The Day Ahead is an email and PDF publication that includes the day's major stories and events, analyses and other features. To receive The Day Ahead, Workspace/Eikon users can register at DAY/US. Thomson One users can register at RT/DAY/US. All times in ET/GMT
A flurry of Federal Reserve officials are scheduled to speak through the day. Federal Reserve Board Governor Michael Barr is set to participate in a virtual "Community Development" discussion hosted by Fed Communities. (1100/1600) Meanwhile, New York Fed's John Williams is expected to give a lecture on "The Natural Rate of Interest" before an event organized by the Goethe University Institute for Monetary and Financial Stability (IMFS). (1100/1600) Separately, Cleveland Fed President Beth Hammack will speak before an Economic Club of New York webinar. (1200/1700) Furthermore, Fed Board Governor Christopher Waller is due to participate in the Bank of Canada 2025 Annual Economic Conference. (1530/2030) Also, Philadelphia Fed President Anna Paulson is scheduled to speak on "The Federal Reserve Bank of Philadelphia's Consumer Finance Institute" before the "New Perspectives on Consumer Behavior in Credit and Payments Markets Conference – 2025" hosted by the Federal Reserve Bank of Philadelphia. (1630 /2130) Lastly, St. Louis Fed President Alberto Musalem is expected to speak on the U.S. economy and monetary policy before the Fixed Income Analysts Society, Inc. (1730/2230)
Warner Bros Discovery is expected to report a decline in third-quarter revenue, as the continued drop in linear networks weighs on overall growth.
Novavax is set to report third-quarter results before market open. Investors will look out for comments on how to revive its declining revenue base and updates to the annual outlook.
Luxury apparel brand Ralph Lauren is expected to post a rise in second-quarter revenue, helped by an uptick in demand for its Polo shirts and cable-knit sweaters. Investors will look out for comments on the impact of tariffs on consumer sentiment, pricing, input costs as well as annual forecasts.
Kenvue is set to report its third-quarter results before markets open. The focus is on the company's quarterly sales in its core businesses and updates around its ongoing strategic review, permanent CEO search and litigation issues. Any commentary around Tylenol demand will also be keenly watched.
ConocoPhillips is expected to report lower third-quarter profit, hurt by weaker crude prices. Higher production following its Marathon Oil acquisition is likely to offset some of the decline. Investors will watch for updates on the company's plans to cut debt and costs as it restructures, including through non-core asset sales and job reductions.
Tapestry is expected to post a rise in first-quarter revenue, helped by robust demand for its popular Coach handbags. Investors will watch out for the company's expectations for the holiday quarter.
Sportswear maker Under Armour is expected to post a decline in second-quarter revenue, hurt by weaker demand for its products. Investors will look for comments on demand, the impact of rising competition, cost-saving measures and annual forecasts.
News Corp is expected to experience a decline of 17% in first-quarter revenue, due to a sharp drop in advertising revenue.
Air Products will report its fourth quarter results before markets open. Analysts expect the company to report adjusted profit of $3.38 per share.
NRG Energy is expected to post adjusted profit of $2.10 per share for the third quarter, according to data compiled by LSEG. Investors will look out for comments on power demand requests from data centers and any capital expenditure news, as power demand is expected to increase in the coming two years.
Canadian Natural Resources will report its third-quarter results before the market opens. Analysts expect the company to report an adjusted profit of 85 Canadian cents per share for the quarter ended September 30.
On the economic front in Canada, the Richard Ivey School of Business will release the country's PMI data for October.
In Mexico, Banco de Mexico is expected to cut the interest rate by 25 basis points from 7.50%.
(Compiled by Kumar Satyam; Edited by Vijay Kishore)
((Kumar.Satyam@thomsonreuters.com;))