Tech Five: Apple kicks off big earnings day
What more will Verizon share about its deal with Yahoo? Also, Apple helps kick off a big earnings week in tech.
Let's look at tech stocks to watch Tuesday:
Apple. The company is expected to report another down quarter for sales when it shares third quarter results after the bell. Analysts with S&P Global Market Intelligence forecast revenue of $42 billion with earnings of $1.38 per share.
Twitter. Can the social media service finally jumpstart growth? Twitter will share details on growth as part of its second quarter earnings results. Analysts project Twitter will report $607.41 million in revenue.
Verizon. A seven-week workers strike hurt earnings by 7 cents a share, the telecommunications giant revealed Tuesday during its second quarter earnings call. Results arrive the day after Verizon confirmed it acquired the core assets of struggling tech company Yahoo for $4.8 billion.
Amazon. The U.K. Civilian Aviation Authority cleared the retailing giant to start testing drones for delivery. Amazon wants to use the drones to deliver packages up to 5 pounds to customers in under 30 minutes.
Facebook. The social media giant reports second quarter results after the bell Wednesday. Facebook is expected to report earnings of 82 cents a share on $6 billion in revenue.
Follow Brett Molina on Twitter: @brettmolina23.