Silicon Valley mostly quiet in internet surveillance debate in Congress
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- The Trade Desk hit by Wall St downgrades after disappointing Q2 results, outlook
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- S&P closes at record high as soft jobs report eases rate-hike concerns
- US suffers unexpected job losses in July, markets dial back rate hike expectations
- Atlassian results seen as 'game changer' for AI kills software worries
- Microsoft only US hyperscaler with positive free cash flow as AI capex bites
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Canaccord Genuity Reiterates Hold Rating on Microsoft (MSFT) Into Q2 Announcement Today AMC; 'Beat Expected Today... Modest Revenue Upside'
July 20, 2017 12:46 PM EDTCanaccord Genuity reiterates Hold rating and $68 price target on Microsoft (NASDAQ: MSFT), ahead of the company's second quarter earnings announcement after today's close of trading.
Analyst Richard Davis suggests the company faces relatively easy comparisons, as recent checks imply positive momentum into the second quarter... More
Options Activity in Facebook (FB) Implies 'Increased Bullish Positioning' into September -Susquehanna
July 19, 2017 2:19 PM EDTSusquehanna options strategist Alison Edwards notes increased bullish positioning recently in Facebook (NASDAQ: FB), as an investor sold 21k Sept 150/160 call spreads at $7.10, rolling up long calls for further upside exposure above $160. Sept options were active yesterday as well with size buyers of the Sept 175/200 & 180/200 call spreads
... More