JPMorgan, Morgan Stanley, Tesla, TSMC And More: U.S. Stocks To Watch

Benzinga2022-07-14

With the US stock futures trading lower this morning on Tuesday ahead of earnings from big banks, some of the stocks that may grab investor focus today are as follows:

  • Wall Street expects Morgan Stanley (NYSE:MS) to report quarterly earnings at $1.55 per share on revenue of $279.73 billion before the opening bell. Morgan Stanley shares fell 0.6% to $74.50 in premarket trading Thursday.
  • Analysts are expecting JPMorgan Chase & Co. (NYSE:JPM) to have earned $2.91 per share on revenue of $31.95 billion for the latest quarter. The company will release earnings before the markets open. JPMorgan shares fell 0.3% to $111.56 in premarket trading Thursday.
  • America’s first leveraged single-stock ETFs will debut Thursday. AXS Investments is launching eight exchange-traded funds that allow investors to make inverse or leveraged bets on single companies such as Tesla Inc. (NASDAQ:TSLA), Nvidia Corp. and PayPal Holdings Inc. Tesla shares fell 1.1% to $703.27 in premarket trading Thursday.
  • Taiwanese chip maker TSMC (NYSE:TSM) posted a 76.4% rise in second-quarter net profit on Thursday on sustained demand for semiconductors amid a continued global shortage.  TSMC shares gained 2.3% to $83.12 in premarket trading Thursday.
  • The U.S. Food and Drug Administration granted emergency use authorization to Novavax, Inc’s (NASDAQ:NVAX) lead candidate Adjuvanted (NVX-CoV2373) COVID-19 Vaccine for individuals 18 years of age and over. Novavax shares fell 1.5% to $68.93 in premarket trading Thursday.
  • Azenta, Inc. (NASDAQ:AZTA) said it sees preliminary adjusted earnings of $0.08 to $0.12 per share on sales of $133 million for the third quarter. Azenta shares dipped 9.6% to $67.05 in the after-hours trading Wednesday.
  • Analysts expect Conagra Brands, Inc. (NYSE:CAG) to report quarterly earnings at $0.63 per share on revenue of $2.93 billion before the opening bell. Conagra shares fell 0.4% to $35.60 in after-hours trading Wednesday.
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