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U.S. equities were up at midday on Friday, July 21, 2023 and on track for a winning week, powered by strong earnings news.
Trucker Knight-Swift Transportation and railroad operator CSX reported second-quarter numbers late Thursday. The stocks are going in opposite directions on Friday, but the message both delivered about

CSX reports 2Q revenue miss as volumes decline

09:32am, Friday, 21'st Jul 2023
CSX Corporation (NYSE:CSX) shares were set to open lower on Friday after the transportation company posted revenue that fell short of expectations after the closing bell on Thursday.  The Jacksonvil

5 Things to Know Before Markets Open

07:50am, Friday, 21'st Jul 2023
Big Tech firms including Amazon, Alphabet, Meta, and Microsoft agreed to AI safeguards brokered by the White House and shares of railroad operator CSX fell after it missed on revenue projections. Here
Peloton Interactive shares topped a gently upbeat leaderboard early Friday, gaining nearly 4% on decent premarket volume. The fitness group is due to publish earnings next month as management strives
Brandon Oglenski, Barclays senior equity analyst, joins 'Closing Bell Overtime' to talk quarterly results from CSX and Knight-Swift.
CSX Corporation (NASDAQ:CSX ) Q2 2023 Earnings Conference Call July 20, 2023 4:30 PM ET Company Participants Matthew Korn - Head of Investor Relations Joe Hinrichs - President and Chief Executive Offi
The Dow gained +163 points on the session, +0.47% - for the ninth-straight trading day higher.

CSX (CSX) Q2 Earnings Match Estimates

06:55pm, Thursday, 20'th Jul 2023
CSX (CSX) came out with quarterly earnings of $0.49 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.50 per share a year ago.
While the top- and bottom-line numbers for CSX (CSX) give a sense of how the business performed in the quarter ended June 2023, it could be worth looking at how some of its key metrics compare to Wall

Why 2 Key Stocks Dropped After Hours Thursday

06:15pm, Thursday, 20'th Jul 2023
Markets were mostly lower, although the Dow gained ground. CSX stock fell as the railroad industry faced some challenges.
CSX Corp. shares fell after hours Thursday after the railroad operator reported second-quarter sales that missed expectations, dragged by lower fuel and coal prices and weaker shipping volumes.
Before U.S. markets opened on Wednesday, Carvana Co. (NYSE: CVNA) reported quarterly results earlier than originally planned.
Let us look at three transportation companies, AAL, CSX & KNX, which are gearing up for their second-quarter 2023 earnings release.
JPMorgan Chase & Co. Chief Executive Jamie Dimon on Friday said the U.S. economy was basically doing OK, even if customers were spending “a little more slowly.”
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