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Consumer electronics giant Apple reported better than expected September quarter earnings Thursday. Revenue from iPhones dissppointed. $AAPL did not other guidance given the COVID-related supply chain and consumer disruptions. Sales in Greater China were weak, down 28% on the year.

Etsy reported better than expected third-quarter earnings after the market Wednesday. Revenues came in over $400 million with the marketplace platform expected to have sustained momentum during the coronavirus lockdown with orders and customer relationships becoming more developed.

Stock markets tumbled Wednesday as Coronavirus cases surged throughout Europe sending the European stock indices sharply lower. The German DAX - 4.4%, French CAC40 -3.69% and Italian FTSE MIB -3.6% leading the UK, Europe and US indices all into deep red territory.

Software giant Microsoft reported better than expected September quarter earnings Tuesday after the close. The Azure public cloud for hosting applications and websites grew 48%, accelerating from 47% in the prior quarter, faster than the 44% growth. Server products and cloud services revenue advanced 22%.

Social media company Snap, owner of Snapchat reported better than expected third quarter earnings expectations with revenues up 52% year-over-year and a adjusted EPS of $0.01 versus a loss of $0.04 last year. Daily active users rose by 18% year-over-year to 249 million.

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

Carver Bancorp announced Tuesday that it entered in a deal with Bank of America subsidiary, Banc Of America Strategic Investments Corporation, Carver stock $CARV was boosted last week with the news JP Morgan would be looking to lend $30 billion to minorities.

Citigroup posted better than expected results before the market as equity and fixed interest revenue helped overcome lockdown related credit-loss losses. $C reported after other money center banks JPMorgan Chase $JPM, Wells Fargo $WFC.

JPMorgan Chase, America's largest bank reported better than expected Q3 earnings Wednesday before the open. $JPM Investment banking revenue rose 12% to $2.1 billion on higher stock and bond underwriting fees. Citbank and Wells Fargo also reported Tuesday.

Morgan Stanley continues in its aim to become the leading wealth and investment ervices firm with another aggressive aquistion. $MS announced an intention to buy Eaton Vance $EV for $7 billion. This follows the bank completing its $13 bln acquisition of E*TRADE $ETFC.

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