The cigarette company also resumed  issuing its full-year guidance. The company’s earnings for the quarter came in at $1.29 an adjusted share, beating analysts’ forecast of $1.10 a share .The figure in the year-ago quarter was $1.46 a share. Revenue of $6.65 billion came in above the $6.5 billion expected by analysts. Cigarette and heated tobacco unit shipment volume fell -14.5%, on a -17.6% decrease in cigarette shipment volumes.

Coca-Cola Co.  beat earnings expectations for the second quarter, but revenues missed estimates. The beverage giant’s adjusted earnings for the three months ending June came in at 42 cents per share, down -33.3% year-over-year and ahead of the Street consensus estimate of 40 cents per share. However, revenue of $7.2 billion fell short of  analysts' estimates of a $7.57 billion.The figure was also -28% lower from the same quarter last year. The company cited " pressure in away-from-home channels, which represent approximately half of the company’s revenues" (and include clients such as sports stadiums and restaurants) as factors behind the revenue decline. The company withdrew its full-year earnings guidance on April 21.

On Tuesday, International Business Machines  (IBM) reported second quarter earnings that surpassed estimates. The cloud/information technology behemoth’s adjusted operating earnings for the three months ending in June declined -31.2% year-over-year to $2.18 per share, but exceeded the Street expectation by more than 10 cents. Revenue for the quarter fell - 5.5% year-over-year to $18.1 billion.  Citing “ the uncertainty in the environment and consistent with our direction from last quarter”, IBM did not provide near-term earnings guidance. According to Tickeron, IBM enters an Uptrend because Momentum Indicator exceeded the 0 level on July 13, 2020 This indicator signals that IBM's price has momentum to move higher, since its current price moved above its price 14 days ago.

Peloton got a price target hike from Goldman Sachs analysts. Goldman raised price target on the shares of the  home-workout-technology company to a Wall-Street-high $84 per share (from $66 per share)., while re-affirming its buy rating.  Goldman cited  sustained demand and above-average delivery wait times led to connected-subscriber growth surpassing Goldman's prior guidance estimates. Peloton is increasing the consumer value proposition for both Peloton products and the broader digital ecosystem, according to Goldman. The investment firm now predicts Peloton's revenue to rise +13.5% per year between 2020 and 2022.The odds of a continued Downtrend are 75%. Following a 3-day Decline, the ticker is projected to fall further.

Jefferies boosted Amazon's price target to $3,800 from $3,100.They raised eBay's price target to $58 from $52, and Etsy’s to $125 from $110.  Analyst Brent Thill cited continued “elevated top-line growth” for e-commerce through June and into July, as pandemic-induced behavioral changes has permanently increased online consumption.

including Noble’s debt) of the deal is $13 billion. “Our strong balance sheet and financial discipline gives us the flexibility to be a buyer of quality assets during these challenging times,” Chevron CEO Michael Wirth said." According to Tickeron, CVX in Uptrend: price may ascend as a result of having broken its lower Bollinger Band on July 09, 2020 This price move signals that CVX may jump back above the lower band and head toward the middle band.

Britain's biopharmaceutical  AstraZeneca plc  and Oxford University published data from an early stage trial of a coronavirus vaccine study . The two groups described  humoral and cellular immune responses in human trials, with an acceptable safety profile.According to the study, there were 'potent' cellular and humoral immunogenicity in all 1,077 participants in the Phase 1/Phase II study. “The immune responses observed following vaccination are in line with what we expect will be associated with protection against the SARS-CoV-2 virus, although we must continue with our rigorous clinical trial programme to confirm this.

A number of the largest semiconductor manufacturers will be releasing earnings in the next few weeks.STM is pretty average in terms of the analysts’ ratings as well as the short interest ratio. All in all, I would say the outlook for Intel, STMicroelectronics, and Texas Instruments is pretty solid.

JB Hunt Transport Services  got price target hikes from at least two analysts . Amit Mehrotra of Deutsche Bank upgraded rating on the trucking company’s stock to hold from sell.In a commentary cited by Bloomberg, Mehrotra said that a substantial net decrease of truckload capacity is coming in coming quarters, and that will create an upward pressure on volume and pricing, along with (what he perceives to be) a clear cyclical rebound. He also mentioned that low interest rates, limited capital expenditures and an improving growth outlook provide a “potent backdrop for high multiples” . Raymond James analyst Patrick Tyler Brown affirmed his outperform rating, and raised his price target to $145 from $140.

 Analysts Dan Levy and AJ Denham mentioned in a note that they see “multiple factors” causing the recent sharp run-up in Tesla stock,  including “EV euphoria” and short-sale covering and buying by momentum investors.The analysts cited tailwinds like Tesla’s Battery Day (when the company will unveil a long-lasting battery) and possibly positive earnings to be reported for the second-quarter as reasons behind their optimism for the stock. However, Levy  and Denham  cautioned that Tesla shares at current levels are “priced to perfection, we believe any material near-term negative datapoint could lead to a drawdown”. According to Tickeron, TSLA's Aroon indicator reaches into Uptrend on July 16, 2020 For traders, this could mean going long on the ticker or exploring call options in the next month.

