Why UPS Soared Past Estimates
Delivery service UPS reported second-quarter results that blew past estimates. Demand for the company's services surged due to the COVID-19 pandemic.
All Work
Paul Ausick
Can These 8 S&P Consumer Staples Stocks Make a Comeback?
When so many people have been advised or ordered to stay home, it's reasonable to expect that the goods those people will be buying are consumer staples like food. But even some of these…
Earnings, New Deal with Huawei Set Qualcomm Stock on Fire
Network technology maker Qualcomm reported EPS of $0.86 and revenues of $4.9 billion for its third fiscal quarter. The results were better than expected, but the big mover was a new contract with Huawei.
Tesla Gets a New Low-Cost US Electric Car From China to Compete Against
Chinese automaker Kandi announced a low-priced electric vehicle in the United States on Wednesday. The car will be available at dealers later this year following its August launch.
Why GM Earnings Don’t Look Too Bad
GM posted a smaller-than-expected loss Wednesday morning and a larger than expected drop in revenues. The company indicated that it is getting production back on track, but still did not offer any guidance.
Scotts Miracle-Gro Gets Sky-High
Scotts Miracle-Gro posted better-than-expected results Wednesday morning, and announced a 7% dividend increase, along with a $5 per share special dividend.
Why Boeing’s Terrible Q2 Is Getting a Pass From Investors
Boeing missed second-quarter estimates on both the top and bottom lines, but new production cuts and a likely layoff gave shares a lift in Wednesday's premarket session.
How GE’s Weak Q2 Results Got Dressed Up
General Electric posted second-quarter results Wednesday morning that missed both top- and bottom-line estimates. And the company burned through $2.1 billion in cash during the quarter.
Strong AMD Q2 Earnings Came With a Forecast for a Stronger Q3
Chipmaker AMD posted better than expected top and bottom line second-quarter results after markets closed Tuesday. The outlook for the third quarter was even better.
Why Kodak Is Worth 5 Times More Tuesday
Kodak, once a giant in photography, received a $765 million federal loan to begin building a pharmaceutical business.
July Consumer Confidence Pulls Back as COVID-19 Surges Again
The Conference Board's July survey of U.S. consumer confidence showed that Americans have become more worried about the impact of COVID-19 on the economy and the job market.
EPA Inspector General to Review Rollback of Gas Mileage Requirement
The inspector general of the U.S. EPA has launched an "evaluation" of the agency's actions earlier this year when it proposed changes to mileage requirements adopted by the Obama administration.
Aerojet Rocketdyne, Raytheon Earnings Send Investors Different Stories
Following an earnings report that was better-than-expected and a better outlook, Aerojet Rocketdyne is posting big gains Tuesday. Raytheon, which suffered from the downturn in commercial air travel, tells a different second-quarter story.
How JetBlue Hopes to Escape the COVID-19 Shock
Low-cost carrier JetBlue posted a worse-than-expected second-quarter loss along with lower revenues. The company is seeing some improvement in bookings, but recovery remains some way off.
What McDonald’s Q2 Results Indicate About Future Performance
McDonald's reported second-quarter results Tuesday morning that included worse-than-expected profits but higher revenues.
6 Semiconductor Equipment Firms Poised for More Growth
While chipmaking giant Intel may be having manufacturing difficulties with its latest chip designs, the makers of semiconductor manufacturing equipment are flourishing.
July New Car Sales Forecast a Little Better but Still Bad
When new car sales for July are announced next week, the numbers are expected to be better than in the past four months, but still add up to a decline of nearly 15% compared…
Short Sellers Could Feel Some Pain as Gold Stocks Set New Highs
Short interest in gold-mining stocks and ETFs rose in the two-week reporting period ending July 15. But gold prices rose more sharply.
TSMC Will Make More Chips — for Intel
Intel on Friday announced a further delay in its 7-nanometer CPUs, saying the chips won't be out until late in 2022 or early 2023. And the situation could get worse.
Short Sellers All In on 2 Alt Energy Stocks, Mixed on Solar Stocks
Two alt energy stocks experienced soaring demand from short sellers during the two-week reporting period that ended July 15.