BUSINESS BUZZWORD MARKET ANALYSIS 1.19.17
A DAILY SOCIAL TRADING EVENT
After hours buzz: AXP, IBM, SWKS & more
MARKET ANALYSIS 1.19.17 Shares of American Express fell 1 percent in extended trading after the credit card company missed on earnings, but beat on revenue. American Express reported fourth-quarter earnings of 91 cents per share on revenue of $8.02 billion while analysts expected 98 cents per share on revenue of $7.95 billion, according to a consensus estimate from Thomson Reuters.
IBM shares dropped nearly 3 percent after hours, despite posting earnings that beat analyst estimates. The technology company reported fourth-quarter earnings of $5.01 per share on revenue of $21.77 billion, while analysts expected $4.88 per share on revenue of $21.64 billion, according to a consensus estimate from Thomson Reuters. However, revenue fell year-over-year for the 19th straight quarter.
Shares of Skyworks Solutions soared nearly 9 percent during extended hours trading, after the semiconductor manufacturer beat Street estimates and announced their new $500 million stock repurchase program. The Apple parts supplier reported first-quarter earnings of $1.61 per share on revenue of $914 million. Wall Street projected earnings of $1.58 per share on revenue of $903 million. Shares of Apple’s audio chip supplier, Cirrus, also surged during extended trading, up more than 3 percent at $57.35 a share.
MARKET ANALYSIS 1.19.17
- Buz Investors Oculus Lawsuit Facebook Inc (NASDAQ:FB) is currently embroiled in a strange little lawsuit that could undermine its huge investment in Oculus VR. But in order to figure out what this case could mean for Facebook stock (FB), we have to dig into the nitty-gritty details.
- Companies are forced to reveal all sorts of sensitive information during these types of lawsuits, so markets tend to put a spotlight on them.In this case,
- video game publisher ZeniMax Media Inc. claims that Facebook knowingly poached its employees to enhance Oculus products. These employees supposedly violated their contracts with ZeniMax
- Buz Investors NFLX Stock Soaring on Earnings (NASDAQ:NFLX) reported earnings after the close of trading on January 18, and to everyone’s delight, it beat on both the top and bottom lines.
- Investors cheered this great news and sent NFLX stock surging higher by 8.13% to $144.10 in after-hours trade, creating a ne wall-time high in the process..
- If you have been following any of my publications with regards to Netflix stock, this feat would come as no surprise because higher prices were to be expected. These expectations are based on the signals and price patterns that were pulled straight from the Netflix stock chart.
- Buz Investors Crash in Qualcomm Stock (NASDAQ:QCOM) have been on a rollercoaster ever since the Federal Trade Commission filed an antitrust lawsuit against the company.
- We’ve seen Qualcomm stock (QCOM) drop nearly five percent in one trading session, which has many investors wondering if it’s time to bail on the microchip maker.
- Many analysts were in shock when QCOM stock moved from $66.64 to $63.45 on Tuesday. They acted as if the FTC lawsuit fell out of the sky with no warning, but the writing was clearly visible on the wall. We wrote a report several weeks ago that put our readers on alert.
- Buz Investors Google Is Secretly Buying Twitter (NYSE:TWTR) has been quietly selling off its suite of developer products to Alphabet Inc (NASDAQ:GOOG), which has me wondering:
- Could Alphabet want to buy the entirety of Twitter stock (TWTR stock)? It’s not as crazy as it sounds. Twitter is the prodigal son of social media.
- It made poor life decisions, got in with the wrong crowd, and went down a bad path. No one who looks at the mass exodus of senior staffers and the write-downs can say they are surprised by Twitter’s abysmal performance on the market.
- Buz Investors Surge in EA Stock When it comes to gaming, I like Electronic Arts Inc. (NASDAQ:EA). This fondness is especially true with its gaming titles. When it comes to investing, I love EA stock because the price chart is so compelling that it is the only reason I need to commit to a trading strategy
- . This Electronic Arts stock chart is now suggesting that price and volume are set to spike.
- Electronic Arts stock contains one of my favorite bullish trends. This simple trend is the only tool I need to use in order to distinguish if EA stock is bullish or bearish. This trend is so pristine and defined that stock is a strong candidate to join the rank of names in the “Trader’s Paradise.”
- Buz Investors TSLA Stock Is on a Roll (NASDAQ:TSLA) has had quite a rough ride over the past few months as investors punished TSLA stock over the fatalities involving Tesla “Autopilot,”
- uncertainties surrounding the SolarCity Corp (NASDAQ:SCTY) acquisition, and fallout with Mobileye NV (NYSE:MBLY).
- Things started getting better as the electric car maker announced better-than-expected deliveries for the third quarter and missing the fourth quarter by a narrow margin.
- Buz Investors AMZN and AAPL Under Trump Technology stocks were pounded following Donald Trump’s surprise win in the presidential elections. The concerns were real;
- Trump had been openly targeting the tech heavyweights during his election campaign, ranging from issues as wide as outsourcing and non-payment of taxes to hiring foreign employees.
- Things have changed a lot since then, not that Trump has stopped targeting individual companies. However, Trump openly declared that he would like to help the tech industry in every way possible when he invited the technology giants to his tech meet in December 2016. (Source: “Donald Trump meets with tech leaders,” TechCrunch, December 14, 2016.)
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