Diamonds and Dogs
CVS Health (CVS) blow out earnings. CVS is up 3% to new highs following strong earnings. The health-care company gave 17 million Covid shots at long-term care facilities and at its pharmacies through April. Sales in the front of the store, fell 11% year-over year due to a weak cough, cold and flu season, coupled with the pandemic's contagion precautions, kept some customers out of its stores.
Tech taking it on the chin once again. Apple (AAPL) is down 4% on a downgrade, but Zoom Video (ZM) is down 4% as well as CEO of JP Morgan Chase said its time to ditch zoom calls saying, "I'm about to cancel all my Zoom meetings. I'm done with it."
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