is the first of the giant technology companies to report this week. The software company is scheduled to issue fiscal fourth-quarter earnings on Tuesday. Microsoft shares were up 0.3%.
is scheduled to release earnings Wednesday, and
and
on Thursday. Meta was flat, Apple rose 0.1%, and Amazon was up 0.4%.
rose 5.6%. The company was named the top pick in U.S. auto companies by
replacing
Ford fell 1.8%. Separately, the electric-vehicle giant over the weekend offered qualifying American Model Y buyers 1.99% financing if delivery is taken by the end of September. Al Root of Barron’s noted that
Tesla
’s
latest incentive shows how higher rates and slowing demand have weighed on EV sales.
fell 1.5% after the maker of Post-It-Notes and Scotch tape rose 23% on Friday, its biggest one-day gain ever, following a second-quarter earnings beat and boost to the company’s full-year outlook.
Advertisement – Scroll to Continue
which makes Similac baby formula, was down 0.5% after a jury ordered the company to pay $495 million in compensation and damages after determining it failed to warn that its formula for premature infants increased the risk for necrotizing enterocolitis, a bowel disease.
fell 5.1% after analyst Frank Lee at
lowered his rating on the stock to Reduce from Hold, while raising his price target to $105 from $100.
U.S.-listed shares of
rose 13% after the Dutch health-technology company posted second-quarter earnings.
reported second-quarter earnings and revenue that missed analysts’ estimates. Adjusted earnings of $2.97 a share were below Wall Street expectations of $3.07, and revenue of $6.49 billion was below consensus of $6.62 billion. Investors, though, were upbeat that the fast-food chain’s $5 value menu can bring better results in the year’s second half. The stock gained 3.7%.
which makes chip products in the area of power and sensors for the auto and industrial markets, reported better-than-expected second-quarter earnings and revenue. The stock rose 11.5% and led the S&P 500 for the day.
rose 1.5% to $169.53. Phillip Securities upgraded shares of the parent of Google to Buy from Accumulate on confidence that artificial-intelligence initiatives will continue to drive growth.
Revvity
,
the health sciences company, was up 9.1% after posting better-than-expected second-quarter earnings and boosting profit and revenue guidance for the year.
In addition to reports from
Apple
,
these companies also are scheduled to issue earnings this week:
Intel
,
Qualcomm
,
Chevron
,
Boeing
,
Merck
,
Pfizer
,
BP
,
PayPal
,
T-Mobile
,
Altria
,
Humana
,
Shell
,
and
Advertisement – Scroll to Continue
Write to Joe Woelfel at joseph.woelfel@barrons.com
