Want to join the conversation?
Heather Bellini from Goldman Sachs asks about how the growth in operating income translates into growth in operating margins. $ORCL CEO Safra Catz said the company expects the operating margins to go up also as this continues. Cloud margins are going through the roof. Revenue is also increasing and operating income & margins improving over time.
$NFLX a monster move, going up. Expect making some money on Monday.
$AMD down more than 6% even after posting above consensus third quarter results.
$MCD stock rose more than 2% after it posted better than expected 3Q16 results, driven by global same-store sales growth. Meanwhile, earnings and revenue were lower than last year, hurt by refranchising efforts.