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Stocks moving in premarket trading Friday include Amazon, Robinhood, Chevron, Caterpillar and Procter & Gamble.
“We’re realizing significant benefits from an improved cost structure, solid operating performance and low-cost of-supply investments," said CEO Darren Woods
Procter & Gamble posts fiscal fourth-quarter earnings that beat forecasts though cautions of 'headwinds' related to commodities prices impacting future earnings.
See the latest news for the top stocks in the electric vehicle space including Tesla, NIO, General Motors, Lordstown Motors, Li Auto, and more.
Caterpillar posts better-than-expected second-quarter earnings as construction sales surged amid renewed post-pandemic demand.
Amazon shares tumble after missing analysts’ second-quarter revenue forecasts and offering up weaker guidance for the remainder of the year.
“We will resume share repurchases in the third quarter at an expected rate of $2 billion to 3 billion per year," said CEO Mike Wirth.
Amazon's slump is likely to pull the Nasdaq sharply lower Friday, but U.S. stocks will still close out July with another solid monthly gain.
Stock futures are mostly lower as surging cases of the Delta coronavirus variant clouds the growth outlook; Amazon shares fall; Robinhood shares slip again; Tesla could pay a settlement to some Model S owners over battery throttling.
Jim Cramer says it sometimes pays to look past the flash and seek out the stock of solid, dependable companies we all need.