Facebook (FB) tanked after announcing its recent quarterly earnings despite beating on both the top and bottom-line numbers. In addition to the strong revenue and income figures, user growth across its platform grew by a robust clip and the company authorized an additional $10 billion for its share repurchase program. The culprit was a sharp […] The post Facebook Remains Compelling appeared first on INO.com Trader's Blog. [Read More...]
IBM Posts Strong Quarterly Results and New CEO
International Business Machines (IBM) is fresh off its strong quarterly results, followed up by news that its CEO is stepping down. Each event separately drove the stock higher as investors cheered the duo of better than expected earnings and a change at the CEO level. IBM continues its long turn back to growth, focusing on […] The post IBM Posts Strong Quarterly Results and New CEO appeared first on INO.com Trader's Blog. [Read More...]
Disney Delivers 26.5M Disney+ Subscribers
Disney (DIS) just delivered a stellar quarter beating on both the top and bottom lines while continuing to roll out its growth initiatives via streaming. Disney’s growth rotation is still in the early stages with the remediation of its ESPN property and flurry of growth initiatives to meet the demands of the modern-day media consumption […] The post Disney Delivers 26.5M Disney+ Subscribers appeared first on INO.com Trader's Blog. [Read More...]