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September 01, 2020 10:18am
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Wednesday’s ETF To Watch: Internet HOLDRS (HHH)

By: ETFdb
Although worries over the debt ceiling continue to plague equity markets, some sectors of the financial world have been given a boost by quality earnings reports from a variety of firms. Most recently, investors received good news from casino operator Las Vegas Sands which rose more than 5% in after hours trading, while others focused in on a good report from Amazon in order to get a better perspective on the broader consumer side of the economy. While the firm saw earnings slip from the year ago period, the figure was still sharply ahead of Wall Street estimates, helping to boost shares of the company in yesterday’s after-hours session by close to 6%. The Seattle-based company beat estimates by six cents a share when it reported profits of 41 cents/share for the most recent quarter. Even more impressively was the revenue increase when compared to the year ago period; sales [...] Click here to read the original article on ETFdb.com. Related Posts: Friday’s ETF To Watch: Merrill Lynch Internet HOLDR (HHH) Thursday’s ETF To Watch: Internet HOLDR (HHH) Three ETFs To Watch This Week: PPH, FAA, HHH Why Amazon’s Deal With Target Could Be Good News For HHH ETF Insider: Bullish On Equities
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