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Commonstock Team
@commonstock
04/22/2021
Today's Most Shared on Commonstock
Snap up 3% after earnings beat
Daily active users (DAUs) up 22% to 280 million
Top-line revenue increased 66% during the first quarter
Company cited ad product improvements and heightened engagement during the pandemic
American Airlines down 4% after earnings miss
Airline missed on revenue, adjusted EPS, and load factor
Still burning cash, but at a lower rate than the previous quarter
Adjusted EPS and revenue both missed analyst expectations, though revenue missed by a small margin
Intel down 2% despite earnings beat
Revenue and profit drop slightly Y/Y
Earnings are the first with CEO Pat Gelsinger at the helm
Demand for microchips is skyrocketing around the world
CNBC
Intel revenue and profit drop slightly from last year
Intel CEO Pat Gelsinger announced earlier this month that the company plans to invest $20 billion in new microchip manufacturing plants.
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Commonstock Team
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