CNBC Daily Open: Earning’s better than revenue this season
Publishing timestamp: 2023-11-08 18:48:24
Summary
The article discusses the continuation of the winning streak in major U.S. indexes, except for the Dow Jones Industrial Average. It mentions positive earnings reports from Marks and Spencer and Vestas, as well as Disney's jump in shares after reporting quarterly earnings. Arm reported its earnings for the first time after its IPO, with a net loss but increased revenue. UBS started selling U.S. dollar Additional Tier 1 bonds. The article also mentions concerns about the sustainability of the market rally and upcoming events that could impact the stock market.
Sentiment: MIXED
Tickers: MKS-GB, .SPX, UBS, DIS, UBSG-CH, VWS-DK, .DJI, .IXIC,
Keywords: markets, united states, world markets, nasdaq composite, jerome powell, marks and spencer group plc, s&p 500 index, walt disney co, banks, vestas wind systems a/s, arm holdings plc, ubs group ag, media, business news, technology, dow jones industrial average,
Source: https://www.cnbc.com/2023/11/09/stock-markets-earnings-better-than-revenue-this-season.html