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$BLK said total expense fell to 2% YoverY, driven by lower compensation expense. Conversely, total expense rose 3% sequentially, driven mainly by higher compensation and AUM related expense. Despite volatility in EMEA, $BLK continued to expand its presence with institutional clients in continental Europe, generating $8Bil in net inflows in 2Q16.
Can you imagine a food store with no cash registers? Well, it is coming true soon thanks to $AMZN. The company is opening its new grocery store in Seattle and it has no cash registers. AI takes over!
$AVGO reports 4Q earnings today. I am wondering what to expect.
$SHLD seems to be rolling down the curve, it has been reporting net loss for the past many quarters. The Company Board seems to be doing nothing to stem this trend.