Streetinsider.com's Hot Lunchtime Reads 01/30: (ALL) (AAPL) (FSL) (BRCM) (BA)
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- Wall Street stocks fall as weak GDP growth spreads rate-cut gloom
- Q1 US GDP shows surprise slowing and uncomfortable inflation
- Alphabet (GOOGL) soars 16% on Q1 results beat, first-ever dividend
- Meta shares dip on softer Q2 revenue guidance, elevated AI spending plans
- Oil settles higher as weak U.S. economic growth offset by supply concerns
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Hasbro (HAS) brand strength sees earnings top expectations
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Rubrik (RBRK) Prices Upsized 23.5M Share IPO at $32/sh
- After-hours movers: Alphabet, Microsoft, Snap, Intel, and more
- Midday movers: Meta, IBM, Caterpillar fall; Chipotle rises
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
UPDATE: New BlackBerry (RIMM) a 'Meaningful Improvement' But May Not Move the Needle - Sterne Agee
January 30, 2013 3:54 PM EST(Updated - January 30, 2013 3:55 PM EST)
Sterne Agee analyst Shaw Wu offered up some commentary on Research In Motion Ltd. (NASDAQ: RIMM) following today's official launch of BB10, two new smartphones, and a company name change to BlackBerry.
"Overall, we find BB10 a meaningful improvement but the big question remains whether carrier interest and some... More
