Back to Wall Street after the raid – Tesla gets up, Twitter rushes



[ad_1]

Twitter leads Thursday's recovery on US stock markets. The microblogging reaches expectations and increases by almost 20%. The electric vehicle manufacturer Tesla also recorded a strong increase of 5%.

The main stock markets in New York have recovered somewhat Thursday morning after Wednesday's race. Several technology stocks led the recovery, including Microsoft and Twitter, where reports clearly exceeded expectations.

At 4:15 pm, the Dow Jones Enterprise Index rose 0.9% to 24,796. The broad S & P 500 rose 1.1% to 2,683, while the technology-driven Nasdaq rose 1.7% to 7,231.

At the sectoral level, communication was the best, with a 2.5% increase and a 1.6% drop in power.

Read also: Max Mitteregger after the publication: "It will probably not be so easy to make money in the future"

The share of Twitter has rushed nearly 20%. The microblogging company has announced an adjusted earnings per share of $ 21.00 for the third quarter before its opening. That was clearly better than the expectations of analysts who were at $ 0:14, according to Bloomberg News' average forecast.

The software giant Microsoft announced Wednesday after closing adjusted earnings per share, well above the average forecast of Bloomberg News. Revenues were also higher than expected and the share increased by 5.2%.

Earnings from the third-quarter electric car maker, Tesla, hurt analysts' expectations. The company also announced adjusted earnings per share of $ 2.90 instead of an expected loss. The shares traded more than 5 percent.

Read also: Exchange: Ica great winner of intensive reporting

Facebook raised 1.5 percent. On Wednesday, the social media giant was fined about 6 million SEK for the Cambridge Analytica scandal.

Ford's adjusted earnings for the third quarter were $ 0:29 per share, which was the reason analysts calculated. The share has increased by 6.5%.

Pharmaceutical company Merck posted earnings per share of $ 1.19 for the quarter, which means the company has exceeded expected expectations of $ 1.14. Even Bristol-Myers Squibb exceeded expectations and the company also raised its own expectations for its annual results. However, both shares guaranteed approximately 2%.

Take-Two Interactive has climbed by just over 8%. Rockstar, the Gaming Company's gaming studio, is releasing its headline Red Dead Redemption Friday and so far, almost one of the critics has celebrated the game.

After closing Thursday in New York, quarterly reports are expected from two of the world's top-rated companies, Amazon's online retailer and Google's parent company, Alphabet.

The interest rate on 10-year US government bonds rose 3 points to 3.13%.

Read also: The Swedish clothing chain closes 11 stores – slaughtered on the stock market

[ad_2]
Source link