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RDS Stock Down 3% after Shell Reports Drastic Drop in Q2 2020 Earnings Due to COVID-19 Pandemic
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RDS Stock Down 3% after Shell Reports Drastic Drop in Q2 2020 Earnings Due to COVID-19 Pandemic

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On Thursday, July 30, 2020, Royal Dutch Shell released its Q2 earnings results. The company reported a sharp decline in its revenue due to civic-19 related demand decline. The company reported a sharp decline in its revenue due to the coronavirus-related demand decline.

QCOM Stock Rises 10% in Pre-market, Qualcomm Reports Revenue of $4.9B in Q3, Enters Deal with Huawei
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QCOM Stock Rises 10% in Pre-market, Qualcomm Reports Revenue of $4.9B in Q3, Enters Deal with Huawei

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Qualcomm reported net income of $845 million on revenue of $4.893 billion in Q3. Those figures dropped precipitously from a year ago when the company reported $2.15 billion of profits on revenue of $9.635 billion. It also announced a long-term patent agreement with Huawei.

PYPL Stock Up 4% After Hours, PayPal Reported Strongest Earnings Ever Posting with Q2 Income of $5.26B
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PYPL Stock Up 4% After Hours, PayPal Reported Strongest Earnings Ever Posting with Q2 Income of $5.26B

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PayPal reported its strongest quarterly performance ever in Q2 thanks to the accelerated shift to online and contactless payments during the coronavirus pandemic. PayPal beat Wall Street estimates on all key financial metrics. PYPL stock is 4%.