Diamonds and Dogs
UPS (UPS) blow out earnings. UPS is up 11% to new highs after easily beating expectations as revenue rose 27% to $22.91 billion. Besides packages, UPS delivered more than 1.1 million vaccine shipments to 50 countries and territories.
Tesla (TSLA) trading lower following earnings. Tesla is down 4% even though the company beat expectations as sales rose 73% to $10.39 billion. Unfortunately, most of the profits came from gains on trading Bitcoin as well as higher-than-expected sales of regulatory credits Tesla earns for producing zero-emission vehicles.
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