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- Here is a look at three things that we're watching next week.
First up.
Wednesday we have Tesla's investor day.
CEO Elon Musk giving a small preview,
tweeting that he'll be unveiling Master Plan 3,
the path to a fully sustainable energy future for Earth.
Among the issues Musk is expected
to address, updates to Tesla's self-driving system
and the Cybertruck.
As far as the stock goes, Deutsche Bank's analysts
believe that the investor day has
the potential to help the stock keep re-rating higher.
- Also on Wednesday, after the bell
we will have Salesforce's fourth-quarter earnings.
The company has become the target
of five different activist investors,
including Third Point, Elliott Management,
and also Starboard Value.
Now, investors will be looking to see
if CEO Marc Benioff addresses those activists concerns.
We will also be watching for any updates
to the company's 2023 outlook and for insight
into how the broader pullback that we
are seeing in tech spending is impacting
Salesforce's business.
- And on Thursday, we have a big day of retail earnings.
Among them, Macy's and Best Buy, which
report before the market open.
After the bell, we'll get results
from Nordstrom and Costco, Yahoo Finance's
2022 Company of the Year.
This week we got signs from Walmart and Home Depot
that the consumer is starting to pull back on spending.
We'll be watching these retailers
to find out if they are seeing and starting
to see the same thing.
We'll also be looking to see what
these retailers say about buying trends during this period
of high inflation.
- A lot to look forward to next week.
Well, that does it for us for this week
on Yahoo Finance Live!
Thanks so much for tuning in.
We'll see you right back here on Monday, 3:00 PM Eastern time.
Have a great weekend.