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For 3Q17, $SMTC expects non-GAAP OpEx to decline slightly versus 2Q17 and GAAP OpEx to decline about 41% due to the impact of the $26MM gain from Snowbush divestiture. Net inventory is expected to rise slightly from 2Q17 levels on absolute dollar. $SMTC expects GAAP tax rate to be about 20% for 3Q17 and in the 24-26% range for FY17.
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.