Walmart, Deere And 3 Stocks To Watch Heading Into Thursday
Portfolio Pulse from Avi Kapoor
Key stocks to watch on Thursday include Deere & Company, Cisco Systems, Walmart, AST SpaceMobile, and JD.com. Deere is expected to report strong earnings, Cisco posted better-than-expected Q3 results, Walmart is anticipated to release solid earnings, AST SpaceMobile announced a significant commercial agreement, and JD.com is expected to post quarterly earnings.
May 16, 2024 | 6:18 am
News sentiment analysis
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POSITIVE IMPACT
AST SpaceMobile reported a narrower-than-expected loss and announced a commercial agreement with AT&T. Shares jumped 41% in after-hours trading.
The significant rise in share price due to a narrower-than-expected loss and a new commercial agreement indicates a positive short-term impact.
CONFIDENCE 80
IMPORTANCE 85
RELEVANCE 75
POSITIVE IMPACT
Cisco Systems reported stronger-than-expected Q3 results and provided positive FY24 guidance. Shares climbed 4.9% in after-hours trading.
Strong financial results and positive future guidance are likely to drive short-term price increases.
CONFIDENCE 90
IMPORTANCE 95
RELEVANCE 90
POSITIVE IMPACT
Deere & Company is expected to report quarterly earnings of $7.86 per share on revenue of $13.28 billion. Shares rose 0.4% in after-hours trading.
Positive earnings expectations and a slight rise in after-hours trading suggest a potential short-term price increase.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 80
POSITIVE IMPACT
Walmart is expected to post quarterly earnings of 52 cents per share on revenue of $159.50 billion. Shares rose 0.8% in after-hours trading.
Positive earnings expectations and a rise in after-hours trading suggest a potential short-term price increase.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 85
NEGATIVE IMPACT
JD.com is expected to post quarterly earnings of 64 cents per share on revenue of $35.62 billion. Shares fell 0.5% in after-hours trading.
Despite positive earnings expectations, the decline in after-hours trading suggests a potential short-term price decrease.
CONFIDENCE 75
IMPORTANCE 80
RELEVANCE 70