Diamonds and Dogs
Google/Alphabet (GOOG) is crushing it. Google is up 4% to new highs following blow out earnings. Sales rose 34% to $55.3 billion. YouTube ad revenue rose 50% year over year and is catching up to Netflix in sales. Google also announced a $50 billion share buyback.
Profit-taking in a number of stocks. Microsoft (MSFT) is down 3% following strong earnings. Drugmaker, Amgen (AMGN) is down 7% after missing estimates due to COVID-19 restrictions. Boeing (BA) is down 3% as the company continues its turnaround amid the 737 Max problems and the pandemic crimping demand.
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