Many growth stocks have come undone this week due to earnings failures. The Trade Desk delivers revenue 28% higher than year earlier. Celsius posts revenue gain of 37% YoY, beats earnings consensus. The Trade Desk raises Q2 sales projection. Celsius Holdings and The Trade Desk have withstood the onslaught of terrible earnings releases this week. Both stocks have jetted ahead following earnings calls showing their brands executing their strategies with gusto.
Those new partnerships or expanded partnerships include Comcast , Roku and Disney. Management also raised guidance for Q2 from consensus of $567 million in revenue to $575 million. S&P 500 FAQs What is the S&P 500? The S&P 500 is a widely followed stock price index which measures the performance of 500 publicly owned companies, and is seen as a broad measure of the US stock market. Each company’s influence on the computation of the index is weighted based on market capitalization.