The A2 Milk Company Ltd (ASX: A2M) share price has fallen 13.5% in reaction to its report and profit margin guidance for FY20.
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The share price of Bapcor Ltd (ASX: BAP) rose 6.7% with the auto parts business reporting further profit growth in FY19.
Corporate Travel Management Ltd (ASX: CTD) shares are down over 5% with investors not impressed by what the travel business reported.
Shares of Carsales.Com Ltd (ASX: CAR) are up almost 12 after reporting its FY19 result to investors.
Technology business WiseTech Global Ltd (ASX: WTC) has experienced a share price rise of almost 7% at lunch with investors pleased by what it delivered in the report.
Brambles Limited (ASX: BXB) shares have fallen a painful 9% with the market not being pleased by what was revealed in its result.
The share price of Crown Resorts Ltd (ASX: CWN) is up 0.3% with investors not surprised either way by what was reported.
2020: 3 stocks to buy for the long run
Amidst the confusion, some researchers value the entire cloud computing market at approximately $US210 billion. If you ask me, it seems clear as day that this HUGE market is only going to get bigger in 2020 and beyond.
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At the time of publishing, Jaz does not have a financial interest in any of the companies mentioned.