CNBC Markets | May 3, 2026

Palantir Technologies Inc. and Advanced Micro Devices are ushering in the next week of corporate earnings reports, with investors closely watching both companies for signals about the health of the AI infrastructure spend and semiconductor demand.

The upcoming earnings calendar will be dominated by jobs data and corporate reports, with several notable companies scheduled to release results.

Key themes to watch:

Palantir: AI platform growth and government contract pipeline

AMD: Data center GPU competition with Nvidia

Several stocks reporting next week have earnings momentum on their side

Some stocks have a history of beating expectations

JPMorgan released its best stock ideas heading into May, and Morgan Stanley predicted Chinese stocks are about to get a big AI boost.

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