Topics Trending in the Stock Market on June, 25

June 25, 2019 / By SprinkleBit

Industrial heavyweight FedEx releases quarterly results today. Analysts polled by Bloomberg expect FedEx to report adjusted earnings of $4.83 per share on $17.8 billion in revenue.

Micron is expected to report adjusted earnings of 78 cents per share on $4.68 billion in revenue. The company could lose money by year-end but its stock may be near a bottom, Citi’s Christopher Danely believes. Analyst says long-term investors can ‘nibble’ at stock.

E-commerce giant Amazon announces the opening of the Amazon Professional Beauty Store to offer professional stylists, barbers and aestheticians beauty supplies typically found in salons and spas.

Topics Trending in the Stock Market on June, 24

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