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Earnings expectations, Earnings report, Earnings outlook, Revenue forecast
Next week has the potential to move the needle on Wall Street. Investors will unpack June consumer and producer price index reports, along with the unofficial kickoff of second-quarter earnings season ... Next week has the potential to move the needle on Wall Street. Investors will unpack June consumer and producer price index reports, along with the unofficial kickoff of second-quarter earnings season. Big banks will take center stage. Slated to report are Bank of America (BAC), Citigroup (C), Goldm ... Keep Reading
Schaeffer’s Midday Market Check Daily Newsletter
Stocks are higher midday Thursday, as semiconductor names surge and falling oil prices help ease renewed Middle East tensions. The S&P 500 is sporting healthy gains, while the tech-heavy Nasdaq a ... Stocks are higher midday Thursday, as semiconductor names surge and falling oil prices help ease renewed Middle East tensions. The S&P 500 is sporting healthy gains, while the tech-heavy Nasdaq and Dow Jones Industrial Average (DJI) are up over 100 points apiece. Wall Street's "fear gauge," the ... Keep Reading
PepsiCo stock, Pepsi stock, PEP stock
PepsiCo Inc (NASDAQ:PEP) stock is down 5% to trade at $135.34 this morning, after the Coca-Cola (KO) rival shared mixed second-quarter results. Earnings of $2.24 per share missed estimates, while its ... PepsiCo Inc (NASDAQ:PEP) stock is down 5% to trade at $135.34 this morning, after the Coca-Cola (KO) rival shared mixed second-quarter results. Earnings of $2.24 per share missed estimates, while its revenue exceeded expectations at $21.18 billion. The company also reaffirmed its annual guidance and ... Keep Reading
Meta Platforms stock, Meta stock, Facebook stock, FB stock
Meta Platforms Inc (NASDAQ:META) is sitting out the broader tech rally today, down 4.1% to trade at $578.19. An internal memo reviewed by Reuters indicated the company may spend up to $145 billion on ... Meta Platforms Inc (NASDAQ:META) is sitting out the broader tech rally today, down 4.1% to trade at $578.19. An internal memo reviewed by Reuters indicated the company may spend up to $145 billion on AI infrastructure this year. The aim is to double computing capacity by 2027, and plans to begin man ... Keep Reading