Gav Blaxberg

Big Week For Palantir And Robinhood

HOOD and PLTR lead the earnings wave, a major U.S.-China deal eases trade strain, and the week's calendar fills fast.

Robinhood & Palantir Earnings

Both Robinhood Markets, Inc. (NASDAQ:HOOD) and Palantir Technologies Inc. (NASDAQ:PLTR) head into earnings with strong year-to-date momentum… HOOD up 263% and PLTR up 193%. HOOD is expected to show high transaction volume and ad-tech momentum driving revenue growth.

Palantir is forecast to report a revenue jump of ~50% YoY (~$1.09B) for Q3, with earnings growth also expected. With a big move coming this week, volume is going to build up on LeverageShares 2x PLTR ETF (NASDAQ:PLTG).

High expectations mean risk is elevated: a miss could provoke sharp reversals, while a beat might push gains further.

Trump-China deal details

The U.S. and China reached a new deal in Busan during the Donald Trump-Xi Jinping meeting, including cutting tariffs on Chinese goods from 57% to 47%, pausing China's rare-earth export controls for one year, and resuming U.S. agricultural exports like soybeans.

This move eases trade war pressure and could improve supply-chain clarity for tech and manufacturing sectors… a positive backdrop for risk assets overall.

Earnings calendar heating up

Here's a summary of upcoming companies reporting:

Monday

  • CIFR, HIMS, PLTR

Tuesday

  • HUT, SHOP, UBER, SPOT, ALAB, MARA, AMD, ANET

Wednesday

  • U, LMND, MCD, APP, HOOD, QCOM, ARM, FTNT

Thursday

  • DDOG, VST, TTD, IREN

Friday

  • CEG, KKR, BAM

Source:

With so many reports ahead, the market is increasingly looking for earnings broadening beyond the big names… and these companies will test whether momentum holds.

Thanks for reading!

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Benzinga Disclaimer: This article is from an unpaid external contributor. It does not represent Benzinga’s reporting and has not been edited for content or accuracy.

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