Reply To: Traders Market Weekly: Fed, Inflation and Profit Warnings

#43750
TradersCom
Keymaster

After-Hours
Bowlero (BOWL) reports JunQ results, beats on revs… BOWL up 6.0%
FedEx (FDX) guides 1Q23 EPS well below consensus and guides Q2 EPS and revenue below consensus, citing global volume softness, particularly due to macroeconomic weakness in Asia and service challenges in Europe; also withdraws FY23 earnings guidance… FDX down 15.1%
Roblox (RBLX) reports August metrics – Daily active users were 59.9 million, up 24% yr/yr… RBLX down 2.0%
Texas Instruments (TXN) raises its quarterly dividend 8% to $1.24/share, payable November 15; authorizes an additional $15 bln for share repurchases… TXN up 0.8%

Fair Value for Friday, September 16th:
S&P 500: 3,919
Nasdaq 100: 12,002
DJIA: 31,058