Move Over Big Tech; This Week Is All About Blue Chips
Move Over Big Tech; This Week Is All About Blue Chips
Following last week's waterfall of quarterly tech reports, the earnings season continues this week with blue chips leading the way, one being Walt Disney Co (NYSE:DIS) reporting later today. But we also see the earnings of pioneers such as Roku Inc (NASDAQ:ROKU), Nikola (NASDAQ:NKLA) and newly public companies such as Virgin Galactic (NYSE:SPCE), Uber Technologies Inc. (NYSE:UBER) and Beyond Meat (NASDAQ:BYND).
Nikola Corporation, the maker of battery-electric and hydrogen powered vehicles will report its first quarter since its June listing. Despite not having sold a single vehicle yet, its company's market capitalization already exceeded $10.8 billion last Friday.
電池電動和氫動力汽車製造商尼古拉公司將公佈自6月份上市以來的第一個季度業績。儘管還沒有賣出一輛車,但該公司的市值上週五已經超過了108億美元。
The Clorox Company (NYSE:CLX) reported Monday and posted the highest sales growth the company has seen in its modern history. With a 24% increase in organic sales last quarter and a 10% increase in organic sales in its latest fiscal year, it followed its peer personal care companies including Kimberly-Clark Corporation (NYSE:KMB), Colgate-Palmolive (NYSE:CL) and The Procter & Gamble Company (NYSE:PG) that already reported strong results as home goods and personal health-care products are still enjoying a high level of demand.
Troubled travel companies crushed by the pandemic are also set to report, including Norwegian Cruise Line Holdings (NYSE:NCLH) and Wynn Resorts Limited (NASDAQ:WYNN). Just like airlines, these companies struggled to readjust their operations and slash costs as quickly as possible to be able to survive the severe reduction in demand. Hilton Worldwide Holdings Inc (NYSE:HLT) and TripAdvisor Inc (NASDAQ:TRIP) are also set for a dismal performance as quarantine and travel restrictions are likely to have significantly impacted their top lines.
Pharmaceutical companies rank highly on our list these days and a few important players are also set to report this week. Regeneron Pharmaceutical (NASDAQ:REGN) just revealed it signed a $450 million contract with the U.S. government for its anti-coronavirus cocktail.
Mylan Inc (NASDAQ:MYL) is a stock with a strong history of beating estimates and as it recently rolled out the branding for its giant generics combo that is being developed with Pfizer Inc (NYSE:PFE), it seems well-positioned to continue that trend. Although their merger is not official yet, it was approved by its shareholders on June 30th. Bristol-Myers Squibb Company (NYSE:BMY), a biopharmaceutical giant, is expected to report a year-over-year increase in earnings on higher revenues for its quarter that ended in June.
On Thursday, we also have some very interesting players to look forward to such as Datadog Inc (NASDAQ:DDOG). For the quarter, the company expects to report a break-even at the very least, with revenues in the range between $134 million and $136 million. Management warned that coronavirus-led disruptions are expected to have hurt net retention rate and new customer additions as well as caused delays in completing deals. But Datadog's potential remains intact in any scenario. Moreover, its growing international presence is likely to have benefited its performance during the quarter.
週四,我們也有一些非常有趣的球員值得期待,比如Datadog Inc.(納斯達克:DDOG)。對於本季度,該公司預計至少會實現盈虧平衡,收入在1.34億美元到1.36億美元之間。管理層警告稱,冠狀病毒導致的中斷預計將損害淨保留率和新客户增加,並導致交易延遲完成。但在任何情況下,Datadog的潛力都保持不變。此外,其日益增長的國際影響力很可能有利於其在本季度的表現。
We are far from being out of the woods, but each week we are getting closer to leaving the pandemic and the resulting economic crisis behind us. This week will also provide us with significant insights on how to live in a COVID-19 reality that has turned our world upside down.
我們還遠未走出困境,但每一週我們都越來越接近擺脱大流行和隨之而來的經濟危機。本週還將為我們提供一些重要的見解,讓我們瞭解如何生活在顛覆了我們世界的新冠肺炎現實中。
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