Latest news with #ThomasShipp
Yahoo
25-07-2025
- Business
- Yahoo
US stock futures mixed as investors digest more earnings reports
U.S. stock futures are mixed as investors digest more earnings reports. Strong earnings and continued spending from Alphabet boosted the broad S&P 500 and tech-laden Nasdaq to fresh record highs, and investors are looking for more to keep the rally going. Slightly more than 20% of S&P 500 companies have reported earnings," said Thomas Shipp, Head of Equity Research for LPL Financial. "So far, it appears that results are good enough. The rate of results outpacing earnings expectations is near 90%, with average upside surprises around the historical average of approximately 7% on earnings per share, while about 2% upside on sales is coming in ahead of historical averages of roughly 1.2%." However, investors also are scrutinizing guidance. So far, Shipp said companies seem to be managing tariffs well, feel Trump's mega tax bill will help companes and companies are still planning to spend on artficial intelligence. At 6:20 a.m. ET, futures linked to the blue chip Dow rose 0.09%, while S&P 500 futures added 0.07% and Nasdaq futures fell-0.02%. Corporate news Intel's second-quarter results topped analyts' forecasts but the semiconductor company said it's slashing its workforce by 15% and scrapping plans to spend tens of billions of dollars on new chip facilities in Europe. Deckers Outdoor results topped Wall Street's expectations in the first three months of its fiscal year with help from strong international sales. Its current quarter guidance is mostly in line with the Street's views. Boston Beer reported better-than-expected second-quarter results and said it now expects tariffs to have a more moderate effect on its earnings this year. Paramount Global's $8 billion merger with Skydance received approval from the Federal Communications Commission. Boyd Gaming topped second-quarter estimates. Cryptocurrency Trump's Working Group on Digital Assets has finished its 180-day study and will release it publicly on July 30, said Bo Hines, executive director of president's Council of Advisers on Digital Assets of the White House, in a social media post. Medora Lee is a money, markets, and personal finance reporter at USA TODAY. You can reach her at mjlee@ and subscribe to our free Daily Money newsletter for personal finance tips and business news every Monday through Friday. This article originally appeared on USA TODAY: US stock futures mixed as investors digest more earnings reports
Yahoo
25-07-2025
- Business
- Yahoo
US stock futures mixed as investors digest more earnings reports
U.S. stock futures are mixed as investors digest more earnings reports. Strong earnings and continued spending from Alphabet boosted the broad S&P 500 and tech-laden Nasdaq to fresh record highs, and investors are looking for more to keep the rally going. Slightly more than 20% of S&P 500 companies have reported earnings," said Thomas Shipp, Head of Equity Research for LPL Financial. "So far, it appears that results are good enough. The rate of results outpacing earnings expectations is near 90%, with average upside surprises around the historical average of approximately 7% on earnings per share, while about 2% upside on sales is coming in ahead of historical averages of roughly 1.2%." However, investors also are scrutinizing guidance. So far, Shipp said companies seem to be managing tariffs well, feel Trump's mega tax bill will help companes and companies are still planning to spend on artficial intelligence. At 6:20 a.m. ET, futures linked to the blue chip Dow rose 0.09%, while S&P 500 futures added 0.07% and Nasdaq futures fell-0.02%. Corporate news Intel's second-quarter results topped analyts' forecasts but the semiconductor company said it's slashing its workforce by 15% and scrapping plans to spend tens of billions of dollars on new chip facilities in Europe. Deckers Outdoor results topped Wall Street's expectations in the first three months of its fiscal year with help from strong international sales. Its current quarter guidance is mostly in line with the Street's views. Boston Beer reported better-than-expected second-quarter results and said it now expects tariffs to have a more moderate effect on its earnings this year. Paramount Global's $8 billion merger with Skydance received approval from the Federal Communications Commission. Boyd Gaming topped second-quarter estimates. Cryptocurrency Trump's Working Group on Digital Assets has finished its 180-day study and will release it publicly on July 30, said Bo Hines, executive director of president's Council of Advisers on Digital Assets of the White House, in a social media post. Medora Lee is a money, markets, and personal finance reporter at USA TODAY. You can reach her at mjlee@ and subscribe to our free Daily Money newsletter for personal finance tips and business news every Monday through Friday. This article originally appeared on USA TODAY: US stock futures mixed as investors digest more earnings reports Sign in to access your portfolio
USA Today
25-07-2025
- Business
- USA Today
US stock futures mixed as investors digest more earnings reports
U.S. stock futures are mixed as investors digest more earnings reports. Strong earnings and continued spending from Alphabet boosted the broad S&P 500 and tech-laden Nasdaq to fresh record highs, and investors are looking for more to keep the rally going. Slightly more than 20% of S&P 500 companies have reported earnings," said Thomas Shipp, Head of Equity Research for LPL Financial. "So far, it appears that results are good enough. The rate of results outpacing earnings expectations is near 90%, with average upside surprises around the historical average of approximately 7% on earnings per share, while about 2% upside on sales is coming in ahead of historical averages of roughly 1.2%." However, investors also are scrutinizing guidance. So far, Shipp said companies seem to be managing tariffs well, feel Trump's mega tax bill will help companes and companies are still planning to spend on artficial intelligence. At 6:20 a.m. ET, futures linked to the blue chip Dow rose 0.09%, while S&P 500 futures added 0.07% and Nasdaq futures fell-0.02%. Corporate news Cryptocurrency Trump's Working Group on Digital Assets has finished its 180-day study and will release it publicly on July 30, said Bo Hines, executive director of president's Council of Advisers on Digital Assets of the White House, in a social media post. Medora Lee is a money, markets, and personal finance reporter at USA TODAY. You can reach her at mjlee@ and subscribe to our free Daily Money newsletter for personal finance tips and business news every Monday through Friday.
