Pinterest, AMD, BP and Caterpillar: U.S. Stocks To Watch
Benzinga2022-08-02
- Wall Street expects Caterpillar Inc. to report quarterly earnings at $3.01 per share on revenue of $14.38 billion before the opening bell. Caterpillar shares rose 1% to $196.85 in after-hours trading.
- Pinterest, Inc. reported weaker-than-expected earnings for its second quarter on Monday. However, Pinterest shares rose sharply in after-hours trading after Elliott Investment Management announced they are now Pinterest's largest investor. Pinterest shares jumped 21.4% to $24.27 in the after-hours trading session.
- Analysts are expecting Advanced Micro Devices, Inc. to have earned $1.03 per share on revenue of $6.53 billion for the latest quarter. The company will release earnings after the markets close. AMD shares rose 0.6% to $97.40 in after-hours trading.
- ZoomInfo Technologies Inc. reported better-than-expected results for its second quarter and also raised its revenue guidance for FY22. ZoomInfo shares surged 11.3% to $42.00 in the after-hours trading session.
- BP Plc boosted its dividend after reporting a sharp rise in profits for the second quarter. The company also announced plans to repurchase $3.5 billion of shares over the next three months. BP shares rose 1.5% to $29.48 in the after-hours trading session.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
