Alphabet (GOOGL) made the biggest splash, spiking more than 12 percent to new record highs. The search giant benefited from a stay-at-home boom in online advertising. But a lot more is going on.
Apple led a busy week of earnings by crushing estimates as users clambered for new iPhones. Most other companies also had strong results — especially chip makers and industrials.
ABNB and DASH are looking to raise $6.2 billion — more than double the total for the entire month last year. Including other deals like Roblox and ContextLogic, the IPO market is on pace for the busiest December ever.
Walt Disney (DIS), Cisco Systems (CSCO) and Applied Materials (AMAT) beat analyst forecasts but remained below recent highs. Less prominent companies including Chinese e-commerce firm Pinduoduo (PDD) and cannabis stock GrowGeneration (GRWG) surged to new territory.
We’re finishing the busiest and most important week of earnings season. The five most-valuable U.S. companies issued results. Here’s a quick breakdown:
JPMorgan Chase (JPM), Bank of America (BAC), Citigroup (C) and Wells Fargo (WFC) reported third-quarter results this week. JPM and C beat estimates across the board, partially because of stock and bond trading.
Ever heard of Pinduoduo? GSX Techedu, or Bilibili? They’re among a handful of technology stocks breaking out to new highs as investors embrace China’s flourishing digital economy.
This market report looks at 6 noteworthy companies and reports on their earnings releases for the end of Q2 2019. They include: Facebook Inc. (NASDAQ:… 阅读更多 »6 Majors Earnings Release Highlights – Q2 2019