Marriott International IncMarriott beat earnings estimates by 4.25%
The busiest week of Q2 earnings season coincides with a critical Jobs Week that includes JOLTS, ADP private-sector payrolls, and the non-farm payrolls report. Pre-market futures are mixed, with the Dow up 550 points, the Nasdaq down 50 points, and the S&P 500 up 24 points, while oil prices fell to $79 per barrel for WTI and $83 for Brent after the Trump administration called off attacks on Iran. Tyson Foods missed estimates by 3.9% with earnings of $0.99 per share versus $1.03 expected, while Marriott beat by 4.25% at $3.19 per share against a $3.06 estimate, and Mitsubishi UFJ posted a 32% positive surprise at $0.45 per share compared to $0.34 projected. Key reports this week include SpaceX and AMD on Tuesday, Disney and Sandisk on Wednesday, and Airbnb on Thursday, with Palantir and ON Semiconductor reporting after today's close. JOLTS is expected to show 7.5 million job openings for June, ADP private payrolls are forecast to cool to 75,000 for July from 98,000, and the non-farm payrolls report is anticipated to rebound to 85,000 new jobs with the unemployment rate ticking up to 4.3%.
Marriott International IncMarriott beat earnings estimates by 4.25%
Airbnb Inc
DoorDash, Inc. Class A Common Stock
ON Semiconductor Corporation
Sandisk CorpBeat estimates by 32%.
Tyson Foods IncMissed earnings estimates by 3.9%.
Advanced Micro Devices Inc
Walt Disney Company
Palantir Technologies Inc.
Uber Technologies Inc