tariffs if relations deteriorate [3][5] Group 2 - The influence of AI spending is highlighted as a major driver of market dynamics, impacting not only tech companies but also various industrial sectors [6][7] - There is ongoing debate regarding the economic returns on AI-related spending and the sustainability of commitments made by tech startups, raising questions about their ability to fulfill promises [7][8]