Dow Surges 250 Points; Exxon Mobil Earnings Miss Expectations
Portfolio Pulse from Lisa Levin
US stocks traded higher with the Dow Jones gaining around 250 points. Exxon Mobil Corp reported weaker-than-expected Q2 earnings with adjusted EPS of $1.94 missing the consensus estimate of $2.01. Business First Bancshares, Reata Pharmaceuticals, and Roku reported positive quarterly results while Tonix Pharmaceuticals, Sleep Number Corporation, and Eos Energy Enterprises reported negative results.
July 28, 2023 | 3:31 pm
News sentiment analysis
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POSITIVE IMPACT
Business First Bancshares reported positive quarterly results.
Business First Bancshares' positive earnings could boost its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Reata Pharmaceuticals reported positive quarterly results.
Reata Pharmaceuticals' positive earnings could boost its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Roku reported positive quarterly results.
Roku's positive earnings could boost its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
NEGATIVE IMPACT
Eos Energy Enterprises reported negative quarterly results.
Eos Energy Enterprises' negative earnings could negatively impact its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
NEGATIVE IMPACT
Sleep Number Corporation reported negative quarterly results.
Sleep Number Corporation's negative earnings could negatively impact its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
NEGATIVE IMPACT
Tonix Pharmaceuticals reported negative quarterly results.
Tonix Pharmaceuticals' negative earnings could negatively impact its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
NEGATIVE IMPACT
Exxon Mobil reported weaker-than-expected Q2 earnings.
Exxon Mobil's weaker-than-expected earnings could negatively impact its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100