Next week's earnings and economic calendar will focus attention on developments at SpaceX, Tesla and Meta, as well as NVIDIA-related events. Disco's earnings announcement on the 22nd and Fanuc's on the 23rd are reportedly expected to help assess demand for semiconductor manufacturing equipment and industrial robots.
Attention is expected to focus next week on the earnings and economic calendar for 10/19 through 10/23, with earnings announcements from SpaceX, Tesla and Meta, as well as AI semiconductor- and infrastructure-related companies, scheduled. Interest is also expected in developments at GTC, NVIDIA's Berlin event.
In the outlook for the Tokyo market, the Nikkei 225 is expected to test a recovery centered around ¥65,000, with dip-buying likely after the sharp decline as prices adjust within a range. USD/JPY is expected to remain range-bound mainly in the ¥157–¥159 area, while caution over government and Bank of Japan intervention around ¥159 could cap gains.
Disco (6146.JP) on the 22nd and Fanuc (6954.JP) on the 23rd are said to be tests of demand for semiconductor manufacturing equipment and industrial robots. If AI stocks do not strengthen their rebound, some market participants say funds could continue shifting into domestic-demand, defensive and entertainment stocks. Views that AI-related credit concerns remain strong were also reported.