Looking ahead to what could move markets next week, Cheddar News discusses what earnings to expect and explains why a Southwest Airlines executive will testify about its recent flight cancellations.

Closing Bell

Next Week On The Street: Earnings Party, Southwest Pilots Union, & More

Well, let's turn to our segment next week on the street where we take a look at the events that are sure to move markets in the week ahead. We're gonna get another pack week of earnings. The party continues giants like Chipotle, Disney, Pinterest, Activision blizzard set to report and the street closely watching the results from Disney set to report after the markets close on Wednesday analysts expecting a year on year decline and earnings on higher sales with cord cutters and advertisers paring back on media spend taking a bite out of profits. The companies earnings call will also be a big draws. It will be the first since bob Iger returned as Ceo in late november, the returning act, but other noteworthy companies reporting ridesharing, ridesharing companies Uber and lift pizza hut, Taco Bell, their owner, yum brands and even the papal um, the payment giant Paypal, which to actually has recently announced layoffs. So we'll see what other guidance that company might have to provide elsewhere. The executives at Southwest Airlines will be in our nation's capital to answer some tough questions about the recent meltdown. The company's Ceo and president of the Southwest pilots union testifying in front of the Senate to explain its holiday disaster when it canceled more than 16,000 flights, leaving millions of passengers either stranded or scrambling for another flight. The company's Ceo bob Jordan has issued multiple apologies for the chaos which was reportedly caused by a combination of bad weather and outdated technology. The head of the pilots union previously said that Southwest is using technology from the nineties that can't keep up with modern network complexity. That hearing is set for thursday february 9th.