So much for that theory.
Tags » Market Capitalization
Remember what happened to Apple when it reported its third-quarter earnings last July?
Despite a sharp increase in global sales and profits, traders the next day wiped $40 billion off Apple’s market value. 220 more words
The market’s reaction Friday to the latest earnings results from Google, Amazon and Microsoft (read Fortune’s coverage here, here and here) got reader Carl Lambert—who posts here as RadarTheKat—thinking about the “law of large numbers,” one of the most abused phrases in business journalism. 526 more words
Yesterday, Google’s parent company Alphabet released its earnings report and announced its first stock buyback program. Investors welcomed the news and sent the company’s stock soaring 11.8% in early trading Friday morning, which pushed Alphabet’s (GOOG) market capitalization passed the half a trillion mark. 155 more words
Walmart shares are cratering after the mega-retailer warned that increases in employee wages and investments in e-commerce will continue to take huge chunks out of its profit for the next few years. 257 more words
(the full content of this report is sent to some of our customers for one month before posted here. Please, email us at firstname.lastname@example.org if you don’t want to wait) 183 more words