Key Stock Market Stories for Tuesday: Earnings Reports and Sector Performance
Carnival, FedEx, and Cerebras Systems are set to report earnings on Tuesday, with Carnival's shares up 25% in the past three months but down from a February high. The S&P Communication Services sector fell nearly 4%, led by declines in Netflix (-6%), Fox (-5.4%), and Alphabet (-5%). Amazon Prime Day is expected to drive retail activity despite lower consumer interest compared to last year.
Tickers: $AMZN $CCL $CERS $FDX $FOXA $GOOGL $MMM $NFLX
Topics: Amazon Prime Day Carnival Cerebras Systems Communication Services sector FedEx