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TheValueTrader.
Technical Analyst  ·  Investor
Week Ahead
June 1–5, 2026
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Key Events & Earnings Calendar

NFP week meets a blockbuster earnings slate — AVGO, CRWD, PANW, DG and more. ECB decision also in focus for EUR traders.
Week at a Glance
Week Highlight
NFP Friday
May Jobs Report — biggest macro print of the week. Unemployment + wage growth.
Central Bank
ECB Thu
Rate cut expected. Lagarde presser drives EUR/USD direction.
Earnings Focus
AVGO + CRWD
Both Wed AMC. AI semis & cybersecurity — key reads for the sector.
PMI Prints
ISM x2
Manufacturing Mon + Services Wed. Tariff impact read. Beige Book also Wed.
Editor's Note — Most Important Day
Wednesday June 3 is the highest-risk single session
ADP Employment (08:15), ISM Services PMI (10:00), Fed Beige Book (14:00), then AVGO + CRWD + VEEV all report after the close. The combination of macro data and three major earnings in one evening makes this the week's most concentrated risk event. Position accordingly before Wednesday close.
Day-by-Day Economic Calendar
High Impact
Medium
Low
Earnings
Monday
Jun 1
3 events
10:00 ET  ·  HIGH
ISM Manufacturing PMI
May. Sub-50 = contraction. Tariff impact read.
10:00 ET  ·  MED
Construction Spending
April. Rates sensitivity indicator.
AMC  ·  Earnings
HPE — Hewlett Packard Enterprise
AI infrastructure spend read.
Tuesday
Jun 2
5 events
10:00 ET  ·  HIGH
JOLTS Job Openings
April. Labor market health check pre-NFP.
10:00 ET  ·  MED
Factory Orders
April. Industrial demand forward indicator.
BMO  ·  Earnings
DG — Dollar General
Q1 FY26. Consumer spending bellwether.
AMC  ·  Earnings
PANW — Palo Alto Networks
Cybersecurity. AI-driven demand theme.
AMC  ·  Earnings
ULTA — Ulta Beauty
Discretionary consumer health.
Wednesday
Jun 3
6 events ★
08:15 ET  ·  HIGH
ADP Employment Change
May private payrolls. NFP preview — markets move.
10:00 ET  ·  HIGH
ISM Services PMI
May. 75% of US economy. Critical inflation input.
14:00 ET  ·  MED
Fed Beige Book
Regional anecdotal — tariff impact on ground.
AMC  ·  Earnings ★
AVGO — Broadcom
Q2 FY26. THE earnings event of the week.
AMC  ·  Earnings
CRWD — CrowdStrike
Q1 FY27. Cybersecurity + AI platform.
AMC  ·  Earnings
VEEV — Veeva Systems
Q1 FY27. Life sciences SaaS.
Thursday
Jun 4
4 events
All Day  ·  HIGH
ECB Rate Decision
Cut expected. Lagarde presser drives EUR/USD.
08:30 ET  ·  HIGH
Initial Jobless Claims
Weekly. Trending higher = Fed dovish pressure.
08:30 ET  ·  MED
Trade Balance
April. Tariff-distorted import data expected.
AMC  ·  Earnings
MDT — Medtronic
Medical devices. Defensive sector.
Friday
Jun 5
4 events ★
08:30 ET  ·  HIGH ★
Nonfarm Payrolls (NFP)
May jobs. WEEK HIGHLIGHT. Fed rate path driver.
08:30 ET  ·  HIGH
Unemployment Rate
May. Trending to 4.3%? Dual mandate focus.
08:30 ET  ·  HIGH
Avg. Hourly Earnings
Wage growth = key inflation signal.
BMO  ·  Earnings
COST — Costco
May comparable sales. Tariff pricing read.
