What to watch today: Dow set to drop after jobless claims, earnings

  • 📰 CNBC
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 72%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Dow futures drop Thursday after another avalanche of weekly jobless claims and a crush of earnings.

, 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. 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. 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.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

Try profit taking morons at CNBC

This smoke and mirror show on Wall Street needs to end.

Open back... so we can work

No worry... they will bump it up again. Like a big baloon....

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 12. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Stocks Rally, Dow Up 500 Points After Gilead’s Coronavirus Treatment Shows ‘Positive Data’The stock market moved higher today, despite a sharp drop in U.S. economic activity, after Gilead Sciences reported positive data on its remdesivir drug as a potential treatment for coronavirus by skleb1234 skleb1234 Fauci has conflict of interest at his job & Gilead. skleb1234 Better ad Trump and Trump Oranization to that list.
Källa: Forbes - 🏆 394. / 53 Läs mer »

Stocks Rally, Dow Up 400 Points After Gilead Treatment Shows ‘Positive Data’The market got a boost from news of a potential treatment for coronavirus. so there was no need to drop the interest rate to 0?
Källa: Forbes - 🏆 394. / 53 Läs mer »

Here are Wall Street's favorite stocks in the Dow right nowNew for subscribers: Here are Wall Street's favorite stocks in the Dow right now Check out CNBCPro for a free trial.
Källa: CNBC - 🏆 12. / 72 Läs mer »

Stocks fall, Dow snaps 4-day winning streak as big tech shares slideThe Dow snapped its four-day winning streak as big tech shares slid. Here's how the major averages performed: - The Dow dropped 32 points. - The S&P 500 fell .52%. - The Nasdaq lost .4%. 1.4% actually
Källa: CNBC - 🏆 12. / 72 Läs mer »