On the upside
Fourth quarter earnings for Western Digital (Nasdaq: WDC) surged to surpass analyst expectations by a wide margin as revenue nearly doubled.
A Seeking Alpha contributor expects Seagate Technology (Nasdaq: STX) to report impressive earnings next week.
On the downside
Zynga (Nasdaq: ZNGA) disappointed by falling to a wider than expected loss for the second quarter and slashing its guidance for the full year prompting downgrades.
Second quarter earnings plunged for Las Vegas Sands (NYSE: LVS) to fall far short of expectations.
Barrick Gold (NYSE: ABX) reported sharply lower second quarter earnings and warned of soaring costs to build its Pascua-Lama gold mine.
In the broad market, advancing issues outpaced decliners by a margin of nearly 9 to 2 on the NYSE and by nearly 7 to 2 Nasdaq. The Russell 2000 which tracks small cap stocks climbed 9 points to 778.