AT&T, Texas Instruments, iRobot report after the close
Harley Davidson, Verizon, United Technologies and Biogen already reported before the opening. Announcing after the close will be AT&T, Texas Instruments, iRobot.
Admittedly, it is not Alphabet (like last night) but things do heat up tomorrow and the rest of the week:
Wednesday, July 25
- GM
- Ford
- Coca Cola
- Gilead
- Visa
- Boeing
- Facebook - What is the impact of all the negative in the quarter?
Thursday, July 26
- Amazon - Last quarter Amazon smashed earnings forecasts $3.27 vs $1.26 estimate. The stock was at $1426 at the time. It is at $1823 now, up 27.8%
- Celegene
- McDonalds
- Chipotle
- Starbucks
- Intel - CEO resigned this month and the stock fell. On the day of the resignation, Intel raised its guidance for the second quarter. The company said it expects adjusted earnings of 99 cents per share on $16.9 billion in revenue. Intel previously forecast second-quarter earnings of 85 cents a share on $16.3 billion in revenue. Intel closed at $53.05 on the day of last earning. The earnings beat expectations ($0.87 vs $0.72 estimate). The high reached $57.59 in early June. It trades at $51.66.
Friday, July 27
- Twitter - Big run up in Twitter since the last earnings ($29.75 to $43.38 currently). That is a 46% run up.
- Chevron
- Exxon
- Merck
The major indices have come off their highs and for the Nasdaq have moved from up over 1% to down now. The summary of the major indices is showing:
- The S&P up 6.84 points or 0.24% at 2813.61. It reached a high of 2829.99.
- The Nasdaq is down -15.3 points or -0.20 at 7826.61. The high reached an all-time high at 7928.79 (over 100 points higher). That is a rejection of the new highs ahead of Facebook, Amazon, Intel and Twitter earnings over the next 3 days. Those are 4 high flying Nasdaq stocks.
- The Dow is up 145 points or 0.58% at 25190. The high reached 25286.