Author: Hivelr News
Business news for strategic investors and leaders.
Nike and Costco are expected to earn $0.45, $2.85 per share, respectively while Carnival is expected to report -$2.21 per share.
Expected earnings for FedEx and Adobe are $2.64 and $2.41 per share respectively.
Lululemon reported EPS of $0.74 vs $0.55 estimate and revenue of $902.9 million vs $842.5 million estimate.
Technology companies such as Zoom and Broadcom are expected to announce strong earnings this week.
S&P 500 rallied as the market closed today almost reaching an all-time high before the coronavirus pandemic shut down the global economy.
Boeing announced today that the company will end the production of 747 aircraft series. This announcement will impact about 10% of the company’s workforce.
AMD stock price rallies more than 10% today after hours.
The key personnel who is in charge of the development of chip technology and manufacturing left the chipmaker after announcing that Intel is behind in production technology.
The EU leaders have discussions since Friday for the 750 Billion Euro proposed recovery fund and the next EU’s budget
Florida reported more than 10,000 cases per day in the last five day that marked them to become one of the hot spots in the US.
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