More insights from earnings reports: Stock trading, IPOs and semiconductor makers holding strong

More insights from earnings reports: Stock trading, IPOs and semiconductor makers holding strong

People walk past a TD Bank in Brooklyn, New York.

Drew Angerer | Getty Images

Earnings keep coming in, and while some high-profile companies are continuing to refuse providing guidance, many are making very interesting comments about the state of their industries. Here's a few:

Stock trading really strong. A solid report from TD Ameritrade. Equity trading remains strong with Daily Average Revenue Trades (DARTS) up 62% from prior year. That was not as high as March to May but still strong, with asset growth and revenues above guidance. The move to $0 commissions and all the trading volatility really helping these e-brokers. Nasdaq also reported record trading volumes. Interactive Brokers also reported really strong volume.

Initial public offering business also doing really well. Nasdaq CEO Adena Friedman: "The reopening of the IPO window is very encouraging. We have seen a steady inflow of listings from technology and health care ... Looking ahead to the second half of the year, we see a very healthy pipeline of companies looking to tap public markets with many intending to execute again ahead of the November U.S. presidential election."

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