US stocks are expected to move up on Wednesday, with investors cautious as the earnings season starts. First-quarter earnings for S&P 500 companies are estimated to have risen 25% in the quarter, according to Refinitiv IBES data, which would be the biggest quarterly gain since 2018. Separately, a variety of Fed speakers due to discuss the economic outlook on Wednesday, including Chairman Jerome Powell.
Digital healthcare firm SmileDirectClub Inc. (NASDAQ: SDC) reported a narrower net loss for the first quarter of 2021 amid modest revenue growth. While the bottom-line missed Wall Sreet's prediction, revenues
Virgin Galactic (NYSE: SPCE) reported first-quarter 2020 financial results after the regular market hours on Monday. The space tourism company reported zero revenue in the first quarter, compared to $238,000
The social media industry witnessed certain changes amid the COVID-19 pandemic last year. User numbers and engagement levels increased as people spent more time online to connect with family and