Tin tức thì trường

U.S. stock-index futures rose on Friday, as market participants tried to end a tumultuous week on a positive note.

Global Stocks:

(company / ticker / price / change ($/%) / volume)

AT&T (T) downgraded to Sell from Hold at DZ Bank; target $26

Travelers (TRV) downgraded to Underperform from Mkt Perform at Raymond James

Freeport-McMoRan (FCX) reported Q1 FY 2020 loss of $0.18 per share (versus earnings of $0.05 per share in Q1 FY 2019), worse than analysts' consensus estimate of -$0.17 per share.

The company's quarterly revenues amounted to $2.798 bln (-26.2% y/y), missing analysts' consensus estimate of $2.982 bln.

FCX rose to $7.95 (+1.79%) in pre-market trading.

Verizon (VZ) reported Q1 FY 2020 earnings of $1.26 per share (versus $1.20 per share in Q1 FY 2019), beating analysts' consensus estimate of $1.22 per share.

The company's quarterly revenues amounted to $31.810 bln (-1.0% y/y), missing analysts' consensus estimate of $32.366 bln.

The company also issued in-line guidance for FY 2020, projecting EPS of -2%-2%, down from +2-4% prior, to $4.71-4.91 versus analysts' consensus estimate of $4.85.

VZ rose to $57.99 (+0.69%) in pre-market trading.

American Express (AXP) reported Q1 FY 2020 earnings of $1.98 per share (versus $2.01 per share in Q1 FY 2019), beating analysts' consensus estimate of $1.67 per share.

The company's quarterly revenues amounted to $10.310 bln (-0.5% y/y), missing analysts' consensus estimate of $10.671 bln.

AXP rose to $84.47 (2.44%) in pre-market trading.

FXStreet reports that in the opinion of analysts at Charles Schwab, the Energy sector’s high sensitivity to the overall market provides a macroeconomic tailwind if the rally from the March lows continues.

“While we expect high volatility to continue, we think that the S&P 500 Energy sector may have put in at least an intermediate low, particularly as short-term relative strength has been positive.”

“We don’t suggest overweighting the sector at this point. The value characteristics are questionable because of the uncertainty around future earnings revisions, which is weighing on the fundamentals of the sector.”

“Energy sector has already rallied significantly from recent lows, and it is far from clear how long it will take for the oil market to rebalance supply and demand. Therefore, we are maintaining a marketperform rating on the sector for the time being.”

Intel (INTC) reported Q1 FY 2020 earnings of $1.45 per share (versus $0.89 per share in Q1 FY 2019), beating analysts' consensus estimate of $1.27 per share.

The company's quarterly revenues amounted to $19.828 bln (+23.5% y/y), beating analysts' consensus estimate of $18.653 bln.

The company issued mixed guidance for Q2 FY 2020, projecting EPS of approx $1.10 versus analysts' consensus estimate of $1.17 and revenues of approx. $18.50 bln versus analysts' consensus estimate of $17.86 bln. It also did not provide FY 2020 guidance due to significant economic uncertainty.

INTC fell to $56.25 (-4.73%) in pre-market trading.