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The Markets
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Builders and building materials

Prudential, NVIDIA and CrowdStrike: The Week Ahead

Prudential features among those set to report in the UK next week, alongside NVIDIA and CrowdStrike across the pond.

First though, specialist distributor Bunzl will kick off reporting among FTSE 100 constituents for the week on Tuesday with interims, following a bank holiday on Monday.

This will coincide with full-year results from Australia-based miner BHP on the same day, before Wednesday brings updates from Prudential, NVIDIA and CrowdStrike.

For Prudential, investors will be hoping for any positivity in interim results after a focus switch to Asia has been dampened by economic headwinds in the area.

Chipmaker NVIDIA is then expected to deliver its latest in a string of earnings beats, while CrowdStrike’s update comes after it was at the centre of a global IT outage last month.

On the macroeconomic front, next week brings a second estimate for GDP growth over the last quarter in the US, alongside personal consumption expenditures data - the Federal Reserve’s preferred measure of inflation.

In the UK, a quieter bank holiday week will see mortgage approvals data for July on Friday, while EU inflation figures are also due late on in the week.

Monday 26 August

UK SUMMER BANK HOLIDAY

Announcements due:

Economic announcements: Durable Goods Orders (US)

Tuesday 27 August

Bunzl should show off improved margins in its interim update, according to brokers... Read more

BHP's strategy will be in full view after a failed bid for Anglo American, analysts say... Read more

Announcements due:

Finals: BHP Group Ltd (LSE:BHP, ASX:BHP)

Interims: Bunzl PLC, Faron Pharmaceuticals Oy

AGMs: Britvic PLC (LSE:BVIC), Livermore Investments Group Ltd, Triple Point Energy Transition PLC, Belluscura PLC (AIM:BELL), RUA Life Sciences (AIM:RUA) PLC

Economic announcements: House Price Index (US), Consumer Confidence (US), GDP (GER)

Wednesday 28 August

Prudential's update comes as shares sit at a 12-year low, with economic headwinds in China among key issues... Read more

NVIDIA should be on course to deliver its latest in a string of earnings beats... Read more

CrowdStrike's second quarter comes hot on the heels of last's months global IT outage... Read more

Announcements due:

Trading updates: Hochschild Mining PLC (LSE:HOC, OTCQX:HCHDF)

US earnings: CrowdStrike Holdings Inc (NASDAQ:CRWD), HP Inc (NYSE:HPQ), NVIDIA Corporation, Salesforce Inc (NYSE:CRM, ETR:FOO)

Interims: PensionBee Group PLC (LSE:PBEE), Prudential PLC (LSE:PRU), Puretech Health PLC

AGMs: Bowleven PLC, Creightons PLC (LSE:CRL), Ethernity Networks Ltd (AIM:ENET, OTCQB:ENETF), Kinovo PLC (AIM:KINO, OTC:BILBF), Wishbone Gold PLC (AIM:WSBN, AQSE:WSBN)

Economic announcements: BRC Shop Price Index (UK), MBA Mortgage Applications (US), Crude Oil Inventories (US)

Thursday 29 August

In macroeconomic news, GDP and inflation are back on the cards in the US late on in the week... Read more

Announcements due:

Finals: South32 Ltd (LSE:S32, ASX:S32, OTC:SHTLF, JSE:S32)

US earnings: Lululemon Athletica Inc (NASDAQ:LULU), MongoDB Inc (NASDAQ:MDB)

Interims: BBGI Global Infrastructure SA, Ct Private Equity Trust PLC, Gem Diamonds Ltd, Grafton Group PLC (ISE:GFTU), Gulf Keystone Petroleum, Hunting PLC (LSE:HTG), PPHE Hotel Group Ltd, Somero Enterprise Inc

AGMs: Bivictrix Therapeutics PLC, Roebuck Food Group Public Limited Company

Economic announcements: Car production (UK), Gross Domestic Product (US), Continuing Claims (US), Initial Jobless Claims (US), Pending Homes Sales (US), Inflation (GER)

Ex-dividends to reduce FTSE 100 by: 7.34

Friday 30 August

Announcements due:

Economic announcements: Consumer Credit (UK), M4 Money Supply (UK), Mortgage Approvals (UK), Personal Consumption Expenditures (US), Personal Income (US), Personal Spending (US), Chicago PMI (US), University of Michigan Confidence (US), Inflation (EU), GDP (CA)

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The Markets
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Proactive UK has moved.
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