What is the PCE index?

The Personal Consumption Expenditures (PCE) price index is the Federal Reserve's preferred inflation measure, used to assess price changes.

Will Qualcomm report earnings this week?

Qualcomm will not report quarterly results, but it will hold an investor conference to provide business details.

Why are FedEx results important?

FedEx results provide insights into the transportation and shipping sector, which is tied to consumer demand and economic activity.

Earnings Season Heats Up: Micron, FedEx, Qualcomm in Focus

Investors are gearing up for a week packed with earnings reports, including Micron, FedEx, and Qualcomm, alongside PCE inflation data. Cerebras and Carnival also report.

June 23, 2026

2 min read

Source: The Wall Street Journal

Investors are looking forward to another week of chip stock reveals. Qualcomm (QCOM) is expected to give more details about its business at its investor conference. Micron (MU), the latest trillion-dollar semiconductor company, reports earnings, as do FedEx (FDX), Cerebras and Carnival.

Key Events to Watch

Beyond Micron and Qualcomm, FedEx (FDX) will report its quarterly results, along with Cerebras and Carnival. The market will also closely monitor the release of the Personal Consumption Expenditures (PCE) price index — the Federal Reserve's preferred inflation gauge — which could influence interest rate expectations.

Context

These reports come at a critical time for markets, with investors focused on tech and transportation sector performance, as well as inflation data that may shape monetary policy. Micron and Qualcomm results will be key indicators of semiconductor demand, particularly in AI and cloud computing.

What This Means for Investors

This week offers multiple signals on macroeconomic trends and key sector health. Tracking corporate earnings and inflation data will help investors assess risks and opportunities in the coming months.

Frequently Asked Questions

The source did not specify an exact date, but Micron is expected to report this week.

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This article was rewritten in Wrqti's editorial style based on information from the original source above. Content is informational only — not investment advice.