Stocks to Watch, Economy, and Other Significant Events

Stocks to Watch

Today, we have several stocks that are worth keeping an eye on:

• HP (HPQ): The maker of computers and printers has trimmed its outlook for the current fiscal year.
• Hewlett Packard Enterprise (HPE): The company beat Wall Street forecasts for the most recent quarter but gave disappointing revenue guidance for the current period.
• Box (BOX): The cloud-storage company cut its revenue and earnings guidance for the year.
• Ørsted (DK:ORSTED): The Danish renewable-energy company warned of supply-chain problems and higher interest rates, which could result in a significant charge on its U.S. portfolio.

The Economy

Today, we are expecting the release of ADP's monthly employment reading and an updated assessment on economic growth in the second quarter. These reports will provide valuable insights into the state of the economy.

Other Significant Events

In addition to the stocks and economic updates, we have a few other significant events to watch:

• Costco (COST) is expected to report monthly sales.
• Salesforce (CRM), Brown-Forman (BF.B), and Victoria's Secret (VSCO) are among the companies expected to report earnings today.