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Computer chipmaker $XLNX reported a 29% jump in 2Q17 earnings driven by higher Advanced Products sales as well as all three technology nodes achieved new sales records. Net income rose to $164.19MM or $0.61 per share from $127.3MM or $0.48 per share last year. Revenue grew 10% to $579.21MM.
$BABA seems to be on a roll! But increasing its yearly sales outlook from 48% to 54% seems over-expectation from the company's part, doesn't it?
$JNJ down 2% in pre-market trading. Earnings beat expectations, but sales disappointed. Johnson is cautious on its outlook. How it will perform in the future?