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Apple Earnings Exceed Expectations

Apple earnings exceed expectations. Apple earnings exceeded expectations after releasing their financial results for its 2018 2Q. AAPL stock was up over 3% after hours. Apple Inc. posted a quarterly revenue of $61.1 billion. Apple CEO Tim Cook said: “We’re thrilled to report our best March quarter ever, with strong revenue growth in iPhone, Services […]

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T-Mobile and Sprint Announce Merger

T-Mobile and Sprint announce merger. Earlier today, T-Mobile and Sprint finally announced that the two companies will merge together. The merger has to be approved by regulators and both company’s shareholders. The potential combined company would be called T-Mobile. These two companies have a history with one another. Originally, in 2014, Sprint was prepared to buy […]

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Exxon Corporation Earnings Disappoint

Exxon Corporation earnings disappoint. Exxon Corporation released their Q1 2018 earnings that disappointed the stock market. XOM stock price was down almost 4%. While the oil and gas company from Texas released numbers that were better than last year, they missed expectations by 3 cents. This is the second straight quarter Exxon Corporation did not […]

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Less Manufactured iPhone X Units

Less manufactured iPhone X units. Some news might not be as important as when the Apple iPhone next release will be, but the tech giant had something to announce today. Apple will manufacture around 8 Million iPhone X units in Q2. Less manufactured iPhone X units is not a good thing for the company. Is […]

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Amazon After Hours Trading Up

Amazon after hours trading up. Amazon after hours trading are up due to their announced earnings. The company brought in a staggering $1.6 billion in profit during early months of 2018. While Amazon keeps on spending money on fulfillment centers and other pertinent endeavors, the profit number is more than double of last year’s period. […]

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More Woes For Snapchat

More woes for Snapchat. There are more woes happening to Snap Inc. Shares of the tech company are down around 7% at the time of this writing. The reason behind this drop is Snap Inc. will be revamping their redesign introduced in 2017. This is quite infuriating to many. Should I buy Snapchat stock due to these […]

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Illumina Stock Should Get Boost After Earnings

Illumina stock should get boost after earnings. Illumina stock should get a boost after beating earnings expectations. The biotech company beat analysts’ forecast of $1.02 by reporting an adjusted earnings per share of $1.45. Illumina Inc. revenue was $782M, which was higher than the consensus $743M. While the stock price could fluctuate for a bit, […]

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Capital One Earnings Disappoint

Capital One earnings disappoint. Capital One earnings disappoint investors. While the 1st quarter results were more positive than negative, still, COF had modest asset balance growth. Their revenue was $6.9 billion. This number was below the consensus only by $30 million. While the $2.65 per share quite easily surpassed the Zacks Estimate of $2.34, there was an increase […]

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Charles Schwab Sold 250,000 Company Shares

Charles Schwab sold 250,000 company shares. In a filing, disclosed today, Charles Schwab sold 250,000 company shares at an average price of $54.99. SCHW shares ended the day at $55.37. Charles Schwab Corporation released their earnings on April 16th. The financial service provider beat expectations with $0.55 per share (consensus was $0.54) and via their revenue of […]

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Alphabet Beats Analysts Expectations

Alphabet beats analysts expectations. Alphabet beats analysts expectations for their 1Q. The company released their numbers after market closed today. Their earnings per share of $9.93 was higher than analysts’ consensus of $9.28. Alphabet’s revenue was over $31 billion, while most thought it would be around $30 billion. There was one detail that might spook certain investors: […]