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What Happened in the Stock Market Today – The Motley Fool

Positive earnings reports had investors scrambling to snap up stocks Tuesday, with the S&P 500 (SNPINDEX: ^ GSPC) and the Nasdaq Composite closing at all-time highs . The Dow Jones Industrial Average (DJINDICES: ^ DJI) also rose. The healthcare, consumer discretionary, and technology sectors all had very good sessions, while consumer staples were the only sector finishing in the. Today's stock market Index Percentage Change Point Change Dow 0.55% 1 45.34 S&P 500 0.88% 25.71 Data source: Yahoo! Finance Twitter (NYSE: TWTR) and Coca-Cola (NYSE: KO ) Getty Images Twitter impresses investors with profit and user growth Shares of Twitter soared 15.6% after the social media specialist beat expectations for first-quarter results with better-than-expected profitability and growth of monetizable users. Revenue rose 18.3% to $ 787 million and earnings per share came to $ 0.25. Analysts were expecting the company to earn $ 0.15 per share on revenue or $ 775 million. Monetizable daily active users (mDAUs), which include users who log in to Twitter application, which was 134 million, up 6% from last quarter and 11% from the period a year ago. Advertising revenue grew by 20% in constant currency and total ad by 23%. Profit was enhanced by a tax benefit; Excluding that, net income grew by 8% and EPS was $ 0.08. Twitter is entering into new partnerships with sports broadcasters for live streaming and interactivity that allow users to vote for individual athletes to be highlighted in live stream views. Growth strategies are working at Coke…

Positive earnings reports had investors scrambling to snap up stocks Tuesday, with the S&P 500 (SNPINDEX: ^ GSPC) and the Nasdaq Composite closing at all-time highs . The Dow Jones Industrial Average (DJINDICES: ^ DJI) also rose. The healthcare, consumer discretionary, and technology sectors all had very good sessions, while consumer staples were the only sector finishing in the.

Today’s stock market

Index Percentage Change Point Change
Dow 0.55% 1

45.34

S&P 500 0.88% 25.71

Data source: Yahoo! Finance

Twitter (NYSE: TWTR) and Coca-Cola (NYSE: KO ) Getty Images

Twitter impresses investors with profit and user growth

Shares of Twitter soared 15.6% after the social media specialist beat expectations for first-quarter results with better-than-expected profitability and growth of monetizable users. Revenue rose 18.3% to $ 787 million and earnings per share came to $ 0.25. Analysts were expecting the company to earn $ 0.15 per share on revenue or $ 775 million.

Monetizable daily active users (mDAUs), which include users who log in to Twitter application, which was 134 million, up 6% from last quarter and 11% from the period a year ago. Advertising revenue grew by 20% in constant currency and total ad by 23%. Profit was enhanced by a tax benefit; Excluding that, net income grew by 8% and EPS was $ 0.08. Twitter is entering into new partnerships with sports broadcasters for live streaming and interactivity that allow users to vote for individual athletes to be highlighted in live stream views.

Growth strategies are working at Coke

Coca-Cola overcame strong currency headwinds to deliver first-quarter revenue and earnings that exceeded expectations, and shares rose 1.7%. Net revenue grew 5.2% to $ 8.02 billion, beating the analyst consensus estimate of $ 7.89 billion. Comparable (non-GAAP) earnings per share increased 2.1% to $ 0.48, above the $ 0.46 Wall Street was expecting the company to earn on that basis.

The strong dollar was a 6-percentage point headwind to revenue and reduced operating earnings at 11 percentage points, but underlying growth was strong, with case sales up 2%. The company’s growth strategies are paying off, with Orange Vanilla Coke and the Zero Sugar version helping to drive 6% retail value growth for the Coca-Cola brand. Coca-Cola Zero had double-digit growth for the sixth consecutive quarter. Water, enhanced water, and sports drinks sales increased 6%.

The $ 5.1 billion acquisition of Costa coffee will start paying off next quarter as Coca-Cola launches Costa ready-to-drink products. The company reiterated guidance for 12% -13% full-year revenue growth, including an 8% -9% tailwind from acquisitions, divestitures, and structural items.

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