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Week ahead on Wall Street

Video Credit: Reuters Studio - Duration: 00:55s - Published < > Embed
Week ahead on Wall Street

Week ahead on Wall Street

Investors will get an update on Tesla from CEO Elon Musk and get the latest read on inflation.

Fred Katayama has the preview of the week ahead on Wall Street.


Week ahead on Wall Street

Here's what to look for in the week ahead on Wall Street: Tesla holds its annual shareholder meeting on Tuesday, where CEO Elon Musk will give an update on the electric vehicle maker.

All eyes will be on its deliveries forecast.

Its hard hit shares rebounded 10 percent this week as the blog Electrek reported that Tesla has delivered 33,000 vehicles in North America so far in the second quarter.

In corporate earnings, look for yoga pants maker Lululemon to report rising quarterly profit on Thursday.

Investors hope to hear more about the company's international expansion plans and its push towards menswear.

Investors will also get more data on inflation.

On Tuesday, the Labor Department is expected to report that producer prices edged up 0.1 percent in May, slowing slightly from April.

The following day, we'll get the latest read on consumer prices.

The CPI is expected to increase 0.1 percent in May, adding onto April's 0.3 percent gain.

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