Stock indexes in the United States were up in the premarket on Monday with the earnings season slowly heating up over the course of the week. The biggest name to report its quarterly figures today wil
Disappointing readings on GDP and inflation helped tank equities.
RTX and Lockeed Martin exceed Wall Street expectations for latest quarter amid wars in Gaza and Ukraine“Exceptionally strong” demand boosted sales at two US defense giants, the companies announced on Tuesday as geopolitical tensions flare in the Middle East and Ukraine continues to fight Russia’s invasion.RTX and Lockheed Martin exceeded Wall Street’s expectations for the latest quarter as conflicts including Israel’s war on Gaza prompted countries to bolster arms spending, both by striking new...
Investing.com-- US stock index futures edged higher Monday, recovering
The German enterprise software giant SAP reported quarter results that were a smidge ahead of Wall Street’s expectations. The stock is up in late Monday trading.
Commerce department says gross domestic product growth decelerated to 1.6% at start of year as consumers slowed spendingAmerica’s leading stock indices came under pressure on Thursday after official data revealed that US economic growth slowed sharply to its weakest rate in almost two years.But as high interest rates take their toll on the world’s largest economy, inflation continues to loom large. Continue reading
General Motors exceeded first-quarter profit and revenue estimates as its
Shares of General Motors increased by nearly 5% Tuesday morning following the announcement of better-than-expected first-quarter earnings. The automotive company also raised its full-year predictions and reported a reduction in the cost of batteries for its electric vehicles. The company announced that its earnings per share for the first quarter increased by 18.5% to $2.62, while its revenue grew nearly 8% to $43.01 billion. Analysts had predicted earnings of $2.13 per share with sales...
Asian markets mostly rose Tuesday, with hopes for earnings this week from tech titans helping to offset worries about the Federal Reserve's interest rate plans ahead of the release of key US growth and inflation data.The apparent easing of Iran-Israel tensions after the rivals launched missile attacks against each other continued to weigh on oil prices, while the yen inched slightly higher as Japan again warned authorities had the room to intervene to support the currency.Investors are a little...
The company reported fiscal-third quarter net income of $21.9 billion, or $2.94 a share, up from $18.3 billion, or $2.45 a share, in the year-earlier quarter. Analysts were modeling $2.82 a share. Revenue rose to $61.9 billion from $52.9 billion and ahead of the FactSet consensus, which was for $60
Next week’s earnings reports from some of the market’s biggest technology and growth companies could prove an important test for the U.S. stock rally, which has flagged as expectations for interest cuts fade. Tesla, Meta Platforms, Alphabet and Microsoft - all set to report next week - are part of the group of companies that had been dubbed the Magnificent Seven as they led the S&P 500 to a 24% gain last year. The companies are seen as important bellwethers due to dominant positions atop their...
↗️ United Airlines (UAL): The airline reported a jump in first-quarter revenue, boosted by [strong demand for flights](https://www.wsj.com/livecoverage/stock-market-today-earnings-04-16-2024/card/united-strikes-deals-for-airbus-jets-after-boeing-