Bloom Energy   shares jumped, following the alternative-energy company’s announcement that it will be introducing hydrogen-powered fuel cells and electrolyzers that produce renewable hydrogen. The company said the fuel cells will be first introduced in South Korea in 2021 through a collaboration  with SK Engineering and Construction (an affiliate of SK Group).The odds of a continued Downtrend are 90%. Fundamental Analysis (Ratings) Tickeron has a positive outlook on this ticker and predicts a further increase by more than 4.00% within the next month with a likelihood of 73%.

Tesla  is reportedly  planning to shutter  its factory in Fremont, California. According to publication Electrek, as the electric carmaker shut down its plant in March due to the COVID-19 outbreak,  it also decided to use the situation as an opportunity to  upgrade the facility (as reported by Electrek ) “The strategy follows Tesla’s famous GA4 assembly line built under a tent-like structure in 2018,” Electrek's report said. Electrek also mentioned an internal company leak that Tesla workers have suffered a spike in Covid-19 exposure, primarily at the Fremont factory. According to Tickeron, TSLA's Aroon indicator reaches into Uptrend on July 14, 2020 For traders, this could mean going long on the ticker or exploring call options in the next month.In 217 of 275 cases where TSLA Aroon's Indicator entered an Uptrend, the price rose further within the following month.

When the market went through its big selloff from February 19 through March 23, the SPDR S&P Growth ETF (NYSE: SPYG) dropped 31.27%.While that is a pretty sizable decline, the SPDR S&P Value ETF (NYSE: SPYV) fell 36.67%. Even after the bounce off the lows, the growth index has outperformed the value index.

The odds of a continued Uptrend are 74%. The Moving Average Convergence Divergence (MACD) just turned positive.The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected. The Stochastic Indicator demonstrated that the ticker has stayed in the overbought zone for 8 days.

Citigroup Inc. reported its second quarter earnings that beat analysts’ expectations, on the back of trading revenues strength. The bank’s earnings for the three months ending June came in at 50 cents per share, topping the Street consensus forecast of 29 cents per share.However, the figure is down -72.6% from the year-ago quarter. Revenues rose +5.3% year-over-year to $19.77 billion, exceeding analysts' estimates of  $19.1 billion. Solid capital markets trading revenues added positively to the results.

JPMorgan Chase & Co.'s second quarter earnings came in higher than expected by analysts.However, the financial behemoth announced that it would suspend its share buyback program through to at least the end of September. JPMorgan’s net income for the three months ending in June was  $4.7 billion, or $1.38 per share, beating the Street estimate of $1.04 per share.

The bank also cut  its dividend as coronavirus pandemic continues to wreak havoc in the economy. Wells Fargo ‘s net loss for the quarter came in at -$2.4 billion, or -66 cents a share, compared to income of +$6.2 billion, or +$1.30 a share  in the year-ago quarter.The loss was steeper than -16 cents a share loss expected by analysts polled by FactSet. Revenue of $17.8 billion was lower than year-ago quarter’s $21.6 billion. Net interest income of $9.88 billion fell -$2.2 billion year-over-year.

Yee gave  the biopharmaceutical company a share-price target of $90. Last week, Moderna said it completed enrolling patients for a Phase II study of the vaccine candidate, mRNA-1273. Yee predicts that mRNA-1273 will have at least an emergency-use authorization by early next year. Moderna said that it’s on track to deliver 500 million doses per year, and possibly up to 1 billion doses per year, starting 2021. According to Tickeron, MRNA enters an Uptrend because Momentum Indicator exceeded the 0 level on July 09, 2020 This indicator signals that MRNA's price has momentum to move higher, since its current price moved above its price 14 days ago.

A number of companies have seen their stock prices soar as demand for their services or products increased due to people staying at home.Both companies are set to report second quarter earnings in the next few weeks and both companies are expected to show significant increases in earnings per share when compared to the previous year. Netflix is expected to report earnings results on July 16.

They cited what they believe is an  pandemic-driven dominance of digital sales. Citi analyst Jason Bazinet said that while his team anticipate total U.S. retail sales in 2022 to be 1% above 2019 levels ,they expect  e-commerce to increase 43% while brick-and-mortar retail to fall 4%.If that holds up, Amazon's prospect potentially gets boosted. Bazinet expects Amazon to have 43% of the domestic e-commerce market by 2022, up from 38% in 2019, and almost 7% of total U.S. retail sales by 2022, up from 4% last year. According to Tickeron, AMZN in +6.08% Uptrend, growing for three consecutive days on July 09, 2020 As a Bullish sign, keep an eye on this company's ticker for future growth.