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Week Ahead April 12th 2021
An article by • Published May 25, 2021

Week Ahead: April 12th 2021

Second quarter earnings season begins this week with major financial services companies reporting this week. On last Saturday, April 10th, Alibaba Group (ticker: $BABA) announced it was fined a record $2.8 billion by the State Administration for Market Regulation (SAMR) of China for breaking Anti-Monopoly Law. Investors may positively react to this news early this week as there are no further repercussions expected from Chinese government. Alibaba held a conference call to discuss SAMR's decision, you can
access the transcript here
.

IPO Watch:
Coinbase, a cryptocurrency exchange platform, intends to go public
via direct listing with over $50 billion market cap

AppLovin, a mobile app growth platform, intends to
raise $2 billion at $30.7 billion market cap

Agilon Health, a health services platform, intends to
raise $1 billion at $9.7 billion market cap


Investor Events To Watch Out For:
April 12th - Nvidia (ticker: $NVDA) Investor Day
April 13th - KKR & Co (ticker: $KKR) 2021 Investor Day
April 14th - Howard Hughes Corp (ticker: $HHC) Investor Day
April 15th - Marvell Technology (ticker: $MRVL) Extraordinary Meeting on the vote of acquisition of Inphi (ticker: $IPHI)
April 16th - Tilray (ticker: $TLRY) Extraordinary Meeting on the vote of merger with Aphria (ticker: $APHA)

Key Earnings Announcements:
April 12th - Aphria (ticker: $APHA)
April 13th - Fastenal (ticker: $FAST)
April 14th - Wells Fargo (ticker: $WFC), Goldman Sachs (ticker: $GS), JPMorgan Chase (ticker: $JPM), Bed Bath & Beyond (ticker: $BBBY)
April 15th - Taiwan Semiconductor Manufacturing Co (ticker: $TSM), Bank of America (ticker: $BAC), PepsiCo (ticker: $PEP), Delta Air Lines (ticker: $DAL), Citi Group (ticker: $C)
April 16th - Morgan Stanley (ticker: $MS), PNC Group (ticker: $PNC), Bank of New York Mellon (ticker: $BK), State Street (ticker: $STT)

Major Economic Events:
April 13th - Core Inflation Rate for March 2021 on U.S. Bureau of Labor Statistics
April 15th - Retail Sales for March 2021 on U.S. Census Bureau