A ‘We’re Hiring!’ sign is displayed at a Starbucks on Hollywood Boulevard on June 23, 2021 in Los Angeles, California. Mario Tama | Getty Images July’s strong jobs report puts the Federal Reserve on track to slow its bond purchases — if the spread of Covid doesn’t hurt the economy and hiring later in the
Stock Market
Traders work on the floor of the New York Stock Exchange (NYSE), July 21, 2021. Brendan McDermid | Reuters With fresh evidence the labor market is on the mend, investors’ focus shifts to inflation in the coming week and whether it will continue to heat up or show signs of abating. There is a series
In this article NVAX DKNG HOOD DBX SPCE YELP Billionaire entrepreneur Richard Branson prepares to spray champagne after flying with a crew in Virgin Galactic’s passenger rocket plane VSS Unity to the edge of space at Spaceport America near Truth or Consequences, New Mexico, U.S., July 11, 2021. Joe Skipper | Reuters Check out the
Check out the companies making headlines before the bell: Moderna (MRNA) – Moderna shares fell 2.4% in the premarket, despite reporting better-than-expected earnings and revenue and saying its Covid-19 vaccine is 93% effective after 6 months. Moderna earned $6.46 per share for its latest quarter, beating the $5.96 consensus estimate. Cigna (CI) – The insurance
In this article GM CVS KHC TUP HOOD ATVI Check out the companies making headlines before the bell: General Motors (GM) – General Motors missed the consensus estimate of $2.23 per share with an adjusted second-quarter profit of $1.97 per share, though revenue did top Wall Street forecasts. GM did raise its forecast for the
Take a look at some of the biggest movers in the premarket: Under Armour (UAA) – Under Armour shares jumped 4.5% in the premarket, after the athletic apparel maker beat estimates on the top and bottom lines and the company raised its full-year forecast. Under Armour reported quarterly earnings of 24 cents per share, compared
Take a look at some of the biggest movers in the premarket: Square (SQ) – The digital payments company agreed to buy Australia’s Afterpay for about $29 billion in stock, representing a roughly 30% premium for Afterpay shareholders. Square shares fell 4.8% in the premarket, but news of the deal boosted shares of U.S.-based payment
In this article AMZN TXRH GILD PG PVH HOOD In this photo illustration an Amazon logo is displayed on a smartphone with stock market percentages in the background. SOPA Images | LightRocket | Getty Images Check out the companies making headlines in midday trading. Amazon — Amazon shares fell 6.5% after the tech giant’s second-quarter
Traders on the floor of the New York Stock Exchange, June 25, 2021. Source: NYSE Friday’s jobs report could be a catalyst that helps determine whether markets are volatile or will trade like it’s the quiet dog days of August. More than a quarter of the S&P 500 report earnings in the coming week. The
In this article CPRI HOOD CAT CVX PG XOM Check out the companies making headlines before the bell: Procter & Gamble (PG) – The consumer products giant rose 1.1% in the premarket after it beat estimates by 5 cents with quarterly earnings of $1.13, while revenue beat forecasts as well. P&G did warn of continuing
In this article NOC TAP YUM TPX MRK CMCSA Check out the companies making headlines before the bell: Comcast (CMCSA) – Comcast rose 1.9% in the premarket after reporting adjusted quarterly earnings of 84 cents per share, beating the consensus estimate of 67 cents. The NBCUniversal parent also reported better-than-expected revenue, helped by a rebound
In this article MCD BA PFE SPOT SHOP-CA AAPL Check out the companies making headlines before the bell: McDonald’s (MCD) – The restaurant chain reported adjusted quarterly earnings of $2.37 per share, compared to a $2.11 consensus estimate, with revenue also topping Wall Street forecasts. U.S. same-store sales surged 25.9% while global comps were up
Take a look at some of the biggest movers in the premarket: F5 Networks (FFIV) – F5 beat estimates by 30 cents a share, with quarterly earnings of $2.76 per share. The enterprise software maker’s revenue topped analysts’ forecasts as well. F5 saw strong demand amid a continued pandemic-induced growth in digital business applications. F5
In this article TME HAS PKI LMT OTIS AMZN Check out the companies making headlines before the bell: Hasbro (HAS) – The toymaker reported adjusted quarterly earnings of $1.05 per share, well above the 47 cents consensus estimate, with revenue beating forecasts as well. Hasbro saw its film and tv-related businesses return to growth following
In this article AXP INTC SAM HON TWTR S3 Studio | Getty Images Check out the companies making headlines in midday trading. Snap — Shares of Snap soared roughly 24% after better-than-expected second-quarter earnings results. The social media company reported strong growth of users, engagement and ads. Twitter — Twitter shares gained 3.4% after reporting its fastest revenue
Traders at the New York Stock Exchange, July 20, 2021. Source: NYSE Here comes one of the biggest market weeks of the summer. First, the Federal Reserve meets Tuesday and Wednesday. While no action is expected, there could be some mention of the central bank’s possible wind down of its bond program. That could move
In this article HON TWTR INTC SAM SNAP Pedestrians walk past Skechers shoes displayed outside of a store in San Francisco, California. Getty Images Check out the companies making headlines before the bell Friday: American Express – American Express gained 3.3% after reporting quarterly earnings of $2.80 per share. That beat the consensus estimate of
In this article NTGR CROX LUV WHR ULVR-GB A customer selects bar of Dove soap, a Unilever product, at a Sainsbury’s supermarket in London, U.K. Bloomberg | Getty Images Check out the companies making headlines before the bell Thursday: Netgear – Netgear shares plummeted 14.2% after the computer equipment maker reported lower-than-expected sales and revenue
Check out the companies making headlines before the bell: Johnson & Johnson – J&J shares rose roughly 1% in the premarket after the company beat quarterly forecasts and raised its earnings outlook amid strong sales of drugs and medical devices. J&J reported adjusted quarterly earnings of $2.48 per share, beating the $2.27 consensus estimate, with revenue
Check out the companies making headlines before the bell: Travelers – The insurance company earned $3.45 per share for its second quarter, easily beating the consensus estimate of $2.39. Revenue also topped forecasts, with Travelers benefiting from higher premiums, improved investment returns and lower catastrophe losses. Nasdaq – Nasdaq shares rose 1% in the premarket after
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