(This is all for informational purposes only, views are mine alone. not a buy or sell recommendation)
Game of Thrones creators Benioff and Weiss drop Star Wars movies for Netflix
Juggling a $200m deal with Netflix, David Benioff and DB Weiss are ditching their Star Wars trilogy, saying they ‘could not do justice to both’
Outperformance si Youdao
Super outperform din si koolearn; 90% up from reco of 10
Earnings
Inphi reported third-quarter revenue of $94.2 million, up 20.8% year over year and about $4.1 million higher than the average analyst estimate. The company pointed to higher demand for long-haul, metro, and data center products as the key growth driver
Non-GAAP (adjusted) earnings per share came in at $0.45, up from $0.30 in the prior-year period and $0.08 higher than analysts were expecting. Gross margin rose 0.8 percentage points to 70.2% on an adjusted basis, thanks to favorable changes in product and revenue mix.
“The 50% year-on-year non-GAAP EPS growth in Q3, based on 21% year-on-year revenue growth, demonstrates the leverage in our operating model as we execute on our customer growth strategy,” said Inphi CEO Ford Tamer in prepared remarks included in the earnings release.
Datacenter parts pala tong INPHI. Id just put it in my study list but congrats! 20% up after earnings
Zynga Inc. shares rose 4% in after-hours trading Wednesday after the digital-gaming company reported third-quarter results that exceeded analysts’ earnings estimates. Zynga reported net income of $230 million, or 24 cents a share, compared with $10.2 million, or a penny a share, in the year-ago period. (Net income included a one-time gain related to the sale of Zynga’s San Francisco building.) Revenue skyrocketed 48% to $345 million from $233.2 million a year ago. Analysts surveyed by FactSet had expected earnings of 5 cents a share on revenue of $386 million. “We’re definitely in growth mode here, with bookings of $395 million,” Zynga Chief Executive Frank Gibeau told MarketWatch in a phone interview. “This should set us up nicely for 2020.” The San Francisco-based company raised its full-year revenue guidance to $1.28 billion, up 41% year-over-year and up to $42 million from prior guidance. Zynga shares are up 58% this year. The S&P 500 index has gained 21% this year
*****(After Beyond Meat Plunges 20% on lockup expiration, it rises 10% the next day)
The acolytes and the disciples of Ethan Brown proudly bought the knives and the kitchen sinks of Beyond Meat at 80 to close 88.
There’s a Legion of acolytes praising Ethan brown
Pat brown
So as respect to them, I just put them on my watchlists
These are called cult stocks
It trades premiums because of massive and rabid fan bases who would believe in their ceo as the head of the religion
And in mass hysteria
They will purchase and tell their friends to buy vegan and eat pea protein and adopt those lifestyles
In that light, they would en masse be purchasing Tim hortons sausage sandwiches
Or gobble the limited offering PLT (plant lettuce tomato) of McDonald’s and even eat the Impossible whoppers of burger king
The KFC Beyond chicken wraps and so forth
For these reasons
This is why the restaurant partnerships will be the sole reason to follow the plant meat craze or secular trends it will be
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Apple reported fiscal fourth-quarter earnings that beat analysts’ expectations on Wednesday and revenue that topped forecasts.
The company also guided sales in line with expectations for its fiscal first quarter, the all-important holiday shopping period and the first full quarter for sales of the iPhone 11, which has helped rejuvenate interest in its handsets.
Apple cruises 247.85; still at all time highs; helps sentiment when big caps make good on earnings. Also prevents the people to Short the names which are the largest weighted in Nasdaq and S&P
wearables, home, and accessories revenue soared 54% year over year — also an acceleration from 48% growth in fiscal Q3. Total wearables, home, and accessories revenue was $6.5 billion.
So basically the market only assigned a 3X price to sales for the strongest selling hardware and also recurring revenue thru software for Apple Kaya sustainable dominance on the all time high front
Apple and Microsoft deserve their trillion marketcap statuses
Cool thing to reflect upon:
Brands make people do irrational things and pay irrational prices
Commodities are not differentiations so this is bad for business
Take a playbook on how Apple manages to pay overpriced things
The cost of love is always expensive
- In terms of branding and price inelasticity
Every electric car suffered except Tesla
*****
Watch this when you’ve got time.
On August 1, 2016, Tesla announced in a joint statement with SolarCity it would be acquiring the company in an all-stock $2.6 billion merger. … He said that it was an accident of history that Tesla and SolarCity were two separate companies before the merger.
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Garmin makes a breakthrough
- Garmin saw its stock rise almost 10% following strong third-quarter performance. Sales climbed 15% from the year-ago quarter, lifted by especially good performance in the aviation, fitness, and outdoor segments. Pro forma earnings per share were up 27% year over year. CEO Cliff Pemble credited “our lineup of great products in every market segment” for the successful quarter. Yet what might be even more important is the release of Garmin’s new Autoland system, which will land small general aviation aircraft in the event of an emergency without pilot assistance. As aviation safety becomes a more pressing issue industry wide, Garmin is positioning itself to bolster its leadership role in that part of its business.
