The new trading week kicks off with a long-distance trek to SINA (NASDAQ:SINA). Analysts see the Chinese new-media giant earning $0.45 a share for its latest quarter, a respectable 32% growth over the previous year's showing. However, expect analysts to also ask the company about its plans to buy -- or not to buy -- most of the advertising assets of Focus Media (NASDAQ:FMCN).

Adobe Systems (NASDAQ:ADBE) checks in on Tuesday. The maker of desktop-publishing software is expected to generate a profit of $0.44 a share for the quarter, just shy of the $0.48 a share it earned a year ago.

Big brands are on the block Wednesday, as athletic-footwear titan Nike (NYSE:NKE) and enterprise-software behemoth Oracle (NASDAQ:ORCL) come up for review. If Oracle manages to hit -- or exceed -- Wall Street's profit target of $0.32 a share, it may trigger a tech rally, since that would be an indication that Oracle is able to grow its bottom line even in this fierce environment. Oracle earned just $0.30 a share last year.

FedEx (NYSE:FDX) delivers on Thursday. The parcel-delivery juggernaut won't be as lucky as Oracle: Wall Street expects a serious tumble in profitability for this company. It's hard to imagine this business bellwether thriving in our current environment.

The week closes quietly, as it often does. If you're hungry for an earnings report to catch, check out Kirkland's (NASDAQ:KIRK). The home-decor retailer reports on its holiday quarter, which has historically been its only seasonally profitable period.

Until next week, I remain,
Rick Munarriz

Focus Media is a Motley Fool Global Gains recommendation and a Motley Fool Rule Breakers selection. FedEx and Sina are Motley Fool Stock Advisor picks. Try any of our Foolish newsletter services free for 30 days.

Longtime Fool contributor Rick Munarriz recommends windshield wiper fluid when trying to look forward. He is also part of the Rule Breakers newsletter research team, seeking out tomorrow's ultimate growth stocks a day early. He does not own shares in any of the companies in this story. The Fool has a disclosure policy.