In the picture in this photo, the Amazon logo is displayed on the smartphone, and the stock market percentage is displayed in the background.
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Check out the companies that make headlines for trading at noon.
Amazon — Amazon’s share price fell 7.6% after the tech giant Second quarter report Missed Wall Street earnings quote for the first time in three years. The company also provided weak third quarter guidance. However, according to Refinitiv, Amazon outperformed earnings and reported a profit of $ 15.12 per share, compared to analysts’ expectations of $ 12.30 per share. The June quarter reflects the final full quarter of the CEO of founder Jeff Bezos.
Procter & Gamble — After the company exceeded analysts’ expectations, the share of consumer product giants rose by 2%. Fourth quarter financial report.. P & G reported $ 1.13 per share in revenue of $ 18.95 billion, while analysts expected a $ 1.08 per share in revenue of $ 18.41 billion. The company warned that commodity and freight pressures could weigh on future profits.
Caterpillar – The share of industrial giants has continued to fall 2.7% The company reported better profits and profits than expected In the second quarter. According to Refinitiv, Caterpillar has adjusted quarterly earnings of $ 2.60 per share, 20 cents above the estimate. This year’s inventories have already risen by more than 12%.
Chevron, Exxon mobile – Chevron and ExxonMobil reported respectively Quarterly results It exceeded analysts’ expectations, but their share was low. Chevron’s share price fell 0.8% and Exxon’s share price fell 2.3%.
Pinterest — Social media company shares fell 18.2% after Pinterest reported a decline in the number of monthly active members. Second quarter.. Analysts at JP Morgan and Evercore ISI Downgrade inventory Following the report.
Robin hood — Shares in the newly launched stock trading app rose nearly 1% on the second day of trading on the Nasdaq.Robin hood IPO sank nearly 8.4% After pricing at the lower end of that range on Thursday.
Ralph Lauren — Retail apparel inventories have been on the rise since the US Personal consumption In June, it rose 1% more than expected.The latest consumer survey at the University of Michigan report It was also shown that consumer sentiment was on the rise at the end of July. Ralph Lauren’s share price rose about 3.2%.Share PVH Brands such as Tommy Hilfiger and Calvin Klein increased by 1.1%, gap When Under armor Both shares are also high.
Capri Holdings — Capri Holdings shares surged 12.5% after the company reported higher-than-expected quarterly earnings. Capri, with luxury brands such as Michael Kors and Versace, won adjusted $ 1.42 per share in the last quarter. This is well above the 80-cent consensus estimate. Earnings also exceeded expectations, and Capri raised its annual outlook for the second time this year.
Gilead Sciences — Gilead’s share price fell 2.2% after biotechnology companies’ quarterly earnings reports were better than expected. On Thursday, the company reported adjusted quarterly earnings of $ 1.87 per share. This is 14 cents higher than the estimate. However, Gilead’s flagship HIV drug sales fell 2% during the quarter.
Texas Roadhouse — Texas Roadhouse shares fell 6.6%, despite restaurant chains 9 cents above estimates and quarterly earnings of $ 1.08 per share. However, the company said it expects food costs to continue to rise. Texas Roadhouse reported earnings on Thursday.
Restaurant Brands International — Fast food company share has since surged 5.1% Reported quarterly earnings At $ 77 per share, according to Refinitiv, it’s 16 cents above Wall Street’s estimate. Burger King’s parents said digital sales were up 60% from the same period a year ago and Popeyes is one of three brands that reported a decline in same-store sales.
— CNBC’s Maggie Fitzgerald, Yunley, Jesse Pond, and Tanayama Seal contributed to the report.
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Stocks that move the most at noon: Amazon, P & G, Caterpillar, etc.
Source link Stocks that move the most at noon: Amazon, P & G, Caterpillar, etc.