Earnings Reports

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Texas Instruments reported better than expected quarter earnings Tuesday but guided lower for the second quarter. $TXN's earnings report ahead of other chipmakers Advanced Micro Devices $AMD, Qualcomm $QCOM and Intel $INTC.

Social media company Twitter reported better than expected first quarter earnings Tuesday beating on revenue and earnings sending the stock up 17% in a short market. Performance was boosted from marked rise in ad engagements and fall in cost per engagement.

Oil and gas servicing giant Halliburton reported better than expected earnings Monday before the market. $HAL followed dissappointing earnings from Schlumberger and ahead of Baker Hughes a GE Co. $HAL said the worst is over for "pricing deterioration."

The world's largest oil fields service company Schlumberger reported in line Q1 earnings Thursday. The report reflected the expected reduction in North America land activity and seasonal activity in the Northern Hemisphere. SLB expects improved oil sentiment

Morgan Stanley reported betetr than expected first quarter earnings before the bell  Wednesday. $MS followed the other major banks; Bank of America $BAC JPMorgan Chase $JPM, Wells Fargo $WFC, PNC Financial $PNC Goldman Sachs and Citigroup $C reporting

Streaming giant Netflix reported better than expected first quarter earnings and subscriber growth after the close Tuesday but lowered forward guidance. $NFLX said it doesn;t see Disney's new service Disney+ with content from Fox Networks, Disney, Pixar, Marvel and Star Wars hurting.

Bank of America reported better than expected first quarter earnings but missed on revenue before the bell Tuesday. $BAC expenses fell 4% to $13.2 billion, $500 million below analysts’ estimate. JPMorgan Chase $JPM. Wells Fargo $WFC, PNC Financial $PNC and Citigroup $C all reported. 

Citigroup continued the banking sectors Q1 earnings before the market open Monday being hurt by equity markets trading. $C reported ahead of other money center banks Bank of America $BAC and after JPMorgan Chase $JPM, Wells Fargo $WFC, PNC Financial $PNC

Goldman Sachs, America's largest investment bank reported first quarter earnings before the bell Monday that missed on revenue due to the trading, investing and lending segments. $GS lowered employee compensation and cuts workforce by 2%.

Wells Fargo reported b etter than expected Q1 earnings before the bell Friday. $WFC reported along with JPMorgan $JPM and PNC Financial $PNC. Consumer transactions and auto loans improved but nonperforming assets totaled $7.3 billion, well above $6.67 billion estimates.

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