APR 20. No more Netflix anyone?
US companies were doing well in the first quarter of 2022. So far, 60 companies listed in S&P 500 have reported their earnings, 80% of them exceeded profit expectations. Typically, an average of 66% was beating the expectations. 80% means, really a lot. Companies like P&G, and IBM have all gained their value after the report.
P&G was up 2.7% and IBM was up 7.2%.