Stocks

Stock upgrades and downgrades December 2020 to June 2021

ASIC has today commenced proceedings in the Federal Court against Westpac Banking Corporation (Westpac) for insider trading, unconscionable conduct and breaches of its Australian financial services licensee obligations

Amazon reported 1Q earnings beating the analyst's expectations both in top and bottom line. Amazon reported earnings: of $15.79 /share well above Wall Street expectations

Qualcomm reported fiscal 2Q results better than analysts expectations. QCOM reported earnings of $1.90/share, topping the expectations of $1.67/share.

Facebook reported better than expected 1Q results after the bell. FB reported earnings of $3.30/share topping the expectations of $2.37/share

LYFT announced today that the company has signed an agreement with “Woven Planet” a subsidiary of Toyota Motor Corporation, for the acquisition of Lyft’s self-driving vehicle division, Level 5

Tesla reported earnings after the closing bell.  TSLA reported earnings of 93 cents per share beating the consensus of 79 cents per share. Revenue reported at $10.39 billion slightly better

Netflix (NFLX) trades 9% lower in after-market trading as investors disappointed by the new subscriber's figures. NFLX added 3.98 million new subscribers

fuboTV Inc. and Marquee Sports Network announced today a carriage agreement that will bring Chicago Cubs game coverage to the leading sports-first live TV streaming platform in the coming weeks.

Fitch Ratings has upgraded the Long-Term Issuer Default Rating (IDR) for Microsoft Corporation to 'AAA' from 'AA+'. The Rating Outlook is Stable. The Short-Term IDR has been affirmed at 'F1+'. The ratings affect $64 billion of debt.