Company News for Dec 14, 2020



  • Costco Wholesale Corp.’s

    COST

    shares rose 0.6% after the company posted first-quarter fiscal 2021 adjusted earnings per share of $2.29, surpassing the Zacks Consensus Estimate of $2.04.



  • Shares of Oracle Corp.

    ORCL

    gained 1.9% after the company reported fiscal second-quarter 2021 adjusted earnings per share of $1.06, outpacing the Zacks Consensus Estimate of $1.



  • The Walt Disney Co.

    DIS

    shares jumped 13.6% after the company projected that its Disney+ streaming service subscribers to reach 260 million by 2024.



  • Shares of QUALCOMM Inc.

    QCOM

    plunged 11.5% following news that Apple Inc.

    AAPL

    has started manufacturing its own cellular modem to be used in future devices.

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