October 27, 2022 @ 7:43 pm | Breaking News |
Okay, quarterly revenue and earnings reported yesterday after the market close stank up the joint. Revenue at Facebook’s parent, fell 4.5% in the quarter, a second consecutive drop in quarterly revenue to $27.7 billion. Wall Street forecasts called for $27.4...
October 20, 2022 @ 11:15 pm | Breaking News |
Snap (SNAP), the maker of the Snapchat app, reported the slowest quarterly sales growth ever today, October 20, after the market close. The stock, which had lost 0.64% during regular trading hours, fell 27.06% in the after-hours session. And the drop took shares of...
October 2, 2018 @ 6:58 pm | Breaking News, Buy, Jubak Picks Portfolio, NPSNY, You May Have Missed |
As I wrote in my Special Report: “10 Picks for the Emerging Markets Bounce,” (on my subscription JubakAm.com site) I’m adding Naspers (NPSNY) to my Jubak Picks Portfolio. It’s unlikely that you know much about this South African Internet...
December 12, 2017 @ 6:43 pm | Breaking News, GLW, Jubak Top 50 Portfolio, Update |
Corning (GLW) will buy the Communication Markets Division of 3M (MMM) for $900 million. The 3M division has approximately $400 million in annual sales of high bandwidth and optical fiber products. Corning expects the acquisition to add 7 cents to 9 cents to its fiscal...
December 11, 2017 @ 2:23 pm | Breaking News, Jubak Top 50 Portfolio, TCEHY, Update, You May Have Missed |
China’s leading Internet gaming and entertainment company Tencent Holdings (TCEHY) has swapped stakes with music streaming company Spotify. Tencent Music Entertainment (TME), the unit of Tencent Holdings that manages its music streaming and karaoke services,...
October 16, 2017 @ 7:39 pm | Breaking News, You May Have Missed |
Netflix missed Wall Street estimates for third quarter earnings today by 3 cents  share. Revenue at $2.98 billion was in-line with analyst estimates of $2.97 billion (and up 30.3% year over year.)  But the big news for investors were in two trends that Netflix...
August 11, 2016 @ 5:23 pm | BABA, Jubak Picks Portfolio, Update |
Update: August 11, 2016. Okay, the top line numbers were impressive. Today Alibaba Group Holding (BABA) reported a 59% increase in revenue for its June quarter. But for the first time Alibaba provided segment details on its various businesses–due at least in...
July 18, 2016 @ 7:50 pm | Breaking News, Volatility |
After the close of trading today, July 18, Netflix (NFLX) reported second quarter revenue and subscriber growth below Wall Street projections. In after hours trading Netflix shares fell 16.81%. Tomorrow’s season will show whether the results at Netflix affect...
July 15, 2016 @ 7:31 pm | Breaking News, Leading Indicators, You May Have Missed |
Investors start to see second quarter reports on revenue and earnings from Internet search, streaming, and social media companies next week when on Monday, July 18, both Yahoo (YHOO) and Netflix (NFLX) report. Amazon (AMZN) follows on July 21. And then in the...