Stocks of technological companies fell, pay attention to earnings

Stocks of technological companies fell, pay attention to earnings

Yesterday, the US Justice Department announced a broad antitrust review into whether the big technological companies, such as Facebook and Google, use their powers to disrupt competition. As a result, the stocks of Alphabet, Amazon, and Facebook fell. 📈 Not all the news were disappointing, though, as the earnings report of Coca-Cola encouraged bulls.

Wait for more earnings reports this week and trade stocks with FBS in Metatrader 5!

July 24, Before market opens

  •  Intel 

EPS forecast: 0.9

Revenue forecast: 15.69B

  • ATT

EPS forecast: 0.89

Revenue forecast: 44.85B

July 24, After market closes

  •  Facebook

EPS forecast: 1.88

Revenue forecast: 16.5B

  •  Tesla

EPS forecast: -0.4

Revenue forecast: 6.41B

  • Ford

EPS forecast: 0.31

Revenue forecast: 35.07B

July 25, Before market opens

  • HP

EPS forecast: 0.35

Revenue forecast: 690.27M

  •  Google

EPS forecast: 11.33

Revenue forecast: 38.17B

July 26, Before market opens

  • Mcdonalds

 EPS forecast: 2.05

Revenue forecast: 5.33B

Remember that higher figures will be appreciated by bulls.


Latest news

Stocks up, USD down
Stocks up, USD down

S&P 500 skyrocketed to the all-time high on optimism that Biden’s fiscal stimulus will support economic growth and boost corporate earnings.

ECB report is in focus
ECB report is in focus

The European Central Bank will publish the monetary policy statement with the interest rate decision on January 21, at 14:45 MT time. 

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