Earnings: Semiconductors and telemedicine killing it, buying online exploding

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Some positive trends are emerging this earnings season for semiconductors, telemedicine and buying online.

Jason Gorevic, CEO, TeladocEarnings reports are coming in fast and furiously, and with a large percentage of companies declining to provide guidance, reporters and analysts are combing through corporate press releases and earnings calls for signs of how business is doing.highlighted the explosion in work-from-home, e-learning, telehealth, online gaming, and streaming that is driving demand for semiconductors.

Schulman said this was the strongest quarter the company has had since going public: "I think it's clear that we've tipped into a digital-first economy."CEO: "Our home products market was clearly stronger than many other industries. The very nature of the pandemic and the shelter-at-home orders have led to a resurgence of interest in housing.", where comparable store sales were up 42%.

 

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