Sprint, the No.4 U.S. wireless carrier, reported slightly better-than expected revenue as heavy discounts helped it attract the most postpaid subscribers on a net basis for any first quarter in nine years.
The stock market will be bombarded with news next week, giving investors plenty to trade on, as earnings kick into high gear and more than a dozen central banks hold monetary policy meetings.
Jim Bianco, Bianco Research president, and John Lonski, Moody's chief economist, discuss the current market landscape amid 2Q reporting season.
Here's why U.S. equities can keep a record setting pace.
The S&P 500 and the Nasdaq were higher Friday, led by technology and telecom stocks, while the Dow's gains were limited by industrials after GE's disappointing results.
Whirlpool reported revenue declines in its latest quarter as weakness abroad offset U.S. gains.
American Airlines Group Inc's quarterly profit plunged 44 percent, hurt by a big provision for income tax.
Honeywell International cut its full-year sales forecast and reported a lower-than-expected quarterly revenue as sales in its aerospace division unexpectedly declined.
General Electric reported a better-than-expected quarterly profit as revenue from its power business rose.
Schlumberger Ltd, the world's No.1 oilfield services provider, reported a quarterly loss, compared with a profit a year earlier, as it took a charge of $2.57 billion related to asset impairments and job cuts.
AT&T Inc reported a 22.7 percent increase in quarterly operating revenue as it added more television subscribers, helped by its acquisition of DirecTV.
PayPal Holdings Inc on Thursday showed strong growth in its online payments business, meeting Wall Street expectations on earnings and announcing a new partnership with Visa Inc that is expected to bring a significant revenue increase.
Visa Inc , the world's largest payments network operator, reported a steep drop in quarterly profit, hurt by costs related to the acquisition of Visa Europe, and said it would buy back Class A shares worth $5 billion.
Chipotle Mexican Grill Inc reported a bigger-than-expected drop in quarterly comparable restaurant sales as demand continued to be hurt by a spate of food-borne illnesses linked to its outlets.
General Electric may no longer be too big to fail, but its shares might be too rich to keep rallying.
Starbucks Corp's quarterly cafe sales growth missed analysts' estimates, cooling in all major markets and sending shares down almost 5 percent on Thursday.
General Motors has a message for investors: Truck discounts will be short-lived.
U.S. stocks dipped in early afternoon trading on Thursday, after staying flat for most of the morning, as disappointing earnings reports from Intel and others outweighed the handful of promising reports.
Bank of New York Mellon said profit increased in its latest quarter due to lower expenses, but revenue and assets under management both declined.
General Motors, bolstered by strong truck and SUV demand in its core market, posted a 157% increase in net profit in the second quarter compared with the same period a year ago.