Financial Insights to Watch This Week

The upcoming week is packed with significant financial results, starting with Oracle's second-quarter earnings on Monday. Investors will be closely monitoring these results for any indications of the company's performance and future prospects.

On Tuesday, all eyes will be on GameStop's third-quarter results. The company's revenue saw a significant drop of 31.4% in the second quarter of fiscal year 2024, reaching $798 million. This decline will be a key focus for investors as they assess the company's current state and potential recovery strategies.

Wednesday brings two major reports: Macy's full third-quarter results and Adobe's fourth-quarter financials. Macy's delayed its report after discovering an employee had hidden "approximately $132 to $154 million" in expenses over the years. Meanwhile, Adobe's results will provide insights into the company's performance and market position.

Wrapping up the week on Thursday, Broadcom and Costco will both release their financial results. Broadcom's previous quarter exceeded expectations, and investors will be keen to see if this trend continues. Costco's report will also be closely watched for any updates on the company's performance and strategies.