The second quarter earnings season officially kicks off as Wall Street digests the latest bank earnings from JPMorgan (JPM), Citigroup (C), and Wells Fargo (WFC). The major indexes (^DJI,^GSPC, ^IXIC) are rallying despite a hotter-than-expected June Producer Price Index report. Meanwhile, shares of AT&T (T) are slipping after the telecom giant revealed that “nearly all” cell customers’ call and text message records were accessed in a massive data breach in 2022. Shares of Snowflake (SNOW) are also falling as AT&T indicated the third-party cloud provider was targeted. Other trending tickers on Yahoo Finance include Rivian (RIVN), Lucid Group (LCID), and ChargePoint (CHPT).
Key guests include:
3:00 p.m. ET – Eric Freedman, U.S. Bank Asset Management Group Chief Investment Officer
3:30 p.m. ET – Alex Morris, F/m Investments CEO
4:00 p.m. ET – Paul Hickey, Bespoke Investment Group Co-Founder
4:30 p.m. ET – Isaac Stone Fish, Strategy Risks Founder and CEO
Banks kick off Q2 earnings season, AT&T reports data breach: Yahoo Finance #Banks #kick #earnings #season #ATT #reports #data #breach #Yahoo #Finance
Source Link: https://finance.yahoo.com/video/banks-kick-off-q2-earnings-173753333.html
Banks kick off Q2 earnings season, AT&T reports data breach: Yahoo Finance – Journal Important Web
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