Apple earnings beat expectations with share prices rising in extended trading

Apple earnings beat expectations with share prices rising in extended tradingShares of Apple Inc have jumped after the company posted quarterly results that beat out Wall Street targets while forecasting revenue above expectations in the current quarter. The immediate spike in shares was not enough, however, to make Apple the first company to be valued at one trillion, but the company has come very close to that moniker and continued growth in future quarters could potentially push it over that line. Apple’s postings showed that the average iPhone sold cost $724, far outweighing previous expectations that the average price would come in at $694, according to the data providing service FactSet.


Source: Yahoo! News

Facebook Revenue Falls Short of Expectations

  1. Facebook Revenue Falls Short of Expectations  Wall Street Journal
  2. Facebook’s stock is tanking more than 20% after executives warn that revenue growth rates are coming down  Business Insider
  3. Facebook plunges more than 24 percent on revenue miss and projected slowdown  CNBC
  4. Dodged questions from Facebook’s press call on misinformation  TechCrunch
  5. Full coverage


Source: Google News

Netflix Falls Short of Q2 Subscriber Expectations Worldwide, Stock Dives

  1. Netflix Falls Short of Q2 Subscriber Expectations Worldwide, Stock Dives  Variety
  2. Netflix added 5 million customers, but Wall Street is panicking  CNNMoney
  3. Netflix, Inc. Misjudged Subscriber Additions in the Second Quarter  Motley Fool
  4. Netflix stock slammed after second-quarter subscriber numbers and revenue fall short  MarketWatch
  5. Full coverage


Source: Google News

Trump sets expectations low for Helsinki summit with Putin

  1. Trump sets expectations low for Helsinki summit with Putin  Washington Post
  2. Trump tees off again before leaving UK  BBC News
  3. Scottish police are still looking for the protester who paraglided stunningly close to Trump, then escaped  Business Insider
  4. Inside Trump’s Money-Losing Scottish Golf Paradise  Bloomberg
  5. In Trump’s UK Visit, Some See ‘Infomercial’ for Money-Losing Golf Resort  New York Times
  6. Full coverage


Source: Google News