U.S. Stocks to Watch This Week: Bank Earnings, ASML, Netflix & TSMC Set to Move Markets

Wall Street enters a pivotal week as earnings season shifts into high gear, with a heavyweight lineup spanning banking, healthcare, semiconductors, and streaming set to move markets.

Banking giants kick things off. JPMorgan Chase (currently trading near $336), Bank of America ($59.67), Wells Fargo ($87.16), Goldman Sachs ($1,055), and Citigroup ($140.79) all report quarterly results this week, giving investors their first real read on consumer health, loan demand, and trading revenue in the current rate environment.

With most major banks trading near multi-month highs, expectations are elevated — any disappointment on net interest income or credit provisions could trigger sharp reactions.

WELCOME BONUS - Free Share Bundle When You Invest £50! Get up to £500 cashback for investing with IG.

Invest in 15,000+ shares and ETFs. Open an account now, invest at least £50, and you’ll get a free share bundle worth between £40 and £200. T&Cs apply.

5.0

Open Account Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.

Johnson & Johnson ($256.98) reports as investors watch pharmaceutical pipeline progress and talc litigation developments, while UnitedHealth ($424.62), fresh off a rocky stretch, faces scrutiny over medical cost trends and margin guidance after a volatile 2024.

Overseas, ASML ($1,797) and Taiwan Semiconductor ($434.11) headline the chip sector. ASML’s order book and guidance on EUV lithography demand will be closely parsed for AI-driven capex signals, while TSMC’s results should offer a critical gauge of global semiconductor demand, particularly from Nvidia, Apple, and other major customers.

Netflix ($73.37) reports after a pullback from recent highs, with subscriber growth, ad-tier momentum, and content spending in focus as competition in streaming intensifies.

Rounding out the week, GE Aerospace ($359.27) — trading near record levels — updates investors on engine order backlogs and aftermarket services growth, a key bright spot in industrials this year.

Collectively, this week’s reports will test whether the market’s optimism on rate cuts, AI infrastructure spending, and consumer resilience is justified.

With major indices near record territory, earnings surprises — good or bad — from this cross-section of banking, tech, healthcare, and industrial bellwethers could set the tone for the rest of the summer trading season. Investors should brace for volatility as each report lands.