Core Insights - Salesforce projects that online sales from Thanksgiving through Cyber Monday could reach $78 billion, indicating strong consumer spending during the holiday season [4][9] - The upcoming week will feature earnings reports from major tech companies, including Salesforce, CrowdStrike, and Marvell Technology, which may reflect the impact of AI demand on their performance [3][9] - The private sector payrolls report for November is anticipated to be a highlight, while the government's monthly jobs report has been delayed until December 16 [2][6] Company Insights - Salesforce's earnings report is expected to generate enthusiasm in the AI sector, as the company has provided a strong revenue forecast driven by demand for its AI offerings [9] - CrowdStrike is set to report earnings after delivering a better-than-expected forecast for annual recurring revenue in the previous quarter, indicating positive momentum in the cybersecurity sector [10] - Marvell Technology, along with other tech firms, is also expected to report results that may reflect a boost from AI-related demand [9] Economic Indicators - The University of Michigan's consumer sentiment survey for December will provide insights into consumer feelings, while the Federal Reserve's consumer credit report will shed light on American shoppers' debt levels [5] - Data on private payrolls will be released this week, following a stronger-than-expected report in October, which may influence market sentiment [6]
What to Expect in Markets This Week: Cyber Monday Sales; Labor Market Data; Earnings from Salesforce, CrowdStrike, and More