Morning Call

Amazon shares are rising on an earnings beat, while Apple shares are falling following another quarter of revenue declines. CFRA’s Arun Sundaram and Synovus Trust’s Dan Morgan discuss. Plus, the monthly jobs report is out today, with economists expecting employers to have added 200,000 net new jobs last month. ZipRecruiter’s Julia Pollak explains. And, Saudi Arabia is extending its oil output cut of one million barrels per day through September. Energy Intelligence’s Amena Bakr breaks down the impact on energy prices. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Apple and Amazon report earnings today following a heavy sell-off in the tech sector yesterday. Neuberger Berman's Daniel Flax and R5 Capital's Scott Mushkin preview the results. Plus, the markets are still digesting Fitch's downgrade of the U.S.' credit rating. RBC Brewin Dolphin's Janet Mui and Bondbloxx's Joanna Gallegos discuss. And, what's in store for the trading day ahead? UBS Private Wealth Management's Alli McCartney weighs in. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Markets are lower after Fitch Ratings downgraded the U.S. credit rating from AAA to AA+. WisdomTree's Aneeka Gupta and Evans May Wealth's Brooke May discuss. Plus, Starbucks shares are dipping after a mixed second quarter. Bank of America's Sara Senatore explains. And, it's been a mixed picture for restaurants this earnings season. First Watch CEO Chris Tomasso weighs in on what he's seeing with his business. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Uber reports earnings this morning amid a rally for the stock so far this year. D.A. Davidson's Tom White lays out his expectations. Plus, investors are gearing up for the start of a new trading month. Potomac Wealth Advisors' Mark Avallone and Crossmark Global Investments' Victoria Fernandez discuss. And, halfway through earnings season, commentary on the state of the American consumer remains mixed. Storch Advisors' Gerald Storch explains. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Markets kick off the busiest week of earnings season with a key focus on Apple and Amazon. Wedbush’s Dan Ives previews the results. Plus, China stocks are higher on hopes of a government-backed economic stimulus. KraneShares’ Brendan Ahern discusses. And, what’s in store for the final trading day of the month? Delancey Wealth Management’s Ivory Johnson and Matrix Asset Advisors’ David Katz weigh in. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Intel is sharply higher this morning after reporting second quarter results that topped estimates. Counterpoint Research's Akshara Bassi breaks down the results. Plus, Ford is pushing back production targets for its electric vehicles and recalling more than 870,000 F-150 trucks in the U.S. Wall Street Journal's Tim Higgins discusses. And, oil prices are lower this morning after briefly trading above $80 for the first time since April. Again Capital's John Kilduff explains the moves. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Meta shares are popping after the company reported an 11% increase in revenue. Cleo Capital’s Sarah Kunst breaks down the results. Plus, PJM Interconnection has declared a Level 1 emergency ahead of what’s expected to be this summer’s first major northeastern heatwave. Keybanc’ Sophie Karp explains the impact on utility stocks. And, McDonald’s reports earnings today following Chipotle’s mixed quarter, where it warned of cost pressures ahead. Bank of America’s Sara Senatore discusses the restaurant sector. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Wall Street is bracing for the latest monetary policy decision by the Federal Reserve, where a 25 basis point increase is all but certain to come. Milken Institute’s William Lee discusses. Plus, Microsoft and Alphabet shares are heading in opposite directions following yesterday’s earnings reports. Clockwise Capital’s James Cakmak breaks down the results. And, outside of traditional assets, are REITS a good long-term investment? Mizuho’s Haendel St. Juste weighs in. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

The Federal Reserve kicks off its latest policy decision meeting today, where it’s widely expected to resume its historic rate hiking campaign. The New York Times’ Jeanna Smialek discusses. Plus, Microsoft and Alphabet kick off earnings season for mega-cap tech this week. Hargreaves Landsdown’s Sophie-Lund Yates previews the results. And, UPS and the Teamsters are headed back to the negotiating table with less than a week to go until the deadline. Pitney Bowes EVP Gregg Zegras gives his industry take on the situation. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

The U.S. economy is bracing for what could be the costliest labor strike in a century between UPS and more than 300 thousand union workers. Bernstein’s David Vernon describes the stock impact. Plus, outside the typical sectors, emerging markets may be an up-and-coming play. Morgan Stanley’s Amy Oldenburg explains. And, this weekend’s “Barbenheimer” premiere gave the summer box office and movie theaters a major boost. Wedbush’s Alicia Reese discusses what’s to come. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.