Oracle Kicks Off the Week with Second-Quarter Results

The financial reporting season continues this week with several major companies set to announce their earnings. Kicking things off on Monday is Oracle, which will reveal its second-quarter results. Investors will be keen to see how the tech giant has performed in the face of increasing competition and market challenges.

GameStop and Macy's on Tuesday and Wednesday

On Tuesday, all eyes will be on GameStop as it reports its third-quarter results. The company's revenue took a significant hit in the second quarter, falling 31.4% year-on-year to $798 million. Meanwhile, Macy's will finally unveil its full third-quarter results on Wednesday, after a delay caused by an internal financial scandal involving an employee hiding millions in expenses.

Adobe and Broadcom Round Out the Week

Adobe will also release its fourth-quarter financial results on Wednesday, providing insights into the performance of its creative and digital experience segments. Broadcom, which recently beat expectations with its third-quarter results, will report on its fourth quarter on Thursday, alongside Costco. These reports will be crucial for investors looking to gauge the health of the tech and retail sectors.