Key earnings reports. United Parcel, Texas Instruments, McDonald's Corporation, Starbucks , Kering ...etc
- LVMH: H1 results exceed expectations thanks to its Fashion and Leather Goods division.
- Michelin: raises 2021 guidance on rebound in production volumes.
- Tesla earns for the first time more than one billion dollars in a quarter.
- BioNTech aims to develop a malaria vaccine.
- Amazon is interested in cryptocurrencies but denies it will soon accept bitcoin.
- American Airlines warns against a possible fuel shortage, asking pilots to save it.
- ABB sells its Mechanical Power Transmission division to US-based RBC Bearings.
- Logitech International beats expectations in the first quarter.
- Anger rises at Activision, where management is facing criticism in a sexism case.
- Vontobel posts strong first-half results.
- Intel announced Monday that its factories will begin producing Qualcomm chips and unveiled a roadmap to expand its foundry business to catch up with rivals like Taiwan Semiconductor Manufacturing and Samsung Electronics by 2025.
- General Electric on Tuesday raised its free cash flow forecast to a range of $3.5 billion to $5 billion (from $2.5 billion to $4.5 billion previously) for this year on the back of a recovery in the aviation market that should boost demand for the U.S. conglomerate's engines and parts. The stock gained 3.7% in pre-market trading.
- United Parcel Service (UPS) on Tuesday reported better-than-expected quarterly revenue and profit on increased shipments and distribution of healthcare products such as COVID-19 vaccines.
- Centene - The health insurer reported a lower-than-expected second-quarter profit on Tuesday, due in part to higher medical costs.
- Raytheon Technologies on Tuesday raised its full-year adjusted profit forecast on higher demand for its products and services amid a recovery in air travel. The stock is up 1.2 percent in premarket trading.