While CPI and other data have the potential to move the market, we’d argue the commentary from these household financial names could be even more influential.
FedEx hiked its 2023 earnings forecast on Thursday, citing cost-cutting measures that offset continued demand weakness.
Salesforce beat estimates on Wednesday, and activist investor Elliott Management was complimentary after the company showed margin improvement.
The big-box retailer’s results come with higher stakes after missing earnings’ expectations for three consecutive quarters.
Investors will get a slight reprieve next week as Wall Street gets ready to close the books Tuesday on a pretty dismal month.
Block stock rose slightly in extended trading after the payments company reported fourth-quarter revenue and gross profit that beat Wall Street’s expectations.
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