Market Overview

7 Stocks To Watch For November 5, 2020

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7 Stocks To Watch For November 5, 2020

Some of the stocks that may grab investor focus today are:

  • Wall Street expects General Motors Company (NYSE: GM) to report quarterly earnings at $1.38 per share on revenue of 35.51 billion before the opening bell. GM shares gained 1.2% to $35.65 in after-hours trading.
  • Analysts are expecting Alibaba Group Holding Ltd – ADR (NYSE: BABA) to have earned $2.11 per share on revenue of $23.10 billion for the latest quarter. Alibaba will release earnings before the markets open. Alibaba shares gained 0.6% to $297.60 in after-hours trading.
  • Before the markets open, AstraZeneca plc (NASDAQ: AZN) is projected to report quarterly earnings at $0.44 per share on revenue of $6.67 billion. AstraZeneca shares gained 0.3% to $55.20 in after-hours trading.
  • QUALCOMM, Inc. (NASDAQ: QCOM) reported better-than-expected earnings for its fourth quarter and issued strong guidance for the first quarter. Qualcomm shares jumped 13% to $145.77 in the after-hours trading session.

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  • Analysts expect Cigna Corp (NYSE: CI) to report quarterly earnings at $4.24 per share on revenue of $39.18 billion before the opening bell. Cigna shares fell 0.3% to $210.00 in after-hours trading.
  • Before the opening bell, Bristol-Myers Squibb Co (NYSE: BMY) is estimated to report quarterly earnings at $1.49 per share on revenue of $10.33 billion. Bristol-Myers Squibb shares gained 6.8% to close at $65.43 on Wednesday.
  • Expedia Group Inc (NASDAQ: EXPE) reported a narrower-than-expected loss for its third quarter, while sales exceeded views. Expedia shares surged 6.6% to $105.00 in the after-hours trading session.
 

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