AAPL, HOOD, TEAM, MA, V, CVX, SWKS, WDC: Trending Stocks Today 28 Jan

 US stock markets are on track for a fourth straight week of declines, for the first time since September 2020.

Oil up. Gold down. Bitcoin up.

Here are some trending stocks today: 

• Apple (NASDAQ: AAPL) is the big story today after its earnings report delivered record profit beating expectations. It also believes supply constraints are easing. Revenue over 4% ahead and EPS over 10.5% better than expectations.

• Apple could be set to challenge Square (Block Inc (NYSE: SQ)) by transforming iPhones into POS terminals.

• Robinhood Markets (NASDAQ: HOOD) missed analyst expectations on much higher expenses while revenue and expense guidance disappointed. 

• Reopening of economies drove surge in Mastercard (NYSE: MA) and Visa (NYSE: V) purchase volumes with the impact of Omicron expected to be short-lived. Visa beat expectations in its earnings results with quarterly revenue topping $7bn. While Mastercard’s Q4 revenue was $5.2bn.

• Atlassian Corp (NASDAQ: TEAM) reduced losses in Q2 and beat expectations on revenues and adjusted earnings. It also it acquired AI-powered virtual agent company Percept.ai for an undisclosed amount. Management highlighted continued cloud momentum. 

• Skyworks Solutions (NASDAQ: SWKS) is up pre-market.

• Biogen (NASDAQ: BGEN) to sell its share in biosimilar JV Samsung Bioepis for at least $2.25bn to Samsung Biologics. Biogen stock is down pre-market.

• Synchrony Financial (NYSE: SYF) reported Q4 profit of $813m, it met consensus analyst estimates for EPS. SYF stock is down pre-market.

• Mondelez International (NASDAQ: MDLZ) reported good organic growth but EPS missed on cost inflation. 

• Western Digital (NASDAQ: WDC) is down over 10% in pre-market trading after guidance failed to meet expectations on supply chain issues.

• Chevron (NYSE: CVX) reported a $5bn profit amid surging crude and natural gas prices. CVX earnings miss on a series of non-recurring issues. Guidance for 2022 is lower.

• Semiconductor company KLA Corp (NASDAQ: KLAC) guided well below on supply constraints.  

• Stryker (NYSE: SYK) guided below, flagging unfavorable price reductions and FX. SYK stock trading down.

If you enjoyed reading this overview of what to expect in the financial market today, why not read our in-depth reports on ESG investing and Healthcare investing. Or check out our 12 investing themes for 2022.