EARNINGS & CATALYSTS · November 8, 2026
This Week’s Market Forecast: Your Day-by-Day Outlook (November 9–13, 2026 | U.S. Eastern Time)
Tuesday’s CPI and Friday’s producer prices test the inflation outlook. Cisco and Applied Materials earnings put AI spending in focus: watch whether demand is translating into profitable growth.
| Company | Report date | Window | EPS estimate | Revenue estimate |
|---|---|---|---|---|
| Cisco Systems, Inc. (CSCO) | November 12, 2026Expected · subject to change | After close | 1.32 | 18.11B |
| Applied Materials, Inc. (AMAT) | November 12, 2026Expected · subject to change | After close | 4.06 | 10.3B |
| Constellation Energy Corporation (CEG) | November 9, 2026Expected · subject to change | Before open | 3.90 | 9.23B |
| KKR & Co. Inc. (KKR) | November 9, 2026Expected · subject to change | Before open | 1.58 | 2.66B |
| Occidental Petroleum Corporation (OXY) | November 9, 2026Expected · subject to change | After close | 1.45 | 6.8B |
| TransDigm Group Incorporated (TDG) | November 10, 2026Expected · subject to change | Before open | 12.21 | 2.95B |
| Vylor Inc. (VYLR) | November 11, 2026Expected · subject to change | After close | -0.53 | 918.61M |
| Ferguson plc (FERG) | November 9, 2026Expected · subject to change | Before open | 3.31 | 8.74B |
| Take-Two Interactive Software, Inc. (TTWO) | November 9, 2026Expected · subject to change | After close | 0.97 | 1.64B |
| NRG Energy, Inc. (NRG) | November 9, 2026Expected · subject to change | Before open | 3.35 | 8.42B |
| Skydance Corporation (SKYD) | November 9, 2026Expected · subject to change | After close | 0.16 | 7.02B |
1) Consumer Price Index (CPI): October inflation
This is the week’s clearest test of whether inflation is easing. 📅 Tuesday, November 10 — 8:30 AM ET What it is: CPI measures consumer prices; core CPI excludes food and energy to help reveal underlying inflation. Impact: • Softer inflation than expected could lower bond yields and support technology stocks by reducing the interest rates used to value future profits. • Hotter inflation could lift yields and pressure expensive growth stocks, even if company earnings remain strong.
2) Producer Price Index (PPI): October inflation
Producer prices help reveal cost pressures facing businesses. 📅 Friday, November 13 — 8:30 AM ET What it is: PPI tracks prices received by domestic producers, offering a different view of inflation from consumer prices. Impact: • Slower price increases could ease concerns about future inflation and support businesses whose costs are falling. • A hotter report could raise concerns about squeezed margins or higher consumer prices, weighing on rate-sensitive stocks.
3) Weekly jobless claims
Claims provide a timely check on layoffs and household income. 📅 Thursday, November 12 — 8:30 AM ET What it is: Initial claims count new applications for unemployment benefits, with this report covering the week ended November 7. Impact: • Low claims could support confidence in spending and company sales, although a very tight labor market may keep interest-rate expectations high. • A sharp rise could hurt retailers and other economically sensitive stocks by signaling weaker employment, even if bond yields fall.
4) Existing-home sales: October
Housing turnover helps drive spending on renovation, furnishings and moving. 📅 Thursday, November 12 — 10:00 AM ET What it is: The report counts completed sales of existing homes, rather than newly signed contracts or new construction. Impact: • Stronger sales could support renovation suppliers and housing-related retailers as more households move and upgrade properties. • Weaker sales could signal that borrowing costs and affordability are restraining demand, pressuring those businesses.
5) NFIB small-business optimism: October
Small firms provide a useful check on hiring, investment and pricing plans. 📅 Tuesday, November 10 — 6:00 AM ET What it is: The survey combines ten measures of business conditions and expectations, including hiring and capital spending. Impact: • Improving sales and investment expectations could support smaller companies and suppliers that depend on domestic demand. • Weaker hiring or expansion plans could hurt confidence in smaller companies, while rising pricing plans would add to inflation concerns.
6) Overall Market Theme This Week
Inflation reports on Tuesday and Friday will test interest-rate expectations, while earnings from Cisco and Applied Materials will test whether AI investment is translating into profitable sales. Cooling prices alongside resilient demand would be a supportive combination for equities; hotter inflation or deteriorating company outlooks would make that balance harder to sustain.
7) Earnings to Watch This Week
Monday, November 9 — before open • Constellation Energy (CEG), Q3 2026: the electricity producer holds its earnings call before open, with results expected beforehand; watch power pricing and plant availability because strong demand helps profits only when generation is reliable. • KKR (KKR), Q3 2026, issuer-confirmed: watch recurring management fees and cash earned from selling investments, because fundraising can support future income while delayed exits hold back near-term cash generation. • Ferguson (FERG), Q3 2026, issuer-confirmed: the plumbing and heating distributor offers a check on construction and renovation demand; watch sales volumes and margins for evidence that demand can offset pricing and labor pressures. • NRG Energy (NRG), Q3 2026, issuer-confirmed: watch earnings from electricity generation and retail energy customers, where power prices, fuel costs and customer retention can pull profits in different directions. Monday, November 9 — after close • Occidental (OXY), Q3 2026, issuer-confirmed: watch production costs and cash available for debt reduction, because weaker oil prices can offset gains from producing more barrels. • Take-Two Interactive (TTWO), fiscal Q2 2027, expected after close with the earnings call confirmed that evening: the September launch of NBA 2K27 makes player spending and the game pipeline useful checkpoints for revenue, while development and marketing costs remain risks. • Skydance (SKYD), Q3 2026, expected after close with the earnings call confirmed that evening: watch streaming profitability, advertising and integration costs, because subscriber growth alone does not establish sustainable cash generation. Tuesday, November 10 — before open • TransDigm (TDG), fiscal Q4 2026, issuer-confirmed: watch aircraft replacement-parts demand and the next fiscal-year outlook, balancing pricing and maintenance demand against financing costs and production constraints. Wednesday, November 11 — after close • Vylor (VYLR), Q3 2026, issuer-confirmed: the seed business completed its separation from Corteva on October 1; watch standalone costs and seed pricing to judge future profitability, since this quarter predates the completed separation. Thursday, November 12 — after close • Cisco (CSCO), fiscal Q1 2027, issuer-confirmed: compare sales with its August outlook of $18.0–$18.2 billion and watch AI networking margins, because more equipment sales need to translate into profitable growth. • Applied Materials (AMAT), fiscal Q4 2026, expected after close with the earnings call confirmed that evening: watch the outlook for chipmaking-equipment spending and customer investment plans, with export restrictions and project delays as key risks. Recent peer context Lam Research reported September-quarter revenue of $8.22 billion on October 21, up 22% from the previous quarter, supporting the case for strong chip-equipment demand ahead of Applied Materials’ own update. Netflix’s October 20 report showed 12% revenue growth but a lower advertising outlook, a reminder ahead of Skydance’s report that streaming growth and advertising momentum can diverge.
8) How Traders Typically Approach These Events
Investors may reduce exposure or hedge ahead of major releases, and prices can jump in either direction when results arrive. Pre-event selling and a relief rally afterward are not reliable patterns. Strong growth data can still hurt stocks if bond yields rise, while weak data can damage profit expectations despite lower yields. If using bought options, the premium—the option price—can be lost in full, and a drop in expected volatility can reduce an option’s value after the event.
9) In simple terms
• Compare each result with expectations, not just the previous month. • Watch bond yields alongside company profit guidance. • Keep position sizes manageable when the outcome is uncertain.