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Apple Avoids Layoffs, Dogecoin Surges, South America Does A Eurozone And More: 5 Key Stories You May Have Missed From The Weekend
Monday, January 23, 2023 - 8:57am | 718As the fourth-quarter reporting season starts in earnest this week, chatter over the weekend focused on its impact on the fledgling recovery seen in the market. Discussions also centered around the odds of a recession materializing and the likely monetary policy stance of the Federal Reserve when...
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Is Inflation Tamed? S&P 500 Kicks Off Year Optimistically, But Still Bumps In The Road For Tesla
Friday, January 6, 2023 - 5:14pm | 722The S&P 500 traded higher in the opening week of 2023 on optimism the Federal Reserve is making progress on taming inflation. On Friday, the Labor Department reported the U.S. economy added 223,000 jobs in December, exceeding economist estimates of 200,000 new jobs. However, wage growth dropped...
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US Stocks In For Another Tough Day After Fed Rate Hike As Nasdaq, S&P 500 Futures Fall — Roku, Qualcomm Plunge On Earnings Disappointment
Thursday, November 3, 2022 - 7:12am | 1359The U.S. index futures are pointing to a lackluster start on Wall Street Thursday, as rate worries linger. On Wednesday, the major averages experienced a bout of volatility in the aftermath of the Fed decision and closed notably lower. The market showed tentativeness in the run up to the Fed...
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Jittery Day For US Market? S&P 500, Dow Futures Retreat Ahead Of Big Earnings Day, Consumer Confidence Data — Tesla, Microsoft, Alphabet, Chinese Stocks In Focus
Tuesday, October 25, 2022 - 6:57am | 1230The major U.S. index futures were pointing to a lower opening on Tuesday ahead of some key tech earnings reports. Traders may prefer to step to the sidelines or take some profit off the tables following the recent leg-up by stocks. On Monday, stocks advanced amid hopes that ongoing earnings...
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Nasdaq, S&P 500 Futures Slip As Mixed Earnings Report, Economic Worries Keep Sentiment Subdued — Tesla, Nokia Plunge Premarket
Thursday, October 20, 2022 - 6:57am | 1068The major U.S. index futures are pointing to a mixed open on Thursday, as traders pause following a two-session rally early in the week. Mixed earnings could temper the market mood even as recession fears intensify Stocks snapped a two-session rally on Wednesday as rising bond yields stirred...
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BENZINGA TV EXCLUSIVE: Why We Should All Be Worried About This Upcoming Earnings Season
Friday, October 7, 2022 - 10:32am | 221On Thursday's (Oct. 6) episode of the "Stock Market Movers," host Mitch Hoch spoke to JoAnne Feeney, ACM, portfolio manager and partner at Advisors Capital Management, about the upcoming earnings season. Stock Market Movers is all about covering the top stock market headlines on the...
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Second Quarter Earnings Season: Consumer Discretionary Sector Holds Up Despite Recession Concerns
Tuesday, August 2, 2022 - 2:09pm | 447As we are in the heart of the earnings season, 56% of companies in the S&P 500 have reported second quarter earnings, according to FactSet. Companies are so far reporting earnings that are 3.1% above estimates, which is below the five-year average of 8.8% above estimates. Among S&P...
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How Benzinga's Users Did At Predicting Top Stock Earnings For Apple, Meta Platforms, Microsoft And More
Monday, August 1, 2022 - 11:08am | 903Last week was one of the biggest weeks for stock earnings for the quarter with several of the most valuable companies in the world reporting. Benzinga polled its Twitter Inc. (NYSE: TWTR) followers for their thoughts ahead of earnings on whether companies would either beat or miss estimates. Here...
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Why Morgan Stanley Says Second Quarter Earnings Are Critical, And Earnings Revisions Are Inevitable
Tuesday, July 5, 2022 - 4:38pm | 727With the second quarter coming to an end for the U.S. economy, there has been a noticeable decrease in interest rates, as the ten-year treasury yield fell to 2.833% on Tuesday. Slowing Growth: The S&P 500 equity risk premium has risen to 340bp, while the fair value level is estimated...
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This Week's Earnings Spotlight: Tesla, Netflix, IBM, American Express, Snap And More
Tuesday, April 19, 2022 - 2:19pm | 1091Here are the expected dates and insights into top companies' earnings reports, according to Benzinga Pro. Tuesday after-close: Spirit Airlines Inc (NYSE: SAVE) 1-Month Price action: +21.92% EPS Estimate: -1.47 Netflix Inc (NASDAQ: NFLX) 1-Month Price action: -7.21% EPS Estimate: +2.89...
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Jim Cramer's Take On Stimulus Talks, Earnings, Fastly's Stock Drop
Thursday, October 15, 2020 - 9:22am | 445On CNBC’s “Squawk Box” Thursday morning, Jim Cramer shared his thoughts on a potential stimulus deal, the drop in Fastly shares and earnings from this week. Cramer on Stimulus Deal: Shortly after Treasury Secretary Steven Mnuchin held an interview with CNBC, Jim Cramer shared his...
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Pro: Market Strength May Hinge On Earnings Season
Friday, January 11, 2019 - 5:04pm | 314U.S. stocks are for the most part far removed from their all-time highs, but several days of mostly positive performance in the major indices has investors wondering if a rebound is sustainable. Earnings Season Is Key The most important factor that will determine the fate of stocks in...
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Nike's North American Sales Have Been Rebounding, But Now Analysts Are Concerned About International
Tuesday, December 18, 2018 - 12:56pm | 868Nike (NYSE: NKE) is scheduled to report fiscal second-quarter earnings after market close on Thursday, Dec. 20. For the quarter, NKE is expected to report EPS of $0.46, flat compared to last year, on revenue of $9.17 billion, according to third-party consensus analyst estimates. Revenue is...
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Earnings Season: Your Guide To When Each Sector Reports
Monday, January 15, 2018 - 2:26pm | 806The fourth-quarter earnings season is imminent, and to capitalize on corporate financial results, knowing when sectors and companies report is key. Around the earnings season, the chatter surrounds whether the company hits, misses or exceeds expectations. This invariably triggers at least a...
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The Upcoming Earnings Problem That Could Plague Stocks
Thursday, October 12, 2017 - 4:38pm | 328The stock market faces a major headwind that could call into question the sustainability of the current bull run: 2018 earnings. Third-quarter earnings seasons is ramping up this week with many big banks on deck to report their results. Many analysts and investors aren't worried, Chad...