- https://www.flyingmag.com/garmin-debuts-visionary-autoland-capability/
- Each aviation generation sees a handful of revolutionary concepts, those leading-edge technologies that, once introduced to the airplane — because they are so game-changing — undergo a transition period before we fully understand the increase in safety that they can provide. Garmin announced today its entry into that rarefied space: the first Autoland system developed exclusively for use in light, personal airplanes, as part of Garmin’s Autonomí suite.
- When activated, the emergency system will assume control of the airplane, engage in an upset recovery if needed, determine the best route to an appropriate airport (based on weather, terrain, airport facilities and other factors), and maneuver the airplane to that airport — all the way to a full-stop landing on the runway — without human intervention.
- Certification is in process for a number of aircraft, with the Piper M600 looking to be first out the door, and the Cirrus Vision Jet to certify soon after. Autoland will come standard in most applications, as the companies involved in its initial certification share the philosophy that this level of safety should be part of a pilot’s regular tool kit. More to come — as we’ve flown with this system for an upcoming issue of Flying.
Garmin reported another strong quarter of revenue growth, up 15% to $934 million. Aviation, fitness, outdoor and marine collectively increased 24% and contributed 85% of total revenues.
Gross margin improved to 60.7%. Revenue growth and expanding margins resulted in significant operating leverage in the business. Operating income increased 33% year-over-year to $261 million and operating margin expanded to 28%. This resulted in GAAP EPS of $1.19 and pro forma EPS of $1.27 in the quarter
Starting with the Aviation segment. Revenue increased 28% driven by growth in both OEM and aftermarket systems. Gross and operating margins remained strong at 74% and 35%, respectively, resulting in operating income growth of 30% over the prior year.
Growth in OEM systems was driven primarily by the recent certification of the Citation Longitude, featuring our G5000 integrated flight deck. However, the strength was broad-based as other aircraft platforms also contributed to the growth. Growth in aftermarket systems was driven by strong ADS-B sales and the recently certified G5000 integrated flight deck for the Citation XL and XLS.
Fitness segment. Revenue increased 28%, primarily driven by growth in wearables and contributions from Tacx. Gross and operating margins were 52% and 20%, respectively, resulting in operating income growth of 33% over the prior year.
At [EPA], which is Europe’s leading consumer electronics trade show, we announced a sweeping update to our line of consumer wearable products including new versions of the vívoactive series in 2 sizes, the vivomove 3 hybrid smartwatch series and the all-new Venu smartwatch featuring a brilliant AMOLED color touchscreen display, comprehensive health and fitness features and long battery life.
We also announced the Tacx NEO 2T smart trainer featuring enhanced drive design and performance analytics to simulate an outdoor ride as realistically and quietly as possible.
https://m.youtube.com/watch?v=IcVuubU4BTU
Just released 13 hours ago
- shares of MongoDB finished higher by 6%. The database platform provider announced a partnership with the cloud division of Alibaba Group under which Alibaba customers will get access to an authorized MongoDB database-as-a-service solution. MongoDB CEO Dev Ittycheria was pleased with the opportunity for his company to expand in China, which has already been a lucrative market for the database services provider. With new features available through the collaboration, MongoDB expects customers of all sizes to benefit, and investors hope that they’ll see accelerating growth as a result to help the stock rebound from its recent slump.
- Crocs once left for dead stood out on earnings season. They sell well for the school kids group pala
- Shares of footwear company Crocs (NASDAQ:CROX) jumped on Wednesday, rising as much as 15.3%. But as of 12:33 p.m. EDT, the stock was up 13.1%.
- The stock’s gain follows the company’s third-quarter update, which included better-than-expected top- and bottom-line results and an improved outlook from management for the company’s full-year performance
- Crocs reported a 19.8% year-over-year increase in revenue to $312.8 million. On average, analysts expected the retailer to report revenue of $302.1 million. The company’s non-GAAP (adjusted) earnings per share were $0.57, up from $0.19 in the year-ago quarter and ahead of analysts’ average forecast for $0.40.
- “Our Americas business delivered exceptional growth, driven in part by another highly successful back to school season,” said Crocs CEO Andrew Rees in the company’s third-quarter earnings release.
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More News:
- https://www.pcgamer.com/apex-legends-hits-70-million-players-electronic-arts-is-doubling-down-on-live-games/
- https://youtu.be/W3AwwyTNDho
- hi to all the fans of Slack out there:D you’d love to hear about how Electronic Arts utilizes Slack (teeth) at least we have 600,000 believer organizations and theres 12 million strong of us. lets hope we reach 20 million users and 40 million users :)
