Stock markets shifted to recovery mode as the week came to a close, with the major indices closing higher after staying in the negative territory in the past few weeks. On Friday, stocks regained strength, led by technology. Meanwhile, volatility persisted in the market amid continuing uncertainty over the next round of stimulus and mixed cues on the future of the US economy, ahead of the November election.
With no clear signs of the pandemic subsiding, the markets would likely to remain jittery in the coming days. At 3,298.46, the S&P 500 index closed up 1.6% on Friday, while the Dow Jones Industrial Average added 358.52 points to end at 27,173.96.
The earnings reporting in the fourth quarter 2020 begins with PepsiCo (PEP), Conagra Brands (CAG), Constellation Brands (STZ), and Bed Bath & Beyond (BBBY) conducting their quarterly earnings call on October 1. Micron Technology (MU), which reports its quarterly earnings on Tuesday, will be the last major company to report earnings in Q3.
Key Earnings to Watch
Investor Days to Watch
M&A Conference to Watch
Key US Economic Events
The following are notable companies which have reported their earnings last week. In case if you have missed to catch up on their performance, click the respective links to skim through the transcripts to glean more insights.
Stitch Fix, Inc. (SFIX)
Nike Inc. (NKE)
AutoZone Inc. (AZO)
Aurora Cannabis Inc. (ACB)
General Mills Inc. (GIS)
JinkoSolar Holding Co. (JKS)
Accenture PLC (ACN)
Costco Wholesale (COST)
BlackBerry Limited (BB)
Rite Aid Corp. (RAD)
Jabil Inc. (JBL)
If you want to listen to how management responds to analyst questions and the tone they use, you can head over to our YouTube channel to listen to conference calls on the go.
Visa Inc. (NYSE: V) reported first quarter 2023 earnings results today. Net revenues grew 12% year-over-year to $7.9 billion. GAAP net income rose 6% to $4.2 billion while EPS grew
Intel Corporation (NASDAQ: INTC) Thursday reported a decline in adjusted earnings and revenues for the fourth quarter. The semiconductor giant also provided guidance for the first quarter of 2023. Fourth-quarter
Shares of McCormick & Company Inc. (NYSE: MKC) were down over 5% on Thursday after the company missed expectations on its fourth quarter 2022 results and provided a lower-than-expected earnings