Here are some of the notable earnings reports just released:
Facebook ($FB)
Shares of social media giant Facebook rose after the bell as the company beat expected revenue and earnings per share.
Amazon ($AMZN)
Shares of e-commerce giant Amazon rose after the bell as the company beat expected revenue and earnings per share.
Alphabet ($GOOG)
Shares of Google's parent company Alphabet rose after the bell as the company beat expected revenue and earnings per share.
Apple ($AAPL)
Shares of the iPhone maker rose after the bell as the company beat expected revenue and earnings per share.
Gilead ($GILD)
Shares of Gilead Sciences, which is working to develop a COVID-19 vaccine, fell after the bell as the company missed expected revenue and earnings per share.
Shake Shack ($SHAK)
Shares of the burger chain Shake Shack fell after the bell as the company missed expected revenue and earnings per share.
Ford ($F)
Shares of Ford fell after the bell though the automaker beat on expected revenue and earnings per share.
The Tony Awards on Sunday lured 4.85 million viewers to CBS, its largest broadcast audience in six years. CBS says Monday that Nielsen data shows the telecast — hosted by “Wicked” star Cynthia Erivo — scored a 38% increase over last year’s 3.53 million viewers. That’s the largest audience for the Tonys since 2019, when the telecast that year nabbed 5.4 million viewers and “Hadestown” was crowned best new musical. The latest version also had to compete with the second game of the NBA Finals, between the Thunder and Pacers,
After stumbling out of the starting gate in Big Tech’s pivotal race to capitalize on artificial intelligence, Apple tried to regain its footing Monday during a developers conference that focused mostly on incremental advances and cosmetic changes in its technology.
Six weeks before UnitedHealthcare CEO Brian Thompson was gunned down outside a Manhattan hotel last December, Luigi Mangione mused about rebelling against “the deadly, greed fueled health insurance cartel” and expressed that killing the executive “conveys a greedy bastard that had it coming."
Shaquille O’Neal and Allen Iverson once clashed on the court in the 2001 NBA Finals, but now the basketball legends are joining forces to revive the Reebok brand they helped make iconic.
Midea is voluntarily recalling about 1.7 million of its popular U and U+ Smart air conditioners because pooled water in the units may not drain fast enough, leading to mold growth.