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$GOOG $GOOGL said OpEx was $7.4Bil in 2Q16, and OpEx rose YoverY driven by R&D expense mainly due to compensation expense related to headcount growth. Headcount at the end of 2Q16 was 66,575, up 2,460 sequentially & the vast majority of new hires continue to be engineers & product managers to support growth in priority areas such as cloud and apps.
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.