Alibaba Set To Report Earnings While Investors Watch Out For Jobs Data

Wall Street Week Ahead87K FollowersFollow5ShareSavePlay(4min)CommentsGet ahead of the market by subscribing to Seeking Alpha's Wall Street Week Ahead, a preview of key events scheduled for the coming week. The newsletter keeps you informed of the biggest stories set to make headlines, including upcoming IPOs, investor days, earnings reports, and conference presentations. Wall Street's major market averages traded lower on Friday as the January wholesale inflation report came in hotter than expected. On the economic front, the January U.S.

Producer Price Index came in at +0.5% M/M versus the +0.3% consensus and +0.5% prior figure. Also, core PPI (excluding food and energy) came in at +0.8% M/M compared to the +0.3% consensus and +0.7% prior readings. As the earnings season eases, investors will look out for major economic indicators in the coming week. The S&P Global Manufacturing PMI and ISM Manufacturing PMI for February are due on Monday, with the non-manufacturing PMI set to be released later in the week on Wednesday. On Thursday, initial jobless claims data will be released, with retail sales data and nonfarm payrolls scheduled for Friday. Alibaba (BABA), CrowdStrike (CRWD), and Broadcom (AVGO) are among the companies reporting their results next week. _______________________________________________________________ Earnings spotlight: Monday: Riot Platform (RIOT), Core Scientific (CORZ), Plug Power (PLUG). See the full earnings calendar. Earnings spotlight: Tuesday: CrowdStrike, Ross Stores (ROST). See the full earnings calendar. Earnings spotlight: Wednesday: Broadcom, Okta (OKTA). See the full earnings calendar. Earnings spotlight: Thursday: Costco (COST), Alibaba. See the full earnings calendar. Volatility watch: AST SpaceMobile (ASTS) and Xenon Pharmaceuticals (XENE) are set up for a volatile week of trading based on options volume. The most overbought stocks per their 14-day relative strength index include ATI Inc. (ATI), Keysight (KEYS), and Nordic American Tankers (NAT). The most oversoldThis article was written byWall Street Week Ahead87K FollowersFollowOur news team's weekend preview of upcoming IPOs, earnings reports, conference presentations, investor days, IPO lockup expirations, FDA decisions, Barron's mentions, and other key events that could impact stocks.