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Fundamental Analysis
Fundamental updates by Solid ECN
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[QUOTE="SOLIDECN, post: 229015, member: 80239"] [HEADING=1]US Stock Futures Waver Amid Mixed Corporate Earnings[/HEADING] [JUSTIFY]Solid ECN - On Tuesday, US stock futures fluctuated around the break-even point, coming off a session in which the S&P 500 and Dow Jones achieved new peaks. Market participants are evaluating a diverse range of corporate financial results. United Parcel Service (UPS) witnessed a premarket decline of over 6% after its full-year revenue projection fell short of expectations. Similarly, Whirlpool experienced a downturn of more than 4%, owing to its lower-than-anticipated sales forecast. In contrast, General Motors shares surged nearly 8% in premarket trading, following the company's announcement of surpassing earnings and revenue expectations and providing an optimistic earnings outlook for the year ahead. Pfizer also saw a modest increase of 0.7% after announcing an earnings per share (EPS) of $0.1, which exceeded the predicted decrease. Additionally, earnings reports from notable companies like Microsoft, Alphabet, Advanced Micro Devices, and Starbucks are anticipated post-market close. Concurrently, the Federal Open Market Committee (FOMC) commences its two-day meeting today.[/JUSTIFY] [/QUOTE]
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