This Week’s US Stock Macro Outlook Highlights (August 3–7)
2026/08/03 02:38
August 3 (Monday)
- US releases July ISM Manufacturing PMI and June Construction Spending;
- ★★★★★Palantir reports earnings after the close, focus on AI-driven growth, government/commercial contracts and AIP platform progress;
- ON Semiconductor and Snap report earnings after the close.
August 4 (Tuesday)
- US releases June JOLTS Job Openings, Trade Balance and Factory Orders;
- ★★★★★AMD reports earnings after the close, key test of AI chip demand;
- ★★★★★SpaceX reports first earnings after listing after the close;
- McDonald’s, Caterpillar and Pfizer report earnings pre-market.
August 5 (Wednesday)
- US releases July ADP Employment Report and ISM Non-Manufacturing PMI;
- ★★★★Eli Lilly and Novo Nordisk report earnings pre-market, revealing latest weight-loss drug market dynamics;
- ★★★★SanDisk and Western Digital report earnings after the close, focus on enterprise SSD, HBM and data-center storage demand;
- ★★★Circle, Disney (pre-market), AppLovin, Figma and IonQ (after the close) report earnings.
August 6 (Thursday)
- US releases weekly Initial Jobless Claims and Challenger layoff data;
- ★★★★★SpaceX unlocks approximately 9.115 billion shares, potential value nearly $100 billion, the largest single unlock in US history, testing liquidity;
- Fed officials Musalem and Barkin speak;
- ★★★AAOI and MP report earnings after the close.
August 7 (Friday)
- ★★★★★US releases July Nonfarm Payrolls (expected +90,000, previous +57,000) and Unemployment Rate (expected 4.3%, previous 4.2%); a reading above 100,000 could boost labor-market confidence and raise September rate-hike bets;
- US releases New York Fed 1-Year Inflation Expectations and other data;
- ★★★OKLO and VST report earnings pre-market.
*This week’s core US stock themes revolve around July nonfarm payrolls data, Fed officials’ signals, SpaceX’s first earnings and large-scale unlock, plus AI/storage earnings from AMD, SanDisk and Western Digital; market volatility is expected to intensify.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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