Tiger Global's 13F Shows New Stake in Spotify (SPOT), Uxin (UXIN), Increase in Twitter (TWTR) (More...)
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- Wall Street closes higher as investors digest earnings, megacap outlook
- Tesla touts acceleration of new models, but Q1 results fall short of estimates
- JPMorgan is worried about further S&P 500 sell-off potential
- Oil rises as dollar slips, focus shifts to economic data
- China acquired top-end Nvidia AI chips despite recent US ban- Reuters
- Fisker (FSR) Appoints Michael Healy as Chief Restructuring Officer
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- China acquired top-end Nvidia AI chips despite recent US ban- Reuters
- Wolfe Research Downgrades Warner Brothers Discovery (WBD) to Underperform, 'out of concern that an incipient advertising downturn put guidance at risk'
- Forward Air (FWRD) Appoints Shawn Stewart as CEO
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
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- Midday movers: Tesla, Li Auto and CNH Industrial fall; Salesforce rises
- Midday movers: Netflix, Super Micro fall; Paramount Global gains
Twitter, Inc. (TWTR) PT Raised to $33 at Deutsche Bank on 2Q Report; International Ad Revenue Growth a 'Nice Tailwind'
August 16, 2018 6:45 AM EDTDeutsche Bank analyst Lloyd Walmsley raised the price target on Twitter, Inc. (NYSE: TWTR) to $33.00 (from $32.00) while maintaining a Hold rating, following the company's second quarter earnings report.
The analyst notes a positive outlook on the shares, as TWTR reported second quarter... More
JD.com (JD) Misses Q2 EPS by 5c, Revenues Beat
August 16, 2018 6:05 AM EDTJD.com (NASDAQ: JD) reported Q2 EPS of $0.05, $0.05 worse than the analyst estimate of $0.10. Revenue for the quarter came in at $18.5 billion versus the consensus estimate of $17.8 billion.
Net revenues1 for the second quarter of 2018 were RMB122.3 billion (US$218.5 billion), an increase of 31.2% from the second quarter of 2017. Net service revenues for the second quarter of 2018 were RMB11.8 billion (US$1.8 billion), an increase of 51.0% from the second quarter of 2017.
Operating margin of JD Mall before unallocated items3 for the second quarter of 2018 was 1.1%, as compared to 0.8% for the same period last year.... More
