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2021-07-23

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

Earnings optimism lifts the three benchmark indexes to near all-time highs; Snap soars as user growt

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

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Stock Futures Rise Amid Earnings Optimism</b></h3>\n<p>Stock futures traded higher Friday as earnings&nbsp;optimism lifted the three benchmark U.S. indexes to near all-time highs.</p>\n<p>Contracts linked to the Dow Jones Industrial Average rose 117 points, S&amp;P 500 futures were up 17 points and <a href=\"https://laohu8.com/S/NDAQ\">Nasdaq</a> futures advanced 73 points. Stocks were on track for weekly gains.</p>\n<p>Better-than-expected results from <b><a href=\"https://laohu8.com/S/TWTR\">Twitter</a></b>&nbsp;and <b><a href=\"https://laohu8.com/S/SNAP\">Snap Inc</a></b>&nbsp;lifted other social media names and tech stocks in general.</p>\n<p>The yield on the benchmark 10-year Treasury rose early Friday to 1.288%,&nbsp;recovering from lows earlier in the week.</p>\n<p>Stocks finished modestly higher Thursdayas strong corporate earnings outweighed a surprising jump in U.S. unemployment claims. Sales of&nbsp;previously owned homes rose for the first time in five months.</p>\n<p>While enthusiastic about the economic recovery, investors remained nervous about the spread of the delta variant of COVID-19 through unvaccinated populations and what disruptions it potentially may cause.</p>\n<p>The Summer Olympics officially begin Friday in Tokyo but without spectators because of coronavirus restrictions.</p>\n<h3><b>2. Friday's Calendar: <a href=\"https://laohu8.com/S/HON\">Honeywell</a> and <a href=\"https://laohu8.com/S/AXP\">American Express</a> Earnings</b></h3>\n<p>Earnings reports are expected Friday from&nbsp;<b><a href=\"https://laohu8.com/S/HON\">Honeywell</a></b>, <b><a href=\"https://laohu8.com/S/AXP\">American Express</a></b>,<b>&nbsp;<a href=\"https://laohu8.com/S/NEE\">NextEra</a> Energy</b>,<b>&nbsp;<a href=\"https://laohu8.com/S/KMB\">Kimberly-Clark</a></b>&nbsp;and <b><a href=\"https://laohu8.com/S/SLB\">Schlumberger</a></b>.</p>\n<p>The&nbsp;economic calendarin the U.S. Friday includes the&nbsp;PMI Composite Flash for July at 9:45 a.m. ET.</p>\n<h3><b>3. Snap Soars as Second-Quarter User Growth Jumps</b></h3>\n<p><b><a href=\"https://laohu8.com/S/SNAP\">Snap Inc</a>&nbsp;</b>soared in premarket trading Friday after user growth during the company's second quarter jumped the most in four years.</p>\n<p>Revenue at the parent of mobile app Snapchat more than doubled to $982.1 million, easily beating analysts' estimates of&nbsp;$846 million.</p>\n<p>Snapchat&nbsp;had 293&nbsp;million daily active users in the second quarter, which also beat</p>\n<p>analysts’ expectations. The company added&nbsp;13 million daily average users during the three months ended in June.</p>\n<p>Snap has been a beneficiary of people being stuck at home during the COVID-19 pandemic.</p>\n<p>The company&nbsp;“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.</p>\n<p>The stock rose 16.77% to $73.53 in premarket trading Friday. It has gained nearly 26% year to date.</p>\n<h3><b>4. Twitter Rises as Sales and Forecast Top Estimates</b></h3>\n<p>Shares of <b><a href=\"https://laohu8.com/S/TWTR\">Twitter</a></b>&nbsp;were rising early Friday after second-quarter sales at the&nbsp;social-networking platform&nbsp;beat estimates and its third-quarter outlook topped forecasts.</p>\n<p>The stock rose 5.36% to $73.30 in premarket trading.</p>\n<p>Twitter reported a 74% jump in second-quarter sales to $1.19 billion, exceeding analysts' estimates of $1.1 billion. Ad revenue jumped 87%.</p>\n<p>The company said it added 7 million new users in the second quarter, boosting its&nbsp;total to 206 million daily users.&nbsp;Twitter's U.S. user count of 37 million fell by 1 million in the quarter and missed estimates.</p>\n<p>The 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.</p>\n<p><b>5.&nbsp;Intel Issues Lukewarm Outlook, Says Chip Shortage Could Persist Until 2023</b></p>\n<p><b><a href=\"https://laohu8.com/S/INTC\">Intel</a></b> issued athird-quarter sales outlook that failed to excite investors&nbsp;while CEO&nbsp;Pat Gelsinger said the global chip shortage could extend into 2023.