Earnings Report

Disappointing earnings reports from Microsoft and other major companies pushed Wall Street lower on Friday, overshadowing a surge in oil prices which lifted energy shares.

Hasbro reported first quarter 2016 earnings this week.

On Thursday, LinkedIn will report first-quarter results.

Image source: Halliburton Company.

AutoNation CEO Mike Jackson warned on Friday that automakers are “overly optimistic” in their sales goals, citing weaker retail demand in the first quarter.

With first-quarter earnings season well underway, Scott Martin, United Advisors chief market strategist, said investors should exercise caution when looking for opportunities to get into the market.

Having previously outlined that growth would be back-end-loaded in 2016, France-based 3D software company was under pressure to deliver in its first-quarter results.

Image source: Southwestern Energy investor presentation.

Image: Panera Bread.

Verizon (NYSE: VZ) added customers and increased its earnings per share (EPS) from $1.02 in last year's first quarter to $1.06 in the same period for 2016 -- a 3.9% gain.

Indian Motorcycle is growing at a faster rate than its motorcycle rivals, a welcome sign for Polaris as it seeks growth in the U.S. and beyond.

Alphabet's shares fell 4.3 percent to $747.36 in early trading on Friday after the company's earnings fell short of estimates, largely because it spent more to build traffic for its mobile advertising services.

Shares of McDonald's Corp. surged 2.3% in premarket trade Friday, after the fast-food giant reported first-quarter profit and sales that beat expectations.

American Airlines reported a first-quarter profit on Friday that exceeded analysts' estimates as cheap fuel continued to prop up its bottom line.

Honeywell International posted a 6.3 percent rise in quarterly profit, helped by higher sales in its automation and climate control systems division, and the company raised the low end of its full-year earnings forecast.

Starbucks posted quarterly cafe sales that missed analysts' growth estimates for every region where it operates and issued a disappointing full-year forecast, sending its shares down about 4 percent.

Japanese electronics giant Sony said on Friday it would delay announcing earnings forecasts for this business year as it continues to assess the impact of the powerful earthquakes that have halted its image sensor plant in southern Japan.

Microsoft Corp. said its earnings declined 25% in the third quarter, as the company reported lower operating profits across several of its business lines.

Under Armour's quarterly sales jumped 30% as the company's new sport shoes endorsed by NBA star Stephen Curry and golfer Jordan Spieth were a big hit with customers.