Earnings Report

The company said it was withdrawing its earnings per share targets for 2020.

Comcast gained 477,000 broadband subscribers in the first quarter, and revenue grew 9.3 percent.

The Chicago-based fast-food chain reported first-quarter profit fell 16 percent to $1.1 billion, or $1.47 a share, on revenue of $4.71 billion.

Twitter Inc on Thursday said that its ads sales had slightly rebounded in Asia after a plunge due to the coronavirus outbreak and that it had accelerated work on tools to attract key advertisers, becoming the latest tech company to report a lighter blow from the pandemic than forecast.

The doughnut and coffee chain withdrew its 2020 guidance and said it is suspending its quarterly dividend and share-buyback programs.

CEO Mark Zuckerberg said Facebook has seen more engagement amid the pandemic.

The company said sales rose 15 percent to $35 billion in the third quarter, bolstered by strong results in its cloud-computing business.

More positive news on Gilead's COVID-19 drug remdesivir is juicing stocks.

C.H. Robinson furloughing 7% of workers in U.S. and Canada to mitigate pressures caused by COVID-19.

Tupperware on Wednesday said it generated sales of $375.9 million for the first quarter, down from $487.3 million a year earlier.

Spotify said its data indicate morning routines have changed, and every day looks more like the weekend, with fewer people commuting to work.

Mastercard Inc. President Michael Miebach said contactless transactions increased 40% worldwide in the quarter that ended in March, and he expects those habits to last.

Blue Apron's prospects have brightened since the end of the quarter, with sales rising as people shelter at home during the COVID-19 pandemic.

Boeing lost $641 million as COVID-19 and the grounding of the 737 MAX aircraft significantly impacted business.

The comparatively small number of companies driving the S&P 500's rally is a worrying sign for investors.

The Boston-based conglomerate earned $6.16 billion, or 72 cents a share, as total revenues fell 8 percent to $20.52 billion.

Adjusted earnings per share came to 57 cents, below the FactSet consensus of 66 cents.

Boeing and Microsoft will report earnings on Wednesday

The Dearborn, Michigan-based automaker said its “mobility” segment – which includes the autonomous vehicle program – operated at a $368 million loss for the quarter.

Google, YouTube and cloud-based services drove Alphabet to a 13 percent revenue gain, the slowest growth the company has seen in more than four years as the coronavirus pandemic spread around the world.