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$BABA 1Q16 PR: Revenue was US$3,265MM, an increase of 28% YoverY. As a result of the foregoing, net income was RMB30,816MM (US$4,970 million), an increase of 148% compared to RMB12,438MM in 1Q15. Diluted EPS was RMB11.92 (US$1.92), an increase of 129% vs. RMB5.20 in 1Q15.
Vine, the unique app from $TWTR is no more! Perfect example for mass products that don't make money!
$CVX posts first profit in a year. Right time to get some shares? My question is, will it sustain this turnaround?
Jeff Bezos, my inspiration next to Steve Jobs is going to review the Everything Store $AMZN's financial results today after hours. As an investor/user, I like Amazon Prime and it's success over several parts of the world. What's your take on Amazon?
Of all the Wall St firms out there, Goldman Sachs $GS is the most revered for the way they're run - hiring the best, highly competitive, a closely-knit peer group and making tons of profits for the shareholders. An interesting interview of its CEO Llyod Blankfein by Carlyle groups chief David Rubenstein