Large Cap U.S. Stocks: Positive and Negative Sentiment on May 8, 2023
On May 8, 2023, there was a significant amount of news coverage about large cap U.S. stocks. Some of the stocks that received the most attention were Apple, Microsoft, Alphabet, Bank of America, Citigroup, and Wells Fargo.
Positive Sentiment
The stocks with the most positive sentiment were Apple, Microsoft, and Alphabet. These stocks all beat analyst expectations for their earnings reports, which sent their share prices higher. For example, Apple’s earnings per share grew by 12% year-over-year, Microsoft’s earnings per share grew by 22% year-over-year, and Alphabet’s earnings per share grew by 26% year-over-year.
Negative Sentiment
The stocks with the most negative sentiment were Bank of America, Citigroup, and Wells Fargo. These stocks all missed analyst expectations for their earnings reports, which sent their share prices lower. For example, Bank of America’s earnings per share fell by 12% year-over-year, Citigroup’s earnings per share fell by 14% year-over-year, and Wells Fargo’s earnings per share fell by 12% year-over-year.
Conclusion
The news coverage on May 8, 2023, was mixed for large cap U.S. stocks. Some stocks received positive sentiment, while others received negative sentiment. It is important to do your own research before making any investment decisions.
Title: Large Cap U.S. Stocks: Positive and Negative Sentiment on May 8, 2023