Geopolitics Alpha

Dow Jones Futures: Microsoft Rises Late, But Google, ServiceNow And Fortinet Dive On Earnings

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Dow Jones Futures: Microsoft Rises Late, But Google, ServiceNow And Fortinet Dive On Earnings

Microsoft is an earnings winner late, but it's nowhere near enough.

Directly affected

  • MSFT Microsoft+7.6% 30d

    Named in this report.

  • GOOGL Alphabet-18.8% 30d

    Named in this report.

  • NOW ServiceNow-23.0% 30d

    Named in this report.

  • FTNT Fortinet-18.1% 30d

    Named in this report.

Indirectly affected

  • DIA SPDR Dow Jones Industrial Average ETF-1.7% 30d

    SPDR Dow Jones Industrial Average ETF: it is a broad US stock-market fund. Linked by “dow” (the broad US market) in this story.

  • QQQ Invesco QQQ+0.9% 30d

    Invesco QQQ: it is a broad US stock-market fund. Linked by “dow” (the broad US market) in this story.

  • XLK Technology Select Sector SPDR+9.1% 16d

    Technology Select Sector SPDR holds the technology sector that Fortinet belongs to, so it often moves with news about it.

  • PANW Palo Alto Networks+4.7% 30d

    Palo Alto Networks is a peer of Fortinet in computer peripheral equipment; rivals often move on the same news.

  • LOGI Logitech International S.A-1.4% 19d

    Logitech International S.A is a peer of Fortinet in computer peripheral equipment; rivals often move on the same news.

  • AAPL Apple+3.9% 30d

    Apple is a large technology company like Fortinet; big names in a sector often move together.

  • CSCO Cisco Systems

    Cisco Systems is a large technology company like Fortinet; big names in a sector often move together.

  • DELL Dell Technologies

    Dell Technologies is a large technology company like Fortinet; big names in a sector often move together.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
MSFT-2.00%+0.06%base-0.35%-1.61%after closeafter close
GOOGLNo price data for this ticker———————
NOW+4.74%+5.51%base-26.87%-29.88%after closeafter close
FTNT-0.71%+5.24%base-20.15%-21.92%after closeafter close
DIANo price data for this ticker———————
QQQ-2.90%-1.86%base-1.64%-4.83%after closeafter close
XLKNo price data for this ticker———————
PANWNo price data for this ticker———————
LOGINo price data for this ticker———————
AAPLNo price data for this ticker———————
CSCONo price data for this ticker———————
DELLNo price data for this ticker———————

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

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Dow Jones Futures: Microsoft Rises Late, But Google, ServiceNow And Fortinet Dive On Earnings Investor's Business Daily

Source: Investor's Business Daily

This story

CompanyWhenMoveStatus
FTNTthat day-20.15%final price
FTNTthe next day-21.92%final price
FTNTthree days earlier+5.24%final price
FTNTfive days earlier-0.71%final price
MSFTthat day-0.35%final price
MSFTthe next day-1.61%final price
MSFTthree days earlier+0.06%final price
MSFTfive days earlier-2.00%final price
NOWthat day-26.87%final price
NOWthe next day-29.88%final price
NOWthree days earlier+5.51%final price
NOWfive days earlier+4.74%final price
QQQthat day-1.64%final price
QQQthe next day-4.83%final price
QQQthree days earlier-1.86%final price
QQQfive days earlier-2.90%final price

Trades by members of Congress and officials in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

This story

12 out of 100

“Dow Jones Futures: Microsoft Rises Late, But Google, ServiceNow And Fortinet Dive On Earnings” scores 12 out of 100. The score uses 1 sources.