{"id":40105,"date":"2023-07-25T05:16:16","date_gmt":"2023-07-25T09:16:16","guid":{"rendered":"https:\/\/ifintechworld.com\/markets\/f5-logitech-cadence-design-ge-gm-microsoft-alphabet-and-more-market-movers\/"},"modified":"2023-07-25T05:16:17","modified_gmt":"2023-07-25T09:16:17","slug":"f5-logitech-cadence-design-ge-gm-microsoft-alphabet-and-more-market-movers","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=40105","title":{"rendered":"F5, Logitech, Cadence Design, GE, GM, Microsoft, Alphabet, and More Market Movers"},"content":{"rendered":"
\n
<\/p>\n
<\/p>\n<\/figure><\/div>\n

Stock futures suggested a slightly higher start for markets Tuesday\u00a0with Wall Street preparing for the start of the two-day Federal Reserve meeting and earnings reports from some of the biggest U.S. corporations.<\/p>\n

These stocks were poised to make moves Tuesday:\u00a0<\/p>\n

\n

F5 (FFIV), the cloud security company, reported fiscal third-quarter earnings of $3.21 on revenue of $702.6 million. Analysts had been estimating earnings of $2.86 a share on revenue of $698.9 million. Shares jumped 10% in premarket trading.<\/p>\n

\n Logitech International
\n (LOGI), the computer peripherals maker, jumped 5.2% after beating fiscal first-quarter earnings estimates and hiking its guidance.<\/p>\n

\n Cadence Design Systems
\n (CDNS) raised its forecast for the year, saying it expects earnings of $5.05 to $5.11 a share on revenue of $4.05 billion to $4.09 billion. Wall Street expects earnings for the year of $5.03 a share on revenue of $4.06 billion. The stock fell 4.5%.<\/p>\n

\n NXP Semiconductors
\n (NXPI) beat analysts\u2019 second-quarter earnings and revenue expectations and the Netherlands-based chip maker forecast third-quarter profit of $3.39 to $3.82 a share vs. expectations of $3.44 a share. The stock rose 2.3% in premarket trading.<\/p>\n

\n Walmart
\n (WMT) was upgraded to Overweight from Neutral at
\n Piper Sandler
\n with a price target of $210, the Fly reported. Shares of the world\u2019s largest retailer rose 1.3% to $161.35 in premarket trading.<\/p>\n

\n General Electric
\n (
\n GE
\n ) is expected by analysts to report second-quarter earnings of 46 cents a share on sales of $14.8 billion. A year earlier, GE posted profit of 61 cents a share on revenue of $17.9 billion. The stock has risen 68% this year, buoyed by a\u00a0recovery\u00a0in global air travel and improving profitability in its power division. GE is scheduled to report earnings before the stock market opens Tuesday.<\/p>\n

\n General Motors
\n (GM) also is scheduled to post quarterly results before Wall Street begins its day. The auto maker is forecast to report second-quarter earnings of $1.87 a share on sales of $42.1 billion. In the year-earlier quarter, GM reported adjusted earnings of $1.14 a share on sales of $35.8 billion. Sales and earnings are expected to improve as supply-chain issues that have plagued the auto industry for years, such as the lack of semiconductors, ease. <\/p>\n

The fiscal fourth-quarter report from software giant
\n Microsoft
\n (MSFT) is scheduled for after the stock market closes Tuesday. investors will be zeroed in on the outlook for the company\u2019s Azure cloud computing arm and its rapidly expanding work on artificial intelligence.<\/p>\n

Moves into artificial intelligence also will be watched by analysts and investors when
\n Alphabet
\n (GOOGL), the parent of Google, posts earnings after the closing bell. Investors also will be monitoring signs of improvement in the advertising market and cloud spending trends.<\/p>\n

Other companies scheduled to report earnings on a busy Tuesday include
\n Verizon Communications
\n (VZ),
\n 3M
\n (MMM),
\n Visa
\n (V),
\n Texas Instruments
\n (TXN),
\n RTX
\n (RTX), the former Raytheon Technologies,
\n Biogen
\n (BIIB),
\n Dow Inc.
\n (DOW),
\n Spotify Technology
\n (SPOT), and
\n Waste Management
\n (WM).<\/p>\n

Write to Joe Woelfel at\u00a0joseph.woelfel@barrons.com\u00a0<\/p>\n<\/p><\/div>\n<\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Stock futures suggested a slightly higher start for markets Tuesday\u00a0with Wall Street preparing for the start of the two-day Federal Reserve meeting and earnings reports from some of the biggest U.S. corporations. These stocks were poised to make moves Tuesday:\u00a0 F5 (FFIV), the cloud security company, reported fiscal third-quarter earnings of $3.21 on revenue of […]<\/p>\n","protected":false},"author":1,"featured_media":32170,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"gallery","meta":{"footnotes":""},"categories":[241],"tags":[83],"class_list":["post-40105","post","type-post","status-publish","format-gallery","has-post-thumbnail","hentry","category-markets","tag-featured","post_format-post-format-gallery"],"yoast_head":"\nF5, Logitech, Cadence Design, GE, GM, Microsoft, Alphabet, and More Market Movers | iFintechWorld<\/title>\n<meta name=\"description\" content=\"Stock futures suggested a slightly higher start for markets Tuesday\u00a0with Wall Street preparing for the start of the two-day Federal Reserve meeting and\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link 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