Major tech firms and U.S. tech industry groups said on Monday that France’s new digital services tax undermines the global tax regime and multilateral efforts to reform…… Read more “U.S. tech industry leaders: French digital service tax harms global tax reform”
Month: August 2019
Alibaba (BABA) Stock: Next Stop, $225?
Alibaba’s (BABA) stock climbed nearly 11% over the past three trading days, as investors are becoming more optimistic on the heels of a strong earnings report and…… Read more “Alibaba (BABA) Stock: Next Stop, $225?”
Why The 2 Biggest Biotech Stocks Were Just Hit With Downgrades
An analyst downgraded shares of biotechs Amgen and Celgene on Monday, saying both stocks are nearing appropriate values. Amgen stock ran up after a judge sided with…… Read more “Why The 2 Biggest Biotech Stocks Were Just Hit With Downgrades”
Facebook and Twitter Suspend Accounts After Alleging Deceptive Tactics Against Hong Kong Protestors
Facebook and Twitter said Monday they have shut down accounts originating from China that they believe are likely to be either state-sponsored or linked to people associated…… Read more “Facebook and Twitter Suspend Accounts After Alleging Deceptive Tactics Against Hong Kong Protestors”
ON Semiconductor, NXP Semiconductors Bright Spots Amid Chip Downturn
After downgrading the chip sector almost a year ago, brokerage firm Raymond James now is seeing some attractive semiconductor stocks. They include ON Semiconductor and NXP Semiconductors.…… Read more “ON Semiconductor, NXP Semiconductors Bright Spots Amid Chip Downturn”
Weibo Earnings, Revenue Top Estimates, Stock Surges
Chinese social media company Weibo reported second-quarter earnings Monday that beat estimates, causing the stock to surge more than 14%. Monthly active users jumped 13% to 486…… Read more “Weibo Earnings, Revenue Top Estimates, Stock Surges”
Sina Earnings Smash Wall Street Estimates In Second Quarter
Sina earnings and revenue for the second quarter soundly beat Wall Street estimates, sending the stock up for the China-based internet company. Ad revenue dropped 5% to…… Read more “Sina Earnings Smash Wall Street Estimates In Second Quarter”
Estee Lauder Companies Inc (EL) Q4 2019 Earnings Call Transcript
EL earnings call for the period ending June 30, 2019. source https://finance.yahoo.com/news/estee-lauder-companies-inc-el-202319682.html?.tsrc=rss
Why Kohl’s Stock Was Climbing Today
Shares of the department-store chain moved higher in anticipation of its earnings report tomorrow. source https://finance.yahoo.com/news/why-kohl-apos-stock-climbing-202000797.html?.tsrc=rss
Tyson Foods to Webcast Barclays Conference Presentation
SPRINGDALE, Ark., Aug. 19, 2019 — Tyson Foods, Inc. (NYSE: TSN) will webcast its presentation at the Barclays Global Consumer Staples Conference on Wed., Sept.4, at 8:15…… Read more “Tyson Foods to Webcast Barclays Conference Presentation”