It may be primarily a US stock, but when Apple Inc. (NASDAQ:AAPL) reports numbers, most of the financial world including the City is likely to be listening.
And so it will be after the closing bell tonight, when the iPhone and iPad maker reports third quarter results.
Apple is expected to post a second quarter in a row of iPhone sales declines as customers await new models, choose cheaper phones from rivals or simply stick with their old phones for longer.
But the company is expected to report a silver lining, with higher revenues from software and services including the iCloud.
Analysts are also likely to keep an eye out for any news about potential acquisitions to boost the latter division.
In February, Apple was rumored to be considering bidding for Netflix Inc (NASDAQ:NFLX).
In March, the company confirmed speculation that it had looked at graphics chip maker Imagination Technologies PLC (LON:IMG), but that came to nothing.
Apple said in a statement on March 22: “We had some discussions with Imagination, but we do not plan to make an offer for the company at this time.”
Cheeky analysts might even pose the question as to whether Apple could muscle in on SoftBank’s bid for ARM Holdings PLC (LON:ARM), which incidentally reports half-year results on Wednesday.
Also reporting Wednesday are big players including ITV PLC (LON:ITV), drug group GlaxoSmithKline PLC (LON:GSK), house-builder Taylor Wimpey PLC (LON:TW.) and oil explorer Tullow Oil plc (LON:TLW).
On the economic front, the UK’s Office for National Statistics is set to release its first estimate for UK second quarter GDP.
Economists will comb through the numbers for clues as to how the economy was doing in the run-up to the EU referendum.
But some have said that will make the data somewhat irrelevant, given the result of the vote and what has happened since.