Airbnb, Duke Energy, Duolingo and more: 3 things to watch

Investing.com – Stocks were flat on Monday as investors prepared for Wednesday’s release of the April inflation report.

Bank stocks stabilized, but tensions continued to rise in Washington over the debt ceiling. President Joe Biden invited top lawmakers to the White House on Tuesday to iron out their differences, even though the two sides appeared far apart. Democrats want to raise the debt ceiling without conditions and are reportedly considering a temporary move that would delay a decision for several months. Republicans want spending cuts as a condition for raising the cap.

Treasury Secretary Janet Yellen said the government may run out of ways to get around the debt ceiling it reached in January as soon as June 1.

Concerns about what will happen next affect moods. The Federal Reserve next meets in June and is expected to pause interest rate increases after rapidly raising rates last year, including another quarter percentage point increase last week.

This week, investors will also see data on jobless claims and consumer sentiment, as well as more earnings reports.

Here are three things that could impact markets tomorrow:

1. Airbnb Earnings

Hosting website Airbnb Inc ( NASDAQ:ABNB ) is expected to report earnings of 20 cents per share on revenue of $1.79 billion as travel demand surges over spring break and ahead of the summer travel season.

2. Duke’s Energy

Duke Energy Corporation (NYSE:DUK) is expected to report earnings of $1.26 per share on revenue of $6.39 billion.

3. Earnings on Duolingo

Language learning app Duolingo Inc ( NASDAQ:DUOL ) is expected to report a per-share loss of 24 cents on earnings of $112.8 million.

Airbnb, Duke Energy, Duolingo and more: 3 things to watch

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