Stocks making the biggest moves in the premarket: Twitter, Comcast, McDonald's, Tapestry & more

, with quarterly profit of 88 cents per share. The chip maker's revenue beat consensus as well. Its current-quarter revenue forecast is in line with Street expectations, as the company signs more contracts for production of 5G phones which use more expensive chips. – EBay reported quarterly earnings of 77 cents per share, 5 cents a share above estimates. The online marketplace operator's revenue topped estimates as well.

The company said its marketplace business has been helped by worldwide shelter-in-place orders, and it gave stronger-than-expected guidance for full-year earnings and revenue. – ServiceNow earned $1.05 per share for its latest quarter, 10 cents a share above estimates. The enterprise cloud computing company's revenue was also above forecasts, however it anticipates the most significant challenges stemming from the coronavirus outbreak to occur during the second and third quarters.

The stock market should be at a fair value around 1500 points now but what happened, they printed cash, bought equities, gave false promises and now it's up like this. Do not buy at these prices.

The fools rush in to feed the greeds.

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Stocks making the biggest moves after hours: Facebook, Qualcomm, Transocean and moreCheck out the companies making headlines after the bell. How much work is done by quants right now? I was thinking about it before bed last night, and didn’t see what prior events they could base their decision making on. I have also seen a few stocks rise together on similar patterns that a computer might think, but maybe not a human. Should be read
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Comcast is set to report earnings before the bellComcast has seen broadband usage spikes amid the pandemic that's kept Americans at home. Break this company up! Weird, Comcast looks like a man with a sweater on his shoulders
La source: CNBC - 🏆 12. / 72 Lire la suite »