Clients want us to deliver online experiences that are competitive with Facebook, Amazon, Netflix and Google and other top-tier tech companies because that's what consumers demand. If you want to build a project for a client that looks and feels as good as Facebook, why wouldn't you use their code?
General Electric (GE) reported earnings on April 21--and the folks at Oppenheimer are just now getting out a final note on its results, which either says something about the complexity of General Electrics earnings or the pace of the work at Oppenheimer. Let's go with the former. General Electric is known for its complex numbers, and that's apparent from reading Oppenheimer's Christopher Glynn and Patrick Schuchard report on General Electric, in which they note that "core profit visibility remains lumpy." They explain: Industrial OP showed modest upside in the seasonally light 1Q, with EPS also benefiting (vs. our model) from a bit lower than expected restructuring and tax rate, and upside to
Advanced Micro Devices (AMD) is trading sharply lower this morning, and the big question is whether longs should exit. We last covered AMD on Mar. 24, concluding that, "Longs should continue to ride the bull move higher. Raise sell stops to a close below $12.50 and the $19 area is our next price objective." AMD is just above $11 in early morning trading Tuesday, so a fresh look is warranted. In this daily chart of AMD, below, we can see the price action up through Monday's close. The price action had weakened ahead of today's slide. AMD broke below the 50-day moving average line in early April and recently rallied back and failed at the underside of the flattening 50-day line. Yes, prices are