Month: January 2019

Microsoft (NASDAQ:MSFT) shares were down, albeit modestly, on Thursday following Wednesday’s post-close earnings release of the software giant’s fiscal second-quarter. Although per-share earnings topped expectations, revenue fell short of analyst estimates. As of this writing, Microsoft stock is off by roughly 2%. At the heart of investors’ concern was an apparent slowdown in sales growth
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Check out the companies making headlines midday Wednesday: Facebook — Facebook shares surged after the social media giant posted quarterly earnings that easily beat expectations. The company’s quarterly revenue also topped estimates. Average revenue per user, a key metric for Facebook, came in at $7.37, above an estimate of $7.11. Avon Products — Shares of
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Nvidia (NASDAQ:NVDA) stock was the poster child for the hottest trends to hit the digital era. It was the key player in every new sector that opened — big data, mobility, the internet of things, cloud computing, gaming, cryptocurrencies, you name it. NVDA stock had the opportunity to exploit its niche in graphics processing units (GPUs)
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Check out the companies making headlines after the bell: Shares of Facebook surged as much as 10 percent after hours on Wednesday. The social media titan posted better-than-expected earnings, beating on the top and bottom lines. The company earned $16.91 billion in revenue, which beat Wall Street’s estimates of $16.39 billion. Earnings per share were
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AT&T (NYSE:T) reported strong fourth-quarter 2018 results driven by its solid domestic wireless business and an accretive WarnerMedia contribution. The company expects to continue this healthy growth momentum in 2019, while focusing on reducing its huge debt burden. Net Income On a GAAP basis, AT&T reported net income of $4,858 million or 66 cents per
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Align Technology (NASDAQ:ALGN) dropped sharply at the open despite beating earnings and revenue estimates. The San Jose-based manufacturer of scanners and aligners used in orthodontics reported double-digit revenue and earnings increases. However, Align stock initially fell on weakened pricing for Invisalign. Still, traders appeared to interpret the drop as a knee-jerk reaction. By the middle
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Investors are breathing a sigh of relief. One of the markets biggest stocks, Apple (NASDAQ:AAPL), and one of its most traded, Advanced Micro Devices (NASDAQ:AMD), are both moving higher on earnings. Further, the Fed is keeping interest rates unchanged. All of this has been enough to push stocks higher on Wednesday. Top Stock Trades for
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U.S. stock futures are trading higher this morning, buoyed by positive earnings reactions after hours in Apple (NASDAQ:AAPL) and Boeing (NYSE:BA). The gains come as traders jockey for positions ahead of this afternoon’s hotly anticipated Fed announcement. Against this backdrop, futures on the Dow Jones Industrial Average are up 0.99% and S&P 500 futures are
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U.S. equities are under mixed pressure on Tuesday as disappointing earnings results, fears over the success of U.S.-China trade talks and the start of border wall talks between President Trump and House Speaker Nancy Pelosi dampen enthusiasm for tech stocks. The Nasdaq Composite is holding with a loss of 0.7%, while large-cap stocks in the
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