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Paul Trussell of Deutsche Bank asks about the drivers of better than expected GM performance in 2Q16. $M said that the key is its sales were better than expected. Also the company has a good merchant team that was able to plan out the promotions and needed clearance markdowns to get the inventory in shape as it was at the end of the quarter.
For the past few years, $AAPL has been buying domains with the iCloud name. According to a report from TechCrunch, the latest acquisition was of the domain name iCloud.net.
$AAPL just released the first look of its $5 billion Cupertino campus, now named Apple Park. Take a look.
Looking forward to the first $TSLA earnings after SolarCity acquisition.