Oct 13, 2020
We’re starting to see higher-than-expected profits from companies for last quarter
Mark Ralston/AFP via Getty Images
A Big Pharma company has fine results from last quarter even as it runs into a coronavirus vaccine setback. Plus, Disney is reorganizing to boost streaming platforms. And, a tool to make it easier for humans to communicate with dogs.
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Segments From this episode
Uncertainty is diminishing, and as a result big corporations are starting to include future forecasts with quarterly results again
Companies are beating expectations. But Julian Emanuel, chief equity and derivatives strategist at BTIG, says that alone might not be enough to buoy stocks further. “The tendency is that when companies beat expectations, you do tend to see a positive share price reaction, but given how far the market’s run and the uncertainties of the reopening of the economy in the fall, beating on earnings isn’t going to be enough,” Emanuel said.
Disney is reorganizing to put more focus on streaming
Marketplace’s Nova Safo reports.
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The team
David Brancaccio
Host
Victoria Craig
Host, BBC
Stephen Ryan
Senior Producer, BBC
Jonathan Frewin
Producer, BBC
Daniel Shin
Producer
Jay Siebold
Technical Director
Meredith Garretson Morbey
Senior Producer
Alex Schroeder
Producer
Erika Soderstrom
Producer
Rose Conlon
Producer
Brian Allison
Technical Director
