Aaron McDade

Key Takeaways Tesla reported second-quarter profits fell 45% from a year ago, despite a 2% bump in revenue. The electric vehicle maker said the average selling price for its vehicles fell compared to last year, while costs from its projects in the artificial intelligence space rose. Tesla did not provide a new date in the earnings report for its robotaxi debut event, after CEO Elon Musk said last week that it has been delayed.

Thermo Fisher posted a second-quarter earnings beat Wednesday as year-over-year profits jumped despite nearly flat revenue. The company also lifted its full-year guidance for revenue and adjusted earnings per share (EPS). Despite the earnings beat, Thermo Fisher shares slipped in premarket trading.

GE Vernova CEO Scott Strazik (3rd R) rings the opening bell at the New York Stock Exchange April 2, 2024, in New York City. TIMOTHY A. CLARY / AFP via Getty Images

Key Takeaways Southwest Airlines is abandoning its longtime policy of open seating, announcing plans Thursday "to assign seats and offer premium seating options" amid a push to "increase revenue opportunities." The airline also said it will start operating overnight flights starting in February 2025.

RTX showcases aerospace and defense capabilities to guests on an immersive 360 degree screen during the Farnborough International Airshow 2024 at Farnborough International Exhibition and Conference Centre on July 23, 2024 in Farnborough, England. John Keeble / Getty Images

Key Takeaways Eli Lilly and Novo Nordisk shares lost ground Thursday, while shares of Viking Therapeutics soared after the company reported advances in trials of its weight-loss drugs. The progress of Viking's weight-loss drugs could challenge the dominance of Novo Nordisk's Wegovy and Eli Lilly's Mounjaro. Surging demand for weight-loss drugs has helped boost the earnings and stock prices of drugmakers like Eli Lilly and Novo Nordisk over the last year.

Key Takeaways McDonald's is set to report earnings Monday morning, with analysts projecting improved revenue but lower profits than the same period last year. Reports earlier this week indicated that the value meal McDonald's launched last month has been successful, with the company planning to extend the promotion.

Proven CPG Leader to Lead Next Chapter of Growth for Major Wine Industry Player

Key Takeaways Footwear company Deckers Brands saw its stock surge Friday, a day after reporting results that surpassed analysts' expectations. Rising sales of popular brands like Hoka and Uggs powered the footwear company's revenue beat. The company has a CEO change coming up next week, and shareholders are set to vote on a potential stock split at the company's annual meeting in September.

Key Takeaways Amazon reports earnings after the bell Thursday, with analysts expecting 11% revenue growth and a 65% bump in net profits. Advertising and AWS are expected to be sources of growth for the tech and retail giant. The company could also provide updates on Prime Day, and how the sales event could impact third-quarter results.