First up: Ford's third quarter numbers. If history is any indication, the stock reaction could be volatile. Last quarter the stock fell 7% after the company missed estimates, while in the first quarter the stock gained nearly 11% the day after earnings.
Investors will be looking for an update on the company's autonomous vehicle fleet, which the company hopes to roll out by the end of 2021. Analysts are expecting a loss of 46 cents per share, and $6.43 billion in sales, according to estimates from FactSet. "Microsoft continues to benefit from its strong positioning across major secular compute themes ... This, coupled with a constructive IT environment, strong execution, and expense discipline, should enable operating profit ... generation to outpace revenue growth in coming quarters and upside to current FY20E estimates," Stifel analyst Brad Reback said in a note to clients. He's expecting the tech company to post earnings of $1.26 and $32.
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