Pfizer and Visa reported revenue growth, Boeing turned a profit

Second-tier quarterly reports, released on the same day as the tech giants' data , also point to a broad recovery, especially given the low "pandemic" base - but not without features.

Biotech Pfizer raised its annual revenue forecast for its coronavirus vaccine from $26 billion to $33 billion. The forecast for total annual revenue increased to $78-80 billion from $70.5-72.5 billion. Together with BioNTech, the company delivered 1 billion single doses of the vaccine and received orders for 2.1 billion doses.

The Visa payment system beat forecasts in terms of card transactions ($2.72 trillion, +34% yoy) and revenue ($6.1 billion, +27%). A key indicator of the volume of foreign transactions grew by 47%, foreign online transactions excluding tourism - by 56%. A significant share of this increase was given by transactions with cryptocurrencies, but it seems that their peak has passed in April-May.

Boeing has returned to profit ($567 million) after almost two years of losses caused by the landing of the Boeing-737 MAX after the crashes. The company's revenue grew by 44% to $17 billion, shares before the opening of trading at the peak rose in price by 5%. The main thing is that the restoration will partially avoid planned layoffs - what they threaten the company with, we explained here .

Starbucks coffee shop chain reported record sales ($7.5 billion, +78%) after a successful vaccination campaign in the United States, but lowered its growth forecast by one and a half times (to 18-20%) in its second market after the national one - China. On this news, its quotes fell by 3%. The company's bet on a drive-thru cafe (order from a car), delivery and pickup points justified.

Chip maker AMD doubled its revenue ($3.85 billion) and tripled its profit ($710 million) year-on-year. Intel's main competitor in the PC market is also pushing its rival in the server market for data centers, the demand for which has risen sharply during the pandemic.

GE and Raytheon's stocks were driven mainly by the unexpectedly strong performance of their large aircraft engine divisions. Revenue from scheduled maintenance, maintenance and overhaul of engines increased by 50% and 41%, respectively. Airlines are preparing in advance for the resumption of flights, the WSJ explains .