HomeTechTelecomEarnings Alert: MAR, QSR, ANET & INTC Agreeing To Buy TSEM
Earnings Alert: MAR, QSR, ANET & INTC Agreeing To Buy TSEM

The stock market opened higher today following yesterday’s mixed session. The Marriott (MAR) fourth quarter earnings report indicated $1.30 in EPS and $4.45B in revenue, beating estimates. The MAR stock is trading higher following this news. Next, Jeff Pierce discusses Restaurant Brands (QSR) earnings data of $0.74 in EPS and $1.55B in revenue. The QSR stock is also up after the report. Also, Pierce weighs in on Intel (INTC) agreeing to buy Tower Semiconductor (TSEM) for $53 per share in cash. Finally, the Arista Networks (ANET) earnings report is revealed, and Gap Inc. (GPS) being downgraded to underperform from neutral at Bank of America.

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