Market Movers, July.25th

50 companies set to report earnings today

Nokia maintains full year guidance, reports strong 5G demand and increased net sales. Up 6% as of 7:39am on 674,817 shares traded. Read full report

“Greek 10-year yield dips under 2% for first time ever, back below US 10-year”, CNBC reports

Anheuser Busch Inbev NV reports top-line growth of 6.2% and EBITDA growth of 9.4%, Best quarterly volume performance in over five years, and revenue growth of 6.2% for the quarter. Up 6.2% as of 7:45am on 35,048 shares traded. Full report

3M reports 2nd quarter 2019 results, up 9% as of 8:22am on 191,032 shares traded. Numbers don’t look great though. Read more at TheStreet

8:24am, Dow up 108 points

CAPR up 10% on 27 000 shares traded as of 8:31am. They recently filed an s-3 for an at-the-market offering, approved July.18

TSLA reported 2nd quarter earnings after market close yesterday at 4:56pm. Analysts are not impressed

Align Technology misses on earnings and sales guidance, Barrons reports. The stock is currently down 20% as of 8:44am on 86,377 shares traded

Ford misses on earnings and guidance, but beats on revenue by 4 billion. Read more . Currently down 5.4 % on 2,915,255 shares traded as of 8:55am.

8:59am, TAL Education Group down 8.6 on 403,263 shares traded after reporting disappointing fiscal first quarter earnings. Read more. Muddy Waters Research did some very detailed due diligence on this company last year. Link

 10:16am, Dow down 97 points. About 1/3rd of companies have reported earnings, and about 75% have beat analyst estimates. Read more at CNBC

11:06am, PTC down 19% on 5,683,010 shares traded after missing on earnings. Gets downgraded by several analysts. Read more at thefly.com

 11:40am DBD up 24% on 2,533,943 shares traded after reporting Q2 earnings.

“Hedge fund manager Einhorn compares Chewy to Pets.com during 2000 bubble in new letter”, CNBC reports

“Livongo Health, Inc. (Livongo) today announced the pricing of its initial public offering of 12,687,000 shares of its common stock at a price of $28.00 per share for total gross proceeds of approximately $355.2 million” Globenewswire reports

Stocks fall after strong economic data creates doubt about rate cuts. Read more at CNBC

Tesla headed for worst day since 2013

stay tuned for updates!

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