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$MSM said that it expects 3Q16 GM to be 45%, plus or minus 20 BP, which is essentially flat with 2Q16 and continuing the trend of sequential stability. 3Q16 OpEx is expected to be slighty higher than 2Q16 and $MSM is offsetting nearly all increases in variable expenses and investments with productivity and savings.
Mr. Trump may introduce policies that could help dollar reach record highs, which could even drive Bitcoin more than $2,000 in the near future. Bitcoin adoption is increasing, and if emerging economies like China and Russia also accept Bitcoin as an alternative to dollar, Bitcoin will see this rise soon.
Seems like $AMD has hit the right wind. Its stock was up almost 9% to $9.45 on Tuesday following reports that it signed a licensing deal with Intel.
$SBUX launched its annual “Starbucks for Life” competition in the U.S. and Canada. The winner of the competition will receive a credit of one drink or food item per day for a duration of 30 years.
$T shares rose 1.8%, as a big boost for the S&P 500. The company said its new streaming television service DirectTV has so far exceeded expectations.