Jim Cramer, the host of CNBC's "Mad Money," has outlined the key events that investors should keep an eye on in the upcoming week.
What Happened: Cramer highlighted the significant events scheduled for the week, including earnings reports from $Apple (AAPL.US)$, $Amazon (AMZN.US)$, and $Eli Lilly and Co (LLY.US)$, reported CNBC on Friday.
He also spoke about the importance of the Federal Reserve meeting on Wednesday and the employment figures from the Department of Labor on Friday.
The Mad Money host expressed his concerns about the economy, stating, "We have to run such a ridiculous gauntlet next week that I have no idea how it'll play out." Adding, "But I do think the economy's getting weaker — I just hope the Federal Reserve has noticed."
On Monday, $SoFi Technologies (SOFI.US)$ and $Domino's Pizza (DPZ.US)$ will report their earnings. Tuesday will see reports from Eli Lilly, $McDonald's (MCD.US)$, Amazon, and $Starbucks (SBUX.US)$. Wednesday will feature reports from $CVS Health (CVS.US)$, $Pfizer (PFE.US)$, $Wingstop (WING.US)$, $Carvana (CVNA.US)$, and $Marriott International (MAR.US)$, as well as the Fed's rate announcement.
Cramer said Eli Lilly's outcomes will offer clarity on the sales performance of the company's weight loss and diabetes drug, along with further details on the potential approval timeline for its Alzheimer's treatment by the Food and Drug Administration.
On Thursday, Apple is set to release its report, with Cramer highlighting significant investor skepticism toward the Big Tech firm. He pointed out that Apple's collaboration with $NVIDIA (NVDA.US)$, facilitating enterprise applications for the Vision Pro, could potentially bolster the stock.
Why It Matters: On Thursday, Cramer criticized the disproportionate coverage of Apple's struggles compared to the successes of $Alphabet-C (GOOG.US)$ and $Microsoft (MSFT.US)$. He pointed out that while Apple's challenges with antitrust regulations and declining iPhone sales in China received major attention, the remarkable quarterly results of Google and Microsoft barely made the news.
He has previously also expressed skepticism about the post-earnings rally of $Tesla (TSLA.US)$ and $Boeing (BA.US)$, stating that it "smacks of fiction not fact."
Disclaimer: This content was partially produced with the help of Benzinga Neuro and was reviewed and published by Benzinga editors.