Tuesday, August 13, 2019

JD.com reports Q2 revenue of ~$22B, up 23% YoY, and net income of ~$90.1M, beating analyst expectations of a $6.3M net loss on $20.9B revenue (Daniel Strauss/Business Insider)

Daniel Strauss / Business Insider:
JD.com reports Q2 revenue of ~$22B, up 23% YoY, and net income of ~$90.1M, beating analyst expectations of a $6.3M net loss on $20.9B revenue  —  - Shares of JD.com rose as much as 8% in early trading on Tuesday after the company posted a surprising profit.  Analysts had projected a quarterly loss.



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IBM stock fell 25%+ on Tuesday, sinking further than its previous worst day of October 19, 1987, after reporting preliminary Q2 results below estimates (CNBC)

CNBC : IBM stock fell 25%+ on Tuesday, sinking further than its previous worst day of October 19, 1987, after reporting preliminary Q2 re...