Earnings Season Heats Up: Marvell, PDD, and More to Watch

Next week's earnings season will be a crucial test for investors as several high-profile companies report their quarterly results. One of the most closely watched reports will come from Marvell Technology, which designs custom AI silicon chips for hyperscalers.

The company has seen its stock price surge by 175% year-to-date, and analysts expect revenue to reach $2.71 billion in the latest quarter. A strong beat would confirm that the AI buildout is broadening beyond Nvidia's dominance.

Other notable reports include PDD Holdings, a Chinese e-commerce company that serves as a proxy for consumer spending health in China. Intuit and Salesforce will also report their results, with investors looking for signs of a comeback or continued momentum in the AI software space.

In addition to these tech-focused reports, Dollar General and Dollar Tree will provide insights into low- and middle-income spending, while Best Buy's results will indicate whether consumers are still buying electronics or pulling back due to tariffs and inflation.