You used to ping me on my cell phone... Cloud company Twilio helps other companies talk to customers (think: text notifications, emails, support calls). Twilio's 221K customers include Uber, Instacart, DoorDash, and Netflix (all those password reset emails). It's a good time to be in remote comms: Twilio shares jumped after it reported expectation-crushing earnings on Wednesday (feat. a surprise adjusted profit). Both sales and customer growth accelerated from the previous quarter, and revenue jumped 65% from 2019.
The Tractor Factor... John Deere stock soared to a fresh record last week on killer earnings. Last quarter, Deere's profit more than doubled from 2020 as farming and construction perked up. Sales popped 23%, partly thanks to an efficient new operating strategy. The construction icon could benefit from President Biden's "Build Back Better" plan, which pledges to mobilize American manufacturing for a modern infrastructure (think: roads, bridges, buildings). Deere boosted its forecast for 2021, expecting greener pastures ahead.