META Q2 Earnings Preview - $META $MSFT $BA $PACW
STOCKS TO WATCH: $MSFT $GOOGL $BA $KO $META
Wall Street expects Meta Platforms, Inc. (NASDAQ:META) to post quarterly earnings at $2.91 per share on revenue of $31.12 billion after the closing bell. Meta shares gained 1.7% to $99.32 in after-hours trading.
Deep Dive: The UK's Online Safety Bill could transform the internet by making internet companies more responsible for content on their platforms, impacting $META's regulatory risk.
Microsoft Corporation (NASDAQ:MSFT) reported better-than-expected earnings and sales results for its fourth quarter, but issued weak sales outlook for the current quarter. Microsoft shares fell 3.7% to $338.00 in the after-hours trading session.
Deep Dive: Microsoft denies Chinese hackers could have cracked its cloud services.
Alphabet Inc. (NASDAQ:GOOGL) reported better-than-expected second-quarter results. Alphabet shares climbed 6.1% to $129.63 in the after-hours trading session.
Deep Dive: Needham Maintains Buy on Alphabet/ Raises Price Target to $140
Boeing (BA) reported quarterly losses of $(0.82) per share, beating analyst estimates by 2.38%. This indicates a 121.62% decrease in losses compared to the same period last year. Sales of $19.75 billion also exceeded estimates by 19.13%, showing an 18.40% increase from last year.
Wall Street expects Meta Platforms, Inc. (NASDAQ:META) to post quarterly earnings at $2.91 per share on revenue of $31.12 billion after the closing bell. Meta shares gained 1.7% to $99.32 in after-hours trading.
Deep Dive: The UK's Online Safety Bill could transform the internet by making internet companies more responsible for content on their platforms, impacting $META's regulatory risk.
Microsoft Corporation (NASDAQ:MSFT) reported better-than-expected earnings and sales results for its fourth quarter, but issued weak sales outlook for the current quarter. Microsoft shares fell 3.7% to $338.00 in the after-hours trading session.
Deep Dive: Microsoft denies Chinese hackers could have cracked its cloud services.
Alphabet Inc. (NASDAQ:GOOGL) reported better-than-expected second-quarter results. Alphabet shares climbed 6.1% to $129.63 in the after-hours trading session.
Deep Dive: Needham Maintains Buy on Alphabet/ Raises Price Target to $140
Boeing (BA) reported quarterly losses of $(0.82) per share, beating analyst estimates by 2.38%. This indicates a 121.62% decrease in losses compared to the same period last year. Sales of $19.75 billion also exceeded estimates by 19.13%, showing an 18.40% increase from last year.