Two tech names that should emerge as winners despite coronavirus shutdowns via (TradingNation)
"Investors will have this flight to quality," the Loup Ventures founder and managing partner told CNBC's "According to Munster, Apple's longer-term investors will benefit from advancements in 5G, content, software services, wellness and augmented reality. However, he warns they'll first have to cope with next Thursday's challenged quarterly results.
"What investors will largely leave the Tesla earnings call with is this understanding about the significance of the market share gained," he said. "To put it in perspective, in the March quarter, Tesla grew their deliveries by 40%, and the overall auto industry was down by 30%, at least in the U.S..", down about 8%. However, Tesla is outperforming the index. It's soaring 67% in 2020.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
This food stock is one to watch as earnings season kicks into high gear, traders sayThis food stock is one to watch as earnings season kicks into high gear, traders say (via TradingNation)
Read more »
Global Stocks Muted as Earnings Season Picks Up SteamWorld shares held steady at the start of a week in which a slew of corporate earnings reports will help investors gauge the early financial effects of the coronavirus pandemic.
Read more »
Watch Brad Pitt's Hilarious Weather Report for John Krasinski’s ‘SGN'Brad Pitt's laidback weatherman vibes are how we should all forecast the weather in quarantine 🌞
Read more »
Reality Steve Already Knows The Winner Of 'The Bachelor' Spinoff 'Listen To Your Heart'Actually, there are two winners.
Read more »
Netflix And Snap Set To Kick Off Earnings Season Sure To Offer Coronavirus Insights AplentyNetflix and Snap Inc. will report quarterly financial results Tuesday, kicking off what is likely to be one of the most closely watched earnings seasons in recent memory for media and tech companie…
Read more »
Ahead of Netflix earnings, trader predicts a big rally in the cardsNetflix is about to report earnings. Mark Newton of Newton Advisors on where the stock heads next.
Read more »