Earnings Report

FedEx shares fell after the package delivery company's latest quarterly results showed that revenue dropped for a third straight quarter.

This week: Apple to unveil new VR headset; Lexus, Porsche and Honda to all unveil new cars; Activision to reveal new game; Janet Yellen to testify before Congress.

UBS is reportedly considering delaying its financial results from July 25 to late August due to the complex issues involved in the takeover of Credit Suisse.

Lululemon shares jumped after the activewear company raised its sales and profit forecasts on strong demand for comfortable athletic clothing.

Salesforce reported profit and revenue that topped Wall Street estimates, while the company forecasts the current quarter revenue will top expectations.

Debt ceiling vote, jobs and housing data and Elizabeth Holmes expected to report to jail to serve her 11-year sentence for fraud.

Gap Inc. gave investors unexpected good news posting a surprise quarterly profit on Thursday. Gap's recent restructuring efforts and lower supply chain costs led to a jump in profits.

Dollar Tree Inc. may up its prices in some areas due to theft, the discount retailer's CFO said Thursday. It adjusted its fiscal 2023 outlook for diluted EPS partly due to theft.

Investors to keep tabs on debt ceiling talks, which are expected to restart Monday, as busy week looms for earnings, with Costco, Nvidia, Dick's Sporting Goods, AutoZone set to report.

Walmart raised its outlook for the year after seeing a boost in its grocery and e-commerce business. CEO Doug McMillon said consumer spending remains resilient.

Home Depot's revenue missed expectations Tuesday. However, the home improvement retailer noted that fiscal 2023 was going to be a year of moderation after years of unprecedented growth.

Warren Buffett’s Berkshire Hathaway bought 9.9 million shares valued at $954 million in Capital One Financial Corp, while shedding holdings in other banks.

European Union regulators approved Microsoft’s $69 billion all-cash purchase of video game maker Activision Blizzard. The deal still faces pressure from regulators across the world.

It's going to be another busy week for investors as regional banks continue to wobble, the debt ceiling looms and economic data flows. Corporations are also hosting annual meetings.

The Walt Disney Co.’s quarterly results release Wednesday included increased revenue and net profit boosted by its theme park business but weakness in the streaming service spooked investors.