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The week ahead in business: China GDP, Netflix earnings, 2 big tech IPOS

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Photo: Artur Widak/NurPhoto via Getty Images

China will release first quarter GDP on Wednesday.

Why it matters: Though the report's accuracy is questioned, it's still closely watched. Economists expect the Chinese economy to have expanded 6.3% on an annual basis, slower than the 6.4% in the prior quarter.

On the earnings front, look for an update on Netflix's cash burn on Tuesday. Multinational conglomerate Honeywell reports on Thursday: Its earnings generally give a good indication of the health of the market as a whole.

  • It's a shortened week for many traders, as markets around the world — including the U.S., London and even Hong Kong — are closed for Good Friday.
  • Per Reuters, this week marks "the first of four consecutive shortened trading weeks," where at least one major exchange is closed for one day.

2 big tech IPOs are coming this week: Pinterest and Zoom. Thought bubble by Axios' Dan Primack:

  • Pinterest is consumer-focused and unprofitable. There's also not anything else quite like it, and you can see an actual path to profitability.
  • Zoom is enterprise-focused, profitable and likely to be valued 7 times above its last private round. It plays in a mature videoconferencing space, but seems to do it better than its legacy peers.

Apple and Tesla will be in court this week.