Reply To: Traders Market Weekly: Inflation and Bank Earnings

#50801
Truman
Participant

Amazon.com (AMZN 86.94, +1.80, +2.1%): Amazon plans to eliminate just over 18,000 roles; Several teams are impacted; however, the majority of role eliminations are in its Amazon Stores and PXT organizations
Walgreens Boots Alliance (WBA 36.65, -0.84, -2.2%): beats by $0.02, beats on revs; reaffirms FY23 EPS guidance, guides FY23 revs in-line
NovoCure (NVCR 133.00, +62.47, +88.6%): announces LUNAR study met its primary endpoint demonstrating statistically significant and clinically meaningful improvement in overall survival over standard therapies alone
Western Digital (WDC 34.87, +1.82, +5.5%): aiming to restart merger discussions with Kioxia Holdings Corp, according to Bloomberg
Coinbase (COIN 35.16, -2.54, -6.7%): downgraded to Market Perform from Outperform at Cowen
Microsoft (MSFT 229.83, +0.73, +0.3%): D.A. Davidson initiated coverage with a Buy
Helen of Troy (HELE 115.00, +2.42, +2.2%): beats by $0.15, beats on revs; raises bottom end of FY23 guidance
Silvergate Capital (SI 12.80, -9.15, -41.7%): was forced to sell assets at losses to cover withdrawals, according to WSJ; confirms select preliminary Q4 financial metrics and provides business update; Silvergate’s total deposits from digital asset customers declined to $3.8 billion at the end of the fourth quarter