Earnings season has come to an end for the club name, but that doesn’t mean the excitement is over. This week is packed with market-moving inflation data and two important corporate events. Apple’s Worldwide Developers Conference begins its five-day session on Monday, with Apple expected to unveil its new conversational Siri assistant that leverages Google’s powerful Gemini artificial intelligence model. CEO Tim Cook will deliver one last major AI update to Apple’s ecosystem before handing over the reins to incoming CEO John Ternas. The meeting took place amid a strong showing, with the iPhone maker’s stock price up more than 20% since the end of March. Since the stock soared more than 3% on April 30 following a near-perfect earnings report, it has climbed another 12.5% to Tuesday’s all-time high close of $315, and is within touching distance of that level heading into the week. Investor expectations are therefore high, which could trigger a sell-off if they are not fully met. Let’s take a look at what Broadcom and CrowdStrike did this week as both companies had strong quarters. Also on Monday, the club that owns Honeywell will host a 2026 guidance update for its Honeywell Technologies unit (the remaining business after Honeywell Aerospace was spun off on June 29), followed by an investor day on Thursday. Last week, we covered Honeywell Aerospace’s Investor Day on HomeStretch Wednesday and noted that the company was expected to generate at least $6.5 billion in adjusted earnings before interest, tax, and tax (EBIT) by 2030. This can be conservative as many companies tend to undervalue their commitments before becoming an independent company. Outside of the portfolio, Oracle released a report Wednesday night that provides further insight into the demand for AI data center infrastructure. Homebuilder Lennar will report after the closing bell on Thursday, providing a clue as to whether the housing market and builders are considering adding supply. On Friday, Elon Musk’s rocket company SpaceX becomes the first of three monster initial public offerings expected this year. The remaining two companies are Anthropic, which withdrew its secret IPO application last week, and OpenAI, which is expected to file documents now. With so much hype surrounding SpaceX’s IPO, it will be interesting to see how the market absorbs such a huge influx of stock. There’s no doubt that Anthropic and OpenAI are watching the market’s reaction closely, but we imagine a few hyperscalers are considering a move similar to Alphabet, which did a great job structuring and pricing its $85 billion stock sale. Last week, Jim Cramer talked about all this supply coming into the market. “You have to realize that a lot of companies are raising cash, and it’s usually not the best time to buy stock,” Jim told CNBC on Tuesday. When Jim returned Tuesday morning, he was surprised to see the stock “so low” and suggested that the news should have weighed on the stock more. Alphabet stock has only fallen about 3% this week. The May consumer price index, released on Wednesday, will be a key data point this week. The Fed tends to favor the core personal consumption expenditure (PCE) price index as a proxy for inflation, but the CPI is a close second. Economists expect headline rates to rise 4.3% annually and core rates to rise 2.9%, according to FactSet, which would remove the impact of food and energy costs, which are inherently more volatile. Due to last Friday’s employment report, the CPI may be getting a little more attention than usual. Wage inflation has moderated, making consumers feel a bit more nervous, which is only a positive in that it acts as a natural counterbalance to inflation. The number of jobs added was much higher than expected. Taken together, the probability of two rate hikes this year rises to 20%. Despite President Donald Trump’s desire to lower borrowing costs, markets have already largely ruled out the idea of cutting interest rates — and Kevin Warsh, the Fed’s nominee to lead the Fed, has only been central bank chairman for just over two weeks. The producer price index for May will be released on Thursday, and is estimated to increase by 0.6% month-on-month on the headline level and 0.3% on the core interest rate. FactSet does not provide year-over-year estimates for PPI. The PPI, which measures wholesale inflation, tracks multiple stages of the supply chain and provides insight into what price actions producers may be forced to take in the future to protect profit margins, or, conversely, whether there will be any mitigating measures that will help slow the rise in the cost of goods. Both CPI and PPI are closely monitored, but the market is always more interested in future expectations than historical data. Updates on the Iran war and oil prices are expected to influence investors’ expectations regarding future interest rate trends. If energy prices are felt to be falling, the CPI may be allowed to rise. Similarly, if negotiations with Iran deteriorate and prospects for reopening the Strait of Hormuz appear dim, sobering inflation indicators may be ignored. One week ago Monday, June 8 Before the opening bell: Campbell Soup (CPB) After the closing bell: Vail Resorts (MTN) Apple’s Worldwide Developers Conference Honeywell guidance updated Tuesday, June 9th at 10 a.m. ET: Existing Home Sales Before the bell: Academy Sports & Outdoors (ASO), United Natural Foods (UNFI), JM Smucker (SJM) After the closing bell: Casey’s General Stores (CASY), Cracker Barrel (CBRL) Honeywell 8:30 a.m. ET: Consumer Price Index Before the Bell: Chewy (CHWY), Core & Main (CNM) After the Bell: Oracle (ORCL), Stitch Fix (SFIX) Thursday, June 11, 8:30 a.m. ET Producer Price Index After the Bell: Adobe (ADBE), Lennar (LEN) Friday, June 12th SpaceX to begin trading (Jim Cramer’s Charitable Trust is long AAPL, HON, GOOGL See here for the complete list of stocks.) As a subscriber to Jim Cramer’s CNBC Investing Club, you will receive trade alerts before Jim makes a trade. 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