Text size The second-quarter earnings season speeds up this week, with 78 S&P 500 companies on deck to report. Halliburton and IBM publish their results first on Monday, followed by Coca-Cola, Lockheed Martin, Texas Instruments and United Airlines on Tuesday. Tesla, Microsoft and Chipotle Mexican Grill are the best moments …
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A version of this story first appeared in the CNN Business newsletter ‘Before the Bell’. Not a subscriber? You can register here. The big question on Wall Street: Does the high-tech index, fueled by spectacular stock gains for Amazon (AMZN), Apple (AAPL) and Microsoft (MSFT) – shot too high, too …
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With Microsoft shares (MSFT) now above $ 200, and its market capitalization above $ 1.5 trillion, it is safe to assume that many investors expect strong numbers to be shared on Wednesday. Currently, the consensus among analysts surveyed by FactSet is for Microsoft to post June quarter (fiscal fourth quarter) …
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The tyranny of gigantic tech stocks, which has supported the US equity market since March, had a major impact this week. For months, the most valued e-commerce and technology companies have staged an almost unrelenting rally during a public health crisis that has caused tremendous pain in the national and …
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Text size Peter Foley / Bloomberg Bigger banks have reported profits, and investors can be forgiven if they are unsure where the opportunities are now. The answer may lie in how much uncertainty they are willing to accept. Analysts warned that the quarter would be “sloppy” and “confusing,” and banks …
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