5 things to know before the stock market opens Friday
Publishing timestamp: 2023-04-28 07:53:19
Summary
The article discusses the latest batch of tech earnings and quarterly results, including Amazon's cloud outlook, Intel's biggest quarterly loss, Bed Bath & Beyond's store closures, and ExxonMobil's record profit for the first quarter. While companies are doing well against Wall Street's expectations this earnings period, they're not exactly wowing investors. However, retail space in strip malls and shopping centers is a hot commodity, and the Bed Bath & Beyond locations that are closing could become mega gyms, dollar stores, or be split among multiple businesses.
Sentiment: MIXED
Tickers: BBBY, SBUX, CVX, F, XOM, AMZN, WBD, INTC,
Keywords: ford motor co, economy, warner bros discovery inc, starbucks corp, intel corp, business, markets, bed bath & beyond inc, business news, chevron corp, investment strategy, exxon mobil corp, amazon.com inc,
Source: https://www.cnbc.com/2023/04/28/5-things-to-know-before-the-stock-market-opens-friday-april-28.html