Earnings Report

Modelo Especial is the top-selling beer in the U.S. in terms of sales dollars in June. It marks the second month in a row that the Mexican lager has held this spot.

Walgreens slashed its annual earnings guidance as it continues to face waning demand for COVID vaccines and testing, which is cutting into its profits.

FedEx shares fell after the package delivery company's latest quarterly results showed that revenue dropped for a third straight quarter.

This week: Apple to unveil new VR headset; Lexus, Porsche and Honda to all unveil new cars; Activision to reveal new game; Janet Yellen to testify before Congress.

UBS is reportedly considering delaying its financial results from July 25 to late August due to the complex issues involved in the takeover of Credit Suisse.

Lululemon shares jumped after the activewear company raised its sales and profit forecasts on strong demand for comfortable athletic clothing.

Salesforce reported profit and revenue that topped Wall Street estimates, while the company forecasts the current quarter revenue will top expectations.

Debt ceiling vote, jobs and housing data and Elizabeth Holmes expected to report to jail to serve her 11-year sentence for fraud.

Gap Inc. gave investors unexpected good news posting a surprise quarterly profit on Thursday. Gap's recent restructuring efforts and lower supply chain costs led to a jump in profits.

Dollar Tree Inc. may up its prices in some areas due to theft, the discount retailer's CFO said Thursday. It adjusted its fiscal 2023 outlook for diluted EPS partly due to theft.

Investors to keep tabs on debt ceiling talks, which are expected to restart Monday, as busy week looms for earnings, with Costco, Nvidia, Dick's Sporting Goods, AutoZone set to report.

Walmart raised its outlook for the year after seeing a boost in its grocery and e-commerce business. CEO Doug McMillon said consumer spending remains resilient.