Amazon set to report Q2 earnings

Andy Jassy, CEO Amazon Web Services, speaks at the WSJD Live conference in Laguna Beach, California, October 25, 2016. Mike Blake | Reuters Amazon is set to announce its second-quarter earnings after the bell on Thursday. Here’s what Wall Street is expecting: Earnings: $12.30 per share, according to analysts surveyed by Refinitiv Revenue: $115.2 billion, … Read more

The U.S. economy is bigger than it was pre-pandemic, but Covid could still decide what happens next

A worker hoists a flight chain at the Calder Brothers’ facility in Taylors, South Carolina, U.S., July 19, 2021. Brandon Granger | Calder Brothers Corporation | Reuters The U.S. economy is now larger than it was before the pandemic, but its growth rate may have peaked this year at a much slower pace than expected. … Read more

Ford is set to report results after the bell. Here’s what Wall Street expects

Ford Motor Co. CEO Jim Farley walks to speak at a news conference at the Rouge Complex in Dearborn, Michigan, September 17, 2020. Rebecca Cook | Reuters DETROIT – Ford Motor is expected Wednesday to report a slight loss for the second quarter as the semiconductor chip shortage causes significant production cuts and low vehicle … Read more

Barclays beats profit estimates and ups shareholder payments as equities, investment banking surge

Barclays and HSBC buildings are seen amid the outbreak of the coronavirus disease (COVID-19), in London, Britain October 20, 2020. Matthew Childs | Reuters LONDON — Barclays beat second-quarter profit expectations on Wednesday and boosted returns to shareholders, with its investment banking and equities businesses posting record incomes. The British lender posted a quarterly attributable … Read more

Apple’s iPhone hot streak is going to run into the global chip shortage

Apple CEO Tim Cook attends the opening of the new Apple Tower Theater retail store at Apple Tower Theatre on June 24, 2021 in Los Angeles, California. JC Olivera | Getty Images Apple reported a blowout quarter on Tuesday, driven by sales of iPhones, which were up 50% annually to $39.57 billion in sales. That … Read more

Stocks making the biggest moves after hours: Alphabet, Microsoft, Apple and more

The logo of Alphabet Inc’s Google outside the company’s office in Beijing, China, August 8, 2018. Thomas Peter | Reuters Check out the companies making headlines Tuesday after the bell:  Alphabet — Google-parent Alphabet saw its shares jump about 3% after a blowout quarterly earnings report. The technology giant reported earnings of $27.26 per share, … Read more

GE lifts full-year free cash flow target on recovery hopes

General Electric lifted its free cash flow forecast for the year on Tuesday, as a recovery in the aviation market is expected to boost demand for the U.S. conglomerate’s jet engines and spare parts. The Boston-based company said it expects 2021 free cash flow to be $3.5 billion to $5 billion, up from its prior … Read more

Elon Musk snipes at Apple twice on Tesla earnings call

Elon Musk, chief executive officer of Tesla Inc., right, departs from court for the SolarCity trial in Wilmington, Delaware, U.S., on Monday, July 12, 2021. Samuel Corum | Bloomberg | Getty Images Tesla CEO Elon Musk sniped at Silicon Valley neighbor Apple twice during a conference call to discuss Tesla earnings on Monday. Although the … Read more

What to expect as Big Oil reports second-quarter earnings

An oil pump jack operates at the Inglewood Oil Field in Culver City, California, U.S., on Sunday, July 11, 2021. Kyle Grillot | Bloomberg | Getty Images LONDON — Oil and gas majors are likely to report bumper second-quarter earnings in the coming days, energy analysts have told CNBC, following a brutal 12 months by … Read more

Earnings and the Federal Reserve are next big catalysts as stocks enter week ahead on an upswing

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 … Read more