Snap, Twitter, Intel, Honeywell, American Express - 5 Things You Must Know Friday

The Street2021-07-23

Earnings optimism lifts the three benchmark indexes to near all-time highs; Snap soars as user growth jumps; Twitter beats sales estimates; Intel CEO says chip shortage could persist until 2023. --...

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精彩评论

chansin
2021-07-23
chansin
Like
714ec067
2021-07-23
714ec067
👍
pam07
2021-07-23
pam07
Up
AlvisChung
2021-07-23
AlvisChung
Up
LZH93
2021-07-23
LZH93
Great
- AlvisChung:
  Up
GohHW
2021-07-23
GohHW
Great news but share still down
- GohHW:
  Hmmm

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Snap Soars as Second-Quarter User Growth Jumps\nSnap Inc soared in premarket trading Friday after user growth during the company's second quarter jumped the most in four years.\nRevenue at the parent of mobile app Snapchat more than doubled to $982.1 million, easily beating analysts' estimates of $846 million.\nSnapchat had 293 million daily active users in the second quarter, which also beat\nanalysts’ expectations. The company added 13 million daily average users during the three months ended in June.\nSnap has been a beneficiary of people being stuck at home during the COVID-19 pandemic.\nThe company “benefited from a favorable operating environment and continued success with both direct response and large brand advertisers,” Chief Business Officer Jeremi Gorman said during Snap’s post-earnings conference call.\nThe stock rose 16.77% to $73.53 in premarket trading Friday. It has gained nearly 26% year to date.\n4. Twitter Rises as Sales and Forecast Top Estimates\nShares of Twitter were rising early Friday after second-quarter sales at the social-networking platform beat estimates and its third-quarter outlook topped forecasts.\nThe stock rose 5.36% to $73.30 in premarket trading.\nTwitter reported a 74% jump in second-quarter sales to $1.19 billion, exceeding analysts' estimates of $1.1 billion. Ad revenue jumped 87%.\nThe company said it added 7 million new users in the second quarter, boosting its total to 206 million daily users. Twitter's U.S. user count of 37 million fell by 1 million in the quarter and missed estimates.\nThe San Francisco companysaid it expects third-quarter revenue of $1.22 billion to $1.3 billion, higher than Wall Street expectations of $1.17 billion.\n5. Intel Issues Lukewarm Outlook, Says Chip Shortage Could Persist Until 2023\nIntel issued athird-quarter sales outlook that failed to excite investors while CEO Pat Gelsinger said the global chip shortage could extend into 2023.\nShares of the world’s biggest semiconductor maker slumped in premarket trading, falling 1.75% to $54.98.\nThe chip company said it expects sales in the third quarter of about $18.2 billion vs. analysts' estimates of $18.1 billion.\nIntel said it expects adjusted earnings in the third quarter of $1.10 a share. 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news but share still down","listText":"Great news but share still down","text":"Great news but share still 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