</p>\n<p>Shares of the world’s biggest semiconductor maker slumped in premarket trading, falling 1.75% to $54.98.</p>\n<p>The chip company said it expects sales in the third quarter of about $18.2 billion vs. analysts' estimates of $18.1 billion.</p>\n<p>Intel said it expects adjusted earnings in the third quarter of $1.10 a share. Adjusted gross margin was forecast at about 55%.</p>\n<p>Gelsinger said on a conference call that the shortage of&nbsp;semiconductors across many parts of the electronics industry will&nbsp;bottom out in the second half of the year but it could take \"another <a href=\"https://laohu8.com/S/AONE.U\">one</a> to two years before the industry is able to completely catch up with demand.\"</p>\n<p>Intel reported second-quarter earnings of&nbsp;$1.28 a share, compared with $1.14 a share a year earlier. Revenue rose 2% to $18.5 billion.</p>","source":"lsy1610613172068","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Snap, Twitter, Intel, Honeywell, American Express - 5 Things You Must Know Friday</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSnap, Twitter, Intel, Honeywell, American Express - 5 Things You Must Know Friday\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-23 17:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/markets/5-things-you-must-know-before-market-opens-friday-072321><strong>The Street</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>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.  --...</p>\n\n<a href=\"https://www.thestreet.com/markets/5-things-you-must-know-before-market-opens-friday-072321\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TWTR":"Twitter","KMB":"金佰利","HON":"霍尼韦尔","INTC":"英特尔","NEE":"新纪元能源","SLB":"斯伦贝谢","SNAP":"Snap Inc","AXP":"美国运通"},"source_url":"https://www.thestreet.com/markets/5-things-you-must-know-before-market-opens-friday-072321","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1178078298","content_text":"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.  --JOSEPH WOELFEL\nHere are five things you must know for Friday, July 23:\n1. Stock Futures Rise Amid Earnings Optimism\nStock futures traded higher Friday as earnings optimism lifted the three benchmark U.S. indexes to near all-time highs.\nContracts linked to the Dow Jones Industrial Average rose 117 points, S&P 500 futures were up 17 points and Nasdaq futures advanced 73 points. Stocks were on track for weekly gains.\nBetter-than-expected results from Twitter and Snap Inc lifted other social media names and tech stocks in general.\nThe yield on the benchmark 10-year Treasury rose early Friday to 1.288%, recovering from lows earlier in the week.\nStocks finished modestly higher Thursdayas strong corporate earnings outweighed a surprising jump in U.S. unemployment claims. Sales of previously owned homes rose for the first time in five months.\nWhile enthusiastic about the economic recovery, investors remained nervous about the spread of the delta variant of COVID-19 through unvaccinated populations and what disruptions it potentially may cause.\nThe Summer Olympics officially begin Friday in Tokyo but without spectators because of coronavirus restrictions.\n2. Friday's Calendar: Honeywell and American Express Earnings\nEarnings reports are expected Friday from Honeywell, American Express, NextEra Energy, Kimberly-Clark and Schlumberger.\nThe economic calendarin the U.S. Friday includes the PMI Composite Flash for July at 9:45 a.m. ET.\n3. 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. Adjusted gross margin was forecast at about 55%.\nGelsinger said on a conference call that the shortage of semiconductors across many parts of the electronics industry will bottom out in the second half of the year but it could take \"another one to two years before the industry is able to completely catch up with demand.\"\nIntel reported second-quarter earnings of $1.28 a share, compared with $1.14 a share a year earlier. Revenue rose 2% to $18.5 billion.","news_type":1},"isVote":1,"tweetType":1,"viewCount":422,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":5,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}

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

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