Want to join the conversation?
$GS' revenue in Investing and Lending for 2Q16 dropped by 38% to $1.11Bil from last year. The decrease was primarily due to a significant drop in net gains from investments in both private and public equities. Revenue in debt securities and loans were lower as decline in gains from investments more than offset higher net interest income.
$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.