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2021-07-30

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Toplines Before US Market Open on Friday

Glum Amazon earnings drag US futures fell US released data on June consumer spending and inflation

Toplines Before US Market Open on Friday

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It did, however, report a quarterly profit of $15.12 per share, which beat the consensus estimate of $12.30.\nPinterest(PINS) – Pinterest stock was hammered 20.4% in premarket trading after the image-sharing website operator reported a quarterly decline in monthly average users. Pinterest had seen usage surge during the pandemic as people remained at home and spent more time in front of their computers. Pinterest did, however, beat analyst estimates for both profit and revenue for its latest quarter.\nExxon Mobil(XOM) – Exxon Mobil earned $1.10 per share for the second quarter, 11 cents above estimates, while revenue also beat Wall Street forecasts. Exxon benefited from an improved cost structure and better market conditions.Exxon Mobil shares rose 0.8% in the premarket.\nT-Mobile US(TMUS) – T-Mobile reported quarterly earnings of 78 cents per share, 25 cents higher than Street forecasts, while the mobile service provider also saw revenue beat estimates. Higher demand for 5G devices and services helped boost its subscriber numbers.The&nbsp;shares&nbsp;fell&nbsp;1.1%&nbsp;in premarket trading.\nGilead Sciences(GILD) – Gilead came in 14 cents ahead of estimates with an adjusted quarterly profit of $1.87 per share, while the drug maker’s revenue exceeded estimates as well. However, sales of Gilead’s flagship HIV drugs fell 1.6% during the quarter, and the stock lost 1.5% in premarket trading.\nChevron(CVX) – Chevron rose 1.4% in premarket trading after it beat estimates by 12 cents with adjusted quarterly earnings of $1.71 per share. Revenue beat estimates as well, as oil prices rose and market conditions improved.\nProcter &amp; Gamble(PG) – The consumer products giant rose 1.3% in the premarket after it beat estimates by 5 cents with quarterly earnings of $1.13, while revenue beat forecasts as well. P&amp;G did warn of continuing inflation pressures as input costs rise. Separately, CEO David Taylor will step down in November after a 6-year run, to be replaced by Chief Operating Officer Jon Moeller. Taylor will become executive chairman.\nCaterpillar(CAT) – Caterpillar fell 2.2% in the premarket, despite reporting better-than-expected profit and revenue in the second quarter. Caterpillar beat estimates by 20 cents with adjusted quarterly earnings of $2.60 per share, helped by a recovering global economy.\nCapri Holdings(CPRI) – The company behind the Michael Kors and Versace luxury brands earned an adjusted $1.42 per share for its latest quarter, well above the 80 cent consensus estimate. Revenue also exceeded forecasts and Capri raised its annual outlook for the second time this year. The stock jumped 9.8% in premarket action.\nRestaurant Brands(QSR) – The parent of Tim Hortons, Popeyes and Burger King reported adjusted quarterly earnings of 77 cents per share, 51 cents above estimates, and revenue also came in above Wall Street forecasts. Results got a boost from an increasing number of customers visiting restaurants as the pandemic receded.Its stock rose 2.1% in the premarket.\nTexas Roadhouse(TXRH) – Texas Roadhouse beat estimates by 9 cents with quarterly earnings of $1.08 per share, while the restaurant chain’s revenue was also above Street forecasts. However, Texas Roadhouse did say it expects food costs to continue to rise and its stock fell 5.2% in the premarket.","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Toplines Before US Market Open on Friday</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nToplines Before US Market Open on Friday\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\nTiger Newspress \n2021-07-30 20:35\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<ul>\n <li>Glum Amazon earnings drag US futures fell</li>\n</ul>\n<ul>\n <li>US released data on June consumer spending and inflation</li>\n</ul>\nNasdaq futures fell 1% on Friday after an underwhelming quarterly earnings report from Amazon.com, while investors looked to a key inflation report for cues on the pace of a domestic economic recovery.\nUS&nbsp;key inflation indicator up 3.5% year over year in June vs. 3.6% estimate.\nAt 8:35 a.m. ET, Dow e-minis were down 113 points, or 0.32%, S&amp;P 500 e-minis were down 31 points, or 0.70%, and Nasdaq 100 e-minis were down 168.25 points, or 1.12%.