Google Sued Over App Store

Shares of CVS Health fall despite strong 2^nd-quarter profits and raising guidance. Live Nation Entertainment’s 2^nd-quarter results has their CEO excited for 2022 and 2023. Jason Moser analyzes those stories and discusses whether Apple’s new partnership with Affirm Holdings indicates more than just the partnership.

Clorox ends its fiscal year with a whimper, not a bang. Under Armour shares rise on a strong 2^nd-quarter and reasons for optimism. Gartner pops more than 10% on its own strong 2^nd quarter. Asit Sharma analyzes those stories and shares why having a good brand is helpful, but not always enough.  

Square buys Afterpay, the Australian payments company, for $29 billion in stock. Foot Locker buys two smaller athletic apparel retailers (WSS and Atmos) for a combined $1.1 billion. Jason Moser analyzes both acquisitions, as well as Square’s 2^nd-quarter results.

Facebook’s 2nd-quarter revenue growth was driven by its ability to charge more for ads. PayPal’s 2nd-quarter payment volume grew 40%, but shares sell off due to concerns related to eBay. John Rotonti analyzes those stories, iRobot’s 2nd-quarter results, and which companies have (and don’t have) the ability to raise prices.

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It’s not that Starbucks’ 3^rd-quarter comps were higher than a year ago, it’s that they were higher than two years ago. Alphabet demonstrates that online advertising isn’t dead. Shopify continues to impress with their 2^nd-quarter results. Tim Beyers analyzes those stories and provides his headlines to the latest quarters from Apple and Microsoft.