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Why Is 3D Systems Skyrocketing?
Thursday, August 6, 2015 - 4:51pm | 7653D Systems Corporation (NYSE: DDD) has skyrocketed Thursday afternoon despite reporting an earnings miss. The 3D printing company reported a Q2 EPS of $0.03, which was well below the Street estimate of $0.08. Sales arrived at $170.5 million versus $171.7 million. Wall Street didn't seem to care...
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Apple Music Has 11 Million Subscribers: Will It Move The Needle For Apple Or Taylor Swift?
Thursday, August 6, 2015 - 4:48pm | 580Apple Inc. (NASDAQ: AAPL) executives have informed USA Today that the company has attracted 11 million trial members to Apple Music. Two million of those users are on the family plan, though it appears they are enjoying a free trial as well. "It's hard to say how many will stick...
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Hortonworks Beat Estimates With 'Nice' Report, Shares Jump As Much As 15%
Thursday, August 6, 2015 - 7:13am | 453Shares of Hortonworks Inc (NASDAQ: HDP) rose as much as 15 percent in after-hours trading Thursday. The company reported a second-quarter adjusted loss of $0.80. Wall Street anticipated a slightly higher loss of $0.84. Sales arrived at $30.7 million, which was notably higher than the Street...
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Why Tesla Crashed Despite Beating Earnings Expectations
Wednesday, August 5, 2015 - 5:32pm | 434Tesla Motors Inc (NASDAQ: TSLA) has rebounded slightly after falling more than 6 percent in after hours trading. The automaker reported a Q2 EPS of ($0.48) versus the Street estimate of ($0.58) and sales of $1.2 billion versus $1.17 billion. Tesla also announced that it expected to deliver 50,000...
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Is Disney The Apple Of Media And Entertainment?
Wednesday, August 5, 2015 - 2:59pm | 588Walt Disney Co (NYSE: DIS) fell sharply Wednesday after the company reported mixed earnings results Tuesday afternoon. Shares of Disney were down more than 8 percent as of 2:56 p.m. EST. Some analysts are blaming ESPN and its reported cost-cutting measures. Are investors justified, or has...
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Activision Had A 'Huge, Huge Revenue Beat,' But Is A Correction Coming?
Tuesday, August 4, 2015 - 6:01pm | 503Activision Blizzard, Inc. (NASDAQ: ATVI) beat earnings with a Q2 EPS of $0.13 (versus the Street estimate of $0.08) and sales of $1.04 billion. The firm raised its CY15 sales estimates from $4.425 billion to $4.6 billion, topping the Street's current estimate of $4.47 billion. Activision also...
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Windows 10 Not Likely To Slow Down The Internet After All
Tuesday, August 4, 2015 - 12:27pm | 460There were concerns that Microsoft Corporation (NASDAQ: MSFT) might slow down the Internet when it released Windows 10, which is available as a free upgrade to Windows 7 and Windows 8 users. Patrick Moorhead, president and principal analyst at Moor Insights & Strategy, has not seen any...
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Apple's New Siri Feature (That Google Had First) Could Be Popular, But Privacy Remains A Concern
Tuesday, August 4, 2015 - 8:15am | 803Apple Inc. (NASDAQ: AAPL) is reportedly developing a new voicemail service that will use Siri to transcribe messages. Analysts had positive reactions to the unconfirmed tidbit, but they also had a number of concerns. "I like it, but to be honest I thought they already had a tool like that...
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Weekly Tech Highlights: Twitter Beat Earnings, Yelp Fell Short And More
Sunday, August 2, 2015 - 10:19am | 674July concluded with a plethora of earnings and the release (and heavy promotion) of Windows 10. Twitter Showed Signs Of Improvement Twitter Inc (NYSE: TWTR) expert Sean Udall said firm's revenue of $502.38 million was a "huge beat." "[And] they actually guided the full-...
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FireEye Investors Distracted By CFO Departure Despite Earnings Beat
Thursday, July 30, 2015 - 5:56pm | 561FireEye Inc (NASDAQ: FEYE) is taking some heat after the firm announced that its CFO, Michael Sheridan, is leaving for a job at a private tech company. The announcement seems to have overshadowed FireEye's Q2 earnings beat of ($0.41) versus the Street estimate of ($0.48). Sales came in at $...
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Why The Online Dating Business Is Going To Be Much Bigger Than Anyone Expects
Thursday, July 30, 2015 - 5:08pm | 163Welcome to the July 29th edition of This Week on Estimize. We are pleased to be joined by Sean Udall, the CIO of Quantum Trading Strategies, author of the TechStrat Report, and avid contributor to the Estimize platform. In this episode, Leigh and Sean discuss earnings from social media companies...
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LinkedIn Had A 'Whopper Of An EPS'
Thursday, July 30, 2015 - 5:02pm | 602Investors responded favorably to LinkedIn Corp (NYSE: LNKD), which reported better-than-expected results Thursday afternoon. The company's Q2 EPS came in at $0.55, beating the Street estimate by $0.15. Sales arrived at $712 million versus $679.78 million. "They came in with a whopper...
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Yelp Could Have Been 'Ridiculous,' Disappointed Instead
Tuesday, July 28, 2015 - 5:16pm | 477Minutes before Yelp Inc (NYSE: YELP) reported its second quarter results, Sean Udall said the firm could have a "ridiculous" setup. "Yelp could have a vibrant reaction to the upside," Udall, who serves as the CIO of Quantum Trading Strategies and is the author of The...
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Twitter 'Kitchen Sinked The Quarter,' But One Quarter Is Not A Trend
Tuesday, July 28, 2015 - 5:00pm | 484Twitter Inc (NYSE: TWTR) was up more than 4 percent in after-hours trading (but dropped by more than 10 percent following the company's conference call) after the company reported its second quarter results. The social media empire reported Q2 EPS of $0.07 versus the Street estimate of $0.04....
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Twitter's Stock Might Be 'Stuck For The Next Quarter Or Two'
Tuesday, July 28, 2015 - 2:05pm | 548Twitter Inc (NYSE: TWTR) is up nearly 4 percent on Tuesday, indicating that some investors might have hope for the company's second quarter results. Analysts and other industry watchers aren't nearly as optimistic. "The stock is so hated, it's probably stuck for the next...