Boeing, Coca-Cola, McDonald’s: 3 Things to Watch By Investing.com – Investing.com
Boeing, Coca-Cola, McDonald’s: 3 Things to Watch By Investing.com – Investing.com
© Reuters.
By Dhirendra Tripathi
Investing.com -- Stocks jumped again on Tuesday, pushing the to another record high as technology earnings continue to roll in.
Tesla Inc (NASDAQ:)shares continued to climb even after the electric car maker’s market value topped $1 trillion for the first time on Monday, making it more valuable than the next nine automaker stocks combined.
NVIDIA Corporation (NASDAQ:), whose chips are used for gaming, artificial intelligence and crypto mining, hit an all time high. After the closing bell, investors will hear quarterly earnings from Twitter Inc (NYSE:), Microsoft Corporation (NASDAQ:) and Google (NASDAQ:) parent Alphabet Inc Class C (NASDAQ:)
In good news for holiday shoppers, United Parcel Service Inc (NYSE:)reported better-than-expected quarterly earnings and revenue, bolstered by strong e-commerce demand, while industrial stalwart General Electric Company (NYSE:) raised its full-year earnings guidance.
Reuters reported that earnings at S&P 500 companies are expected to grow 35.6% compared to last year despite supply-chain bottlenecks, labor shortages and inflationary pressures.
Oil prices rose again, too, and seemed destined to top $100 a barrel as increasing fuel demand, particularly in the U.S., is mismatched with only gradual increases in supply. Data from the