AMD, Pfizer, NIO, DocuSign, Campbell Soup and other stocks for investors to watch this week

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It’s been a relatively quiet week on the results calendar. Highlights will include JM Smucker on Tuesday, Campbell Soup on Wednesday and DocuSign, NIO and Vail Resorts on Thursday.

Pfizer is also hosting an investor meeting on Monday, and Advanced Micro Devices is hosting a financial analyst day on Thursday.

The highlight of the week’s economic data will be the latest US inflation reading, released on Friday. The Bureau of Labor Statistics consumer price index is expected to have risen 0.7% in May, an increase of 8.2% year-over-year. Excluding food and energy components, core CPI is expected to rise 0.4% last month and 6% from a year earlier.

Other data released next week will include the University of Michigan Consumer Sentiment Index for June on Friday. Finally, the European Central Bank will announce a monetary policy decision on Thursday.

Monday 6/6

Coupa Software



communicate quarterly results.


hosts an investor meeting to discuss expanding access and affordability of the company’s medicines and vaccines.

tuesday 6/7

Casey General Stores

guidewire software

J. M. Smucker


smart sheet

announce the winnings.

The Federal Reserve reports consumer credit data for April. According to consensus estimates, total consumer debt is expected to rise by $35 billion to a record high of $4.57 trillion. In the first quarter, consumer credit grew at a seasonally adjusted annual rate of 9.7%. Revolving credit, which is mostly credit card debt and accounts for nearly a quarter of all consumer debt, jumped 21.4% in the first three months of the year. As inflation soared, consumers kept retail spending high by borrowing more.

Wednesday 6/8

Brown Forman


Campbell’s Soup

publish quarterly results.

Thursday 6/9

Parent Facebook


begins trading under its new symbol, META. This completes a rebranding effort, which began last year, as the social media giant pivots to the metaverse it plans to develop.




Vail Resorts

hold conference calls to discuss earnings.

Advanced micro-systems

organizes a day of financial analysts. The company is expected to present its product roadmap at the meeting.

The European Central Bank announces its monetary policy decision. The ECB is expected to keep its deposit rate unchanged at -0.5%, the level it has been at since September 2019. As eurozone inflation recently hit record highs, Christine Lagarde, President of the ECB, said said the deposit rate will likely be out of negative territory by the end of September. Traders expect a quarter-point rate hike for the July meeting and another quarter-point hike at the September meeting.

Friday 6/10

The University of Michigan publishes its consumer confidence index for June. Economists forecast a reading of 58.8, slightly higher than May’s 58.4. May’s figure was the lowest in the index since August 2011 as rising inflation, particularly record house prices, soured consumer moods.

The Labor Office Statistics publishes the consumer price index for the month of May. The CPI is expected to rise 8.2% year-on-year, compared to an 8.3% jump in April. Core CPI, which excludes volatile food and energy prices, is expected to rise 6% after gaining 6.2% previously. Inflation likely peaked at 8.5% in March, but how quickly it returns to the Federal Reserve’s stated 2% target will determine when the Fed can suspend interest rate hikes.

Write to Nicholas Jasinski at [email protected]

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