Hints and tips:
...On Thursday, after Amazon and Apple completed the latest round of quarterly earnings reports, Brent Thill, an analyst at Jefferies, summed up the mood among investors: “The hype is here, the revenue is not...
...“Expectations were for a broader slowdown and Microsoft executed better and shrugged off the macro-boogieman,” said Brent Thill, analyst at Jefferies....
...(Ethan Wu) Two good reads From the FT’s Patrick McGee, how Apple became dependent on China, and whether it is stuck that way....
...Brent Thill, Jefferies analyst, added that the heavy premium suggested by Blackwells — as much as $75 per share, more than its value at close on Tuesday — also made it unattractive....
...Patrick McGee Key data point: Apple’s guidance for the fourth quarter, if indeed they offer any....
...“It was an overly ambitious strategy out of the gate,” said Brent Thill, an analyst at Jefferies. The sector faced challenges even before the pandemic....
...Additional reporting by Matthew Rocco in New York and Patrick McGee in San Francisco...
...“They want to grow up with a younger audience,” said Brent Thill, an analyst at Jefferies. “They could introduce new services along the way, as they age up.”...
...But the move has some investors “running for the hills”, said Brent Thill, an analyst at Jefferies....
...“I firmly believe that within five years the majority of carmakers will come to Google and say, ‘we need your help’,” says Brent Thill at Jefferies....
...Brent, the international benchmark, touched $74.75 a barrel on Thursday — the highest since 2014....
...In July, Brent had its biggest monthly price decline in two years....
...Brent crude oil has already declined from $37.28 a barrel at year-end 2015 to $30.70 after seven straight losses, writes Patrick McGee In 2015 the price fell 35 per cent and in 2014 it fell 48.3 per cent...
...Brent only breached the $35 mark for the first time in 11 years on Wednesday, as a relentless rise in global production overshadowed geopolitical upheavals....
...The price of Brent crude oil has tumbled as much as 3.3 per cent to $33.09, a new low going back to 2004....
...The third week of 2016 is already off to a poor start, as the price of Brent crude oil falls below $28 a barrel for the first time since December 1, 2003....
...And the price of Brent crude oil has again fallen under $30 a barrel; unlike the overnight dip below this level, it’s also staying there....
...At Capital Economics, Marcel Thieliant said he expects the current account to rebound as the price of Brent crude oil continues to fall....
...Overnight, it had that seemed global markets were prepared to rebound, as the price of Brent crude jumped nearly 6 per cent at one point....
...Since a 2015 high in May, the price of Brent crude has slipped 46.6 per cent, as global supplies continued to grow....
...The sharp fall comes after an awful session on Wall Street, where the S&P fell by 2.5 per cent and the price of Brent crude oil briefly fell through $30 a barrel....
...In early trading the price of Brent crude oil is down 1.9 per cent to below $33 per barrel. It’s a sixth straight loss, but hasn’t yet fallen below the intraday Thursday low of $32.16....
...Brent crude oil had jumped 2.4 per cent overnight, bringing hope that it had bottomed out after an eight-day losing streak....
...Brent crude oil stumbled 35 per cent in 2015, after a 48 per cent decline in 2014, as demand from China slows and the sector experiences a supply glut....
...Brent crude oil held above the $30 mark on Tuesday, but experienced a volatile day and touched a new 12-year low of $30.34 a barrel. WTI, the US benchmark, briefly fell to $29.93....
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