Inc. (AMZN) Announces Layoffs at Seattle HQ

Are the good times over for Inc. (AMZN)? That’s the question many are asking after news broke on Monday that the online eCommerce giant is set to lay off hundreds of jobs at its Seattle headquarters. The actual numbers weren’t actually disclosed in the report but the rareness of the layoffs prompted many analysts to weigh in on what ...

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Both Cisco Systems, Inc. (CSCO) & Nvidia (NVDA) Have Q4 Buzz


Earnings season is bringing out the best in some surprising places. Two surprises have been Cisco Systems, Inc. (CSCO) & Nvidia (NVDA), both of which have shown strong Q4 numbers, allowing them to buck the trend presently dominating the markets. In the case of Cisco Systems, Inc. (CSCO), it was a matter of Wall Street love as analysts have been ...

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Kellogg Co. (K) & Skechers U.S.A (SKX) Beat Expectation In Q4

This earnings season has been very good for Kellogg Co. (K) & Skechers U.S.A (SKX). Both companies delighted their shareholders with better than expected results. For Kellogg Co. (K) it was a case of strong fourth quarter earnings, the company reporting net income of $428M or $1.23 earnings per share. The earnings with allowances made for non-recurring gains was 96 ...

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Gilead Sciences, Inc. (NASDAQ: GILD) Releases Q4 Earnings

Gilead Sciences, Inc. GILD

Independent biopharmaceutical company Gilead Sciences, Inc. (NASDAQ: GILD) on Tuesday, February 6, 2018, posted the results for its fourth quarter of 2017 and the numbers were somewhat mixed. At the top level of analysis GILD posted earnings of $1.78 a share off of revenues of $5.95B. The non-GAAP figures were a cut above some estimates. Zacks Research had pegged GILD ...

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Apple Inc. (NASDAQ: AAPL) Takes Minor Hit In Market Sell-off

The sell-off in US stocks which started last Friday, February 2, has hit a lot of companies hard—all except perhaps one of the biggest names on Wall Street, Apple Inc. (NASDAQ: AAPL). In trading Monday the iPhone maker managed only a modest decline, trading down $0.77 or 0.48% to close the day’s trading at $159.73. This was a huge sigh ...

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Chevron Corporation (NYSE: CVX) Misses Estimates

The promise of Big Oil inching higher hasn’t translated into major profits for Chevron Corporation (NYSE: CVX), one of the world’s biggest oil producers. In a recent Q4 2017 filing the US-based oil producer confirmed that it had fallen short of expectations. Analysts had set an estimated adjusted earnings figure of $1.23 per share; but CVK reported adjusted earnings of ...

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PayPal Future Uncertain After eBay Split?

Paypal Ebay Split

The relationship between PayPal (PYPL) and eBay (EBAY) is about to come to an end. In a recent release eBay confirmed that the longstanding relationship which has existed between it and the payments provider is about to scaled down initially, and then severed completely by 2023. The news sent PayPal plunging as investors unsure about how to process the news, ...

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South Korea Does U-turn On Cryptocurrency Ban

South Korea has been one of the most attractive markets for digital currency trading, but since the start of the year the country has emerged as one likely threat to the trading sustainability of digital currencies like Bitcoin. On January 11, 2018, news broke that South Korea was taking active steps to ban the trading of digital currencies. The news ...

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