Stocks: 5 top tickers on Yahoo Finance

Persistently high inflation, a strong dollar, and rising rates are top concerns for investors amid a slew of earnings reports.

The tech-heavy Nasdaq fell 1.9% Tuesday, declining for a third day in a row, outpacing losses by the Dow and S&P, with the U.S. dollar index posting its biggest jump in two weeks.

Here are five hot tickers on Yahoo Finance:

Microsoft (MSFT): The company reported fiscal Q4 earnings after the bell Tuesday, missing Wall Street’s expectations on the top and bottom lines. Microsoft posted sales of $51.9 billion on earnings per share of $2.23. Revenue of $20.9 billion in its Intelligent cloud business also missed expectations. RBC Capital Markets Managing Director Rishi Jaluria, who blamed the strong U.S. dollar as contributing to the miss, remained upbeat on the tech giant, telling Yahoo Finance: “A lot of investors are looking at Microsoft as a safe haven. … Exiting the recession, they might end up in a stronger position because they have the ability to consolidate budgets.”

Alphabet (GOOGL): Alphabet fell short of analyst expectations for its second quarter. Adjusted earnings per share hit $1.21, compared to $1.32 expected, on revenue ex-TAC of $57.47 billion. Ad revenue was a bright spot in the tech giant’s quarterly report, totaling $56.29 billion. Morningstar Senior Equity Analyst Ali Mogharabi told Yahoo Finance that Alphabet’s cloud growth is “pretty impressive" because “digital transformation is still highly prioritized, whether it's for large enterprises and/or even medium-sized businesses." Google Cloud lost $858 million during the quarter.

A worker walks along a path at Googles Bay View campus in Mountain View, California on June 27, 2022. (Photo by NOAH BERGER / AFP) (Photo by NOAH BERGER/AFP via Getty Images)
A worker walks along a path at Googles Bay View campus in Mountain View, California on June 27, 2022. (Photo by NOAH BERGER / AFP) (Photo by NOAH BERGER/AFP via Getty Images) (NOAH BERGER via Getty Images)

Chipotle (CMG): Chipotle posted improving restaurant margins and quarterly profits that beat the Street’s expectations, helping to offset the miss on revenue and same-store sales. Food, beverage, and packaging costs held steady during the second quarter at 30.4% of total revenue compared to a year ago. During a call with investors, CEO Brian Niccol said: “Our pricing power and value proposition remain strong as our culinary and food with integrity commitment continues to be a key point of differentiation.”

Visa (V): Visa posted a 33% jump in third-quarter profit despite growing fears of a slowing economy. Payment volume rose 12% as processed transactions jumped 16%. On the earnings call, Visa execs said travel demand is strong and that "higher air fares are not deterring spending." CFO Vasant Prabhu added that fourth-quarter net revenue could climb as much as 20%.

Boyd Gaming (BYD): The casino operator topped Wall Street estimates on the top and bottom lines, recording adjusted per share of $1.48 on revenue of $894.5 million. Boyd Gaming President and CEO Keith Smith said the results were driven by “a continued focus on our core customer and sustain efficiencies throughout our business. Our operating trends remain strong, as play from core customer segments grow both year over year and sequentially from the first quarter of 2022.” Shares of Boyd Gaming are down 17% since the start of the year.

Seana Smith is an anchor with Yahoo Finance. Follow her on Twitter at @SeanaNSmith.

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