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Deutsche Bank's Karl Keirstead questioned on the gross margin percentage decline for FY17. $MSFT CFO Amy Hood said there was about 200 BP change in gross margin in 3Q16, entirely due to the shift to the cloud in both Productivity & Business Processes and Intelligent Cloud segments. This transition will be the main driver for gross margin decline.
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.