Tesla Inc.’s second-quarter results come amid yet another massive stock recovery, which is now more expensive than shares in Google’s parent company Alphabet Inc. and other consistently profitable heavyweights. The Silicon Valley automaker is expected to report quarterly numbers next Wednesday after the bell. An analyst call will follow at …
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Text size Two analysts covering Southwest Airlines took two different tacks on the action, with one analyst raising the target price and the other lowering the equivalent of Hold. However, in the era of the coronavirus pandemic, Southwest has been one of the toughest airline stocks. Ethan Miller / Getty …
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US banking giant Goldman Sachs says it expects S&P 500 earnings per share to fall 60% in the second quarter, the biggest decline since 2009 during the financial crisis. “If realized, EPS growth in 2Q 2020 would be the weakest since 4Q 2009,” analysts said, noting that EPS fell 65% …
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What will stand in the way of market gains? Clearly, it’s not bad news about COVID-19, as investors try to see the silver lining in these uncertain times. Take this chart that shows how Arizona cases have started to flatten, by Pantheon Macroeconomics, which expects that state to respond earlier …
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Pepsi soft drinks are displayed at a convenience store in San Francisco, California. Justin Sullivan | fake pictures PepsiCo reported Monday that its quarterly revenue fell as fewer consumers bought their drinks at restaurants or convenience stores as a result of the coronavirus pandemic. The company reported growth in its …
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