News

“Gradually and then suddenly” is the way in which Mike Campbell, the wealthy but aimless character from Ernest Hemingway’s The Sun Also Rises, describes his bankruptcy. The market is changing, quietly and efficiently, heading into the start of a crucial second quarter earnings season that could either underscore the bull case for tech stocks over the back half of the year or test investor patience for long-awaited profits from the artificial intelligence boom. The which hit its latest all time high in early June, slipped into negative territory for the past month on Tuesday, led to the downside by the ongoing slump in tech stocks that have led the market for much of the past four years.

Analysts at Wells Fargo and Bank of America issued bullish predictions for bank stocks and earnings, which will kick off second-quarter earnings season next week.

Major US banks could top second-quarter earnings expectations amid gains from capital markets activi

S&P 500 companies are expected to report 23.3% earnings growth for Q2, the second straight quarter above 20% and far above the average growth rate of 16.4% over the past five years, according to FactSet. The key question for markets, according to famed investment strategist Ed Yardeni, is whether analysts got carried away after Q1 earnings and set the bar too high. "The big risk up ahead is that technology companies, especially the hyperscalers, won't beat analysts' overly optimistic earnings growth estimates for the quarter," Yardeni wrote in Monday note.

Chubb (CB) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

M&T Bank’s 14.5% return over the past six months has outpaced the S&P 500 by 6.5%, and its stock price has climbed to $239.99 per share. This run-up might have investors contemplating their next move.

Renasant has had an impressive run over the past six months as its shares have beaten the S&P 500 by 13%. The stock now trades at $42.99, marking a 21% gain. This run-up might have investors contemplating their next move.

JPMorgan Chase (JPM) and other big banks including Citigroup (C) and Wells Fargo (WFC) are likely to

Shares of Intel (NASDAQ:INTC) are down 10% in Tuesday morning trading to $110, while Advanced Micro Devices (NASDAQ:AMD) stock is off 8% to $508. The moves cap a sharp reversal after both names rallied Monday. The declines are part of a broader chip selloff triggered by Samsung Electronics’ quarterly report. Equipment maker Applied Materials (NASDAQ:AMAT) ... Intel and Applied Materials Dive 10%, AMD Craters 8% as Samsung Earnings Trigger Chip Selloff

QUALCOMM is set to release its fiscal Q3 earnings this month, while analysts project a significant decline in EPS.

Vertiv is expected to announce its second-quarter results soon, and analysts predict a double-digit growth in the company’s bottom-line figure.

Wall Street expects another strong Alphabet earnings report as AI and Google Cloud continue to fuel growth

Memory and storage stocks are selling off sharply in early trading Tuesday, reversing Monday’s rebound. Micron Technology (NASDAQ:MU) shares are down 7% to $917, SanDisk (NASDAQ:SNDK) stock is off 7% to $1,616, and Western Digital (NASDAQ:WDC) shares are dropping 7% to $537. The selling extends across the group. Seagate Technology (NASDAQ:STX) stock is down 5% ... Micron, SanDisk, and Western Digital Sink 7% as Samsung Earnings Spark a Memory Selloff

The apparel giant recently posted fourth-quarter earnings numbers that came in better than expected.

PepsiCo’s next earnings report is set to be released Thursday afternoon, following a recent pullback in the soda and snack maker’s stock.

Garmin will release its second-quarter earnings later this month, and analysts anticipate a single-digit bottom-line growth.

Generac Holdings is set to report second-quarter results soon, with analysts expecting double-digit EPS growth.

Hub Group currently trades at $45.86 per share and has shown little upside over the past six months, posting a middling return of 1.9%. The stock also fell short of the S&P 500’s 8% gain during that period.

Samsung Electronics stock dived even after it forecast a 19-fold increase in operating profit from the same period a year earlier.

US markets are set for a mixed open on Tuesday, with technology stocks expected to come under pressure after Samsung delivered record quarterly profits that still failed to satisfy investors, raising fresh questions about AI valuations. Nasdaq futures were down 1.1% ahead of the opening bell,...

Samsung stock fell nearly 7% in South Korea despite a 19-fold surge in quarterly operating profit, dragging tech indexes lower worldwide

Investors wiped more than $80 billion off Samsung's market value on concerns that AI infrastructure spending may not sustain the memory chip boom

Samsung Electronics' posted a record quarterly profit on Tuesday but this failed to reassure investors, with the sharp sell-off in the world's largest memory chipmaker expected to weigh on AI and technology stocks when Wall Street opens. The South Korean technology giant announced its...

Carvana is set to announce its second-quarter earnings this month, and Wall Street expects a double-digit rise in its profits.

Samsung results spark declines across semiconductor sectorMicron Technology (NASDAQ:MU) shares fell 4. 9% in premarket trading on Tuesday, extending a broader decline across the memory semiconductor industry after Samsung Electronics’ latest earnings update prompted selling throughout the sector.

Albemarle is set to announce its second-quarter earnings soon, and Wall Street expects a significant surge in its profits.

Kraft Heinz is expected to announce its second-quarter earnings soon, and Wall Street expects its EPS to decline in the double digits.

Raymond James raised Delta’s price target but downgraded the stock.

Samsung previewed record quarterly results today. Analysts had been expecting around $56 billion in operating profit for the quarter, according to FactSet. Operating profit is set to jump 19-fold compared to a year earlier, from around $3 billion in the second quarter of 2025.

Chipotle is gearing up to release its fiscal Q2 earnings later this month, while analysts project a modest EPS decline.