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$MU posted 2Q16 Compute and Networking business unit revenue of $1.05Bil, down 8% from 1Q16 impacted by lower ASPs and continued softness in demand from the PC segment. The Mobile Business unit posted 2Q16 revenue of $503MM, down 40% from 1Q16 due to delayed customer qualifications and pricing pressure in the eMCP market.
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.