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.