Microsoft, Boeing And 3 Stocks To Watch Heading Into Wednesday
Portfolio Pulse from Avi Kapoor
Key stocks to watch include Boeing, Microsoft, Meta Platforms, Starbucks, and Mastercard. Boeing is expected to report a quarterly loss, Microsoft reported strong earnings but saw a share price drop, Meta is anticipated to post strong earnings, Starbucks met earnings expectations but missed sales estimates, and Mastercard is expected to report solid earnings.
July 31, 2024 | 6:37 am
News sentiment analysis
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NEGATIVE IMPACT
Boeing is expected to report a quarterly loss of $1.91 per share on revenue of $17.23 billion. Shares rose 0.46% in after-hours trading.
Boeing's expected quarterly loss is likely to negatively impact its stock price in the short term, despite a small after-hours gain.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
Starbucks posted in-line earnings for its third quarter, but sales missed estimates. Shares gained 3.6% in after-hours trading.
Starbucks' in-line earnings and missed sales estimates present a mixed outlook, but the after-hours gain suggests a neutral short-term impact.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Mastercard is expected to post quarterly earnings of $3.51 per share on revenue of $6.85 billion. Shares fell 0.6% in after-hours trading.
Mastercard's expected strong earnings are likely to positively impact its stock price, despite the minor after-hours decline.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
Meta Platforms is expected to post quarterly earnings of $4.73 per share on revenue of $38.31 billion. Shares fell 1% in after-hours trading.
Meta's anticipated strong earnings are likely to positively impact its stock price, despite the minor after-hours decline.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100
POSITIVE IMPACT
Microsoft reported better-than-expected earnings and sales for its fourth quarter, with significant growth in its Intelligent Cloud segment. Shares fell 2.7% in after-hours trading.
Despite the after-hours drop, Microsoft's strong earnings and growth in its cloud segment are likely to positively impact its stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100