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$PX reported a rise in 2Q16 earnings driven by lower costs and expenses. Net income rose to $399MM or $1.39 per share from $308MM or $1.06 per share last year. Sales slid to $2.67Bil from $2.74Bil, primarily due to impact of negative currency translation and lower cost pass-through.
$VZ down more than 2% after a disappointing third quarter. A lot of uncertainty on the Yahoo deal too.
Wanna know what $TSLA announced yesterday? Watch the video!! Tesla Self-Driving Car Level 5 Autonomy. This is crazy!!