Overall, it was a decent quarter for BABA, thanks to its Cloud and International businesses, but macroeconomic headwinds in China continue to weigh the company's core e-Commerce business down. The ...
For the fifth consecutive quarter, Applied Materials (AMAT -8%) cleared earnings and sales estimates in Q4 (Oct) and projected Q1 (Jan) numbers consistent with analyst forecasts. However, despite this ...
[BRIEFING.COM] S&P futures vs fair value: -30.00. Nasdaq futures vs fair value: -150.00. The S&P 500 futures are down 30 points and are trading 0.4% below fair value, the Nasdaq 100 futures are down ...
U.S. Treasuries are on track for a mostly flat start while the long end is expected to show some relative strength ahead of the 8:30 ET release of weekly Initial Claims (Briefing.com consensus 220,000 ...
Cisco Systems (CSCO -2%) is trading slightly lower despite the company reporting nice EPS upside for Q1 (Oct). Revenues fell 5.6% yr/yr to $13.84 bln, but analysts were expecting a larger drop. The Q2 ...
Globant (GLOB -9.5%) is trading sharply lower today despite an upside Q3 report with decent Q4 guidance last night. We think expectations were running a bit high heading into this report given the ...
The main takeaway is that IBTA's disappointing Q4 guidance is clouding over its solid Q3 results, but the downside guidance does appear to be more temporary in nature as its CPG customers burnt ...
U.S. Treasuries have backed down from post-CPI highs with the long bond turning negative while the 10-yr note is back to flat and shorter tenors continue trading in the green. The early volatility in ...
U.S. Treasuries have seen an extension of their rebound off morning lows with the long bond remaining ahead. The ongoing bounce has reversed yesterday's increase in yields on the 10-yr note and the 30 ...
The Treasury Budget for October showed a deficit of $257.4 billion compared to a deficit of $66.6 billion in the same period a year ago. The October deficit resulted from outlays ($584.2 billion) ...
U.S. Treasuries have had a decent start to the Thursday session, putting up a fight after facing some pressure in immediate reaction to the PPI report for October, which matched expectations, but also ...
Total CPI increased 0.2% month-over-month in October (Briefing.com consensus 0.2%) while core CPI, which excludes food and energy, increased 0.3% month-over-month (Briefing.com consensus 0.3%). Those ...