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Semiconductor device supplier $AVGO posted 2Q16 net loss of $1,255MM, or $3.02 loss per diluted share vs. net income of $344MM, or $1.21 per diluted share in 2Q15. Non-GAAP diluted EPS from continuing operations was $2.53. Revenue rose 119% to $3.54Bil vs. 2Q15, helped by YoverY sales increases in segments.
Any idea why some investors are happy about the disastrous $UA results??
Wow! GM killed it with earnings today! Did not expect this after $F gave the feeling it will eclipse the Chevy maker completely!
Oil rebound starting to show up in energy stocks. $XOM $CVX
I have a feeling "CLOUDy" days are ahead, with $AMZN leading the pack.
$AAL is giving pay hikes to its employees but investors are sulking.