Microsoft beats Q1 2018 analysts view, Azure revenues up 90%
After posting another quarter of exceptional results, the stock of Microsoft Corporation (NASDAQ: MSFT) opened with a positive technical gap of about 4% to trade at $83 levels on October 27. For the past one week, the stock is consolidating
Read MoreBoeing’s Q3 earnings decline 19%, raises FY17 EPS view
Aircraft manufacturer Boeing Company (NYSE: BA) reported better-than- anticipated fiscal 2017 third-quarter results last week. The company also raised its fiscal 2017 GAAP and non-GAAP earnings per share outlook. However, the stock remains suppressed. Firstly, the order backlog has declined
Read MoreWealth Management bolsters Morgan Stanley’s Q3 earnings
Aided by a 9% growth in wealth management revenue, Morgan Stanley (NYSE: MS) reported fiscal 2017 third-quarter results that crushed analysts’ estimates. The stock, which closed at $50.68 on Friday, is up nearly 17% since January and 45% after the
Read MoreJPMorgan Chase beat Q3 2017 estimate, trading revenue dips 27%
Global investment banking and finance services provider JPMorgan Chase & Co. (NYSE: JPM) reported a better than anticipated fiscal 2017 third-quarter earnings and revenue on last Thursday. However, the stock continued to stay flat due to a 27% decline in
Read MoreAlibaba upgraded by analysts on strong Q1 2018 results
The stock of e-commerce giant Alibaba Group Holding Ltd (NYSE: BABA) recorded a new yearly high of $177, after the company crushed fiscal 2018 first-quarter analysts’ estimates by a huge margin. Impressive growth in cloud and digital entertainment, and continued
Read MoreING beats Q2 view, gain clients on strong mob banking s/w
Despite reporting better than anticipated fiscal 2017 second-quarter net profit, the stock of ING Group N.V. (NYSE: ING), the largest Dutch financial services company, has lost about 5% to trade at $17.80 levels. A y-o-y decline in net profit was
Read MoreBarclays swings to Q2 loss on African stake sale
A totally unexpected charge of £700 million related to mis-selling of payment protection insurance (PPI) and a loss from the sale of African business caused the London-based Barclays Plc (NYSE: BCS) to swing to a loss in the fiscal 2017
Read MoreTwitter beats Q2 2017 estimates, MAU growth remains flat
Social media platform Twitter Inc (NYSE: TWTR) reported better than anticipated fiscal 2017 second-quarter results in the last week of July. However, the stock has fallen by more than 10% to about $16 in the past two weeks. The flat
Read MoreF5 Networks meets Q3 EPS view, issues weak Q4 outlook
The stock of internet traffic managing software provider F5 Networks, Inc (NASDAQ: FFIV) has lost more than 10% in the past two weeks to trade at about $119. Analysts attribute the decline to the lower than anticipated fiscal 2017 third-quarter
Read MoreGM turns bearish on concerns of US market slowdown
Last week, General Motors Company (NYSE: GM) reported a better than anticipated fiscal 2017 second-quarter earnings. However, the revenues fell short of estimates. Additionally, the second-quarter net income was 40% lower compared to last year. The company is also facing
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