Amazon reported sharply lower earnings, but its results were good enough for at least five analysts to raise their price targets for Amazon’s stock. Boeing’s net beat estimates and it’s sticking with its production plans for the 787 Dreamliner, despite the current grounding of the fleet worldwide.
The first peak week of second-quarter earnings season was just what the market ordered, thanks to some beat-and-raise reports from Dow blue chips. This week has more such big-name results on tap. And again, investors will be looking closely for top-line revenue growth.