American Express, regional banks, AutoNation: 3 things to watch

Investing.com -- Stocks were wobbling on Thursday after corporate earnings showed mixed results for the recent quarter.

Next week will feature reports from major technology companies, whose stocks have been supercharged this year on hopes for artificial intelligence and its explosive growth. Analysts expect tech giants like Microsoft (NASDAQ:MSFT) to provide further details to their AI plans and how they will drive earnings.

Banks mostly wrap up their second quarter reporting season on Friday with regional giants Comerica and Regions. Lenders have benefited from rising interest rates allowing them to make more money from loans, though the biggest banks with Wall Street-focused businesses had to overcome a slump in deal making that cut into revenue.

Next week is another big week for Fed watchers as the central bank meets to decide again on interest rates. Most expect the Fed will raise rates another quarter of a percentage point, and many will be listening for additional clues on its direction during Chair Jerome Powell's press conference on Wednesday afternoon.

After that decision is announced, two key economic reports are due out, including a reading of second quarter gross domestic product and the latest on the personal consumption expenditures index, a key inflation measure. Both reports come out late next week.

Here are three things that could affect markets tomorrow:

1. American Express

Card giant American Express Company (NYSE:AXP) is expected to report earnings per share of $2.81 on revenue of $15.4 billion.

2. Regional banks

Comerica Inc (NYSE:CMA) is expected to report earnings per share of $1.86 on revenue of $904 million, while Regions Financial Corporation (NYSE:RF) is expected to report earnings per share of 59 cents on revenue of $1.9B.

3. AutoNation earnings

AutoNation Inc (NYSE:AN) is expected to report earnings per share of $5.84 on revenue of $6.7B.

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