This market report looks at 6 noteworthy companies and reports on their earnings releases for the end of Q2 2019. They include: Facebook Inc. (NASDAQ:… Read More »6 Majors Earnings Release Highlights – Q2 2019
The US tech sector fell sharply during the month of May after U.S. regulators announced they would pursue antitrust action against large technology companies. The big FAMGA, specifically Facebook (ticker: FB), Apple (AAPL), Microsoft (MSFT), Alphabet (GOOGL), and Amazon (AMZN) shares dropped off the cliff. Additionaly, Alphabet (Google’s parent company) is still unable to rise out of the valley as investors continue to worry about the large size of fines that Alphabet will have to pay, and the enormous impact it will have on its operating income.
Atlassian (NASDAQ: TEAM) announced 3Q19 earnings, which ended in June 2019. Atlassian provides team collaboration and productivity software such as Jira Software and Confluence. Over… Read More »Aussie Tech Unicorn Atlassian releases Q3 Earnings
Uber, the ride-sharing giant finally filed for its long-awaited IPO. Highlights Monthly active users reached 91 million. Average user takes 5.5 trips in a month.… Read More »The ride-sharing giant, Uber finally filed for its long-awaited IPO
Xiaomi Corporation is a Chinese electronics company headquartered in Beijing and listed on the Hong Kong Stock Exchange (stock code:1810). Xiaomi produces smartphones, laptops, and Internet of things (IoT) products, as well as internet services. It was founded by Lei Jun in 2010 and grew rapidly to a major tech player in China. Xiaomi started its international expansion from 2014 and went public on HKSE in July 2018.