Pre-market trading:
- Dow down 75 points
- NASDAQ: down 13 points
- S&P: down 8 points
Back to pre-market trading:
- AAPL: up 1.5%; up $3.59; back to where it was several days before earnings reported
- GE: up 11% yesterday; not much movement today
- BA: after a bit of a jump yesterday, dropped back a percent; trending lower today
- TSLA: down a bit
- GM: down very slightly
- EW: up slightly yesterday; no pre-market trading yet
- Hey, what about OKE? Didn't OKE report yesterday?
- forecast: 74 cents
- reported: 74 cents
- OKE: down 2.3% yesterday; down $1.63; trading at $70
- posted lower-than-expected decline in earnings
- earnings, on an adjusted basis, slumped 15% y/y to $4.9 billion
- a lot lower than analysts' estmated of 26%
- earnings of $1.18 beat analysts' estimate of 99 cents
- Shell's revenues of $86.6 billion beat analysts' estimates of $73.7 billion
- previous quarter: earnings touched a two-year low and missed the forecast
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