Daily Scoop 7-21

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Today's Scoop:Brushed Off

Big Picture

1. Corporations had a really profitable quarter.

2. Bitcoin prices are recovering from regulatory concerns.

3. Rising covid cases are causing businesses to re-evaluate return to office plans.

The Market 

⬆️

+0.8%

S&P 500: 4,358.69

1Mo:

+3%

| 1Yr:

+33%

| 5Yr:

+100%

Markets continued to rise today, erasing Monday's crash, as investors got over their concerns around spiking covid cases. Investors are starting to consider that rising cases might not lead to business shutdowns. So far,

85%

of companies have reported earning even higher second-quarter profits than investors initially expected.

Company Scoops ❤🌎💰

(Click to dig in & vote your reaction, see how others feel)

Netflix

slowing down

-

Apple

being cautious

-

Chipotle's

burrito boom

-

Exxon's

new female leader

-

United Airlines's

recovery in progress

🤓 Inside Scoop...

Earnings is another word for profits. Earnings season is the period after the end of the quarter where most public companies report on their financial health. Every public company is required to publicly disclose their financial health every quarter.

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Ready to take your share & put your dollars behind your opinions?

We recommend starting at

M1 Finance

or

Webull

.

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