To The Moon

On Wednesday, the Fed announced a 25bps rate hike but still not give clear attitude toward pausing rake hike. The major indexes closed with slight drop. There are some companies experienced roller coaster ride after the earnings release. You can find the stocks that rose or fell most in "Movers & Shakers" on Tiger Trade app. In this article, we gonna brief 5 companies: $Bio-Techne(TECH)$ , $Eli Lilly(LLY)$ , $Estee Lauder(EL)$ , $Starbucks(SBUX)$, $Qualcomm(QCOM)$ ,and tech giant $Apple(AAPL)$ is going to release results on Thursday. 1. $Bio-Techne(TECH)$ rose 7.21% on Wednesday It’s EPS is $0.53 in-line an estimate of $0.53, and the revenue was up $3.77 million from the same period last year. And its Board of Directors has decided to pay a dividend of $0.08 per share for the quarter ended March 31, 2023. Below is a look at Bio-Techne's past performance: Bio-Techne Corporation is a global life sciences company providing innovative tools and bioactive reagents for the research and clinical diagnostic communities. 2 $Eli Lilly(LLY)$ rose 6.68%, with a market value over $408 billion. On May 3, 2023, Eli Lilly announced the latest data of the Phase III TRAILBLAZWE-ALZ2 clinical trial of the Aβ antibody Donanemab in the treatment of Alzheimer's disease. The study reached the primary endpoint of iADRS and significantly delayed cognitive decline. In the past five years or so, Eli Lilly's stock price has been increasing by as much as 5 times. With the continuous iteration of super-explosive products such as dulaglutide and Tirzepatide in the diabetes field, as well as the potential explosion of Alzheimer's disease, $Eli Lilly(LLY)$ quickly reached the top of the market value of pure pharmaceutical companies, catching Johnson & Johnson with a market value of $430 billion U.S. with only one step away. Last week, $Eli Lilly(LLY)$ reported Q123 revenue ($6.96B) above analysts' expectations and EPS ($1.62) below analysts' expectations. Analysts expected the company to post revenue of $6.84B and EPS of $1.69. 3. $Estee Lauder(EL)$ Crushed 17.3% as the company expected sales forecast slashed for third straight quarter Estee Lauder quarterly earnings is $0.47 per share, missing the consensus estimate of $0.49 per share. Lower than the earnings of $1.90 per share a year ago. Quarterly revenues ended March 2023 is $3.75 billion, surpassing the Consensus Estimate by 0.93%, and lower to year-ago revenues of $4.25 billion. Estée Lauder warned on Wednesday that it expects sales to fall by 10% to 12% this year, up from a previous forecast of a 5% to 7% decline One other stock from the same industry, $European Wax Center, Inc.(EWCZ)$ , is going to report results on May 10.This company is expected to post quarterly earnings of $0.05 per share, which represents a year-over-year change of -78.3%. 4. $Starbucks(SBUX)$ ' second-quarter results exceeded estimate, but did not raise its full-year guidance, then fell 9.17% on Wednesday Quarterly net revenue of $8.7 billion, a year-on-year increase of 14.5%;Net profit was US$908 million, a year-on-year increase of 34.7%. The revenue of the North American department was $6.38 billion , a YoY increase of 17%; the international department revenue was $1.85 billion, a YoY increase of 9%. As of the end of the second quarter, the company had 16,044 and 6,243 stores in the U.S. and China, respectively, accounting for 61% of Starbucks' global portfolio. 5. $Qualcomm(QCOM)$ gives light forecast, stock price fell more than 7% post market Qualcomm reported Q2 fiscal quarter revenue was $9.27 billion, down 17% YoY, higher than estimates of $9.09 billion; adjusted EPS was $2.15, in line with market expectations. Due to the weakness in the global mobile phone market, Qualcomm’s phone chip sales fall 17%. Qualcomm gave a revenue guidance range of $8.18 billion to $8.90 billion in the third fiscal quarter, which was far lower than the expected $9.25 billion; then a $1.7 EPS lower than market expectations of $2.2. And it would lay off 5% of its global workforce. There are some other companies Earnings you may interested in. $Airbus SE(EADSY)$ , $CVS Health(CVS)$ , $The Kraft Heinz Company(KHC)$ , $Phillips 66(PSX)$ , $Yum(YUM)$ , $Meta Platforms, Inc.(META)$ And $Apple(AAPL)$ is going to report quarterly earnings on Thursday, the company already guided investors to a 5% revenue decline due largely to decreases in Mac and iPad sales. However it is expected to announce $90 billion in buybacks and dividends, how will apple perform?