During Market hours Yesterday (Wednesday – 27.04.2022)

Below some of the most representative highlights:

  • The Dow (Symbol: DIA) went up 0.17%. The S&P 500 (Symbol: SPY) went up 0.28% and the Nasdaq (Symbol: QQQ) lost 0.12%.
  • Enphase Energy (Symbol: ENPH) — Shares jumped 7.7% after Enphase topped earnings expectations on the top and bottom lines. The energy company reported record revenues, and said it’s setting its sights on Europe as a growth area during the ongoing war in Ukraine.
  • Visa (Symbol: V) — Shares of the credit card company jumped 6.5% following a stronger-than-expected quarterly report. Visa reported adjusted earnings per share of $1.79 on revenues of $7.19 billion. Analysts expected $1.65 adjusted earnings per share and $6.83 billion in revenue, according to Refinitiv. The company cheered a continued recovery in travel spending and said there’s no evident impact on its global payments volumes from inflation and supply chain disruptions.
  • Mastercard (Symbol: MA) — Shares for Mastercard jumped 5.1% on the back of competitor Visa’s strong earnings report. The payments company is expected to disclose its own quarterly earnings on Thursday.
  • Microsoft (Symbol: MSFT) — Microsoft’s stock price surged 4.8% after the company reported an earnings beat in its most recent quarter. The company’s revenue guidance for each of Microsoft’s three business segments also exceeded the expectations of analysts surveyed by FactSet’s StreetAccount.
  • Boeing (Symbol: BA) — Shares of the aircraft maker lost 7.53% after the company reported first-quarter sales and revenue that missed analysts’ estimates. Boeing also said it’s pausing production of its 777X plane, and that deliveries may not start until 2025.
  • Robinhood (Symbol: HOOD) — Shares of the brokerage firm dropped 4.9% a day after the company announced that it was reducing the number of its full-time employees by about 9%. The announcement comes shortly ahead of Robinhood’s first-quarter earnings report, which is due out on Thursday afternoon.

During Premarket hours today (Thursday – 28.04.2022)

  • Meta (Symbol: FB) — Shares of the Facebook parent soared more than 16% in premarket trading after the tech company reported better-than-expected quarterly earnings. Daily active users, which declined in the fourth quarter for the first time, bounced back a bit and topped analysts’ expectations, according to StreetAccount. The rally came despite a revenue miss. Shares were down 48% on the year heading into the results.
  • Teladoc (Symbol: TDOC) — Teladoc’s stock price cratered 43% after the telehealth company reported an earnings miss, as well as disappointing revenue guidance. Teladoc reported a loss of $41.58 per share and generated revenues of $565.4 million. Analysts surveyed by FactSet were expecting a loss of 60 cents per share, and revenues of $568.7 million.
  • McDonald’s (Symbol: MCD) — Shares of the restaurant chain gained 2% in premarket trading after first quarter revenue came in higher than expected. McDonald’s reported first quarter revenue of $5.67 billion versus the $5.59 billion expected by analysts, according to Refinitiv. The company saw same store sales growth of 3.5% in the U.S. and even higher in international markets.
  • PayPal (Symbol: PYPL) — The payment’s company saw shares rise 3.4% in early trading after it beat revenue estimates for the first quarter and posted a slight increase in payments volume. The stock price got a lift despite issuing weak guidance for the second quarter and full year.
  • Pinterest (Symbol: PINS) — Shares for the image sharing company surged more than 8% on the back of better-than-expected earnings Wednesday. Pinterest reported adjusted earnings of 10 cents per share and revenues of $575 million. In comparison, analysts polled by Refinitiv expected earnings of 4 cents per share on revenues of $573 million.
  • Qualcomm (Symbol: QCOM) — Shares rallied roughly 7% premarket after a better-than-expected quarterly report. Qualcomm posted adjust earnings per share of $3.21 on revenue of $11.16 billion. Analysts were expected a profit of $2.95 per share on revenue of $10.63 billion, according to StreetAccount.

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