Check the background of this firm on FINRA's BrokerCheck.

Leigh Baldwin & Co.

112 Albany Street, Cazenovia, NY 13035 | Phone: (315) 655-2964 Toll Free: 1-800-659-8044

Check the background of this firm on FINRA's BrokerCheck.

Diamonds and Dogs

3/2/18

Ambarella (AMBA) moving past GoPro.  The video-processing chip company jumped 13% following better than expected earnings. The company beat by 8 cents as revenues fell 19.3% year over year to $70.6 million. Ambarella also issued downside guidance for Q1, but investors seem to be relieved it wasn't worse. Ambarella is looking to move forward expanding sales in computer vision applications and the automotive market. Take that GoPro.

The $1, $2, $3 menu not adding up for McDonalds (MCD). McDonalds is down 4.6% today, its worst dollar decline in its history and its worst weekly drop since 2008 thanks to a downgrade from RBC. RBC Capital Markets cut its price target for the company to $170 from $190 and lowered its U.S. same-store expectations after a slow start to the $1 $2 $3 menu.

Diamonds and Dogs market commentary is a journal of daily observations on anything that happens to be of interest to our author. Obviously, our primary focus is the stock market and world economic events, but for this page we have no defined topics. We want this page to be dedicated to the interests, concerns, and possibly to the financial gain of our clients and friends. All comments contained herein are for informational purposes only, and should not be considered as a solicitation to buy or sell any security. The firm does not guarantee the accuracy or completeness of the information or make any warranties regarding results from it's usage.