It looks like Amazon would be losing a lot of money if not for AWS

 Amazon reported its second-quarter earnings today, and it was a bit of a whiff — and a bummer for Jeff Bezos, who is now no longer the solar system’s richest human and has been relegated to the unfortunate position of second-richest human. Read More

Jeff Bezos’ brief stint as world’s richest human ends with Amazon’s second quarter whiff

 Amazon reported its earnings today, wherein a whiff in earnings sent the stock down around 3% and brought CEO Jeff Bezos back to reality as the, once again, second richest human in the known Solar System. In all seriousness though, this is a big quarter for Amazon as it looks to close out its $13.7 billion bid for Whole Foods. The company appears to once again be squeezing out a very small… Read More

Intel beats earnings expectations as it manages to maintain growth in its Data Center Group

 Intel declared $14.8 billion in revenue this afternoon and earnings per share of 72 cents. This represents a solid beat as analysts had expected revenues of $14.41 billion and EPS of 68 cents. The company’s  stock finished up 22 cents and 0.63 percent to $34.97 per share in regular trading. In the moments after the company released its earnings, Intel’s stock shot up 3.43 percent.… Read More

Twitter is having a very bad day

 Twitter reported its second-quarter earnings today, and it did not go over well. As a result, the stock is down more than 12% in trading today — which is a very Twitter thing to happen, so to speak.
Here’s the chart, which could pretty much be summed up with a  :

Today also wiped out most of the gains that it accrued in the year to date. Twitter’s last report was a rare… Read More

We probably still need some more numbers for this Very Important Twitter Chart

 I’m reviewing the transcript in my notes of Twitter’s second-quarter earnings call — which definitely did not go well, with the stock crashing more than 10% — and it seems like Twitter is beating the drum very hard on its daily active user growth. The company is regularly referring to double-digit growth in its DAU count year-over-year and that it is stressing DAUs as… Read More

Hungary issues panda bonds in China for 1b yuan

Hungary issued state bonds in China in an amount of 1 billion yuan ($151 million), State Secretary of the Ministry for National Economy Agnes Hornung said Wednesday.

Twitter’s user growth goes nowhere and the stock is collapsing

 The small nice-ish story Twitter had going for itself for the past few quarters was that, at the very least, its monthly active users were growing quarter-over-quarter. While MAUs might not be the right number to look at these days, for better or worse it’s one of the core metrics that Twitter is judged on for now — and that didn’t pan out when it reported its earnings today… Read More