I posted earnings on my Twitter feed in real time as they came in. Big beats by GOOGL and AMZN — and a little disappointment from BIDU, INTC, KLAC and SBUX. But thanks to the heavy weighting of the former, Nasdaq futures are indicating +50 in the after hours.
Considering the number of misses reported tonight, I’d say the net result is slightly negative — especially thanks to INTC.
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Do you remember that stock?
Rumors have it that INTC is doing a six billion dollar buy back. Is it true? I may have gotten the figure somewhat wrong.