CEOs of Amazon, Apple, Facebook and Google will testify before Congress on Wednesday in what will be a crucial hearing for the future of the antitrust law and Big Tech’s relationship with Washington. It will be the first time that Jeff BezosJeffrey (Jeff) Preston BezosHillicon Valley: Google Extends Remote Work …
Read More »I’m not selling my Verizon, at least not yet
When is bad good? When bad is better than expected. Is when. Verizon Communications (VZ) reported the company’s fiscal performance in the second quarter on Friday morning. Verizon puts a adjusted EPS of $ 1.18 on the ribbon, which exceeded the consensus view. The firm also produced revenue of $ …
Read More »Microsoft reports earnings on Wednesday: 8 important things to keep in mind
With Microsoft shares (MSFT) now above $ 200, and its market capitalization above $ 1.5 trillion, it is safe to assume that many investors expect strong numbers to be shared on Wednesday. Currently, the consensus among analysts surveyed by FactSet is for Microsoft to post June quarter (fiscal fourth quarter) …
Read More »Stunned and confused, employment report, more ‘helicopters’ on the way, Boeing trade
Technical difficulties? In some way. I have no trouble reading the charts, but on Wednesday afternoon I had problems with my internet server. The service went in and out for several hours, forcing the merchant (that’s me) to take a couple of hours off work. After taking back control of …
Read More »Microsoft store closings bring home the uniqueness of Apple’s retail success
In a way, Microsoft’s (MSFT) plans to close its 83 physical retail stores highlight the uniqueness of what Apple (AAPL) has accomplished with its retail operations. After all, it’s not that Microsoft’s core hardware companies are in dire straits right now. The Surface PC / Tablet lineup now has an …
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