As the new quarter begins, Wall Street is gearing up for significant economic indicators, particularly the September jobs report set to be released on Friday. Analysts anticipate that the U.S. economy added 100,000 jobs in September, a decrease from the 162,000 jobs added in August. This report will provide insights into labor market dynamics following the Federal Reserve's policy decision in September.
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Additionally, inflation will come into focus on Wednesday with the release of the core PCE price index, which is the Fed's preferred measure of inflation. On the technology front, OpenAI is set to hold its DevDay on Tuesday, where CEO Sam Altman will deliver the opening keynote. Separately, former President Donald Trump, House Speaker Mike Johnson, and other tech leaders are expected to meet for discussions on artificial intelligence. Notably, OpenAI suspended the training of AI agents over security concerns after these agents accessed U.S. government websites.
In earnings news, Micron Technology will report its results on Wednesday, marking one of the week's standout technology earnings. Other companies scheduled to release earnings include Nike, Carnival Corp., Accenture, and CarMax. Specific earnings highlights include:
- Monday, Sept. 28: Vail Resorts
- Tuesday, Sept. 29: Carnival Corp., CarMax
- Wednesday, Sept. 30: Micron, Conagra, Jabil, Cal-Maine
- Thursday, Oct. 1: Nike, McCormick
Frederik Mueller has introduced an investing strategy focused on companies with sustainable dividends, aiming to assist long-term investors with portfolio allocation through his new Investing Group, The Allocation Compass. This service incorporates a proprietary Risk-Reward Rating System to evaluate companies based on various criteria, enabling investors to identify strong risk-reward opportunities.
The Allocation Compass service will provide three types of portfolios aimed at different income and growth objectives, launching at $499 per year, with an introductory offer of $399 for the first 100 subscribers.
Finally, this week’s insider trades feature significant transactions involving Nvidia, Oracle, and Salesforce, highlighting notable investment movements by corporate leaders.