Uber earnings, Harris VP announcement: What to Watch

A wave of corporate earnings results are due out Tuesday, August 6, including ride-sharing giant Uber (UBER), Airbnb (ABNB), Super Micro Computer (SMCI), and Reddit (RDDT).

Vice President Kamala Harris, the presumed Democratic nominee, is expected to make an announcement tomorrow regarding her own vice presidential running mate.

For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime.

This post was written by Luke Carberry Mogan.

Video Transcript

Tomorrow, Uber Super Micro Computer and Reddit, all reporting among others Super Micro announcing fourth core results after the close and expecting big things as the company enters the Black Belt Ship era.

Saying that 24 results could be a precursor to sustained A I sales momentum in fiscal year 2025.

And moving over to the hospitality sector will be getting earnings from Airbnb Hyatt hotels and win resorts tomorrow.

Airbnb reporting second quarter results after the bell, the Summer Olympics could be a tailwind for the third quarter.

A generative A I features will be in focus on the call.

According to analysts, the company is looking to bolster investments related to its chat bot feature in the in its app.

And finally the beep stakes could be over tomorrow reports say Vice President Harris has narrowed her search for a vice presidential running mate and the decision is expected ahead of Republican appearance with her vice presidential pick at Temple University in Philadelphia.

We’ll see.

I’m really interested in the airbnb et cetera in those earnings because we’re as we’re trying to figure out what’s going on with the consumer less.

So in the pick less.

So in the BP, it’ll be fine.

But in terms of the markets, right, that’s the BP will have no bearing on what happens with stocks tomorrow.

I am fairly confident whoever it is, you’re 1000% right that it won’t affect that.

Absolutely.

Right.