Motley Fool Hidden Gems Investing Earnings-palooza: Welcome to Club Trillion!
Jan 31, 2020
Amazon bounces back to a trillion-dollar market cap, thanks to strong performances in its North American and AWS sectors. Tesla surprises with impressive earnings, driving stock prices up significantly. Meanwhile, major tech players like Apple and Microsoft continue their successful streaks, while Facebook faces margin concerns. Listen for insights on Starbucks, PayPal, and the latest marketing strategies from brands like Colgate-Palmolive and McCormick. Plus, discover Atari's unique gaming-themed hotels and the impact of leadership changes at IBM.
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Colgate-Palmolive's Sales Growth
- Colgate-Palmolive's stock rose due to higher-than-expected sales, driven by global unit volume and pricing increases.
- Increased advertising spend offset some of the profit gains.
McCormick's Steady Performance
- McCormick's Q4 results were steady but not outstanding, leading to a slight stock dip.
- They’ve had 34 consecutive years of dividend increases and continue to innovate with new products.
Starbucks and the Coronavirus
- Starbucks' Q1 profits exceeded expectations, but concerns over the coronavirus impact in China affected the stock.
- They temporarily closed over half of their Chinese stores, impacting investor sentiment.