Q2 earnings

The S&P 500 finally reached new all-time highs this week, surpassing the level last seen in February, and investors have plenty of confidence as they move into the summer. While several factors influenced the April drawdown and subsequent recovery, the market's continued strength has been...

About 14% of the S&P 500 companies have reported their June quarter earnings and the blended earnings growth rate for the companies constituting the broader index remains healthy. The coming week will see the official start of the tech reporting season, which could potentially decide the fate...

The second-quarter reporting season got off to a rocky start with investors reacting to some big bank earnings. Nevertheless, optimism over a healthy earnings season continues to abound. The Week That Was: Shares of high-profile big banks including JPMorgan Chase & Co. (NYSE:JPM), Citigroup Inc...

As Wall Street gears up for the Q2 earnings season, all eyes are on three major banks set to report their results on Friday, July 12: JPMorgan Chase & Co. (NYSE:JPM), Citigroup Inc. (NYSE:C), and Wells Fargo & Co. (NYSE:WFC). Wolfe Research recently released a comprehensive analysis of the...

It’s that time of year: cannabis Q2 Earnings are coming fast and thick, and we’ve been doing a lot of report reading. This latest Trade To Black podcast we’re diving into the second quarter earnings reports of the major companies in the cannabis space. There’ll be a lot more...

The Q2 earnings season has not only surpassed Wall Street’s expectations but has also outpaced the long-term historical average, indicating a robust quarter for American companies. The latest data unveiled by FactSet Research Systems Inc. (NYSE:FDS), a financial data and software company...

The portion of Uber Technologies' earnings report that is devoted to Uber Freight is for a three-month period that immediately preceded the electronic brokerage's biggest acquisition. That would be the purchase of Transplace, announced July 22, acquired for approximately $2.25 billion. While the...

With the recent China crackdown on businesses, COVID numbers on the rise, and countries like Australia being forced back into lockdown, U.S. indices still remain at or near all-time highs and are a textbook example of how investors continue to focus on the positive and shrug off the negative. But...

We started the week with risk-off sentiment and choppy markets. The choppiness could remain until the payrolls number comes out on Friday. But the mood seems to have shifted back toward risk, for now. Wednesday has started out pretty much flat to slightly higher after stock indices were able to...

Daseke Inc. on Tuesday reported second-quarter adjusted earnings per share of 42 cents, compared to 10 cents per share in the same year-ago quarter. The nation's largest flatbed carrier's quarterly revenue rose 15% year-over-year to $404 million, with adjusted net income of $30.2 million. The...

With the final month of the summer now upon us, global markets are continuing their upward momentum. Chinese markets – namely the nation’s tech stocks – are finding their footing after experiencing a degree of selling last month. And while Europe’s outlook is still a bit...

USA Truck Inc. (NASDAQ: USAK) posted a 37% year-over-year revenue increase to $170 million in the second quarter, a quarterly record, said President and CEO James Reed. The truckload carrier also reported a second-quarter net income of $4.2 million, after reporting a loss of $900,000 in the same...

On Tuesday after the bell, Big Tech crushed earnings with Apple (NASDAQ: AAPL), Alphabet Inc (NASDAQ: GOOG), and Microsoft (NASDAQ: MSFT) making a $57 billion quarterly profit. Their earnings report figures were powered by a rise in advertising spending.  In simple words, this performance was...

SAIA's record-breaking quarter, the latest in a string of blowout financial reports by LTL companies, drew rapid applause from Wall Street.  At approximately 12:45 p.m Thursday, the stock of Saia (NASDAQ: SAIA) was up 8.36% to $221.82. That was the high level of the day, with Saia stock having...

Ongoing strong demand for freight helped Schneider National report second-quarter adjusted earnings per share of 60 cents, 16 cents ahead of analysts' expectations and 34 cents better than the prior-year result. Expecting "excess demand" for freight to continue the rest of the year, Schneider (...