Uber is scheduled to report second-quarter figures on Thursday, revealing whether its surging Eats business can offset a slowdown in rideshare activity. The company is also set to update investors on its July acquisition of food-delivery firm Postmates. Analysts largely expect Uber Eats to double over the quarter, and the […]
Facebook will release second-quarter figures after markets close on Thursday, giving investors an update to how it’s fared throughout the coronavirus pandemic. The social media giant’s stock sits just off of record highs after investors propped up mega-caps through the market’s months-long upswing. Most analysts are focused on a recent […]
Apple is scheduled to release its fiscal third-quarter figures on Thursday, and analysts largely expect sales and profits to land above expectations. Yet several firms are more interested in whether Apple will issue an official forecast for its September quarter and upcoming iPhone release. Here’s what five analysts expect when […]
Wall Street is mixed on Apple’s upcoming fiscal second quarter earnings report, which will be released Thursday after market close. The earnings report will give a glimpse into how hard Apple’s iPhone sales were hit amid the coronavirus pandemic, as its supply chain and demand for its products were impacted […]
Apple shares sit just below record highs after an 86% gain in 2019, and JPMorgan analysts say investors should “reduce risk” heading into the company’s Tuesday earnings report. The consensus forecast is for the tech giant to beat profit estimates in its fiscal first-quarter report, but the “high bar of […]
Netflix’s third-quarter earnings report is going to be critical for the company to prove to investors it can weather the onslaught of streaming competitors set to flood the space in the coming months. The streaming giant has lost more than 20% of its market value since it reported its first […]
Sentiment towards specific stocks is going to matter more than usual during third-quarter earnings season as economic and geopolitical uncertainties mount, according to BTIG. Companies with (1) positive consensus earnings forecasts and (2) a history of beating estimates in previous quarters are likely to outperform the market, the firm said. […]
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