TSM - Hot Stocks: UNH TSM WBA rise on earnings; DPZ CMC fall
Earnings season began to heat up on Thursday, with quarterly results driving much of the pre-market action. UnitedHealth (NYSE:UNH) helped lead the charge, rising in pre-market trading on better-than-expected financial figures. Taiwan Semiconductor (NYSE:TSM) and Walgreens Boots Alliance (NASDAQ:WBA) also rallied on their earnings reports. However, there were some disappointments Thursday morning as well. For instance, Domino's Pizza (NYSE:DPZ) and Commercial Metals (NYSE:CMC) both slipped before the opening bell. Gainers UnitedHealth (UNH) beat expectations on both its top and bottom lines, with revenue that rose 11% from last year. The company also raised its full-year forecast. The strong results inspired a 3% advance in UNH in pre-market action. Taiwan Semiconductor (TSM) announced a Q3 profit that climbed about 13% from last year, exceeding analysts' consensus. This growth was fueled by revenue that advanced 11%. TSM jumped 4% on the Street-topping report. Better-than-expected earnings also gave a boost to Walgreens Boots
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Hot Stocks: UNH, TSM, WBA rise on earnings; DPZ, CMC fall