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| | Welcome to Wall Street Breakfast, our preview of stock market events for investors to watch during the upcoming week. You can also catch this article a day early by subscribing to the Stocks to Watch account for Saturday morning delivery. Outlook  The latest trading week of the slower season could be an active one. Economic reports out include updates on pending home sales, consumer confidence, construction spending and the ADP employment print. Meanwhile, the oil and gas industry is closely watching the approach of Hurricane Ida toward Louisiana and energy interests. On the corporate calendar, a rush of SPAC deals go to a vote and Autodesk (NASDAQ: ADSK) holds an investor event of interest. Companies heading into the earnings confessional next week include Li Auto, (NASDAQ: LI), Lululemon (NASDAQ: LULU) and DocuSign (NASDAQ: DOCU). | | Earnings Earnings spotlight: Monday, August 30th: Li Auto (LI), Cloudera (NYSE:CLDR) and Zoom Video (NASDAQ:ZM). Earnings spotlight: Tuesday, August 31st: H&R Block (NYSE:HRB), PVH(NYSE:PVH), CrowdStrike (NASDAQ:CRWD) and NetEase (NASDAQ:NTES). Earnings spotlight: Wednesday, September 1: Campbell Soup (NYSE:CPB), Chewy (NYSE:CHWY), C3.ai (NYSE:AI), ChargePoint Holdings (NYSE:CHPT) and Five Below (NASDAQ:FIVE). Earnings spotlight: Thursday, September 2: Signet Jewelers (NYSE:SIG), American Eagle Outfitters (NYSE:AEO), Hewlett Packard Enterprise (NYSE:HPE), Broadcom (NASDAQ:AVGO), Ciena (NYSE:CIEN) Docusign (DOCU) and Lululemon (LULU). | | Sponsored By VantagePoint  Don't settle for ordinary trading strategies. See how Vantagepoint's battle-tested predictive analysis can help you make smarter, more efficient trading decisions. Combine your experience and expertise with this top-of-the-line forecasting. Get in on stocks about to skyrocket and ride them out before the downturn. Easy for A.I. traders. Easy for options traders. See a FREE DEMO now! | | IPOs IPO watch: There are no IPO pricings on the calendar in the week ahead as the sector takes a bit of break ahead of the Labor Day weekend. Analysts won't have the week off as the quiet period ends on European Wax Center (NASDAQ: EWCZ), Weber (NYSE: WEBR), Orange County (NASDAQ: OBT), Paltalk (NASDAQ: PALT) and IDW MEdia ( OTCPK:IDWM) on August 30, as well as Adagio Therapeutics (NASDAQ: ADGI) on August 31. Of note, the IPO lockup periods expire on Oscar Health (NYSE: OSCR) on August 30 and Innovage Holding (NASDAQ: INNV) on August 31. The fall initial public offering season kicks off in Europe next week with companies like French health-care property firm Icade Sante, Belgian chemicals distributor Azelis, German call center business Majorel, DNA-sequencing firm Oxford Nanopore Technologies and Richard Branson's Virgin Atlantic Airways Ltd. all on the watch list. | | M&A M&A tidbits: The Monmouth Real Estate Investment (NYSE: MNR)-Equity Commonwealth (NYSE: EQC) and Altabancorp (NASDAQ: ALTA)-Glacier Bancorp (NASDAQ: GBCI) deals go to a shareholder vote on August 31, while the QTS Realty Trust (NYSE: QTS)-Blackstone (NYSE: BX) deal is slated to close. If the Surface Transport Board allows the Canadian National Railway (NYSE: CNI) takeover of Kansas City Southern (NYSE: KSU) to proceed, shareholders will vote on the rails combination on September 3. | | Dividends Dividend watch: Verizon (NYSE:VZ) is forecast to boost its quarterly dividend payout to $0.64 per share from a prior level of $0.6275. The new yield of around 4.68% would be above the five-year average VZ yield of 4.47%.
