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 Economic Sector Performance Dashboards - Yahoo Finance
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Big names in Big Tech such as Apple (AAPL) and Amazon (AMZN) reported their latest quarterly results with Apple beating expectations on the top and bottom lines while Amazon missed revenue expectations but beat profit expectations. Both reports give insight into the state of the consumer domestically and abroad which is still under pressure from inflation. Maxim Group Managing Director and Senior Consumer Internet Analyst Tom Forte joined to discuss Apple's earnings and give insight into its performance in China. The major indexes closed lower as Wall Street digests hotter-than-expected jobless claims data and a soft US manufacturing print. Coinbase (COIN) posted second quarter earnings, reporting revenue that more than doubled from a year ago. Transactional revenue for the company did jump 138%, however, it missed the 141% Wall Street expectation. Fintech companies are also in the spotlight as major players such as Block (SQ) and MicroStrategy (MSTR) report their quarterly earnings. Both companies fell short on revenue expectations. Shares of Roku (ROKU) are moving higher in after-hours trading on Thursday after the company reported its second quarter earnings, beating expectations for revenue, benefiting from strong ad sales. In addition, the company's guidance for the third quarter were in-line with Wall Street estimates. Shares of Twilio (TWLO) are jumping after the company reported its second quarter earnings, beating analyst expectations for both the top and bottom lines. In addition, the company's third quarter guidance for adjusted earnings per share came in higher than expected. DraftKings (DKNG) stock is moving slightly lower after it reported second quarter earnings with a revenue of $1.10 billion, up 26% year-over-year, but slightly missed expectations. DoorDash (DASH) shares are jumping in after reporting a better-than-expected Q3 outlook. For the third quarter, DoorDash sees adjusted EBITDA of $470 million to $540 million far above the Street's $449.2 million estimate. For the second quarter, the company reported an adjusted loss of $0.38 per share and revenue of $2.63 billion, which was better than the estimated $2.54 billion. Apple reported better-than-anticipated earnings on Thursday, despite a decline in iPhone sales. Stocks tumbled Thursday after a run of weak economic data and another sell-off in chip stocks weighed on some of the names leading the hot AI trade. Google Cloud is giving Y Combinator startups access to a dedicated, subsidized cluster of Nvidia graphics processing units and Google tensor processing units to build AI models. US Secretary of Transportation Pete Buttigieg discussed the Biden administration's new consumer protections for airlines customers, also weighing in on Boeing's (BA) CEO changeup. Wingstop (WING) reported second quarter earnings that exceeded expectations on both revenue and profit. Amazon reported second quarter earnings after the bell on Thursday. DoorDash (DASH) shares are jumping in after reporting a better-than-expected Q3 outlook. For the third quarter, DoorDash sees adjusted EBITDA of $470 million to $540 million far above the Street's $449.2 million estimate. For the second quarter, the company reported an adjusted loss of $0.38 per share and revenue of $2.63 billion, which was better than the estimated $2.54 billion. Apple reported better-than-anticipated earnings on Thursday, despite a decline in iPhone sales. Stocks tumbled Thursday after a run of weak economic data and another sell-off in chip stocks weighed on some of the names leading the hot AI trade. Google Cloud is giving Y Combinator startups access to a dedicated, subsidized cluster of Nvidia graphics processing units and Google tensor processing units to build AI models. The chip sector reverses course from gains seen earlier this week. Will this trend continue or will chip stocks rebound even higher? Volkswagen (VWAGY, VOW3.DE) reported mixed second quarter earnings, missing out on profit expectations which fell year-over-year. Wingstop (WING) reported second quarter earnings that exceeded expectations on both revenue and profit. Moderna's (MRNA) stock is under pressure Thursday morning, falling by up to 20% after reporting mixed second quarter results. Meta shares climbed higher in trading Thursday after the company reported better-than-expected second quarter earnings Wednesday. Volkswagen Group reported mixed results and a downbeat forecast, reflecting some of the deeper challenges facing large multinational