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In 2Q16, R&D expense grew by 7.6% or $7.2MM to $102.5MM from $95.3MM in 2Q15. The increase mainly resulted from the expansion of the engineering group due to direct hires and business combinations, as $RHT continues to invest in cloud management and its other emerging technologies. R&D expense was 20.3% of total revenue in 2Q16.
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.