Earnings Preview on 2 Tech Stocks

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4.7 • 1.7K Ratings

🗓️ 26 July 2021

⏱️ 20 minutes

🔗️ Recording | iTunes | RSS

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Summary

Hasbro shares hit a 52-week high after strong 2nd-quarter results. America’s population growth is slowing down, so what does it mean for different industries? Jason Moser analyzes those stories and shares what he’s going to be watching when Teladoc Health and Qualcomm report earnings later this week.

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Transcript

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0:00.0	It's Monday, July 26th, and welcome to Marketfoolery.
0:05.4	I'm Chris Hill with me today, Jason Moser, in the house.
0:08.8	Good to see you.
0:09.8	Well, hello there.
0:10.8	How are you?
0:11.8	I'm doing well.
0:12.8	I'm doing well because Ernie's season is heating up.
0:15.0	In fact, we've got previews on a couple of businesses we're going to get to.
0:19.5	We're also going to dig into the ripple effects of slowing population growth here in the
0:23.7	United States.
0:24.7	But we're going to start with a strong second quarter from Hasbro.
0:29.0	News of the toy maker, up 10% this morning after really great revenue in Q2, demand for
0:35.5	board games up big during the pandemic, not a big surprise there.
0:39.8	And I'm always reminded when I look at reports from Hasbro that they have a TV production
0:45.9	business.
0:47.1	And it is getting back to work.
0:50.1	It is.
0:51.1	It's good to see.
0:52.1	It feels like all of this business is getting back to work.
0:56.0	It feels like the wizards of the coast and the digital gaming segment was the real story
1:00.8	for the quarter.
1:02.8	But I think as you noted, it was really a strong performance all the way around.
	...

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