Schaeffer's 43rd Anniversary Stock Picks in 2024

Today's Stock Market News & Events: 5/7/2021

Today's market-moving economic data and earnings schedule

facebook X logo linkedin


Today features nonfarm payrolls, an update on the unemployment rate, and average hourly earnings. Wholesales inventories and consumer credit data is also due out.

The following companies are slated to release quarterly earnings reports today, May 7:

AMC Networks Inc. (NASDAQ:AMCX -- $45.55) operates as an entertainment company. AMC Networks will report its Q1 earnings of 2021 before the bell today.

American Axle & Manufacturing Holdings Inc. (NYSE:AXL -- $9.76) designs, engineers, and manufactures driveline and metal forming products. American Axle will report its Q1 earnings of 2021 before the bell today.

Amneal Pharmaceuticals Inc. (NYSE:AMRX -- $5.78) develops, licenses, manufactures, markets, and distributes generic and specialty pharmaceutical products. Amneal Pharmaceuticals will report its Q1 earnings of 2021 before the bell today.

Athene Holding Ltd. (NYSE:ATH -- $61.90) operates as a retirement services company. Athene Holding will report its Q1 earnings of 2021 before the bell today.

Avanos Medical Inc. (NYSE:AVNS -- $42.82) operates as a medical technology company. Avanos Medical will report its Q1 earnings of 2021 before the bell today.

Cameco Corp. (NYSE:CCJ -- $18.16) produces and sells uranium. Cameco will report its Q1 earnings of 2021 before the bell today.

Cenovus Energy Inc. (NYSE:CVE -- $7.97) develops, produces, and markets crude oil, natural gas liquids, and natural gas. Cenovus Energy will report its Q1 earnings of 2021 before the bell today.

Cigna Corp. (NYSE:CI -- $256.93) provides insurance and related products and services. Cigna will report its Q1 earnings of 2021 before the bell today.

Cinemark Holdings Inc. (NYSE:CNK -- $20.49) engages in the motion picture exhibition business. Cinemark will report its Q1 earnings of 2021 before the bell today.

Construction Partners Inc. (NASDAQ:ROAD -- $32.48) operates as a civil infrastructure company. Construction Partners will report its Q1 earnings of 2021 before the bell today.

Cronos Group Inc. (NASDAQ:CRON -- $7.62) operates as a cannabinoid company. Cronos Group will report its Q1 earnings of 2021 before the bell today.

DraftKings Inc. (NASDAQ:DKNG -- $51.89) operates as a digital sports entertainment and gaming company. DraftKings will report its Q1 earnings of 2021 before the bell today.

Elanco Animal Health Inc. (NYSE:ELAN -- $31.05) operates as an animal health company. Elanco Animal Health will report its Q1 earnings of 2021 before the bell today.

Enbridge Inc. (NYSE:ENB -- $39.79) operates as an energy infrastructure company. Enbridge will report its Q1 earnings of 2021 before the bell today.

Essent Group Ltd. (NYSE:ESNT -- $49.40) provides private mortgage insurance and reinsurance. Essent Group will report its Q1 earnings of 2021 before the bell today.

Fluor Corp. (NYSE:FLR -- $24.38) provides engineering, procurement, construction, fabrication and modularization, operation, maintenance and asset integrity, and project management services. Fluor will report its Q1 earnings of 2021 before the bell today.

Installed Building Products Inc. (NYSE:IBP -- $137.92) engages in the installation of insulation, waterproofing, fire-stopping, fireproofing, garage doors, rain gutters, window blinds, shower doors, closet shelving and mirrors, and other products. Installed Building Products will report its Q1 earnings of 2021 before the bell today.

Interface Inc. (NASDAQ:TILE -- $13.31) operates as a modular flooring company. Interface will report its Q1 earnings of 2021 before the bell today.

ITT Inc. (NYSE:ITT -- $98.17) manufactures and sells engineered critical components and customized technology solutions. ITT will report its Q1 earnings of 2021 before the bell today.

Koppers Holdings Inc. (NYSE:KOP -- $35.74) provides treated wood products, wood treatment chemicals, and carbon compounds. Koppers Holdings will report its Q1 earnings of 2021 before the bell today.

Lear Corp. (NYSE:LEA -- $192.21) designs, develops, engineers, manufactures, assembles, and supplies automotive seating, and electrical distribution systems and related components. Lear will report its Q1 earnings of 2021 before the bell today.

Lexington Realty Trust (NYSE:LXP -- $12.20) operates as a real-estate investment trust. Lexington will report its Q1 earnings of 2021 before the bell today.

Marcus & Millichap Inc. (NYSE:MMI -- $36.54) operates as an investment brokerage company. Marcus & Millichap will report its Q1 earnings of 2021 before the bell today.

