Weekly US Earnings Estimates: 31st August - 4th September 2026: Highlights include AVGO, DELL, PANW

A thin, holiday-shortened slate typical of the week straddling the US Labour Day break, when reporting volume collapses and index-level catalysts are scarce. The weight sits with tech and semis: AVGO is the week's macro-adjacent print, and in recent cycles its guidance and AI-infrastructure commentary have tended to move the broader semi complex and the AI-capex supply chain rather than just the single name, with suppliers and peers frequently repricing on the read-through. DELL and HPE give a second angle on the same AI-server demand theme, while PANW and SNOW carry the software-side question of enterprise security and data spend; NIO remains the volatile China EV leg. Sessions around a US holiday have historically run on reduced liquidity, which can exaggerate single-stock and sector moves on prints even as index conviction stays low. The tells are the guidance rather than the quarter itself, the capex and backlog language on AI, and whether semi peers gap in sympathy.