And just like that the “no brainer” party’s over. Remember when in January 2014 Carl Icahn laid out his extensive thesis on why being long AAPL is the best investment out there? Or when a little over a year later, hoping for even more stock buybacks (even as he was decrying short term activism) he […]
If yesterday it was doom and gloom for tech stocks, then today it’s Facebook’s turn for soom upside down frown turning boom. Moments ago the social network reported another round of blowout results, as follows: FACEBOOK 1Q REV. $5.38B, EST. $5.27B FACEBOOK 1Q ADJ. EPS 77C, EST. 63C FACEBOOK 1Q DAUS 1.09B, EST. 1.06B […]
FANGs had their worst 3-day run in almost 3 months, back to 6-week lows… FACEBOOK AMAZON NETFLIX GOOGLE
First it was Twitter, now it is consumer tech titan AAPL’s turn to tumble. For those pressed for time, here is the breakdown: APPLE Q2 REVENUE $51.56BN, EST 251.97BN APPLE Q2 EPS $1.90, EST $2.00 APPLE SEES 3Q REV. $41B-$43B, EST. $47.4B APPLE SOLD 51.2M IPHONES IN 2Q, EST. 50.7M APPLE SOLD 4.03M MACS IN […]