Key earnings releases. Facebook, Paypal, Pfizer, Shopify, Rio Tinto, The Boeing Company, Vale...

 

  • Apple reported quarterly results Tuesday that beat analysts' expectations as consumers snapped up the high-end versions of the 5G-enabled iPhone models and signed up for services from the Apple firm. The stock is down 1.1% in pre-market trading, however, as the company warned that global semiconductor shortages are expected to start affecting its iPhone production and weigh on revenue growth.
  • Alphabet, Google's parent company, reported record quarterly revenue and profit on Tuesday as its results were boosted by a jump in advertising revenue as more customers turned to online shopping with the health crisis. The stock is up 3.7% in pre-market trading.
  • Microsoft on Tuesday reported quarterly revenue ahead of Wall Street expectations, driven by accelerating demand for its cloud services as more people continued to work or study online. The stock gained 0.5% in pre-market trading.
  • Pfizer on Wednesday raised its 2021 sales forecast for its COVID-19 vaccine, developed in partnership with Germany's BioNTech Group, to $33.5 billion from $26 billion on strong global demand.
  • McDonald’s reported Tuesday sales that beat Wall Street expectations thanks to an easing of health restrictions and the launch of a new menu inspired by South Korean pop group BTS.
  • Kering: seeks takeover targets, half-year revenue up 49.6% on a reported basis.
  • Europcar in talks with Volkswagen for a takeover bid.
  • Swiss company Adecco buys French company Akka Technologies for €€2 billion.
  • Visa reports a jump in payment volumes in Q3.
  • Advanced Micro Devices reports 99% year-on-year sales growth.
  • Moncler beats expectations in Q2, sales exceed pre-crisis levels.
  • Novartis receives FDA orphan drug status for pancreatic cancer treatment.
  • ASM International reports record Q2 orders and expects strong growth in Q3.
  • Walmart to cover tuition costs for employees.
  • Telecom Italia reports a 7.4% decline in Q2 operating profit.
  • Deutsche Börse reports a 21% rise in Q2 profit and confirms full-year targets.
  • Equinor driven by oil rebound in Q2.
  • Banco Satander exceeds €2bn profit in Q2.