automakers. As the summer travel season continues, major companies like hotel chain Marriott International (MAR) and Norwegian Cruise Line (NCLH) are presenting a mixed picture of consumer travel trends. Cavco Industries, Inc. (Nasdaq: CVCO) today announced financial results for the first fiscal quarter ended June 29, 2024. The Hershey Company (HSY) is lowering its full-year outlook after missing second quarter earnings estimates. Roblox (RBLX) stock edges lower despite positive second quarter results and raising its projections for annual bookings. Lastly, shares of fast-casual chain Shake Shack(SHAK) skyrocket on its full-year guidance and second quarter earnings results. Pharmaceutical giant Moderna's (MRNA) stock is under pressure Thursday morning, falling by up to 20% after reporting mixed second quarter results. Meta shares climbed higher in trading Thursday after the company reported better-than-expected second quarter earnings Wednesday. Volkswagen Group reported mixed results and a downbeat forecast, reflecting some of the deeper challenges facing large multinational automakers. Wingstop (WING) reported second quarter earnings that exceeded expectations on both revenue and profit. DoorDash (DASH) shares are jumping in after reporting a better-than-expected Q3 outlook. Apple reported better-than-anticipated earnings on Thursday, despite a decline in iPhone sales. Stocks tumbled Thursday after a run of weak economic data and another sell-off in chip stocks weighed on some of the names leading the hot AI trade. Google Cloud is giving Y Combinator startups access to a dedicated, subsidized cluster of Nvidia graphics processing units and Google tensor processing units to build AI models. The chip sector reverses course from gains seen earlier this week. Will this trend continue or will chip stocks rebound even higher? Volkswagen Group reported mixed results and a downbeat forecast, reflecting some of the deeper challenges facing large multinational automakers. As the summer travel season continues, major companies like hotel chain Marriott International (MAR) and Norwegian Cruise Line (NCLH) are presenting a mixed picture of consumer travel trends. Cavco Industries, Inc. (Nasdaq: CVCO) today announced financial results for the first fiscal quarter ended June 29, 2024. The Hershey Company (HSY) is lowering its full-year outlook after missing second quarter earnings estimates. Roblox (RBLX) stock edges lower despite positive second quarter results and raising its projections for annual bookings. Lastly, shares of fast-casual chain Shake Shack(SHAK) skyrocket on its full-year guidance and second quarter earnings results. Pharmaceutical giant Moderna's (MRNA) stock is under pressure Thursday morning, falling by up to 20% after reporting mixed second quarter results. Meta shares climbed higher in trading Thursday after the company reported better-than-expected second quarter earnings Wednesday. Volkswagen Group reported mixed results and a downbeat forecast, reflecting some of the deeper challenges facing large multinational automakers. Wingstop (WING) reported second quarter earnings that exceeded expectations on both revenue and profit. DoorDash (DASH) shares are jumping in after reporting a better-than-expected Q3 outlook. Apple reported better-than-anticipated earnings on Thursday, despite a decline in iPhone sales. Stocks tumbled Thursday after a run of weak economic data and another sell-off in chip stocks weighed on some of the names leading the hot AI trade. Google Cloud is giving Y Combinator startups access to a dedicated, subsidized cluster of Nvidia graphics processing units and Google tensor processing units to build AI models. The chip sector reverses course from gains seen earlier this week. Will this trend continue or will chip stocks rebound even higher? Volkswagen Group reported mixed results and a downbeat forecast, reflecting some of the deeper challenges facing large multinational automakers. As the summer travel season continues, major companies like hotel chain Marriott International (MAR) and Norwegian Cruise Line (NCLH) are presenting a mixed picture of consumer travel trends. Cavco Industries, Inc. (Nasdaq: CVCO) today announced financial results for the first fiscal quarter ended June 29, 2024. The Hershey Company (HSY) is lowering its full-year outlook after missing second quarter earnings estimates. Roblox (RBLX) stock edges lower despite positive second quarter results and raising its projections for annual bookings. Lastly, shares of fast-casual chain Shake Shack(SHAK) skyrocket on its full-year guidance and second quarter earnings results.



https://finance.yahoo.com/sectors/