The week of June 9-15 promises investors in the U.S. stock market many new drivers, Quartz writes. It will start with Apple's conference - the market will be keeping a close eye on possible AI announcements that could breathe new life into the company's growth. In the middle of the week, fresh data on a key inflation indicator will be released, which could influence the next interest rate decision by the US Federal Reserve. Quarterly reports from enterprise technology companies Adobe and Oracle are also expected. They will help to understand whether businesses are strengthening the austerity regime or are ready to weaken it;

On Monday, June 9, the Apple WWDC developer conference kicks off, and everyone who follows consumer electronics development is paying attention. This year, the stakes are higher than usual, reports CNN. A year after the company unveiled its Apple Intelligence AI system at the same confab, it still has trouble implementing it, and needs to prove it can make a name for itself in this key area - amid the success of rivals like Google or Microsoft. Apple's stock has lagged the market badly this year, and WWDC could be a turning point in terms of investor sentiment, Quartz says.

The tech giant is expected to unveil updates to its operating systems and possibly announce a long-anticipated expansion of AI features, writes Yahoo Finance. For example, there could be updates that make Apple Intelligence more accessible to third-party developers, or Google Gemini integration announced, doesn't rule out Inc.com. However, the publication is not expecting a major breakthrough: neither the company's own competitive generative AI, nor a meaningful update to Siri. 

Also on that day, representatives of the United States and China are due to meet in London on trade issues. The talks will primarily focus on exports of rare earth metals and advanced technology, Bloomberg writes. The previous round of talks unexpectedly ended with a temporary truce and the suspension of most of the increased duties, which supported positive sentiment in the markets. 

Gas station and convenience store chain Casey's General Stores, agribusiness company Calavo Growers and protective clothing maker Lakeland Industries will report quarterly results Monday. 

On Tuesday, June 10, video game store chain GameStop will release its financial results for last quarter. The company's core business continues to struggle, and investors are keeping a close eye on its performance as it implements a new cryptocurrency strategy. GameStop first invested $500 million in bitcoin in May.

Entertainment restaurant chain Dave & Buster's will also report that day - analysts will be looking for signals about the state of consumer spending, especially among younger and family customers, Quartz writes.

Also making their reports public are collaborative software development platform GitLab, food company J. M. Smucker, natural food distributor United Natural Foods, sports and travel retailer Academy Sports and Outdoors and online clothing matching service Stitch Fix.

The National Federation of Independent Business (NFIB) will release data on the May Small Business Owners Optimism Index, which will give Wall Street an idea of how confident they feel and whether they plan to hire. The index is expected to rise to 95.9 points after 95.8 the previous month, according to Yahoo Finance.

The main event on Wednesday, June 11 should be the release of the May Consumer Price Index (CPI) - just a week before the Fed has to make a new key rate decision. This time around -after several encouraging releases - the index is expected to show an acceleration amid uncertainty over Donald Trump's duties, predicts Yahoo Finance. The Wall Street consensus estimate expects overall CPI to rise at a 2.5% annualized rate - versus 2.3% in April. The April report showed the slowest price growth since February 2021. The core index (Core PCI), which excludes volatile food and energy prices, is forecast to rise 2.9% -after April's 2.8%. Monthly core CPI growth is expected to accelerate to 0.3%, up from 0.2% a month earlier.

"Duties should have a more obvious impact on goods [in May], but seasonal factors in the auto industry and moderate price increases in the services sector will limit the gains in core inflation," Bank of America economist Steven Juneau wrote in a note to clients.

On Wednesday, investors will also await the quarterly report from cloud company Oracle, whose capital expenditures are tracked by analysts as an indicator of investment in infrastructure for artificial intelligence and a marker of the outlook for the entire AI market. Last time, Oracle's revenue and earnings fell short of Wall Street's lofty expectations, and the outlook was disappointing.

Other notable companies expected to report their results on the day include lingerie and cosmetics retailer Victoria's Secret,  online pet products retailer Chewy; cybersecurity company SailPoint; and colorful accessories maker Vera Bradley.

Thursday, June 12, a report from one of the most prominent software makers, Adobe, will conclude the state of demand for enterprise technology and spending related to artificial intelligence. Wall Street analysts forecast the company's revenue to reach $5.8 billion due to continued growth in digital media and AI-based products, Quartz noted.

The quarterly results of modular upholstered furniture maker Lovesac and premium home goods brand RH will also be reported.

The Bureau of Labor Statistics will release Producer Price Index (PPI) data for May - this will give an indication of inflation at the wholesale level. Yahoo Finance cites these expectations: the index may grow by 0.3% in monthly terms against a 0.5% decline in April, while in annual terms it will add 2.4%, according to Wall Street estimates.

At the same time, a report on the number of initial jobless claims for the week ending June 7 will be released. A week earlier, it amounted to 247,000, which Quartz calls a worrying signal.

No significant quarterly reports are scheduled to be released on Friday, June 13, but markets will be keeping a close eye on the University of Michigan's preliminary report on the June consumer sentiment index. While this indicator is usually considered an afterthought, in times of economic downturns it can act as a "canary in the mine", giving early warning signals, so it may be of particular importance this time around, Quartz believes. A slight decline is expected, with Yahoo Finance forecasting the index to fall to 52 points - down from 52.2 points in May.

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