Analysis
Welcome to this week's U.S. Stock Market Outlook. We have compiled key upcoming events with high trading significance—including the August Nonfarm Payrolls report, Tesla's Cybercab launch event, and Apple's CEO transition—to help you navigate potential price action across major asset classes.
Monday, August 31
Volatility Watch: Car rental providers Avis Budget and Hertz Global saw elevated options implied volatility over the past week. Based on 14-day RSI indicators, overbought names include Arcturus Therapeutics and SolarWindow Technologies, while oversold names include Elite Pharmaceuticals and Dick’s Sporting Goods. Short interest in Quantum Computing and SoundHound AI has trended higher once again.
Dividend Calendar: Companies going ex-dividend next week include Nike, McDonald's, Northrop Grumman, and Qualcomm.
Full-Day Events:
CrowdStrike hosts its flagship three-day cybersecurity conference, Fal.Con, centered around the theme "Securing the AI Revolution." The event brings together security leaders, practitioners, threat researchers, clients, and partners, featuring keynote addresses from CrowdStrike CEO George Kurtz.
The Federal Reserve releases its monthly G.20 Finance Companies report, detailing the volume and composition of owned and managed receivables at financial institutions across the U.S.
Broadcom kicks off its three-day VMware Explore conference, focusing on modernizing private cloud infrastructure via VMware Cloud Foundation to support secure, AI-ready enterprise workloads.
Rush Enterprises 3-for-2 stock split officially takes effect.
Post-Market Index Rebalancing: Following the closing bell, SanDisk, Carpenter Technology, and ATI will be officially implemented into the MSCI World Index.
Tuesday, September 1
Earnings Watch: Key corporate releases scheduled for today include Dell Technologies, Palo Alto Networks, Medtronic, MongoDB, and Nio. Options markets are pricing in a double-digit percentage post-earnings move for Credo.
Economic & Industry Data: The start of the month brings a cluster of key data prints: monthly vehicle delivery reports from Nio, XPeng, Li Auto, and BYD Company; Macau monthly Gross Gaming Revenue (GGR); Class 8 heavy-duty truck orders; FBI firearm background check figures; and discount brokerage DART reports.
Full-Day Events:
The G20 Innovation Ministerial Meeting opens a two-day summit in North Carolina. Attendees include G20 officials alongside prominent tech CEOs, including SpaceX/Tesla's Elon Musk, OpenAI's Sam Altman, and Nvidia's Jensen Huang.
Baidu's dual-primary listing transition across Nasdaq and HKEX becomes effective.
Apple's new CEO John Ternus officially assumes office, succeeding Tim Cook. Cook, who has led the Cupertino tech giant since 2011, transitions into his new role as Executive Chairman.
The three-day Commercial UAV Expo opens in Las Vegas, featuring drone manufacturers, software/sensor vendors, service providers, regulatory bodies, and enterprise/government operators. Notable exhibitors include Amazon Prime Air, DJI, and Ouster.
McDonald’s launches a limited-time nationwide return of its popular Spicy Chicken McNuggets.
Kontoor Brands hosts an Investor Day dedicated to Helly Hansen.
Dell hosts its quarterly earnings call. Management's commentary will focus heavily on AI server demand, broader infrastructure spending, backlog trends, gross margins, supply chain dynamics, and forward guidance. Options markets project a potential post-earnings price swing of up to 10%. As a primary supplier contributing ~19% of Intel's revenue, Dell's earnings reaction historically correlates with Intel's stock movement 88% of the time.
Wednesday, September 2
Earnings Watch: Major reports due today include Broadcom, Snowflake, Hewlett Packard Enterprise, Five Below, and Brown-Forman. Options markets anticipate double-digit percentage price moves post-earnings for NetApp and Petco Health and Wellness.
Full-Day Events:
Amphenol 2-for-1 stock split takes effect.
Bloomberg releases monthly Crude & Condensate Tanker Tracking data.
3:00 PM EDT: The Federal Reserve releases its Beige Book, summarizing regional economic conditions across all 12 Federal Reserve districts.
Post-Market: Costco releases its monthly net sales results.
Thursday, September 3
Earnings Watch: Key reporters include Ciena, Zscaler, Samsara, DocuSign, and Lululemon. Options pricing suggests double-digit percentage post-earnings volatility for Victoria's Secret and Planet Labs.
Full-Day Events:
Tesla holds an invite-only Cybercab unveiling event in Austin, Texas. The Cybercab is the company's purpose-built autonomous robotaxi designed without a steering wheel or pedals. Reports indicate users in the Austin area may soon hail the vehicle via Tesla's existing Robotaxi application.
Match Group hosts an Investor Event led by CEO Spencer Rascoff, focused specifically on Tinder operational strategy and monetization.
8:30 AM EDT: Federal Reserve Governor Christopher Waller participates in a live online Q&A interview with Reuters NEXT.
Friday, September 4
Full-Day Events:
Marks the official 60-day countdown to the U.S. Presidential Election. Analysts note that institutional investors often initiate election-focused portfolio rebalancing around this calendar benchmark.
Arcosa shareholders vote on the acquisition tender offer from CRH. Ahead of the vote, Arcosa shares trade at a ~3.2% discount to the $150 transaction price.
8:30 AM EDT — August Nonfarm Payrolls Report: Economists project headline job growth of 55,000, an unemployment rate of 4.2%, and monthly average hourly earnings growth of 0.2%.