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$MBLY 2Q15 Call: As a percentage of revenues, our operating expenses decreased from 28% last quarter to 26% this quarter and from 31% in the same quarter last year. Non-GAAP operating margins increased to 48.2% in the second quarter of 2015, up from 43.4% in the same quarter last year and 45.5% in the prior quarter.
$GOOG’s Waymo accuses Uber of stealing its intellectual property. Startup Otto, which was recently acquired by Uber, also named in the lawsuit. Stage set for another dramatic legal battle!
We all knew $VALE CEO Murilo Ferreira was going out soon, but now I hear he has no idea who will succeed him!
$JCP, another traditional retailer that just shocked us with its biggest number of store closures.