ADP labor data and earnings from Eli Lilly, Disney, and Sandisk set for Wednesday

EarningsMacro
โดย Yahoo Finance·US·Read original
Summary · why it matters

Investors face a busy Wednesday with ADP private payrolls data and earnings from Eli Lilly, Disney, and Sandisk. Eli Lilly reports second-quarter results before the market opens, with analysts focused on continued strength of Mounjaro and the rollout of its new obesity pill, though expectations for the pill have moderated amid a slower Medicare rollout. Disney also reports in the morning, with its parks business expected to remain solid on improving domestic attendance and higher guest spending, while studio results may be pressured by weaker content performance. After the market close, Sandisk announces results with high expectations following strong memory-industry performance driven by AI demand for higher storage. The ADP employment report for June is also due, with economists forecasting a slowdown in private payrolls compared to May.

Impact on stocks 4

Biotech & Genomic Medicine · 1 stocks
Eli Lilly and Company
LLY
▲ PositiveDemandrelevance

Focus on Mounjaro strength and obesity pill rollout, though expectations moderated.

Semiconductors · 1 stocks
Sandisk Corp
SNDK
▲ PositiveDemandrelevance

High expectations due to AI-driven demand for higher storage.

Communication Services · 1 stocks
Walt Disney Company
DIS
± MixedDemandrelevance

Parks business expected solid on attendance and spending, but studio results pressured.

Cloud & Digital Infrastructure · 1 stocks