Stocks bounce from yesterday’s drop as earnings provide a boost. Plus we’ll have Google, Microsoft, and Amazon earnings any minute now. And Fed chair handicapping. Reports say Yellen’s out … so who’s in? Plus, it’s LinkedIn meets Tinder. No it’s not the latest Hollywood logline, it’s a hot new app—and we have the CEO.
Winners and losers
Stocks in the red today include Southwest Airlines despite an earnings beat as revenue missed the mark; CVS as the drugstore and pharmacy benefits manager gets hit following Trump declared the opioid epidemic a public health emergency; and Celgene, with shares getting annihilated after the biotech name slashed its 2020 sales and EPS guidance.
Stocks in the green today include Buffalo Wild Wings as earnings beat estimates by a wide margin; STMicro as the chipmaker and Apple supplier upped its full-year forecast; and Twitter, with shares getting a big boost after Twitter reported daily active users were up 14% and raised its earnings forecast for the current quarter.
Tinder meets LinkedIn?
Shapr is a new swiping app aimed at expanding your rolodex. Joining us now is Ludovic Huraux, the CEO of Shapr.