News from a tech giant, inflation data and earnings from a meme-stock legend are among the highlights of the week ahꦏead in markets.

Apple's annual Worldwide Developers Conference opens the week with a keynote session from CEO Tim Cook scheduled for Monday. Cook will likely use the event to address the company's new products, services, and partnerships. GameStop could clarify its cryptocurrency strategy on the company's earnings call, set for Tuesday. Key companies in the growing 澳洲幸运5官方开奖结果体彩网:artificial intelligence (AI) marke🐠t are also scheduled to update investors on their financials during the week.

A U.S. inflation report scheduled for Wednesday could indicate whether President Donald Trump’s tariffs are beginning to have an effect on the economy. The news follows a 澳洲幸运5官方开奖结果体彩网:healthy jobs report Friday.

After markets shook off trade tensions last week to bring the S&P 500 澳洲幸运5官方开奖结果体彩网:back above 6000, investors will keep an eye on tariffs as 澳洲幸运5官方开奖结果体彩网🍬:Trump’s deadline on trade deals app𓂃roaches. At the same time, the Senate will continue to work toward passage of Trump’s “澳洲幸运5官方开奖结果体彩网:Big, Beautiful” budget bill amid 澳洲幸运5官方开奖结果体彩网:increasing criticism from Tesla CEO and former Department of Government Efficiency Chie𝄹f Elon Musk. 

R🌠ead to the bottom for our calendar of key events—and one more thing.  

Economists Look for Inflation’s Impa𓂃ct in May CꩲPI Report 

Wednesday’s expected release of the 澳洲幸运5官方开奖结果体彩网:Consumer Price Index (CPI) will be the first look at inflation from May. With a Federal Reserve meeting around the corner, the report could set the tone for the central bank as it faces pressure from Trump to lower interest ♍rates. Fed officials are in their blackout period ahead of their next two-day meeting, which begins June 17. 

澳洲幸运5官方开奖结果体彩网:Trump’s tariffs will be a key topic in Friday’s consumer sentiment report, which dropped for four straight months before 澳洲幸运5官方开奖结果体彩网:leveling out in May. Consumers are 澳洲幸运5官方开奖结果体彩网:consistently worried that tariffs will drive inflation h🉐igher, sending the closely watched survey to some of its lowest🥀 readings since the pandemic. As inflation has lately appeared in check, the freefall in sentiment may have hit bottom.

GameStop Reports As It Jumps🍌 into Bitcoin Market

GameStop’s (GME) earnings report comes as the video-game retailer dips its toe in the cryptocurrency pool. The company, which 澳洲幸运5官方开奖结果体彩网:fired up the meme stock craze in 2021 with its meteoric rise, announced in late May that it 澳洲幸运5官方开奖结果体彩网:bought $500 million in bitcoin. With its 澳洲幸运5官方开奖♊结果体彩网:retail video game b😼usiness in decline, GameStop looks to emulate the playbook of Michael Saylor’s Strategy (MSTR) and other companies 澳洲幸运5官方开奖结果体彩网:centering their bus𒅌๊iness models on buying bitcoin. 

AI will be a key theme in other corporate earnings this week. Oracle’s (ORCL) report on Wednesday follows the January announcement that the database software firm would join ChatGPT maker OpenAI and SoftBank as part of a joint venture known as Stargate to build AI infrastructure. Adobe’s (ADBE) report on Thursday is also expected to focus on the 澳洲幸运5官方开奖༒结果体彩网:company’s sales of AI-enhance💜d graphics software. 

Quick Links: 澳洲幸运5官方开奖结果体彩网:Recap Last Week’s Trading | 澳洲幸运5官方开奖结果体彩网:Latest Markets News

This Week’s Calendar

Monday, June 9

• Wholesale inventories (April)
• Apple’s (AAPL) WWDC conference begins with CEO Tim Cook's keynote address and special event
• Key Earnings: Casey’s General Stores (CASY)

Tuesday, June 10

• NFIB Small Business Optimism Index (May)
• Key Earnings: GameStop, J.M. Smucker (SJM), Core & Main (CNM), GitLab (GTLB), and Academy Sports & Outdoors (ASO)

Wednesday, June 11

• Consumer Price Index (May)
• Key Earnings: Oracle, Chewy (CHWY), SailPoint (SAIL), and Cognyte Software (CGNT)
• More Data to Watch: Monthly U.S. federal budget (May)

Thursday, June 12

• Initial jobless claims (Week ending June 7)
• Tesla (TSLA) robotaxi launch expected
• Key Earnings: Adobe
• More Data to Watch: Producer Price Index (May)

Friday, June 13

• Consumer sentiment - preliminary (June)

One More Thing

Tired of tipping? You’re not the only one, as Investopedia’s Parija Kavilanz found out, reporting that two in five Americans think our tipping culture is out of control, with younger Americans growing particularly sour on the practice. 澳洲ꦛ幸运5官方开奖结果体彩网:Read more about how Americans feel a🦩bout tipping.