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MARKETS LIVE BLOG:

STOCKS RISE, LED BY STELLAR ALPHABET, MICROSOFT EARNINGS

Results from 'Magnificent Seven' duo show cloud revenue boosted by strong AI demand

Company News For Aug 5, 2019

Zacks Equity Research

  • Exxon Mobil Corporation’s XOM shares dipped 1% after the company reported second quarter 2019 earnings per share of $0.73, lower than $0.92 a share in the year ago quarter

  • Newell Brands Inc.’s NWL shares gained 14.2% after the company reported second quarter 2019 earnings per share of $0.45, surpassing the Zacks Consensus Estimate of $0.36

  • Shares of Restaurant Brands International Inc. QSR gained 6.1% after the company reported second quarter 2019 earnings per share of $0.71, surpassing the Zacks Consensus Estimate of $0.67

  • Shares of Aphria Inc. APHA surged 41% afterthe company reported fourth quarter fiscal 2019 revenues of $96 million, surpassing the Zacks Consensus Estimate of $74 million


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