The staggering run into this report lets go straight to phil lebeau with all the details. A beat on the top and bottom line and the beat on the bottom line is significant. Lets run through some of the numbers. Much better than expected earnings per share and its a fourth straight profitable quarter for tesla. 2. 18 is how much it earned in the Second Quarter the street was expecting three cents profit revenue just over 6 billion as i mentioned, a fourth straight profitable quarter for tesla. We know the significance of that it is the last hurdle the company needed to clear in order to be included in the s p 500. Lets drill down some numbers within the report that are going to get attention operating cash flow, 418 million. Automotive revenue was actually down it declined by 3. 4 in the quarter, not a surprise given the fact that you had the freemont factory shut down for five or six weeks. But the automotive regulatory credits revenue, thats where they made it up. That was up 317 milli
What were looking for in oil Company Earnings in the days ahead. And the u. S. Paying pfizer and biontech 2 billion to deliver 100 million doses of a covid19 vaccine, what it means for stocks. On the virtual round table, ben levisohn, carlton english and jack howe. So, ben, so much happened last week. We had a real live pitch go out in baseball. It wasnt a classic. Basketball players are gearing up to start again, and small cap stocks did better than the nasdaq. What do you want to start with . [laughter] well, i was excited to see the Denver Nuggets go out and scrimmage. They did what investors have been doing, they decided to go big. Thaw put a 7footer at point guard, and it didnt go well. You can say the same thing about big tech earnings this week. Microsoft beat their numbers, they fell more than 4 . Intel, they beat, they were down more than 10 . Teslaallyed 5 after the tesla rallied 5 after reporting, finished the day down 5 . These stocks gained so much heading into their earni
Earnings season. Afraid computers might crash item your helpful i. T. Guy, mike khouw has some patches for your portfolio. Its time to risk less and make more options action starts right now. And lets get right to it despite the weak selloff in the market, one group of stocks managed to lay down some strong foundations for a rally. The itv Home Construction etf managed to rally 4 this week. And carter says there is one name in that that would make for a particularly sturdy trade. So carter, whats the name right, its Sherwin Williams. Well look at a couple of charts, but this is all weve discussed this on other shows, its the rate environment, its the one area within consumer discretion that is holding up so well and yet, not extended and not overbought, so a lot of characteristics that make this desirable. Lets look at a few tables and charts the first is, talking about Sherwin Williams, this is one of the best performing stocks in the market, regardless of its line of business here yo
What were looking for in oil Company Earnings in the days ahead. And the u. S. Paying pfizer and biontech 2 billion to deliver 100 million doses of a covid19 vaccine, what it means for stocks. On the virtual round table, ben levisohn, carlton english and jack howe. So, ben, so much happened last week. We had a real live pitch go out in baseball. It wasnt a classic. Basketball players are gearing up to start again, and small cap stocks did better than the nasdaq. What do you want to start with . [laughter] well, i was excited to see the Denver Nuggets go out and scrimmage. They did what investors have been doing, they decided to go big. Thaw put a 7footer at point guard, and it didnt go well. You can say the same thing about big tech earnings this week. Microsoft beat their numbers, they fell more than 4 . Intel, they beat, they were down more than 10 . Teslaallyed 5 after the tesla rallied 5 after reporting, finished the day down 5 . These stocks gained so much heading into their earni
Hi, everybody hello, melissa its great to be with you, sort of, here back in the kitchen the s p at its highest level in about a months time. You have amazon, you have apple, youve got alphabet. Aaa right there. Facebook and netflix as earning season kicks off this week the big banks starting tomorrow. Lets get to bob for more. A little bit of a milestone just about 40 minutes or so ago. We turned positive for the year on the s p 500 i know its hard to believe we started the year on the s p about 3231 were a bit below that we did hit it about 40 minutes ago. We positive for the year the low for the year, 2191 that was on march 23rd the high, february 19th, 3393. Were still below that but not by an awful lot. Quite a remarkable run if we with close over 3232, that will break out to its highest level since february the bottom line is markets on an upswing here tyler told you about the new highs if faangs. Some of the stay at home names. Walmart x costco clorox also intraday high. Were ta