Pre-Market Report: Global Markets Start the Week on a Stable Note

On October 23, the Shanghai Composite Index closed at 3,380.70 after rising 0.06%. The SPDR S&P China ETF (GXC) rose 0.68% on October 20, 2017.

PPG Industries Stock Rose, Posted Strong Earnings in 3Q17

PPG Industries announced its 3Q17 earnings on October 19 before the markets opened. It reported revenue of $3.77 billion—an increase of 3.0% on a YoY basis.

SuperValu Cruises past Analyst Expectations, Still Sinks

SuperValu (SVU) reported adjusted EPS of $0.46, beating the consensus by $0.10. Total sales from continuing operations stood at $3.8 billion—35% higher YoY.

Kinder Morgan’s 3Q17 Results Met Analysts' Expectations

Kinder Morgan reported its 3Q17 results on October 18, 2017. It reported an adjusted EPS of $0.15, which was in-line with analysts’ consensus estimates.

RECENT Tech, Media, and Telecom RESEARCH

What Are CenturyLink’s Major Long-Term Growth Drivers?

Wall Street expects CenturyLink’s (CTL) 2017 earnings to decrease year-over-year. Analysts expect CTL to report earnings per share (or EPS) of $1.95 in 2017 compared to EPS of $2.45 in 2016.

PayPal’s Post-Earnings Update: Swift Financial, PayPal Credit

Pending regulatory approval, PayPal (PYPL) plans to acquire Swift Financial for an undisclosed amount. Swift Financial had already raised more than $56 million in venture capital when it agreed to sell itself to PayPal.

Behind Hewlett Packard Enterprise's Fiscal 3Q17 Performance

HPE reported fiscal 3Q17 revenues of $8.2 billion—a rise of 3% year-over-year, after adjusting for divestitures, and of 6% on a constant currency basis.

T-Mobile’s Major Long-Term Growth Drivers

In 2Q17, T-Mobile (TMUS) reported its 14th consecutive quarter as the industry leader in postpaid phone customer net additions.

Snapshot of Snap after 2Q17: Top-Line Growth, DAU, and Spectacles

Snap (SNAP) generated $181.7 million in revenues in 2Q17, falling short of the consensus estimate of $189 million. However, Snap’s top line grew 153% compared with 2Q16.

These Tech Players' 2Q17 Earnings Were a Mixed Bag

Cisco (CSCO) is transitioning its business model to rely more on software sales and recurring revenues.

Moving Forward: Mark Okerstrom Is Expedia’s New CEO

After a 12-year stint at Expedia (EXPE), Dara Khosrowshahi resigned as the CEO to join Uber. Uber’s search for a new CEO started in June 2017.

Micron Is Looking at These Opportunities amid Technology Shift

In this series, we’ll look at Micron’s end markets and its investments in each of these end markets.

Recent Update on the Software and Semiconductor Industry

Although Oracle (ORCL) has had three revenue misses and one earnings miss over the last 12 months, its Cloud Computing segment is a source of optimism.

Latest Updates from the US Internet Space: AMZN, FB, and More

Amazon (AMZN) is stepping up its campaign for online advertising dollars with a few noteworthy adjustments to its ad formats. Here’s what else you need to know.

Your Top Tech Movers in August

Windstream Holdings (WIN) stock fell ~45% in August 2017 to close the month at $2.07. Windstream is now trading 10.7% above its 52-week low of $1.87.

How Dish Network Is Positioned as It Transitions to Connectivity

Dish Network (DISH) stock has fallen 10.5% in the past one-month period but has risen 17.1% in the past year. DISH’s pay-TV business declined in 2Q17, with subscriber losses of 196,000.

Semiconductors in 2Q17: All Aboard?

Nvidia (NVDA), Advanced Micro Devices (AMD), and Intel (INTC) are leaving nothing to chance as they pursue new growth opportunities in emerging fields.

Key Updates from the Tech and Media Sectors

While Uber generated $8.7 billion in revenue, it posted a net loss of nearly $650 million in the latest quarter.

What Drove VMware’s Fiscal 2Q17 Results?

During its VMworld tech conference on August 28, VMware (VMW) launched its newest offering, AppDefense. AppDefense is designed to protect a company’s core virtualization software from malware, ransomware, and other threats.

Can Micron Keep Momentum through 2017?

Micron Technology (MU) is reporting strong earnings and guidance, but its stock value is not growing quite so fast.

What Are Sprint’s Major Long-Term Growth Drivers?

Sprint’s management maintained its cash capex guidance to be in the range of $3.5 billion to $4.0 billion for fiscal 2017.

Key Trends in the Media Sector's 2Q17 Earnings

Advertising is a key source of revenues for companies like Time Warner (TWX), 21st Century Fox (FOXA), and Comcast’s (CMCSA) NBCUniversal.

Analyzing Wireless Network Performance across the US

In Colorado Springs, Sprint (S) shared the top spot along with T-Mobile (TMUS) in the overall network performance category.

Hewlett Packard Enterprise's Fiscal Q3 Earnings: What to Expect

Hewlett Packard Enterprise (HPE), a US (SPY) hardware technology (QQQ) company, is scheduled to announce its fiscal 3Q17 earnings on September 5.


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