Investors are likely to be cautious ahead of Apple Inc’s (NASDAQ:AAPL) earnings next week, as well as the Federal Open Market Committee (FOMC) meeting and the US jobs report for April. These events are expected to have a significant impact on the market, and investors are closely watching how they.
Amazon.com Inc (NASDAQ:AMZN) recently reported its first-quarter earnings for 2023, surpassing Wall Street’s expectations. The company’s net sales reached $123.9 billion, up by 44% from the same quarter in the previous year. Amazon’s earnings per share (EPS) were $15.79, which was also better than the forecasted $9.54. Despite these positive.
US stock indexes rallied on Friday as strong earnings updates from Exxon and Intel offset concerns over Amazon’s warning of a slowdown. The S&P 500 rose by 0.7% to close at 4,211.47, while the Dow Jones Industrial Average gained 0.7% to end at 34,043.49. The tech-heavy Nasdaq Composite also rose.
Amazon (NASDAQ:AMZN) shares experienced a sharp drop of over 2% in after-hours trading on Thursday, 28th April, reversing earlier gains. This followed the company’s announcement of first-quarter financial results, which showed a significant increase in revenue and profit. However, investors appeared to focus on concerns over rising costs and uncertainty.
Futures of major indices, including the Dow, S&P 500, and Nasdaq, declined in early morning trading on April 28, 2023. By 05:23 ET (09:23 GMT), the Dow futures contract was down 168 points or 0.50%, S&P 500 futures traded 20 points or 0.49% lower, and Nasdaq 100 futures fell 51.
First Solar, the American solar module manufacturer, reported its first-quarter earnings for 2023 on Friday, April 28, 2023. The company’s earnings per share (EPS) were $0.40 on revenue of $548 million, which missed the analyst consensus of $1.01 per share on revenue of $716.79 million. The solar module manufacturer blamed.
First Republic, a regional lender, has been in talks with US officials and the private sector to rescue the company from its current financial situation. Wall Street banks have been attempting to find a solution for the lender after the collapse of two regional lenders in the previous month, which.
Introduction Bristol-Myers Squibb, a leading global biopharmaceutical company, recently released its first quarter 2023 earnings report, which showed better-than-expected results. The company’s earnings per share (EPS) of $2.05 exceeded the analyst estimate of $1.97, while revenue for the quarter came in at $11.3B, slightly below the consensus estimate of $11.49B..
American Airlines (NASDAQ: AAL) has reported its first quarter earnings for 2023, surpassing analyst estimates with earnings per share (EPS) of $0.05. This was $0.01 higher than the expected EPS of $0.04. The company’s revenue for the quarter came in at $12.2 billion, slightly lower than the consensus estimate of.
Altria, the tobacco giant, has released its earnings report for the first quarter of 2023. The company reported earnings per share (EPS) of $1.18, which is $0.01 less than the analyst estimate of $1.19. However, the company’s revenue for the quarter came in at $4.76 billion, slightly better than the.
Introduction: Linde, the world’s largest industrial gases company, has raised the top end of its 2023 earnings guidance on the back of higher pricing and continued productivity initiatives across all its businesses. The company reported strong sales growth in the Americas, which accounted for nearly a third of its revenue.
US stock markets are set to open in a mixed fashion on Tuesday, with the tech-heavy Nasdaq expected to outperform the Dow and S&P 500. This comes after positive quarterly earnings reports from tech giants Microsoft and Alphabet. At 07:00 ET (11:00 GMT), the Dow futures contract was down 20.