\n<img src=\"https://static.tigerbbs.com/505fe41538f8f36d985bf0a0d52ca309\" tg-width=\"1080\" tg-height=\"423\" referrerpolicy=\"no-referrer\">\nAmazon.com Inc&nbsp;tumbled 6.9% in premarket trading after the company said sales growth would slow in the next few quarters as customers ventured more outside the home.Analysts slash&nbsp;PTs to reflect weaker guidance.In addition,Amazon&nbsp;faces the biggest ever&nbsp;European Union&nbsp;fine for a data privacy breach as its lead watchdog hit it with a 746 million-euro ($888 million) penalty for violating the bloc’s tough data protection rules.\nShares of other technology behemoths, including Netflix Inc, Google-parent Alphabet Inc, and Facebook Inc, which benefited last year from people staying indoors due to COVID-19 restrictions, fell between 0.6% and 1.2%.\nStocks making the biggest moves premarket:\nAmazon(AMZN) – Amazon shares fell 6.9% in the premarket after it missed Wall Street revenue estimates for the first time since the third quarter of 2018. It did, however, report a quarterly profit of $15.12 per share, which beat the consensus estimate of $12.30.\nPinterest(PINS) – Pinterest stock was hammered 20.4% in premarket trading after the image-sharing website operator reported a quarterly decline in monthly average users. Pinterest had seen usage surge during the pandemic as people remained at home and spent more time in front of their computers. Pinterest did, however, beat analyst estimates for both profit and revenue for its latest quarter.\nExxon Mobil(XOM) – Exxon Mobil earned $1.10 per share for the second quarter, 11 cents above estimates, while revenue also beat Wall Street forecasts. Exxon benefited from an improved cost structure and better market conditions.Exxon Mobil shares rose 0.8% in the premarket.\nT-Mobile US(TMUS) – T-Mobile reported quarterly earnings of 78 cents per share, 25 cents higher than Street forecasts, while the mobile service provider also saw revenue beat estimates. Higher demand for 5G devices and services helped boost its subscriber numbers.The&nbsp;shares&nbsp;fell&nbsp;1.1%&nbsp;in premarket trading.\nGilead Sciences(GILD) – Gilead came in 14 cents ahead of estimates with an adjusted quarterly profit of $1.87 per share, while the drug maker’s revenue exceeded estimates as well. However, sales of Gilead’s flagship HIV drugs fell 1.6% during the quarter, and the stock lost 1.5% in premarket trading.\nChevron(CVX) – Chevron rose 1.4% in premarket trading after it beat estimates by 12 cents with adjusted quarterly earnings of $1.71 per share. Revenue beat estimates as well, as oil prices rose and market conditions improved.\nProcter &amp; Gamble(PG) – The consumer products giant rose 1.3% in the premarket after it beat estimates by 5 cents with quarterly earnings of $1.13, while revenue beat forecasts as well. P&amp;G did warn of continuing inflation pressures as input costs rise. Separately, CEO David Taylor will step down in November after a 6-year run, to be replaced by Chief Operating Officer Jon Moeller. Taylor will become executive chairman.\nCaterpillar(CAT) – Caterpillar fell 2.2% in the premarket, despite reporting better-than-expected profit and revenue in the second quarter. Caterpillar beat estimates by 20 cents with adjusted quarterly earnings of $2.60 per share, helped by a recovering global economy.\nCapri Holdings(CPRI) – The company behind the Michael Kors and Versace luxury brands earned an adjusted $1.42 per share for its latest quarter, well above the 80 cent consensus estimate. Revenue also exceeded forecasts and Capri raised its annual outlook for the second time this year. The stock jumped 9.8% in premarket action.\nRestaurant Brands(QSR) – The parent of Tim Hortons, Popeyes and Burger King reported adjusted quarterly earnings of 77 cents per share, 51 cents above estimates, and revenue also came in above Wall Street forecasts. Results got a boost from an increasing number of customers visiting restaurants as the pandemic receded.Its stock rose 2.1% in the premarket.\nTexas Roadhouse(TXRH) – Texas Roadhouse beat estimates by 9 cents with quarterly earnings of $1.08 per share, while the restaurant chain’s revenue was also above Street forecasts. However, Texas Roadhouse did say it expects food costs to continue to rise and its stock fell 5.2% in the premarket.\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1109167679","content_text":"Glum Amazon earnings drag US futures fell\n\n\nUS released data on June consumer spending and inflation\n\nNasdaq futures fell 1% on Friday after an underwhelming quarterly earnings report from Amazon.com, while investors looked to a key inflation report for cues on the pace of a domestic economic recovery.