Earnings Report

General Electric Co. (GE) on Friday reported second-quarter earnings of $800 million.

GE reaffirmed its outlook for 2018, saying it continues to expect full-year earnings $1 per share to $1.07 per share.

Major companies tentatively scheduled to post quarterly earnings next week: MONDAY Alphabet Inc. reports quarterly financial results after the market close.

The struggling industrial giant is expected to book a weaker second-quarter profit.

Microsoft Corp. on Thursday reported quarterly profit of $8.9 billion, boosted in part by its efforts to rival Amazon as a key cloud computing provider for retailers and other businesses.

Revenue from server products and cloud services grew 26% in the fiscal fourth quarter.

Union Pacific Corp. hauled in 29 percent more second-quarter profit as the railroad handled 4 percent more shipments, but the results might have been better if not for some operational challenges.

The aluminum producer said it had incurred $15 million in costs related to the tariffs.

The online retailer's efforts to revamp its e-commerce platforms failed to impress investors.

The company reported strong results on higher card-member spending and loan growth.

Revenue rose 3.7% from a year earlier to $20 billion, the company's third consecutive quarter of revenue growth.

On a per share basis, the bank earned $1.30, up from 87 cents per share a year ago.

The growth miss stoked concerns on Wall Street that the streaming giant is nearing a saturation point among consumers.

Texas Instruments Chairman Richard Templeton will replace Brian Crutcher as CEO on a permanent basis, the company said.