Earnings & Data Week | April 21–26, 2025

Wall Street gears up for a critical week packed with corporate earnings and macroeconomic releases likely to shape market direction.

The trading week beginning Monday, April 21, 2025, is expected to be one of the busiest of the current earnings season. Several high-profile companies – including Tesla, Alphabet, Intel, Boeing, and IBM – are scheduled to release quarterly results, alongside a series of key economic indicators offering a timely snapshot of the U.S. economy across manufacturing, housing, and labor markets.

Key Earnings Reports: Tech, Industry & Consumer Sectors in Focus

Investor attention will be sharply focused on several influential players across sectors:

• Tuesday, April 22: Reports from Tesla, SAP, Enphase Energy, and Capital One will headline the day. Tesla is expected to face questions about delivery volumes, margins, and the impact of export restrictions to China.
• Wednesday, April 23: Heavyweights Boeing, IBM, AT&T, ServiceNow, and Texas Instruments will report, offering insight into real economy sectors and enterprise technology demand. Boeing, in particular, remains under scrutiny due to ongoing delivery delays and quality control concerns.
• Thursday, April 24: Market focus will shift to Alphabet (Google), Intel, PepsiCo, Merck, and Skechers. Alphabet will provide guidance on digital advertising trends, YouTube performance, and AI monetization. Intel’s report will shed light on chip demand and the ramifications of renewed U.S.-China trade tensions.
• Friday, April 25: Reports from AbbVie, Schlumberger, Charter Communications, Centene, Phillips 66, and LyondellBasell will close the week, giving investors a broader view of developments in healthcare, energy, and infrastructure.

Macroeconomic Indicators: A Real-Time Reading of Economic Health

In parallel with earnings, the week will feature several critical economic reports:

• Wednesday, April 23:
  • The S&P Global Manufacturing PMI fell to 49.3, signaling contraction, while the Services PMI dropped to 52.9 – both below expectations.
  • New home sales for March came in at 680K units, slightly above the forecast of 676K.
  • Crude oil inventories rose by 0.515 million barrels, potentially influencing energy prices.
• Thursday, April 24:
  • Durable Goods Orders surged 1.5% in March, outpacing expectations and reflecting solid business investment.
  • Initial Jobless Claims came in at 215,000 – indicating continued strength in the labor market.
  • Existing home sales fell to 4.14 million units, below the consensus of 4.26 million, pointing to potential softening in housing demand.

Outlook: High Stakes for Equities and Sentiment

The convergence of high-impact corporate reports and macro data could drive significant volatility across sectors. Investors will be watching not only EPS figures, but forward guidance for the remainder of 2025 – especially amid renewed concerns over trade policy, inflation stickiness, and monetary tightening.

Wall Street is entering a reality check phase: companies are expected to deliver not just growth, but clarity and confidence in a climate of policy uncertainty and shifting global demand.