Alphabet Inc Class CFell 4.2% despite earnings beat as investors focused on increased capital expenditure guidance.
Eighty-three percent of the 78 S&P 500 companies that reported earnings this week exceeded earnings-per-share estimates, with 65 beating, 10 missing, and three meeting expectations. Sixty firms posted year-over-year earnings growth, while on the revenue side 59 topped estimates and 69 showed year-over-year expansion. Notable movers included Lockheed Martin, which surged 10.7% after beating estimates and raising its outlook, and Alphabet, which fell 4.2% despite an earnings beat as investors focused on increased capital expenditure guidance. Next week, more than 145 S&P 500 companies are scheduled to report, headlined by Microsoft, Apple, Meta Platforms, and Amazon.
Alphabet Inc Class CFell 4.2% despite earnings beat as investors focused on increased capital expenditure guidance.
Apple Inc.
Amazon.com Inc
3M Company
Microsoft Corporation
Lockheed Martin CorporationSurged 10.7% after beating estimates and raising its outlook.
The Boeing Company
RTX Corporation
Bristol-Myers Squibb Company
Regeneron Pharmaceuticals Inc
General Motors Company
Tesla Inc
Intel Corporation
Qualcomm Incorporated
Kinder Morgan Inc
Exxon Mobil Corp
AT&T Inc.
Verizon Communications Inc
Chevron Corp
International Business Machines
Mastercard Inc
Meta Platforms Inc.
Newmont Goldcorp Corp
Procter & Gamble Company
United Parcel Service Inc