Aaron McDade

Key Takeaways Amazon reports first-quarter results after the bell Tuesday, with analysts expecting jumps in net sales and profit. CEO Andy Jassy published his annual letter to shareholders earlier this month, expressing his excitement about the future of artificial intelligence (AI) and outlining where Amazon's different divisions could see growth in 2024. Investors and analysts will be watching for updates on the rollout of ads on Prime Video, as well as insights into Amazon's AI plans.

Key Takeaways Google parent Alphabet saw its shares skyrocket in extended trading Thursday after the tech giant reported first-quarter results well above expectations. The company announced its first-ever dividend of 20 cents per share, with the first payment June 17 to shareholders of record as of June 10. Alphabet's board also approved stock buybacks of up to $70 billion.

Key Takeaways GE HealthCare Technologies reports first-quarter earnings before the opening bell Tuesday. Analysts expect GE HealthCare to report year-over-year increases in revenue and net income. In its report for the prior quarter, GE HealthCare suggested it could stand to benefit from its investments in artificial intelligence.

Key Takeaways Chevron reported first-quarter results that showed a year-over-year decline in revenue and income. Analysts had projected the decline in recent weeks, citing lower natural gas prices as a factor that could drag down earnings despite high oil prices. Another of Chevron's main competitors, ExxonMobil, also reported earnings and saw its stock fall slightly premarket Friday.

Key Takeaways ExxonMobil shares fell ahead of markets opening Friday as the company posted larger profit declines than analysts expected. Lower natural gas prices and slimmer margins on refined products impacted the company's margins, but higher-than-expected production from investments like Exxon's operations in Guyana helped boost revenue. Another oil and gas giant, Chevron, also reported earnings Friday and saw its stock slip.

Key Takeaways Eli Lilly is set to report earnings Tuesday as investors and analysts expect weight-loss drug demand to continue boosting the company's revenue and profits. In its Q4 earnings report, Eli LIlly projected that its Zepbound and Mounjaro weight-loss drugs could boost its sales 20% or more in 2024. Investors will likely seek commentary around the production to meet increased demand and Eli Lilly's partnership with Amazon to deliver some of its prescription medications.

Fulton Financial acquired the debt and deposits of Republic First Bank after the first bank failure of 2024.

The Drugmaker Raised Full-Year Revenue Projections by $2 Billion By Aaron McDade

Key Takeaways GE HealthCare shares dropped in early trading Tuesday after the company reported first-quarter results that missed estimates. The medical device manufacturer reported revenue and net income below expectations, as sales in its Imaging, Ultrasound, and Patient Care Solutions segments fell from a year ago. Despite Tuesday's losses, GE HealthCare shares have gained since the start of the year.

Key Takeaways Amazon reported first-quarter earnings after the bell Tuesday that beat analysts' estimates on the back of growth from its Amazon Web Services (AWS) and advertising revenue. Earlier in the day, the company also announced its artificial intelligence (AI) assistant Amazon Q became generally available for its AWS enterprise customers.