Week Ahead: October CPI and PPI Data, Plus CoreWeave, Cisco, Applied Materials Earnings
· 1 sources
TradingKey says U.S. October CPI and PPI arrive the week of November 9-13, alongside earnings from CoreWeave, Cisco and Applied Materials.
What happened
TradingKey's weekly preview says U.S. investors will focus on inflation data during the week of November 9 to 13, Eastern Time. The October Consumer Price Index (CPI) and Producer Price Index (PPI) are both scheduled for release.
The outlet also lists CoreWeave, Cisco and Applied Materials among the companies due to report earnings in the same week. TradingKey describes inflation data as once again becoming the focus of the U.S. stock market.
Context
CPI and PPI are widely followed gauges of consumer and producer price changes, and earnings reports give updates on company results.
Why it matters
Inflation readings and company earnings arriving in the same week could shape how the market assesses conditions for Applied Materials and other listed companies.
Stocks in this story
Price changes are shown for the trading day of the story and are a coincidence in time, not proof that the news caused them. Figures are ATLAS data from our database.
$332.72+4.22% vs. previous close ($319.25) · November 6
Fair value (ATLAS)
$179.92Fair range: $106.68 to $303.44The price ($332.72) is 84.9% above that figure.
Chance of a rise in 1 month
46%Probability of closing higher than today within 21 sessions.Normal range: half of the scenarios end between $288.10 and $371.50; 9 in 10, between $229.97 and $465.42.
Fair value, probabilities and earnings for every stock. Free account, no card. Information, not advice.
Information, not advice. This content is informational and is not an investment recommendation or an offer to buy or sell securities. ATLAS estimates come from statistical models using public data, can be wrong, and past performance does not guarantee future results. Disclaimer
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