Welcome to Seeking Alpha's Stocks to Watch - a preview of key events scheduled for the next week. Follow this account and turn the e-mail alert on to receive this article in your inbox every Saturday morning. A podcast of Stocks to Watch is also available on Sundays on Seeking Alpha, Apple Podcasts, Stitcher and Spotify (click the highlighted links).
The earnings season ramps up next week with some tantalizing updates due out. What is the current cash burn rate at American Airlines (AAL)? Is Chipotle's (CMG) takeout/delivery business still sizzling? Will Microsoft (MSFT) guide higher? Is a Q2 profit and S&P 500 inclusion in the cards for Tesla (TSLA)? And what on earth will Twitter (TWTR) say about its high-profile hacking episode?. In D.C., Senate Republicans are slated to release their plan for additional stimulus spending next week, which will restart the debate on what the government's financial response to the pandemic should look like. The economic calendar is fairly light with the initial jobless claims report appearing to have the most potential to rattle markets (see below), while the biggest conference event is the annual Farnborough International Airshow. Expect a quieter format this year as the global air show goes online instead of having roaring jets from Boeing (BA), Airbus (OTCPK:EADSF) and Embraer (ERJ) on display. Finally, there is gold (XAUUSD:CUR) to keep an eye on. Gold futures have stealthily notched six weeks in a row of gains on expectations for additional fiscal stimulus in Europe and the U.S.
Earnings spotlight: Halliburton (HAL) and IBM (IBM) on July 20; Comerica (CMA), Coca-Cola (KO), Lockheed Martin (LMT), Philip Morris International (PM), Capital One (COF), United Airlines (UAL), Snap (SNAP) and Texas
