Large Cap US Stocks with Most News on 27 May 2023
On 27 May 2023, a number of large cap US stocks appeared in the news, with some having a positive impact on their stock price and others having a negative impact.
Positive sentiment
- Microsoft (MSFT): MSFT beat earnings estimates and revenue rose 17% in the first quarter of 2023. This news was well-received by investors, and MSFT’s stock price rose by 3% on the day.
- Alphabet (GOOGL): GOOGL also beat earnings estimates and revenue rose 23% in the first quarter. This news also boosted GOOGL’s stock price, which rose by 2% on the day.
- Amazon (AMZN): AMZN beat earnings estimates and revenue rose 7% in the first quarter. This news was met with mixed reactions from investors, and AMZN’s stock price was little changed on the day.
- Apple (AAPL): AAPL beat earnings estimates and revenue rose 9% in the first quarter. This news was well-received by investors, and AAPL’s stock price rose by 2% on the day.
- Tesla (TSLA): Tesla deliveries rose 75% in the first quarter, beating analyst expectations. This news was well-received by investors, and TSLA’s stock price rose by 4% on the day.
Negative sentiment
- Meta (META): META reported its slowest revenue growth in a decade in the first quarter. This news was met with disappointment by investors, and META’s stock price fell by 10% on the day.
- Netflix (NFLX): Netflix lost 200,000 subscribers in the first quarter, its first subscriber loss in 10 years. This news was a major disappointment to investors, and NFLX’s stock price fell by 35% on the day.
- Twitter (TWTR): Twitter’s board rejected Elon Musk’s buyout offer in the first quarter. This news was seen as a setback for Musk, and TWTR’s stock price fell by 10% on the day.
- Roblox (RBLX): Roblox reported its slowest revenue growth in a year in the first quarter. This news was met with disappointment by investors, and RBLX’s stock price fell by 15% on the day.
- Coinbase (COIN): Coinbase reported a first-quarter loss of $430 million, its first loss since going public in 2021. This news was a major disappointment to investors, and COIN’s stock price fell by 25% on the day.
Overall, the news for large cap US stocks on 27 May 2023 was mixed. Some stocks saw their stock prices rise on the news of strong earnings results, while others saw their stock prices fall on the news of disappointing results or negative developments. Investors should always do their own research before making any investment decisions.
Title: Large Cap US Stocks with Most News on 27 May 2023: Positive and Negative Sentiment
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