What You Missed On Wall Street On Tuesday
The major averages finished broadly higher as technology shares led gains ahead of a stretch of earnings from some of the market's largest companies. The focus this week is on corporate earnings, with Alphabet, Tesla, IBM and Intel all set to report in the coming days. Investors are looking for signs that spending on artificial intelligence continues to translate into revenue growth and profitability after recent volatility in chip stocks raised questions about lofty valuations across the sector. Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1. STOCK NEWS: General Motors (GM) reported better-than-expected Q2 results and raised its FY26 adjusted earnings guidance 3M (MMM) provided a "beat and raise" report for Q2 Hasbro (HAS) also provided a "beat and raise" report for Q2 Novo Nordisk (NVO) is suing Eli Lilly (LLY) over "misleading" GLP-1 ads Intersnack Group agreed to acquire Utz Brands (UTZ) for $14.25 per share in cash 2. WALL STREET CALLS: Adobe (ADBE) downgraded to Underweight at Morgan Stanley Five Below (FIVE) upgraded to Outperform at Bernstein Salesforce (CRM) downgraded to Equal Weight at Morgan Stanley Ralph Lauren (RL).
The major averages finished broadly higher as technology shares led gains ahead of a stretch of earnings from some of the market's largest companies.
The focus this week is on corporate earnings, with Alphabet, Tesla, IBM and Intel all set to report in the coming days.
Investors are looking for signs that spending on artificial intelligence continues to translate into revenue growth and profitability after recent volatility in chip stocks raised questions about lofty valuations across the sector.
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.
1.
STOCK NEWS: General Motors (GM) reported better-than-expected Q2 results and raised its FY26 adjusted earnings guidance 3M (MMM) provided a "beat and raise" report for Q2 Hasbro (HAS) also provided a "beat and raise" report for Q2 Novo Nordisk (NVO) is suing Eli Lilly (LLY) over "misleading" GLP-1 ads Intersnack Group agreed to acquire Utz Brands (UTZ) for $14.25 per share in cash 2.
WALL STREET CALLS: Adobe (ADBE) downgraded to Underweight at Morgan Stanley Five Below (FIVE) upgraded to Outperform at Bernstein Salesforce (CRM) downgraded to Equal Weight at Morgan Stanley Ralph Lauren (RL).