• Microsoft is rallying ahead of earnings

    1 month ago - By Business Insider

    Microsoft is rallying ahead of earnings, which are due out after Thursday's closing bell.
    Wall Street is bullish ahead of the results.
    Watch Microsoft trade in real time here .
    Microsoft shares are up more than 2% Thursday as investors ready for the company's third-quarter results, which are due out after the closing bell.
    Wall Street expects the company to earn an adjusted $0.85 a share on $25.78 billion of revenue. That would make for an almost 40% spike in earnings-per-share compared to a year ago. Analysts are largely bullish ahead of the results, with 28 "buy" ratings compared to just...
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  • Sales Of AbbVie's Hepatitis C Drugs Soar

    Sales Of AbbVie's Hepatitis C Drugs Soar

    1 month ago - By Forbes

    Sales AbbVie's drugs for hepatitis C were $919 million in the first quarter of 2018, 60% above the consensus forecasts of Wall Street analysts, helping to boost the company's earnings to $2.8 billion on sales of $7.9 billion, up 33% and 21% from last year.
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  • American Express closer to breaking into elusive Chinese market, report says

    1 month ago - By CNBC

    American Express is closer to becoming the first U.S. card network to offer services in China, The Wall Street Journal reported Thursday.
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  • Wall Street rises as tech earnings impress, yields pull back

    1 month ago - By Reuters

    Wall Street stocks rose on Thursday, as strong earnings from Facebook and a handful of chipmakers powered technology stocks, and U.S. bond yields pulled back.
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  • AMD surges after a stellar earnings report

    1 month ago - By Chron

    Markets Insider
    Advanced Micro Devices reported first-quarter earnings Wednesday that beat Wall Street expectations.
    The chipmaker reported adjusted earnings of $0.11 per share on revenue of $1.65 billion while increasing its second-quarter revenue guidance.
    Follow AMD's stock price in real-time here.
    Shares of AMD are set to open up more than 9% Thursday, at $10.60, after the chipmaker reported first-quarter results that topped analyst expectations.
    For the first three months of 2018, AMD said it earned an adjusted $0.11 per share, outpacing the $0.09 that analysts surveyed by Bloomberg...
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  • AMD shrugged off one of Wall Street's biggest concerns about cryptocurrency mining

    AMD shrugged off one of Wall Street's biggest concerns about cryptocurrency mining

    1 month ago - By Business Insider

    AMD told analysts on its first quarter earnings call that it's not worried about second-hand graphics chips flooding the market as the interest in crypto dies down.
    Cryptocurrency mining made up 10% of the company's first quarter revenue, the CFO said.
    Shares surged more than 9% following its expectations-topping earnings results.
    Follow AMD's stock price in real-time here.
    AMD got a big boost as its graphics chips, once popular only among gamers, were being gobbled up by would-be cryptocurrency miners at the height of this winter's crypto craze.
    But as crypto prices have declined in 2018...
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  • Wall Street set for gains as tech earnings impress, yields pull back

    1 month ago - By Reuters

    Wall Street was set for a positive start on Thursday, driven by strong earnings from Facebook and a handful of chipmakers, coupled with a slight retreat in bond yields.
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  • Here's what Wall Street analysts are saying after Facebook's big earnings win

    1 month ago - By CNBC

    Wall Street is buzzing over Facebook's latest earnings results, which topped Wall Street's expectations despite recent uproar about the company's handling of user information.
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