Major stock indexes gained sharply on Monday with investors looking forward to quarterly earnings reports from big U.S. companies this week, while U.S. Treasury yields edged lower ahead of upcoming U.S.-China trade discussions.
U.S. equity futures were slightly lower to mixed ahead of the open. Nasdaq futures showed mild weakness after recent tech strength. S&P 500 and Dow futures hovered near flat to slightly negative.
Monday fully erased. S&P + Nasdaq ATH; oil −4%. AMD obliterated: rev $10.25B +38%, Data Center $5.8B +57%, Q2 $11.2B guide — Su: 'tens of billions' AI target. PFE +2%: non-COVID +22%, COVID fading. PYPL −10%: Q2 EPS −9% guide kills turnaround narrative. SKORE: AMD 8.6 · PFE 6.1 · PYPL 4.6
Suncor Energy (TSE:SU – Get Free Report) (NYSE:SU) issued its earnings results on Tuesday. The company reported C$1.77 earnings per share for the quarter, FiscalAI reports. The company had revenue of C$14.48 billion during the quarter. Suncor Energy had a net margin of 12.10%
Coupang (NYSE:CPNG – Get Free Report) issued its quarterly earnings data on Tuesday. The company reported ($0.15) earnings per share for the quarter, missing the consensus estimate of ($0.09) by ($0.06), FiscalAI reports. The company had revenue of $8.50 billion for the quarter, compared to the