MEDNAX Inc. (NYSE:MD -- $26.76) provides newborn, maternal-fetal, pediatric cardiology, and other pediatric subspecialty care services. MEDNAX will report its Q1 earnings of 2021 before the bell today.

ModivCare Inc. (NASDAQ:MODV -- $140.70) operates as a technology-enabled healthcare services company. ModivCare will report its Q1 earnings of 2021 before the bell today.

Madison Square Garden Entertainment Corp. (NYSE:MSGE -- $86.75) engages in the entertainment business. Madison Square Garden Entertainment will report its Q1 earnings of 2021 before the bell today.

MSG Networks Inc. (NYSE:MSGN -- $15.32) engages in the sports production, and content development and distribution businesses. MSG Networks will report its Q1 earnings of 2021 before the bell today.

New Fortress Energy Inc. (NASDAQ:NFE -- $40.64) operates as an integrated gas-to-power infrastructure company. New Fortress Energy will report its Q1 earnings of 2021 before the bell today.

Nikola Corp. (NASDAQ:NKLA -- $10.14) designs and manufactures battery electric and hydrogen-electric vehicles. Nikola will report its Q1 earnings of 2021 before the bell today.

Qurate Retail Inc. (NASDAQ:QRTEA -- $11.82) engages in the video and online commerce industries. Qurate Retail will report its Q1 earnings of 2021 before the bell today.

Scorpio Tankers Inc. (NYSE:STNG -- $18.01) engages in the seaborne transportation of refined petroleum products. Scorpio Tankers will report its Q1 earnings of 2021 before the bell today.

The E.W. Scripps Co. (NASDAQ:SSP -- $21.41) operates as a media enterprise through a portfolio of local and national media brands. E.W. Scripps will report its Q1 earnings of 2021 before the bell today.

Spectrum Brands Holdigns Inc. (NYSE:SPB -- $91.57) operates as a branded consumer products company. Spectrum Brands will report its Q1 earnings of 2021 before the bell today.

Spire Inc. (NYSE:SR -- $76.41) engages in the purchase, retail distribution, and sale of natural gas. Spire will report its Q1 earnings of 2021 before the bell today.

TC Energy Corp. (NYSE:TRP -- $50.78) operates as an energy infrastructure company. TC Energy will report its Q1 earnings of 2021 before the bell today.

TELUS Corp. (NYSE:TU -- $21.47) provides a range of telecommunications and information technology products and services. TELUS will report its Q1 earnings of 2021 before the bell today.

Ventas Inc. (NYSE:VTR -- $54.01) operates as a real-estate investment trust. Ventas will report its Q1 earnings of 2021 before the bell today.

Eversource Energy (NYSE:ES -- $84.33) operates as a public utility holding company. Eversource Energy will report its Q1 earnings of 2021 after the market closes today.                                             

Univar Solutions Inc. (NYSE:UNVR -- $24.29) distributes commodity and specialty chemical products, and related services. Univar Solutions will report its Q1 earnings of 2021 after the market closes today.

Looking ahead to next week, May's second week will be a relatively quiet one. It'll be a slow builder, as economic data trickles in over the course of the week, but looking ahead, investors have some job openings data to pair with more initial and continuing jobless claims. In addition, there's a Federal budget balance report due out, as well as consumer sentiment and retail sales data. The earnings docket is full as well, with Airbnb (ABNB), Alibaba (BABA), JD.com (JD), The Children's Place (PLCE), Walt Disney (DIS), and Yeti Holdings (YETI) all slated to report.

All economic dates listed here are tentative and subject to change.

 

Nvidia and its powerful chips are the face of artificial intelligence.

But while everyone’s patting Nvidia on the back for record earnings…

It’s quietly moved on to the next phase of AI it plans to conquer…

Nvidia recently unveiled essential blueprints for this crucial $1 trillion pivot.

Click here now and find out about the three companies Nvidia absolutely needs to succeed in this vital new AI frontier. (ad)
schaeffer's opening view daily market newsletter

                                                                                                   
๐Ÿš€ Try Options Under $5 Trade Alerts 
Target +150% Profit w/RT Entry&Exit

                                                                                                    

 
 

                                                                                                   
This stock is paying its highest dividend
in 15 years . . . ๐Ÿ“ˆ (c/o Investors Alley)

                                                                                                    

 


                                                                                                   
Top 10 Investment Picks Poised For
Major Upside Before 2025 ๐Ÿ’ฐ
 (FREE)

                                                                                                    

 

join schaeffer's market recap daily stock marketnewsletter

 

                                               ad                                                  
Some of Nvidia’s partners have already
surged as much as 4,744%. This is next …

                                                ad