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 ...
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 ...
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 ...
U.S. Treasuries are on track for a mostly flat start while the long end is expected to show some relative strength ahead of the 8:30 ET release of weekly Initial Claims (Briefing.com consensus 220,000 ...
[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 ...
The main takeaway is that IBTA's disappointing Q4 guidance is clouding over its solid Q3 results, but the downside guidance does appear to be more temporary in nature as its CPG customers burnt ...
The Treasury Budget for October showed a deficit of $257.4 billion compared to a deficit of $66.6 billion in the same period a year ago. The October deficit resulted from outlays ($584.2 billion) ...
Total CPI increased 0.2% month-over-month in October (Briefing.com consensus 0.2%) while core CPI, which excludes food and energy, increased 0.3% month-over-month (Briefing.com consensus 0.3%). Those ...
U.S. Treasuries ended Wednesday on a mixed note with 10s and 30s failing to defend their post-CPI gains while shorter tenors withstood the intraday reversal, hanging onto some of their gains. The ...
U.S. Treasuries are on track for a modestly higher start in longer tenors and some relative weakness up front, ahead of the 8:30 ET release of October CPI (Briefing.com consensus 0.2%; prior 0.2%) and ...