Economic data and earnings will keep investors busy this week. More than a quarter of the S&P 500 companies are scheduled to release their earnings.
UPS is scheduled to report its second-quarter earnings results on July 24. Estimates suggest that things aren't looking good for it this quarter.
Boeing (BA) plans to report its second-quarter 2019 results on July 24.
Hershey (HSY) is set to report its second-quarter results on Thursday, July 25. We expect Hershey’s sales and earnings to grow year-over-year, but that growth to be low.
Align Technology (ALGN) plans to release its second-quarter earnings on July 24 after the market closes.
On July 19, Tilray was trading at a forward EV-to-sales multiple of 12.1x. The company was still trading at a premium to the peer median at 6.0x.
Freeport-McMoRan (FCX), the largest publicly traded copper miner, is expected to release its second-quarter earnings results on June 24.
Afya (AFYA) listed on the Nasdaq Global Select Market on July 19. The company priced its IPO at $19 per share.
On July 18, New York Fed President John Williams's speech increased the Fed rate cut probability. He highlighted the importance of the Fed acting quickly.
CrowdStrike Holdings (CRWD) stock rose 16.0% on Friday, the day after the cybersecurity company announced its fiscal 2020 first-quarter results.