Market Pulse - Usa
Microsoft delivers better than expected results, cloud sales stay strong
Microsoft delivered better than expected quarterly profits and sales on the back of another strong showing for its 'cloud' business.
Apple posts bumper sales growth, but component shortages set to impact on Q3
Apple soundly beat earnings estimates on the Street on the back of bumper sales of its iconic iPhones, but put a damper on things by guiding lower for the next quarter.
Boeing posts massive second quarter earnings beat
Boeing was among the top gainers on Wall Street on Thursday after the aerospace giant blew past the Street's estimates with a surprise profit.
Fed surprises, says more progress has been made towards start of 'tapering'
The US central bank dropped a small hint that policymakers had come a bit further down the path towards announcing the start of tapering its purchases of government debt.
US close: Stocks weaker as earnings season rolls on
Wall Street stocks finished in the red on Tuesday, as market participants digested earnings from some of the nation's biggest firms and held their breath ahead of a flurry of tech results after the close.
US visible trade deficit rises in June due to petroleum imports
America's shortfall on trade in goods with the rest of the world continued widening last month.
Spotify posts better than expected Q2 loss, MAU growth falls short of guidance
Streaming giant Spotify posted a £24. 1m second-quarter loss on Wednesday and revealed it had failed to hit its own growth targets.
US open: Dow Jones extends losses ahead of Fed rate decision
Wall Street stocks were mixed early on Wednesday as market participants continued to digest earnings from major US firms and awaited the outcome of the Federal Reserve's latest two-day meeting later in the day.
Pfizer raises FY vaccine guidance following 'remarkable' Q2
Drugmaker Pfizer revealed on Wednesday that it had sold $7. 8bn in Covid-19 jabs during the second quarter, leading the firm to raise its 2021 full-year sales forecast for the vaccine from $26. 0bn to $33. 5bn.
US pre-open: Futures mixed ahead of earnings, Fed rate decision
Wall Street futures were mixed ahead of the open on Wednesday as market participants continued to digest earnings from major US firms and awaited the outcome of the Federal Reserve's latest two-day meeting.
Rio Tinto says free cash flow nearly quadruples in H1, some analysts unimpressed
Rio Tinto reported blow out first half numbers as the combination of government stimulus and strong demand amid constrained supply triggered a "significant" spike in most commodity prices.