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Market News

Location American Market News for 31 July 2018
Apple At An All-Time High In The Aftermarket On Better Than Expected iPhone ASP And Revenue Guidance With better than expected iPhone ASP, strong services & China revenue growth and better than expected September revenue guidance the stock is trading at a new all-time high in the aftermarket.
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Higher Oil Prices Bring New Projects, Jobs To The Oilfield Service Sector Halliburton, Nabors, Trican Well Services and RPC expanded their workforces last year given more work amid rising commodity prices.
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The hardware giant has recently upped spending, focusing on original content, emerging markets and U.S. job creation.
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Apple sold 41.3 million iPhones during the June quarter, its fiscal Q3 2018.
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Apple posted big beats on earnings per share and average iPhone selling price.
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China Drags Down Starbucks' Comps Growth In Q3 Starbucks (NASDAQ: SBUX) had a mixed third quarter (three months ended June 2018), wherein it beat consensus expectations on revenue and earnings, but had a poor showing in China, its fastest growing market in recent tim...
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Exxon Mobil's Stock Tanks Despite Improved Upstream Results As anticipated by the market, Exxon Mobil (NYSE:XOM), the world's largest publicly traded oil and gas company, posted a strong improvement in its June quarter revenue backed by improved price realization for its upstream...
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Burger King Expected To Drive Growth For Restaurant Brands International In The Second Quarter While the shares of Restaurant Brands International (NYSE: QSR) were on a downward spiral for the first three months of the year, they have rebounded post the release of the company's first quarter earnings. QSR revealed...
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What To Expect From U.S. Steel's Second-Quarter Results U.S. Steel (NYSE: X) will release its second-quarter results on 1st August 2018 and conduct a conference call with analysts the following day. Consensus market estimates expect the company to post an EPS (Non-GAAP) of $1...
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Equity flows, oil prices buck the trend in July

livemint.com - 31 Jul 2018 19:56
Equity flows, oil prices buck the trend in July FIIs turned net buyers in the month, while crude prices dropped 5.89%
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Hold Off Buying Intel Until It Has A Better Plan Intel's current plan cedes an important advantage to AMD for at least six months. That is not a great plan.
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Sergio Marchionne Shows Why Boards And CEOs Need To Plan For Succession Now The sudden and sad death of Sergio Marchionne brings to light questions of succession planning and the legacy of leaders. Best to plan in advance no matter how stable and secure the situation appears to be.
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How The Price Charts Look Now For Facebook And Netflix This is a look at the daily, weekly and monthly price charts for Facebook and Netflix.
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The Day They Red-Dogged Facebook

Forbes - 31 Jul 2018 18:48
The Day They Red-Dogged Facebook Hubris is a killer trait, starting with kings, but it worked down to Silicon Valley headmen, namely operators in grey T-shirts who reached $500 billion market capitalizations within a decade. I am talking not just about ...
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A New Start For African Infrastructure Development? Africa has struggled to draw private infrastructure investment, but could a new investment from insurance giant AGI change the landscape?
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Tesla Earnings Preview: All About The Model 3? Electric vehicle maker and energy storage company Tesla Inc. reports earnings after market close on Wednesday, August 1. Here's a look at what might be expected from TSLA's quarterly report.
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Motorola Solutions Q2 Preview: New Acquisitions, LMR In Focus Motorola Solutions is expected to publish its Q2 2018 results on Thursday, August 2, reporting on the first full quarter since it closed its acquisition of Airbus DS Communications and Avigilon.
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Credit Suisse's Focus On International Wealth Management Arm Boosts Profits Credit Suisse reported a strong performance for the second quarter of 2018, with the bank's recent efforts to refocus its business model on its global wealth management operations yielding results.
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Mobile Headwinds End Samsung's Stellar Profit Growth Run Samsung Electronics published its Q2 2018 results on Tuesday, reporting a mixed set of numbers as headwinds in its smartphone business offset a robust performance by its memory operations.
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Apple Needs $60+ Billion Revenue Guide To Move Higher Revenue guidance is one of the key numbers released when Apple reports its results. With expectations largely in check, the mid-point for September's revenue probably needs to be $60 billion or more for the stock to move...
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Following Tech-Led Selling, Market Sees A Bounce Ahead of Apple earnings later today, the conclusion of a Fed meeting tomorrow and amid a raft of economic data, the market seems to be getting a bit of its mojo back after a tech-led selloff yesterday.
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Apple Shares In Neutral Going Into Earnings

Forbes - 31 Jul 2018 15:34
Apple Shares In Neutral Going Into Earnings Apple's shares are neither oversold or overbought going into June quarter's results announcement. Unless guidance is meaningfully better than expected the shares may stay in a trading range until more clarity, or rumors,...
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