Earnings Spotlight
AVGO
Broadcom Inc.  ·  Wed AMC  ·  Q2 FY2026
EPS Est.$2.39 (+51.3% YoY)
Revenue Est.$22.08B (+47.2% YoY)
AI Revenue Guide~$10.7B (+140% YoY)
Analyst ConsensusStrong Buy 44/47
PT Susquehanna$490 (raised)
Highest Importance
CRWD
CrowdStrike  ·  Wed AMC  ·  Q1 FY2027
EPS Est.~$0.93–0.95
Revenue Est.~$1.10–1.15B
Last Quarter$0.73 (beat $0.66)
Post last rpt.+59% since Q4
Key WatchARR growth + AI platform
High Importance
PANW
Palo Alto Networks  ·  Tue AMC  ·  Q3 FY2026
SectorCybersecurity
Key WatchPlatformization + RPO
TrendEpic month-long run
NoteRuns alongside CRWD
ThemeAI-driven security demand
Medium-High
DG
Dollar General  ·  Tue BMO  ·  Q1 FY2026
EPS Est.$1.88 (+5.6% YoY)
Revenue Est.$10.81B (+3.6% YoY)
YTD−16.5%
Peer DLTR+17.9% last week
WatchLow-income consumer stress
Consumer Bellwether
VEEV
Veeva Systems  ·  Wed AMC  ·  Q1 FY2027
Last EPS$2.06 (beat $1.94)
Recent WinKindeva Quality Cloud
AcquisitionOstro — $100M
AnalystTruist Buy · PT $262
SectorLife Sciences SaaS
Sector Watch
COST
Costco Wholesale  ·  Fri BMO  ·  May Sales
Report TypeMonthly comp sales
Key WatchTariff pass-through pricing
MembershipRenewal rates + new adds
SignalBulk buying = recession hedge
SectorConsumer Staples
Consumer Staples
Key Themes & What to Watch
Macro Theme #1
NFP + Labor Market — Fed Rate Path
May jobs report on Friday is the week's dominant macro event. Markets expect ~110K jobs, unemployment ticking to 4.3%. A soft print accelerates Fed cut bets. Wage data equally critical — ADP Wednesday provides the first read.
High Impact
Macro Theme #2
ECB Decision — EUR/USD Direction
Rate cut expected Thursday. Focus shifts entirely to Lagarde's press conference language and forward guidance. EUR/USD pressing resistance at 1.1400. Dovish surprise = break lower; hawkish tone risks a squeeze higher.
Watch Carefully
Earnings Theme
AI Semis + Cybersecurity Double-Header
Wednesday AMC delivers AVGO ($22B guide, $10.7B AI revenue) + CRWD + VEEV. AVGO's AI revenue print and FY guidance sets tone for the entire semis complex — NVDA, AMD, and the broader AI trade will react.
Critical Watch
Sector Watch
ISM Services + Beige Book — Tariff Impact
Wednesday ISM Services PMI and Fed Beige Book give the clearest anecdotal picture of tariff impact on the real economy. Any contraction below 50 in services would be a serious stagflation signal.
Monitor
Consumer Watch
Dollar General — Low-Income Consumer
DG reports Tuesday BMO. YTD −16.5%, expectations muted. Key: same-store sales, shrink commentary, guidance. DLTR's +17.9% pop last week sets a high bar. CEO change and Amazon/Walmart competition remain overhangs.
Contrarian Signal
Geopolitical
Trade + Iran Negotiations Backdrop
Iran deal negotiations remain a background variable for energy prices and risk appetite. Dell's +30% surge on AI server demand reinforces the infrastructure super-cycle narrative heading into AVGO's print. Watch crude as sentiment proxy.
Background Risk
Full Earnings Calendar — June 1–5, 2026
Monday & Tuesday
HPE
Hewlett Packard Enterprise
AMC
Mon Jun 1
DG
Dollar General Corp.
BMO
Tue Jun 2
PANW
Palo Alto Networks
AMC
Tue Jun 2
ULTA
Ulta Beauty
AMC
Tue Jun 2
M
Macy's Inc.
BMO
Tue Jun 2
Wednesday – Friday
AVGO
Broadcom Inc.
AMC
Wed Jun 3
CRWD
CrowdStrike Holdings
AMC
Wed Jun 3
VEEV
Veeva Systems Inc.
AMC
Wed Jun 3
MDT
Medtronic plc
AMC
Thu Jun 4
COST
Costco Wholesale Corp.
BMO
Fri Jun 5
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Weekly Dashboard  ·  May 30, 2026