U.S. stocks rallied Friday, and the indices closed on fresh highs. Stocks in the financial sector rose with the central bank’s decision to allow banks to resume buybacks and raise dividends starting June-end. The vaccines’ rollout buoyed markets further. The US stock index futures opened lower today as global banks faced potential losses from a hedge fund’s default on margin calls.
Adobe Systems Incorporated (NASDAQ: ADBE) reported second quarter 2021 earnings results today. Total revenue grew 23% year-over-year to $3.84 billion. GAAP net income was $1.11 billion, or $2.32 per share,
Shares of Delta Air Lines Inc. (NYSE: DAL) have gained 45% over the past 12 months and 11% since the beginning of this year. After a particularly distressful period, like
The Kroger Co. (NYSE: KR) reported first-quarter 2021 earnings results today. Total company sales were $41.3 billion compared to $41.5 billion in the same period last year. Excluding fuel, sales