Earnings Report

Fox's Outkick acquisition will up its game in the red hot world of sports betting.

Stock investors eye GM, jobs data and Trump's Facebook ban which was upheld.

Lyft Inc. said demand for rides improved in the first quarter compared with much of last year when the pandemic sunk ridership.

Stock investors are rotating into cyclical names and out of technology.

CVS Health beat Wall Street expectations and after releasing projections earlier this year that disappointed analysts, a new outlook Tuesday exceeds those levels.

Pfizer Inc. significantly increased revenue projections from its Covid-19 vaccine for the year, as sales from the shot over the first three months of 2021 lifted the company to a stronger quarterly profit.

Stocks rise in anticipation of more positive earnings reports set for this week with over 130 companies on the docket.

With the earnings season more than halfway over, most companies in the S&P 500 have surpassed analysts’ profit expectations. As of Friday, results from 87% of those that have reported were better than expected, according to Refinitiv. That is above the historical average of 65% and on pace for the highest share since Refinitiv began tracking the metric in 1994.

A busy earnings week includes GM, Pfizer results as well as the upcoming trial for disgraced former Theranos CEO Elizabeth Holmes.

Berkshire’s net earnings hit $11.7 billion for the first quarter of 2021, up from a $49.7 billion loss a year earlier.

Chairman and CEO Warren Buffett, Vice Chairman Charlie Munger and other executives will address Berkshire shareholders and answer their questions virtually for the second year in a row because of the COVID-19 pandemic.

Exxon Mobil reported a quarterly profit of $2.73 billion, despite facing major spending reductions as a result of the pandemic.