On the mobility sector the market saw two giants falling: LYFT (-30%) due to lower than expected first quarter results and a softer guidance attributed to a rise in costs.
On the other hand, Uber Technologies delivered better than expected results but fell as well of around 4% after reporting a loss of 5.9$ billion due to dismal performance of the investments in Grab, Aurora and Didi.
The energy sector has been lifted up as well. BP after yesterday’s reports kept climbing, signing a +2.15%.
Other stocks ended all up: Baker Hughes (+4.25%), APA(+6.30%), Devon Energy Corporation (+5.38%) Schlumberger NV (+6.10%), Halliburton (+3.85%).
The financial sector benefited as well from this market positivity.
Visa (+2.86%), American Express (3.32%), JPMorgan Chase (+3.31%), and Goldman Sachs (+3%), Morgan Stanley (+4.14%) and Global Payments (+4.38%).
The uncertainty given from Covid spreading in China still affects the investors which anyway are betting on the upcoming season: Boeing gained around +2%.
The other Air companies moved up on the market: United Airlines stock (+1.01%), Alaska Air Group (+0.83%) and American Airlines (+2.56%).
To be reported as well the incredible performance from Starbucks which reported its first quarter results that were much ahead of expectations. It led the Coffee-Chain to climb more than 9% in a single market session.