– T-Mobile came in 9 cents a share ahead of forecasts by reporting quarterly earnings of 60 cents per share. The mobile service provider's revenue beat estimates as well. T-Mobile said it will incur more ongoing costs this year as it moves former Sprint subscribers onto its network. T-Mobile shares slipped 2% in premarket trading. – Gilead beat estimates by 4 cents a share, with quarterly earnings of $2.19 per share.
Revenue also scored a beat, helped by robust ad sales during the holiday shopping period as it added more than 100 million active users during 2020. The company's shares jumped 10% in premarket trading. – Snap beat Wall Street forecasts by 2 cents a share, with quarterly earnings of 9 cents per share. The Snapchat parent's revenue came in well above estimates, however the stock tumbled 7% in the premarket after Snap warned of a negative impact from Apple's upcoming privacy changes.
Peloton will be a good short soon...