Want to join the conversation?
$MU posted 2Q16 Compute and Networking business unit revenue of $1.05Bil, down 8% from 1Q16 impacted by lower ASPs and continued softness in demand from the PC segment. The Mobile Business unit posted 2Q16 revenue of $503MM, down 40% from 1Q16 due to delayed customer qualifications and pricing pressure in the eMCP market.
$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.