Stocks to watch next week: Nvidia, Marks & Spencer, Ryanair and UK inflation
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 17 2024
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Source: Yahoo Finance
- Nvidia Earnings: Nvidia, a key player in AI and technology, is set to report its first-quarter results for fiscal year 2025 on May 22. Investors are eager to see if Nvidia can sustain the AI-related rally that boosted its shares by 239% last year.
- Marks & Spencer Earnings: Marks & Spencer's upcoming full-year earnings report is expected to show a continued recovery for the British retailer. Analysts have raised their pre-tax profit forecast for the year, and recent broker upgrades have positively impacted investor sentiment.
- Ryanair Earnings: Low-budget airline Ryanair will report its results on May 20. Despite challenges like Boeing delivery delays, analysts anticipate a 24% revenue increase for the year ended March 31. CEO Michael O’Leary's caution about summer ticket prices has raised concerns.
- UK Inflation Data: On May 22, the UK will release its latest inflation figures. Expectations are for headline inflation to ease to 2.7% in April, potentially increasing the likelihood of a rate cut in June.
- Other Companies Reporting: A list of companies reporting next week includes Big Yellow, Sony, Lowe’s, National Grid, Lenovo, and more. The earnings reports from these companies will be closely watched by investors.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
