{"id":334540,"date":"2023-08-03T17:27:01","date_gmt":"2023-08-03T21:27:01","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=334540"},"modified":"2023-08-03T21:40:08","modified_gmt":"2023-08-04T01:40:08","slug":"earnings-winners-and-losers-markets-drift","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/earnings-winners-and-losers-markets-drift\/","title":{"rendered":"Earnings winners and losers, markets drift"},"content":{"rendered":"<p>Stocks in Toronto and New York on Thursday extended losses, but finished the day paring back most of their losses. The TSX shed 0.48% to\u00a0 stay above 20,000. Few sectors besides energy were positive and most were down, led by utilities and consumer staples.<\/p>\n<p>Major movers, however, beat estimates as they reported with mostly positive shareholder reactions: <a href=\"https:\/\/stockchase.com\/ATRL-T\">SNC-Lavalin<\/a> surged 10.08%, <a href=\"https:\/\/stockchase.com\/LSPD-T\">Lightspeed<\/a> 7.72%, <a href=\"https:\/\/stockchase.com\/TOY-T\">Spin Master<\/a> 7.53%, <a href=\"https:\/\/stockchase.com\/BBD.B-T\">Bombardier<\/a> -8.49% and <a href=\"https:\/\/stockchase.com\/SHOP-T\">Shopify<\/a> -5.4%. Meanwhile, crude oil resumed its run as WTI jumped 2.25% to trade around $81.75 a barrel.<\/p>\n<p>The Fitch downgrade continued to echo across Wall Street as the S&amp;P closed -0.25% to settle at 4,501, the Nasdaq -0.1% to finish below 14,000, and the Dow -0.19%. Many key companies reported beats but with forecast warnings: <a href=\"https:\/\/stockchase.com\/QCOM-Q\">Qualcomm<\/a> -8.18%, <a href=\"https:\/\/stockchase.com\/EXPE-Q\">Expedia<\/a> -16.38%, and <a href=\"https:\/\/stockchase.com\/MGM-N\">MGM Resorts<\/a> -7.11%. However, after hours <a href=\"https:\/\/stockchase.com\/AMZN-Q\">Amazon<\/a> reported a strong beat and surged over 7%, Block also reported and rallied, and Apple beat, but shares wavered. Meanwhile, the U.S. 10-year yield climbed to 4.183% while <a href=\"https:\/\/stockchase.com\/CRYPTO:BTC\">Bitcoin<\/a> added 0.5% to $29,300.<\/p>\n<p>&#x1f477;&#x200d;&#x2640;&#xfe0f; <a href=\"https:\/\/stockchase.com\/ATRL-T\">SNC-Lavalin Group Inc. (SNC-T)<\/a> +10.08%<br \/>\n&#x1f4be; <a href=\"https:\/\/stockchase.com\/LSPD-T\">Lightspeed Commerce Inc (LSPD-T)<\/a> +7.72%<br \/>\n&#x1f9f8; <a href=\"https:\/\/stockchase.com\/TOY-T\">Spin Master Corp (TOY-T)<\/a> +7.53%<br \/>\n&#x1f682; <a href=\"https:\/\/stockchase.com\/BBD.B-T\">Bombardier Inc (B) (BBD.B-T)<\/a> -8.49%<br \/>\n&#x1f6cd; <a href=\"https:\/\/stockchase.com\/SHOP-T\">Shopify Inc. (SHOP-T)<\/a> -5.4%<br \/>\n&#x1f4be; <a href=\"https:\/\/stockchase.com\/QCOM-Q\">Qualcomm (QCOM-Q)<\/a> -8.18%<br \/>\n&#x1f6eb; <a href=\"https:\/\/stockchase.com\/EXPE-Q\">Expedia (EXPE-Q)<\/a> -16.38%<br \/>\n&#x2660; <a href=\"https:\/\/stockchase.com\/MGM-N\">MGM Mirage (MGM-N)<\/a> -7.11%<br \/>\n&#x1f4e6; <a href=\"https:\/\/stockchase.com\/AMZN-Q\">Amazon.com, Inc. (AMZN-Q)<\/a> +7%<br \/>\n&#x1f171; <a href=\"https:\/\/stockchase.com\/CRYPTO:BTC\">Bitcoin (BTCUSD) (CRYPTO:BTC)<\/a> +0.5%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Stocks in Toronto and New York on Thursday extended losses, but finished the day paring back most of their losses. The TSX shed 0.48% to\u00a0 stay above 20,000. Few sectors besides energy were positive and most were down, led by [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":174836,"comment_status":"open","ping_status":"closed","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":[],"class_list":["post-334540","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily"],"wppr_data":{"cwp_meta_box_check":"No"},"_links":{"self":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/334540","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=334540"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/334540\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/media\/174836"}],"wp:attachment":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/media?parent=334540"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=334540"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=334540"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}