July 20–24, 2026
Markets head into the week with earnings taking over from a lighter economic calendar. Alphabet and Tesla report Wednesday, followed by Intel on Thursday, while traders continue to watch the selloff in chip stocks and renewed tension in the Middle East. Read on to the end to see why this week matters.
Upcoming Earnings
Monday, July 20
- Domino’s Pizza (DPZ) — Before Open
- Steel Dynamics (STLD) — After Close
- AMC Entertainment Holdings (AMC) — After Close
Tuesday, July 21
- 3M (MMM) — Before Open
- General Motors (GM) — Before Open
- Halliburton (HAL) — Before Open
Wednesday, July 22
- AT&T (T) — Before Open
- Alphabet (GOOGL) — After Close
- IBM (IBM) — After Close
- Tesla (TSLA) — After Close
- ServiceNow Inc (NOW) — After Close
Thursday, July 23
- Comcast (CMCSA) — Before Open
- American Airlines — Before Open
- Nokia (NOK) — Before Open
- Honeywell (HON) — Before Open
- Intel (INTC) — After Close
Friday, July 24
- American Express (AXP) — Before Open
- NextEra Energy (NEE) — Before Open
- Verizon (VZ) — Before Open
- HCA Healthcare (HCA) — Before Open
Economic Data (ET)
Monday, July 20
- 10:00 — U.S. leading economic indicators (June)
Thursday, July 23
- 8:30 — Weekly jobless claims
Friday, July 24
- 9:45 — S&P Global U.S. manufacturing PMI (July preliminary)
- 9:45 — S&P Global U.S. services PMI (July preliminary)
- 10:00 — New home sales (June)
Why This Week Matters
The economic calendar is light, leaving earnings and geopolitical headlines to drive more of the tape. Friday’s preliminary PMI readings will give traders a look at business activity, hiring and price pressure ahead of the Federal Reserve’s July 29 decision. Weekly jobless claims and new home sales offer smaller checks on the labor and housing markets.
Alphabet may be the biggest report of the week, with traders watching Search, Cloud and AI spending after the recent pullback in chip stocks raised questions about how far the infrastructure trade had run. Reuters noted that any reduction in Alphabet’s AI capital spending plans could ripple across semiconductors and other companies tied to the buildout. Intel and Texas Instruments will provide another read on the chip trade after the Philadelphia Semiconductor Index fell more than 20% from its late-June high.
Tesla reports Wednesday after already disclosing more than 480,000 second-quarter deliveries. Investors will be looking past the delivery number toward margins, spending and Elon Musk’s plans for robotics, autonomy and AI. Outside earnings, the Middle East remains part of the setup as renewed fighting involving Iran has lifted oil and revived concern that another energy spike could complicate the inflation outlook just before the Fed meets.
Stick with Stock Trader Network, we have much in store for the Think Tank!
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