Marriott Stock Falls Amid Middle East Challenges; American Bitcoin Reports Loss
Earnings reports continue to drive market activity, with several major companies set to release their results this week. Palantir (PLTR), SpaceX (SPCX), and AMD (AMD) are among the key names expected to report after Monday's close. Meanwhile, Marriott International Inc. (MAR) saw its stock fall due to challenges in the Middle East region affecting performance. In another development, American Bitcoin ETF (ABTC), backed by the Trump brothers, swung into a loss for the quarter. The broader market is anticipating strong earnings from the S&P 500 index, with FactSet projecting year-over-year growth of 47.5% in Q2 — well above historical averages. Investors are closely watching upcoming reports from Tyson Foods (TSN), ON Semiconductor Corporation (ON), Caterpillar Inc. (CAT), McDonald's Corp. (MCD), Eli Lilly & Co. (LLY), and Novo Nordisk A/S (NVO) as the earnings season progresses.
Tickers: $AMD $CAT $LLY $MAR $MCD $NVO $ON $PLTR $SPCX $TSN
Topics: Earnings S&P 500 Stock Market