CNBC Daily Open: More mega tech earnings in spotlight
Publishing timestamp: 2024-02-01 19:54:44
Summary
Wall Street rallied, with major indexes recovering from the previous day's sell-off. Meta shares surged on better-than-expected results and the announcement of its first-ever dividend payment. Apple reported strong earnings but saw a decline in sales in China, leading to a slide in its stock. Amazon gave optimistic guidance and reported fourth-quarter results that exceeded expectations. Ford was named as the top pick among U.S. automakers by Morgan Stanley. Earnings season for tech's mega cap companies has concluded, and investor focus will now shift to the release of the U.S. jobs report for further economic insights.
Sentiment: MIXED
Tickers: MMM, META, ALK, IRBT, QCOM, NDAQ, NFLX, .IXIC, LMT, .DJI, .SPX, GOOGL, AAPL, F, CME, TSLA, AMZN, WWE, APX-AU, MSFT, DIS, BA, CTRN, DHI, VZ,
Keywords: prices, joe biden, elon musk, united states, boeing co, apple inc, lockheed martin corp, saudi arabia, meta platforms inc, india, dow jones industrial average, netflix inc, christine lagarde, 3m co, irobot corp, amazon.com inc, citi trends inc, alaska air group inc, dr horton inc, nikki haley, economic events, taiwan, tesla inc, appen ltd, china, earnings, qualcomm inc, ford motor co, business news, jerome powell, janet yellen, world markets, donald trump, world wrestling entertainment inc, iran, walt disney co, s&p 500 index, nasdaq composite, cme group inc, iphone, verizon communications inc, iraq, alphabet inc, nasdaq inc, microsoft corp, beijing, markets,
Source: https://www.cnbc.com/2024/02/02/cnbc-daily-open-more-mega-tech-earnings-in-spotlight-.html