\nUS key inflation indicator up 3.5% year over year in June vs. 3.6% estimate.\nAt 8:35 a.m. ET, Dow e-minis were down 113 points, or 0.32%, S&P 500 e-minis were down 31 points, or 0.70%, and Nasdaq 100 e-minis were down 168.25 points, or 1.12%.\n\nAmazon.com Inc tumbled 6.9% in premarket trading after the company said sales growth would slow in the next few quarters as customers ventured more outside the home.Analysts slash PTs to reflect weaker guidance.In addition,Amazon faces the biggest ever European Union fine for a data privacy breach as its lead watchdog hit it with a 746 million-euro ($888 million) penalty for violating the bloc’s tough data protection rules.\nShares of other technology behemoths, including Netflix Inc, Google-parent Alphabet Inc, and Facebook Inc, which benefited last year from people staying indoors due to COVID-19 restrictions, fell between 0.6% and 1.2%.\nStocks making the biggest moves premarket:\nAmazon(AMZN) – Amazon shares fell 6.9% in the premarket after it missed Wall Street revenue estimates for the first time since the third quarter of 2018. It did, however, report a quarterly profit of $15.12 per share, which beat the consensus estimate of $12.30.\nPinterest(PINS) – Pinterest stock was hammered 20.4% in premarket trading after the image-sharing website operator reported a quarterly decline in monthly average users. Pinterest had seen usage surge during the pandemic as people remained at home and spent more time in front of their computers. Pinterest did, however, beat analyst estimates for both profit and revenue for its latest quarter.\nExxon Mobil(XOM) – Exxon Mobil earned $1.10 per share for the second quarter, 11 cents above estimates, while revenue also beat Wall Street forecasts. Exxon benefited from an improved cost structure and better market conditions.Exxon Mobil shares rose 0.8% in the premarket.\nT-Mobile US(TMUS) – T-Mobile reported quarterly earnings of 78 cents per share, 25 cents higher than Street forecasts, while the mobile service provider also saw revenue beat estimates. Higher demand for 5G devices and services helped boost its subscriber numbers.The shares fell 1.1% in premarket trading.\nGilead Sciences(GILD) – Gilead came in 14 cents ahead of estimates with an adjusted quarterly profit of $1.87 per share, while the drug maker’s revenue exceeded estimates as well. However, sales of Gilead’s flagship HIV drugs fell 1.6% during the quarter, and the stock lost 1.5% in premarket trading.\nChevron(CVX) – Chevron rose 1.4% in premarket trading after it beat estimates by 12 cents with adjusted quarterly earnings of $1.71 per share. Revenue beat estimates as well, as oil prices rose and market conditions improved.\nProcter & Gamble(PG) – The consumer products giant rose 1.3% in the premarket after it beat estimates by 5 cents with quarterly earnings of $1.13, while revenue beat forecasts as well. P&G did warn of continuing inflation pressures as input costs rise. Separately, CEO David Taylor will step down in November after a 6-year run, to be replaced by Chief Operating Officer Jon Moeller. Taylor will become executive chairman.\nCaterpillar(CAT) – Caterpillar fell 2.2% in the premarket, despite reporting better-than-expected profit and revenue in the second quarter. Caterpillar beat estimates by 20 cents with adjusted quarterly earnings of $2.60 per share, helped by a recovering global economy.\nCapri Holdings(CPRI) – The company behind the Michael Kors and Versace luxury brands earned an adjusted $1.42 per share for its latest quarter, well above the 80 cent consensus estimate. Revenue also exceeded forecasts and Capri raised its annual outlook for the second time this year. The stock jumped 9.8% in premarket action.\nRestaurant Brands(QSR) – The parent of Tim Hortons, Popeyes and Burger King reported adjusted quarterly earnings of 77 cents per share, 51 cents above estimates, and revenue also came in above Wall Street forecasts. Results got a boost from an increasing number of customers visiting restaurants as the pandemic receded.Its stock rose 2.1% in the premarket.\nTexas Roadhouse(TXRH) – Texas Roadhouse beat estimates by 9 cents with quarterly earnings of $1.08 per share, while the restaurant chain’s revenue was also above Street forecasts. However, Texas Roadhouse did say it expects food costs to continue to rise and its stock fell 5.2% in the premarket.","news_type":1},"isVote":1,"tweetType":1,"viewCount":460,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":14,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}

Toplines Before US Market Open on Friday

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