{"id":118956,"date":"2019-10-30T21:08:46","date_gmt":"2019-10-30T21:08:46","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=118956"},"modified":"2019-11-06T12:59:48","modified_gmt":"2019-11-06T12:59:48","slug":"rates-down-markets-up-starbucks-facebook-and-apple-beat","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/rates-down-markets-up-starbucks-facebook-and-apple-beat\/","title":{"rendered":"Rates down, markets up, Starbucks, Facebook and Apple beat"},"content":{"rendered":"\n\n\n
This week, you missed Past Top Picks comments by Andrew Pyle<\/a> including The Stars Group<\/a> (A Top Pick Nov 15\/18, Up 21%; He’s starting to exit). Get Premium<\/a> to receive all past top picks opinions a few hours before market open.<\/strong><\/p>\n\n\n
I want past top picks opinions<\/strong><\/a><\/center><\/td>\n<\/tr>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Christmas came early for American investors on Wednesday after the U.S. Fed cut interest rates<\/a>. Investors reacted by bumping the S&P and Dow to new highs, though volumes were light. However, Fed Chair Jerome Powell said that after three cuts this year, he would be taking a breather. “The current stance of monetary policy is likely to remain appropriate,” he said, as long as the American economy and inflation don’t surprise his expectations.<\/p>\n

After-hours, some major U.S. stocks reported. Starbucks<\/a> Q4 report<\/a> met expectations while same-store sales of 6% exceeded predictions of 4.6%. Even its China\/Asian operations rose 5% instead of the expected 3.3%. Similarly, Facebook<\/a> enjoyed its own earnings beat<\/a>.<\/p>\n

Though CEO Mark Zuckerberg has been grilled in Washington over its cryptocurrency plans and privacy vigilance, subscribers remain loyal to the social media giant. The party extended to Apple<\/a> which reported its Q4 gross margins and revenues, including iPhones and services, beating the street. All three shares popped over 2% in immediate after-hours trading and should see pronounced gains on Thursday.<\/p>\n

☕ Starbucks<\/a>
\n👤\u00a0Facebook<\/a>
\n🍎 Apple<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

This week, you missed Past Top Picks comments by Andrew Pyle including The Stars Group (A Top Pick Nov 15\/18, Up 21%; He’s starting to exit). Get Premium to receive all past top picks opinions a few hours before market […]<\/p>\n","protected":false},"author":12,"featured_media":345019,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"cwp_meta_box_check":"No","cwp_rev_product_name":"","cwp_rev_product_image":"","wppr_links":[],"cwp_rev_price":"","wppr_options":[],"wppr_pros":[],"wppr_cons":[],"footnotes":""},"categories":[178],"tags":[31,337,149,28,131,202,336,203,24,335,334,235],"class_list":["post-118956","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily","tag-apple","tag-coffee","tag-cryptocurrency","tag-earnings","tag-facebook","tag-interest-rates","tag-iphones","tag-jerome-powell","tag-social-media","tag-starbucks","tag-u-s-fed","tag-washington"],"wppr_data":{"cwp_meta_box_check":"No"},"_links":{"self":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/118956","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/comments?post=118956"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/118956\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/media\/345019"}],"wp:attachment":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/media?parent=118956"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=118956"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=118956"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}