Stock Market Week Ahead: Amazon's Re:Invent, Cyber Conferences And Snowflake, Okta Earnings
Investors·2025-11-28 21:56

Market Overview - The stock market concluded November with a strong performance, with the Nasdaq, S&P 500, and Dow Jones Industrial Average all above their 10-week moving averages [1] Upcoming Events - December begins with Amazon's re:Invent conference and cybersecurity events, alongside earnings reports from Salesforce.com, Snowflake, and Okta [2] - The U.S. economic outlook remains uncertain due to mixed data following a federal shutdown, with economists focusing on upcoming job reports and inflation data [3] Stocks to Watch - Investors are encouraged to explore opportunities in stocks like Taiwan Semiconductor and Comfort Systems, which are benefiting from AI trends [4] - Valero Energy is attempting to reach a buy point as refining stocks gain from oil-gasoline price spreads [4] - Wheaton Precious Metals has seen a 95% increase this year, driven by rising gold and silver prices [4] Earnings Reports - Snowflake is expected to report a 56% EPS growth and a 25% sales increase, with a year-to-date gain of 64% [16] - Salesforce.com is projected to maintain steady sales with increasing earnings growth, despite mixed contract value growth [13] - Okta's stock has been declining, with analysts predicting slow revenue and earnings growth heading into 2026 [15] Retail Sector Insights - Dollar stores like Dollar General and Dollar Tree have rebounded, with Dollar Tree achieving a breakout and Dollar General surpassing early buy points [9] - Retailers such as American Eagle Outfitters and Macy's are set to report earnings, with Macy's projected to experience a significant earnings decline [10] Financial Sector Updates - Canadian banks are expected to report strong fiscal-year earnings, with gains between 28% and 59% anticipated [11]