| | Events Corporate events: Autodesk (ADSK) hosts its Digital Investor Day with the company looking to rebuild confidence after its earnings day slump. Shares of ADSK rallied more than 10% in the three weeks following the company's last two investor days as Wall Street analysts underpinned their bull cases following the presentations. Also of high interest, Brown-Forman Corporation (NYSE:BF.B) hosts a virtual investor conference with presentations from execs on the company's integrated strategy and priorities that support the Nothing Better in the Market initiative. Meanwhile, Adaptimmune Therapeutics (NASDAQ:ADAP) is expected to issue a Phase 1 update on ADP-A2AFP at the International Liver Cancer Association meeting in a late-week presentation that could impact shares. Also keep an eye on Peloton Interactive (NASDAQ:PTON), with the company poised to set to start selling a less expensive treadmill in U.S. and market its new bike pricing. Check out Seeking Alpha's Catalyst Watch for a detailed list of specific events to watch. | | Analysis U.S. auto sales: U.S. auto sales are forecast to fall 9% in August as the market is squeezed even tighter by a worsening supply situation. The seasonally adjusted annual rate is expected to finish near 14.3M to mark the slowest sales pace of the year. Cox Automotive Senior Economist Charlie Chesbrough warns that the supply situation could even get worse for General Motors (NYSE:GM), Ford (NYSE:T), Toyota (NYSE:TM), Honda (NYSE:HMC) and Stellantis (NYSE:STLA). "Available inventory on dealer lots has been falling for months, and sales have been constrained further and further as a result. And soon the market will enter the Labor Day holiday weekend, usually one of the highest sales periods of the entire year, but with half the supply they had last year," he notes. Conference schedule: The Jefferies Semiconductor, IT Hardware & Communications Infrastructure Conference is the highlight event next week. Participating companies include Silicon Motion Technology Corporation (NASDAQ:SIMO), Radware (NASDAQ:RDWR), CEVA (NASDAQ:CEVA), Nova (NASDAQ:NVMI), NXP Semiconductors (NASDAQ:NXPI), ADTRAN (NASDAQ:ADTN), Amdocs (NASDAQ:DOX) and Axcelis Technologies (NASDAQ:ACLS). Some of the other major conferences set for next week include the Latin American Satellite Congress, UBS China A-Share Virtual Conference, Credit Suisse 9th China Internet C-Level Virtual Conference, the Stifel Transportation Conference, the Barclays Media and Telecom Forum and the Deutsche Bank dbAccess 25th Annual European TMT Conference. Data watch: Traders will have to be sharp for the first few days of the month with reports on Macau gaming revenue, discount broker DARTs, firearm background checks and Class 8 truck orders due out. Airline companies could start to post traffic updates, which are frequently accompanied with guidance updates. The electric vehicle sector will draw some attention when Chinese automakers Nio (NYSE:NIO), XPeng (NYSE:XPEV) and Li Auto (LI) update on August deliveries, while the broader update on China auto sales will be of high interest to Tesla (NASDAQ:TSLA), Volkswagen (OTCPK:VWAGY), Honda Motor (HMC) and Geely Automobile (OTCPK:GELYF) to see how the market share trends shake out. Read about more potential share price catalysts for the week ahead. | | SPACs SPAC watch: Shareholders with Supernova Partners Acquisition Company (NYSE: SPNV) meet to vote on the SPAC deal with Offerpad on August 31. Chardan Healthcare Acquisition 2 Corp. (NYSE: CHAQU) shareholders meet on August 31 to vote on the previously announced merger with Renovacor and Genesis Park Acquisition Corp. (NYSE: GNPK) shareholders vote on the business combination with Redwire. On September 3, shareholders with Sustainable Opportunities Acquisition Corp. (NYSE: SOAC) meet to vote on the proposed business combination with DeepGreen Metals. The SPAC deal is the latest in a long line involving electric vehicles with DeepGreen Metals planning to manufacture metals used in EV batteries. | | Stocks Notable annual meetings: The Container Store (NYSE:TCS) on September 1 and Viasat (NASDAQ:VSAT) on September 2. Barron's mentions: The cover story this week dives into where investors might find opportunities with Chinese stocks after some alarming moves from Beijing this summer. The publication thinks China's most well-known companies like Alibaba (NYSE:BABA), Tencent (OTCPK:TCEHY) and Yum China (NYSE:YUM) are starting to look cheap, with the likelihood of volatility meaning there will be ample opportunity to buy. The point is made that China is still a major source of global growth with diligent savers being encouraged to put more of their $75T in household wealth into a stock market filled with companies well positioned for Beijing's policy makers. Closer to home, Plantronics (NYSE:POLY) is singled out this week as an attractive stock. The company is seen benefiting from a surge in hybrid meetings that mix in-person and virtual participants. | | | | | Seeking Alpha's Wall Street Breakfast Podcast Seeking Alpha's Wall Street Breakfast podcast brings you all the news you need to know for your market day. Released by 8:00 AM ET each morning, it is a quick listen that you can put on as you get ready to start your working day. | | | | |
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