Overall, it was a decent quarter for BABA, thanks to its Cloud and International businesses, but macroeconomic headwinds in China continue to weigh the company's core e-Commerce business down. The ...
For the fifth consecutive quarter, Applied Materials (AMAT -8%) cleared earnings and sales estimates in Q4 (Oct) and projected Q1 (Jan) numbers consistent with analyst forecasts. However, despite this ...
[BRIEFING.COM] S&P futures vs fair value: -30.00. Nasdaq futures vs fair value: -150.00. The S&P 500 futures are down 30 points and are trading 0.4% below fair value, the Nasdaq 100 futures are down ...
Globant (GLOB -9.5%) is trading sharply lower today despite an upside Q3 report with decent Q4 guidance last night. We think expectations were running a bit high heading into this report given the ...
"The economy is not sending any signals that we [the Fed] need to be in a hurry to lower rates." That was the line from Fed Chair Powell yesterday that caught the market's attention and it can be ...
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U.S. Treasuries have backed down from post-CPI highs with the long bond turning negative while the 10-yr note is back to flat and shorter tenors continue trading in the green. The early volatility in ...
U.S. Treasuries continue trading near levels that were seen about two hours ago with 10s and 30s holding losses while the 2-yr note has been more resilient, hanging onto the bulk of today's post-CPI ...
Cisco Systems (CSCO -2%) is trading slightly lower despite the company reporting nice EPS upside for Q1 (Oct). Revenues fell 5.6% yr/yr to $13.84 bln, but analysts were expecting a larger drop. The Q2 ...
[BRIEFING.COM] S&P futures vs fair value: +7.00. Nasdaq futures vs fair value: +5.00. The S&P 500 futures are up seven points and are trading 0.1% above fair value, the Nasdaq 100 futures are up five ...