Q2

It’s a shopping extravaganza this week as retailers line up to report.  The fun starts tomorrow when Walmart (NYSE: WMT) steps to the plate. Before that, the focus this morning appears to be on the Fed, China, and Afghanistan. Data showed the Chinese economy growing a little...

On Wednesday, Lordstown Motors Corporation (NASDAQ: RIDE) reported a second-quarter loss, confirming it will begin limited production of its Endurance pickup truck by the end of September. Shares rose 4.7% in after-hours trading. Q2 Figures The second quarter resulted in a loss exceeding $108...

Although the parks alone are not yet profitable, the parks, experiences and products segment returned to profitability for the first time since the Covid pandemic began for Walt Disney Company (NYSE: DIS) who is finally recovering from an invisible enemy that crushed its perfectly exposed business...

After strong earnings reports from tech and banks, Walmart (NYSE: WMT), Home Depot (NYSE: HD), La-Z-Boy (NYSE: LZB), Target (NYSE: TGT), Bath & Body Works (NYSE: BBWI), Macy's (NYSE: M), and Foot Locker (NYSE: FL) are taking center stage this week. Major US retailers will reveal how is...

Despite losing $509 million, Uber Technologies Inc (NASDAQ: UBER) topped top and bottom-line estimates for its second quarter, confirming it is well on its way to reaching EBITDA profitability by the end of the year. Q2 Figures Revenue amounted to $3.93 billion, exceeding Refinitiv estimate of $3....

If there was ever a time when Walt Disney (NYSE: DIS) needed a happy ending to a rough 12 months, it might be now. But this fairy tale isn’t over quite yet. There doesn’t seem to be enough magic in the world to totally do away with the pandemic that blew the park earnings...

Whoever thought up the expression “dog days of summer” probably had mornings like this in mind.  Looking around for news, it’s hard to find much. And U.S. markets didn’t move very far overnight. European trading hasn’t provided a lot of direction, either, though...

With over 87% of S&P 500 companies already having beaten revenue and profit expectations, we're in for another round of Q2 corporate earnings, along with key jobs and inflation data. Monday Before the opening bell, BioNTech SE (NASDAQ: BNTX), Dish Network Corporation (NASDAQ: DISH),...

A 26% gain in revenues helped boost BNSF's net profits in the second quarter of 2021. BNSF's revenues in the second quarter were $5.8 billion, compared with $4.6 billion in the first quarter of 2021, BNSF said Monday. Net income was $1.5 billion in the second quarter, a 34% increase from $1.1...

The week begins with Wall Street vacillating between signs of an improving economy and worries about the Delta variant.  This morning, the bias seems to be a bit lower. Maybe that’s in part because of a sharp decline in crude prices to the lowest level since May, below $66 a barrel....

On Sunday, the world's largest oil exporter Saudi Aramco reported that its net profit rose to $25.5 billion in the second quarter of the year, compared to $6.6 billion in the same quarter of 2020, with the global easing of COVID-19 restrictions, Reuters reports.  The...

German transport and logistics giant Deutsche Post DHL on Thursday reported a 22% second-quarter gain in revenue, and confirmed its medium-term earnings guidance that had been raised last month. The gains were fueled by the company's DHL Express unit, which reported a 30% gain in year-over-year...

Uber stock was up about 2.5% in early trading on Thursday, just hours after a pullback following the company's Q2 earnings release. Uber missed on analyst estimates for both revenue and EPS, due in part to driver shortages in its ride-hailing business, while rival Lyft reported a huge quarter — but...

Trimble Navigation Ltd. on Wednesday reported second-quarter revenue of $945 million, a 29% increase compared to the same period last year. The company posted quarterly earnings of 72 cents per share on a net income of $138.9 million. Trimble topped analysts' estimates for the second quarter,...

There's no beating around the bush- the streaming space has gotten crowded with many options Roku Inc's (NASDAQ: ROKU) to pick from nowadays besides Netflix (NASDAQ: NFLX). The Emmy's provided another piece of evidence as The Walt Disney Company's (NYSE: DIS) Disney Plus won 71...