Comic: Wall St.’s Q2 Earnings Season Gets Off To Combined Commence up Amid Covid-19 Impact
By Jesse Cohen
Investing.com – Shares on Wall Road save aside in an uneven efficiency as investors weighed a mixed originate to the company earnings season.
For the week, the and rose 2.3% and 1.2%, respectively, whereas the lost 1.1%.
Kicking off results, Netflix (NASDAQ:) tumbled 6.5% on Friday after the video streaming extensive reported that overlooked analyst expectations and forecast slower-than-anticipated subscriber direct for the leisure of the year.
Earlier than Netflix, all eyes receive been on results from the monetary sector.
JPMorgan Traipse (NYSE:) reported greater-than-anticipated on Tuesday thanks to an enormous surge in trading earnings.
Meanwhile, Goldman Sachs (NYSE:) reported that effortlessly beat analyst expectations on Wednesday, driven by a 93% surge in trading earnings.
In distinction, Wells Fargo (NYSE:) suffered a and slashed its dividend to 10 cents per share.
Next week, Q2 earnings season shifts into high gear with reviews anticipated from market heavyweights at the side of (NASDAQ:), (NASDAQ:), and (NASDAQ:).
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