5 Stocks To Watch For August 2, 2021

Some of the stocks that may grab investor focus today are:

  • Wall Street expects Global Payments Inc GPN to report quarterly earnings at $1.89 per share on revenue of $1.85 billion before the opening bell. Global Payments shares rose 0.3% to $194.00 in after-hours trading.
  • Square Inc SQ reported that it saw “significant growth” in Bitcoin revenue during the second quarter. The company said Bitcoin revenue rose 3x year-over-year to $2.72 billion in the second quarter of 2021, while gross profit from the apex cryptocurrency was $55 million, or nearly 2% of Bitcoin revenue. The company also announced plans to purchase the “buy now, pay later” service provider Afterpay Limited, which is publicly listed in Australia. Square shares slipped 0.5% to $246.00 in the after-hours trading session.
  • Analysts expect ON Semiconductor Corp ON to post quarterly earnings at $0.49 per share on revenue of $1.62 billion before the opening bell. ON Semiconductor shares rose 0.5% to $39.25 in after-hours trading.

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  • Marin Software Inc MRIN reported an adjusted loss of $0.21 per share for the second quarter, versus a year-ago loss of $0.36 per share. Its net revenues dropped 16% year-over-year to $6.1 million. Marin Software shares tumbled 14.7% to $7.06 in the after-hours trading session.
  • Analysts are expecting Mosaic Co MOS to have earned $0.95 per share on revenue of $2.82 billion for the latest quarter. The company will release earnings after the markets close. Mosaic shares slipped 0.1% to $31.20 in after-hours trading.

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