Salesforce.com (NYSE:CRM) had a relatively good quarter. EPS came in at $0.24 beating by $0.03, and revenue for the quarter came in at $2.14 billion (+25% Y/Y), beating by about $20 million. Not only that, but the company is guiding an increase in revenue of about 20% for FY18. Folks, does it get any better than this?
Yet while the stock initially rallied, the rally faded fast. Also, CRM’s....More>>>
Arrow Loop Research’s stock of the week is Williams-Sonoma (WSM).
By Paul Price of Arrow Loop Research
At any given time there are some stocks whose market action makes no sense. They get really cheap even as their fundamentals are doing well. Putrid prices, in conflict with solid numbers, create the best investment opportunities.
When casino gambling is legalized in Japan, we’re going to see an all-out spending war among resort operators because it could become the world’s most lucrative market. And because of the potential Japan offers casino operators, the feeding frenzy they promise could also make it the most expensive gambling market in the world.
What an incredible week, and almost regardless of who you voted for, the last thing most people expected was Donald Trump to be the winner. One thing that also was surprising was the huge rally last week. We noticed in our weekly screen of insider activity that the buyers overwhelmed the sellers last week. Thats a very positive sign as we head into the final six weeks of 2016.
A week ago, we published a story about a problem surfacing with the Apple Inc. (AAPL) iPhone 6 lineup, especially the iPhone 6 Plus. So-called Touch Disease was rendering Apples first generation of larger smartphone useless and the company had no fix. Now reports say Touch Disease occurrences are surging to the point where it is the single biggest iPhone issue that Apple Stores have to deal with.
Singapore's largest property developer, CapitaLand (OTCPK:CLLDY) (CATL.SI) had a pretty good 2017. Helped by improving conditions in Singapore and China, not to mention significant project openings, CapitaLand's local shares climbed 20% and the ADRs did even better.
A power outage hit the CES consumer electronics show in Las Vegas, dimming the lights in one of the main convention halls hosting demonstrations from the likes of LG Electronics Inc. and Samsung Electronics Co.
“There is an isolated power outage at the Las Vegas Convention Center. W
In Lahore and Karachi, American flags were burned in front of TV cameras after President Trump’s decision on Jan. 4 to withhold $2 billion of security aid from Pakistan to punish it for allegedly harboring terrorists. The country’s government issued angry statements claiming no ins