Weekend reads: Time to assess Big Tech earnings and Robinhood’s IPO – MarketWatch

Its been a busy week for company earnings. Tech companies took the spotlight this time, with most of the FAANMG companies Facebook FB, -0.56%, Amazon AMZN, -7.56%, Apple AAPL, +0.15%, Microsoft MSFT, -0.55% and Google parent Alphabet GOOG, -0.97% GOOGL, -0.77% reporting. (Netflix NFLX, +0.65% was last week.)

The numbers they delivered and the forecasts for the full year are staggering, as Therese Poletti and Jeremy C. Owens lay out. Sales from just this weeks five are on track to eclipse Australias GDP.

Jeff Reeves steps back and ranks the six Big Tech stocks from worst to first.

Tesla TSLA, +1.45% earnings zoomed past Wall Street expectations. The stock is nearing $700.

Pandemic nesting is history, as Pinterest PINS, -18.24% results show.

Nikolas NKLA, -1.33% founder is accused of lying about the companys technological breakthroughs. An indictment unveiled Thursday alleges that prototypes didnt function and were Frankenstein monsters cobbled together from parts from other vehicles. At public events, the vehicles were allegedly towed into position and were powered by plugs leading from hidden wall sockets.

It was a bad trading debut for Robinhood HOOD, +0.95%, the attention-grabbing no-fee trading app that went public this week. Is the stock worth buying? Michael Brush spells out three reasons for and three reasons against the stock.

Heres a longer-term question: Will its users age out of the app and turn to other financial-service providers?

Dole DOLE, -9.38%, the fruit and vegetable giant, also had a rocky IPO. The size was cut, shares were priced at the low end of the range and then it fell in early trade.

Dole IPO: Five things to know

A former chief investment officer weighs in: This is why I dont see a long-term future for value investing

Plus: Mark Hulbert has a two-word answer for those who accuse investors of being obsessed with short-term results: growth stocks.

The background: The delta variant is as transmissible as chickenpox. Heres the CDC report that led to a new mask policy.

Also read: Silicon Valley is hardening the line on returning to work its fully vaccinated or bust

Plus: Danny Meyer is the latest restaurant owner to tell customers, No vax, no service

A reader asks: Im retiring on my 78th birthday, have more than $200,000 in savings and share expenses with my 80-year-old boyfriend. Will I be OK?

Alessandra Malito offers thoughtful advice.

This NBA draft picks message to college athletes is valuable advice for anyone.

Plus: These investing lessons can make your working teen rich, rich, rich.

Jillian Berman explains how some colleges are using relief funds.

Mike Murphy spotlights whats worth streaming in August.

Its not with that planned $6 billion sea wall.

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Weekend reads: Time to assess Big Tech earnings and Robinhood's IPO - MarketWatch