Earnings Watch: Week of August 2, 2026

The earnings calendar

As we head into the first week of August 2026, the corporate earnings calendar features several highly anticipated reports across technology, software, consumer retail, and digital assets. The upcoming schedule is as follows:

• Tuesday, August 4, 2026:
  • $MCD (Before market open)
  • $AMD (After market close)
• Wednesday, August 5, 2026:
  • $SHOP (Before market open)
  • $APP (After market close)
  • $IONQ (After market close)
• Thursday, August 6, 2026:
  • $DDOG (Before market open)
  • $MARA (After market close)
  • $NET (After market close)

Names already on Whalor's radar

While none of the upcoming earnings reporters have direct historical setups in the recent Whalor context, several highly correlated assets and major indices are on the radar. Recent setups include semiconductor and tech-adjacent names like $NVDA (Bullish opening_drive_continuation with $195 CALLs expiring 2026-08-03) and $INTC (Bearish midday_range_breakdown_context with $90 PUTs expiring 2026-08-03). Additionally, broad market setups in $SPY, $QQQ, and $IWM—such as the $SPY $741 Bullish failed_breakout_breakdown_trap and the $QQQ $690 Bullish vwap_reclaim_rejection—will likely experience heightened volatility due to the macro ripple effects of reports from $AMD, $SHOP, and $NET.

It is vital to distinguish a prior chart setup from an earnings prediction. Whalor's technical setups focus on structured, short-term price action—such as reclaiming VWAP, identifying EMA pullbacks, or trading double bottom reversals. These setups identify immediate intraday momentum and local support or resistance levels based on historical data. They are not predictive tools for binary corporate events. Trading an earnings release based purely on a pre-earnings chart setup introduces extreme risk, as the fundamental news flow completely overrides previous technical patterns.

Risk checklist

Before trading or holding positions through these corporate releases, market participants must understand how earnings events fundamentally alter market dynamics:

• Implied Volatility (IV) Crush: Option pricing is heavily influenced by IV, which typically swells ahead of earnings to price in uncertainty. Once the numbers are released, IV drops sharply. This "IV crush" can rapidly deflate option premiums, causing long option positions to lose value even if the underlying stock moves in the anticipated direction.
• Gap Risk: Because these companies report either "before" or "after" regular trading hours, the stock price will gap when the market opens. This prevents standard intraday stop-loss orders from executing at your desired price, potentially leading to losses far exceeding expectations.
• Widening Spreads: During after-hours sessions and the opening minutes of the regular session post-earnings, liquidity can dry up. This leads to wider bid-ask spreads, making it expensive to enter or exit positions.

Disclaimer: This outlook is for educational purposes only and does not constitute financial advice.

Confirmed report schedule

• $AMD: 2026-08-04 (after)
• $MCD: 2026-08-04 (before)
• $APP: 2026-08-05 (after)
• $IONQ: 2026-08-05 (after)
• $SHOP: 2026-08-05 (before)
• $DDOG: 2026-08-06 (before)
• $MARA: 2026-08-06 (after)
• $NET: 2026-08-06 (after)