The upcoming week promises a flurry of activity in the stock market, with major companies set to report earnings and provide insights into their business strategies. Tesla Inc. (TSLA) and Space Exploration Technologies Corp. (SPCX) will take center stage, offering investors a unique glimpse into Elon Musk’s expansive AI initiatives. SpaceX is scheduled to report on Tuesday, with a focus on its Starlink service and emerging AI operations, while Tesla follows on Wednesday, shifting attention to margins, cash flow, and its ambitious robotaxi and AI projects.
Wall Street anticipates Tesla to report earnings per share (EPS) of $0.45 on revenue of $28.11 billion, while SpaceX is expected to report an EPS of $0.18 on revenue of $13.16 billion. Investors will also be watching for any hints about a potential merger between the two companies led by Musk.
Meta Platforms Inc. (META) will kick off the next phase of hyperscaler earnings on Wednesday, drawing attention to the economics of the AI spending boom. Investors will be keen to hear updates on Meta’s substantial investments in data centers and AI infrastructure, and whether these are beginning to yield stronger growth and returns. Meta is projected to report an EPS of $6.76 on revenue of $63.39 billion. Joining Meta will be Western Digital Corp. (WDC), expected to report an EPS of $4.08 on revenue of $4.13 billion.
Beyond the tech giants, a diverse range of companies will provide insights into consumer demand, corporate spending, and travel trends. Notable reports include those from Netflix Inc. (NFLX), International Business Machines Corp. (IBM), GE Aerospace (GE), and major airlines such as United Airlines Holdings Inc. (UAL), American Airlines Group Inc. (AAL), and Southwest Airlines Co. (LUV).