Market Pulse - Usa
Johnson & Johnson lifts guidance after beating Q2 forecasts
Johnson & Johnson surpassed expectations with its second-quarter revenue and adjusted earnings on Thursday, after its medtech business experienced a surge in sales.
Existing home sales slip in June due to a lack of supply, NAR says
The pace of existing home sales was softer than expected last month, but a leading business lobby group laid the blame at the feet of insufficient supply.
Weekly U.S. jobless claims surprise to the downside again
The U. S. jobs market appeared to tighten a bit over the preceding week, hitting a two-month low in the process.
American Airlines beats Q2 estimates, hikes full-year guidance
American Airlines delivered better-than-expected second quarter earnings and hiked its full-year guidance on the back of a "strong" start to the travel season.
Supermarkets told to make pricing clearer
The UK competition watchdog has told supermarkets to make their pricing clearer, to help struggling customers better find the best deals.
US close: Stocks rise again despite some weaker earnings
US stocks finished on a positive note on Wednesday despite some fresh earnings reports from the likes of Goldman Sachs falling short of Wall Street estimates.
Goldman Sachs falls short of Wall Street's lowered Q2 expectations
Goldman Sachs Group released its second-quarter earnings on Wednesday, becoming the only one of America’s six big banks to miss profit forecasts as it fell below the lowered expectations set by Wall Street analysts.
US close: Stocks swell as bank earnings remain in focus
Equities surged on Wall Street on Tuesday, propelling the three major stock indices to levels not seen for 15 months as investors digested some key bank earnings.
US retail sales grow by less than anticipated in June
Retail sales volumes in the U. S. grew by less than expected last month.
US close: Stocks rise at start of busy week for earnings
Wall Street ended its trading session on a high note on Monday, as investors chose to overlook disappointing economic data from China ahead of a promising week of US earnings reports.
Empire State index retreats slightly in July
Factory sector activity in the jurisdiction of the Federal Reserve Bank of New York softened a tad less than expected in July.
EU to probe Microsoft's bundling of Teams with Office
Microsoft will face an official antitrust investigation by the European Union (EU) next week, it was reported on Monday, making for the software giant's first such probe in Brussels in 15 years.
US import prices were little changed in June
The cost of imported goods was little changed in June.
Consumer confidence jumps as inflation cools, jobs stable, University of Michigan says
Consumer sentiment in the U. S. hit a nearly two-year high in July, the results of a closely followed survey revealed.
JPMorgan handily beats Q2 estimates, but Dimon warns of uncertainty
J. P. Morgan second quarter results blew past analysts' estimates, even as its boss cautioned about the potential impact that "material" regulatory changes might have.
Wells Fargo beats Q2 estimates for revenues and profit
Wells Fargo posted a big rise in quarterly earnings and revenue.
BlackRock's Q2 net asset inflows fall short
BlackRock easily surpassed analysts' estimates for second quarter profits, but net inflows fell short.
US close: Stocks rise on softening producer inflation
Wall Street ended Thursday’s trading session positively, driven largely by a more restrained reading of producer price pressures.
FTC probing OpenAI over consumer protection concerns
The US Federal Trade Commission (FTC) has launched an investigation into artificial intelligence (AI) company OpenAI over allegations of violating consumer protection laws and jeopardising personal reputations and data, it was reported on Thursday.
Delta Air Lines posts record quarterly profits, shares at 52-week high
Delta Airlines reported record quarterly sales and profits on the back of booming travel demand following the Covid-19 pandemic.