Apple WWDC, Honeywell guidance and SpaceX IPO drive this week’s

Apple’s stock is poised for a test as the company rolls out its WWDC keynote on Monday, promising a conversational Siri powered by Google’s Gemini AI and a final AI update from Tim Cook before John Ternus takes the helm [2]. The stock has surged more than 20% since late March and added another 12.5% to close at $315 on Tuesday, setting high expectations that could spark a sell‑off if the announcements fall short.

Beyond Apple, the week packs several corporate catalysts. Honeywell will release guidance for its newly spun‑off Honeywell Technologies division on Monday, following the June 29 split that leaves aerospace separate [2]. The same day, the broader Honeywell group hosts an investor day, with analysts watching for whether the $6.5 billion adjusted EBIT target for 2030 proves conservative. Oracle is slated to report Wednesday evening, offering a barometer of demand for AI‑driven data‑center infrastructure, while homebuilder Lennar reports after Thursday’s close, shedding light on housing‑market health.

Tech giants Broadcom and CrowdStrike also drew attention after posting strong quarterly results earlier in the week, underscoring the market’s appetite for resilient earnings amid ongoing inflation data releases. On Friday, SpaceX will debut as the first of three “monster” IPOs expected this year, joining Anthropic— which recently withdrew a confidential filing— and the still‑unfiled OpenAI. The sheer size of the SpaceX offering, coupled with recent large‑scale equity raises like Alphabet’s $85 billion sale, fuels speculation that other hyperscalers may follow suit.

Jim Cramer warned that a flood of capital raises typically dampens buying interest, a sentiment echoed by his surprise at the market’s recent resilience [2]. With inflation numbers on the docket and high‑profile tech events shaping sentiment, investors must gauge whether the upside in Apple and other winners can offset the broader risk of abundant cash‑raising activity.

The real question this week: will Apple’s AI rollout and the looming SpaceX IPO deliver enough momentum to sustain the rally, or will inflation data and a crowded capital‑raising landscape pull the market back into caution?