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.
Northwestern Mutual’s A.I. and money report shows that consumers want their adviser to take advantage of ‘superpowers’ granted by artificial intelligence tools.
The FDRA is a trade association that supports nearly 500 brands worldwide including Nike, Adidas, Walmart, and Target and represents over 90% of US shoe sales.
Lead Analyst at TVREV, Alan Wolk, joins Cheddar to discuss the latest in media and business news, including why business at the box office may be slowing down.
With stubborn inflation sticking at about 2.8%, there’s a chance that the Fed won’t cut rates this year. That might be the smarter choice in the long run.