Jobs, Broadcom, Dell, Hewlett, Planet Labs, and More to Watch This Week

Equities rose last week, with all three major indexes in the green, led by the Nasdaq Composite ’s 0.85% gain.

Chip maker Nvidia reported another stellar earnings report last week and especially excited investors with its forecast of 70% revenue growth for the fiscal year ending Feb. 1, 2028, much higher than Wall Street estimates for around 45% growth. Nvidia’s shares jumped 8.7% the day after its earnings release.

This week, Nvidia rival Broadcom will take center stage when it reports third-quarter fiscal-2026 results on Wednesday. Other companies in the artificial-intelligence ecosystem announcing earnings this week include Dell Technologies on Tuesday, Hewlett Packard Enterprise on Wednesday, and Ciena on Thursday.

The major economic data release this week will be Friday’s jobs report from the Bureau of Labor Statistics. That and the consumer price index, to be released a week later, will go a long way to determining the Federal Open Market Committee’s next move on interest rates.

Federal Reserve Chair Kevin Warsh’s speech last Fridy at Jackson Hole, Wyo., was perceived as hawkish by investors. Warsh reiterated the Fed’s commitment to a 2% personal consumption expenditures inflation target. The odds of a rate hike at the FOMC’s mid-September monetary-policy meeting jumped to 57% from 35% right before the speech.

Monday 8/31

The Federal Reserve Bank of Dallas releases its Texas Manufacturing Outlook Survey for August. Consensus estimate is for a 1.6 reading, little changed from July. The survey tracks the state’s manufacturing sector, with readings greater than zero indicating growth.

Tuesday 9/1

Credo Technology, Dell Technologies, Gitlab, Medtronic, MongoDB, NIO, and Palo Alto Networks report quarterly results.

The Bureau of Labor Statistics releases the Job Openings and Labor Turnover Survey. Economists forecast 7.3 million job openings on the last business day of July, slightly less than in June. There are currently 1.04 job openings for every unemployed person, down from a peak of 2 in April 2022.

The Institute for Supply Management releases its Manufacturing Purchasing Managers’ Index for August. The consensus call is for a 55.1 reading, half a point lower than in July.

Wednesday 9/2

Broadcom, Brown-Forman, C3.Ai, Five Below, Gold.com, Hewlett Packard Enterprise, NetApp, Phreesia, PVH, and Snowflake release earnings.

ADP releases its National Employment Report for August. Consensus estimate is for an increase of 45,000 in private-sector employment, roughly even with the July data.

Thursday 9/3

Campbell’s, Ciena, Docusign, Guidewire Software, Lululemon Athletica, Planet Labs, Samsara, UiPath, Victoria’s Secret, and Zscaler announce quarterly results.

The ISM releases its Services Purchasing Managers’ Index for August. Economists forecast a 54.1 reading, which would match the July figure.

Friday 9/4

The BLS releases the jobs report for August. The consensus call is for a 58,000 increase in nonfarm payrolls, after a 23,000 decline in July. The unemployment rate is expected to remain unchanged at 4.1%. Job growth has averaged 60,857 a month so far this year, up from just 9,667 a month last year.

Write to Dan Lam at dan.lam@dowjones.com

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