📊🇺🇸 EARNINGS — WEDNESDAY, OCTOBER 28
The day is off to a broadly positive start among the companies that reported before the opening of Wall Street.
⚡️ 🟢 GE Vernova ($GEV)
Solid results, supported by order growth and strength in its power and electrification businesses. The company raised its full-year outlook.
🖥 🟢 Vertiv ($VRT)
Very positive results. Demand related to data centers and artificial intelligence continues to accelerate, and the company raised its forecasts again.
🔌 🟢 Amphenol ($APH)
A record quarter, with particular strength in data center connectivity. The company also announced a dividend increase and new share buybacks.
🩺 🔴 Boston Scientific ($BSX)
Disappointing results. Although revenue held up, earnings and the outlook fell short of expectations.
🧬 🟢 Biogen ($BIIB)
Beat expectations and confirmed a recovery in growth, alongside an improvement in its full-year outlook.
💼 🟢 ADP ($ADP)
Favorable results, with steady growth in its business and an upward revision to its earnings forecasts.
🎯 SUMMARY: A clearly positive morning, with Vertiv, GE Vernova, and Amphenol as the main standouts. The only negative note came from Boston Scientific.
👀 Attention now shifts to Microsoft, Alphabet, and the other companies reporting after the close.
#CanMicrosoftDeliverOnAI #CanGoogleDefindItsCore
The day is off to a broadly positive start among the companies that reported before the opening of Wall Street.
⚡️ 🟢 GE Vernova ($GEV)
Solid results, supported by order growth and strength in its power and electrification businesses. The company raised its full-year outlook.
🖥 🟢 Vertiv ($VRT)
Very positive results. Demand related to data centers and artificial intelligence continues to accelerate, and the company raised its forecasts again.
🔌 🟢 Amphenol ($APH)
A record quarter, with particular strength in data center connectivity. The company also announced a dividend increase and new share buybacks.
🩺 🔴 Boston Scientific ($BSX)
Disappointing results. Although revenue held up, earnings and the outlook fell short of expectations.
🧬 🟢 Biogen ($BIIB)
Beat expectations and confirmed a recovery in growth, alongside an improvement in its full-year outlook.
💼 🟢 ADP ($ADP)
Favorable results, with steady growth in its business and an upward revision to its earnings forecasts.
🎯 SUMMARY: A clearly positive morning, with Vertiv, GE Vernova, and Amphenol as the main standouts. The only negative note came from Boston Scientific.
👀 Attention now shifts to Microsoft, Alphabet, and the other companies reporting after the close.
#CanMicrosoftDeliverOnAI #CanGoogleDefindItsCore