The U.S. market is about to usher in another wave of important earnings reports and key economic data, which has attracted the attention of investors.。

After the past tech "seven sisters" (Microsoft, Meta Platforms, Amazon, Apple, Google parent Alphabet, Tesla and Nvidia) tech giants have posted strong results, the focus has shifted to the next batch of U.S. market heavyweights。This week, many high-profile companies will be reporting quarterly results, as will important economic data, which could affect investor sentiment and market direction。

Earnings Focus

This week, investors are set for a string of quarterly results from important companies。Walt Disney Co. is due to report earnings after the close of trading on Wednesday, February 7, with analysts expecting earnings per share (EPS) of 1.04 dollars, revenue will reach 23.8 billion dollars。However, there are concerns about a possible sharp decline in advertising revenue and linear network revenue.。Uber Technologies will also release earnings before the market opens on the same Wednesday.。EPS is expected to fall 42% YoY to 0, according to analyst consensus.17美元。

Despite falling expectations, the market remains bullish on Uber's continued leadership and growth trajectory, driven by its strong customer mobility and delivery services.。Another high-profile giant, Alibaba Group, will also report its third-quarter results before the market opens on Wednesday, February 7.。Expected EPS of 2.$65, revenue to 364.$400 million, all eyes will be on the new CEO, expecting him to lead the company to profitability and growth through key platforms such as Alibaba Cloud, Taobao and Tmall。

Economic data guides the market

Turning to the economic calendar, a series of data releases will provide new insights into the health of the US economy。ISM non-manufacturing PMI expected to rise to 52 in January.0, claims that may further strengthen the resilience of the service sector。In addition, the Labor Department's unemployment claims report released Thursday is expected to show a slight decline in initial claims, further bolstering optimism about the strong state of the labor market.。Trade deficit data released on Wednesday may confirm a slight improvement in international trade, with forecasts showing the deficit narrowing.。In addition, wholesale inventory data released on Thursday will provide clues about the state of the economy's supply and demand balance.。

Industry Performance and Market Outlook

Investors will pay close attention to these earnings reports and economic indicators as they may affect the performance of various industries and overall market trends.。As the U.S. earnings season enters its full unfolding phase, the results of these reports could trigger market ups and downs, depending on whether companies meet, exceed or fall short of expectations。Overall, the coming week is full of challenges and opportunities for the US market.。As investors interpret earnings and economic data, the market will gradually find its rhythm and react accordingly to company performance and economic health。