Stocks to Watch: Alphabet, Amazon, Intel

Dow Jones10-29

Alphabet (GOOG): The Google parent tumbled 10% ahead of the opening bell after it missed analysts' expectations on revenues from its core business unit that includes search advertising.

Microsoft (MSFT): The technology giant climbed 3% premarket after it reported accelerating growth in its cloud-computing unit, relieving investors' worries about demand for its AI infrastructure services.

Samsung Electronics (KR:005930): The South Korean chip maker fell 4% after its net profit fell short of analysts' expectations, even as it reported its fourth consecutive quarter of record earnings.

Shell (UK:SHEL): The oil major climbed nearly 3% in London trading after it reported bumper profits from its refining business amid the global fuel crunch.

Chipotle Mexican Grill (CMG): The burrito chain rose more than 6% premarket after it reported higher quarterly revenue and a gain in comparable-restaurant sales.

eBay $(EBAY)$: The e-commerce platform is up more than 6% in premarket trading after strength in its collectibles business pushed third-quarter profit and revenue above Wall Street's expectations.

Amazon.com (AMZN): The e-commerce and cloud-computing giant will be the next Big Tech name to report earnings, after today's closing bell. Other companies reporting today include Intel (INTC).

 

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment