234.60 -0.72 (-0.31%)
Pre-Market: 4:25AM EDT
|Bid||0.00 x 900|
|Ask||234.61 x 800|
|Day's Range||234.88 - 237.64|
|52 Week Range||142.00 - 238.13|
|Beta (3Y Monthly)||1.10|
|PE Ratio (TTM)||19.98|
|Forward Dividend & Yield||3.08 (1.31%)|
|1y Target Est||N/A|
(Bloomberg) -- Google’s latest smartphone demonstrates how artificial intelligence and software can enhance a camera’s capabilities, one of the most important selling points of any mobile device.The Pixel 4, the latest entrant in a phone line defined by its cameras, touts an upgraded ability to zoom in when shooting photos as its biggest upgrade. But the Alphabet Inc. company isn’t going about it the way that Samsung Electronics Co., Huawei Technologies Co. or Apple Inc. have done -- instead of adding multiple cameras with complicated optics, Google has opted for a single extra lens that relies on AI and processing to fill in the quality gap.In place of the usual spec barrage, Google prefers to talk about a “software-defined camera,” Isaac Reynolds, product manager on the company’s Pixel team, said in an interview. The device should be judged by the end-product, he argued, which Google claims is a 3x digital zoom that matches the quality of optical zoom from multi-lens arrays. The Pixel 4 has two lenses with a magnification factor between them that’s less than 2x, and the tech that extends that useful range is almost entirely software.The success of the Pixel’s camera is instrumental to Google’s broader ambitions: it drives Google Photos adoption, provides more fodder for Google’s image libraries, and helps create better experiences with augmented-reality applications -- such as this year’s new on-screen walking directions in Google Maps.Google’s IPhone Retort: More Cameras and AI in New Pixel PhonesSuper Res Zoom, a feature Google launched last year, uses the slight hand movements of a photographer when capturing a shot -- usually a hurdle to creating crisp images -- as an advantage in crafting an image that’s sharper than it otherwise would be. The camera shoots a burst of quick takes, each one from a slightly different position because of the camera shake, then combines them into a single image. It’s an algorithmic trick that lets Google collect more information from imaging hardware, and potentially also a moat against any rivals trying to copy Google -- because others can’t just buy the same imaging sensors and replicate the results.To augment its reliance on AI and machine-learning tasks, Google has designed and added its own Pixel Neural Core chip for the Pixel 4 lineup. It accelerates the machine-learning speed of the device and, again, is intended to differentiate Google’s offering from other Android smartphones on the market with a Qualcomm Snapdragon processor at its core.The other major tool in Google’s AI kit is called RAISR, or Rapid and Accurate Image Super Resolution, which trains AI on vast libraries of images so it can more effectively enhance the resolution of images. The system is taught to recognize particular patterns, edges and visual features, so that when it detects them in lower-quality shots, it knows how to improve them. That’s key to creating zoom with “a lot smoother quality degradation,” as Reynolds put it. With more than a billion Google Photos users, the U.S. company has a massive supply of images to train its software on.Among the other features that Google offers with the Pixel 4 is the ability to identify the faces of people that a user photographs most often and ensure that they’re prioritized when capturing new snapshots -- making sure the camera focuses on them and that their eyes aren’t closed, for instance. That use of software technology has defined Google’s devices to date and is also evident in the way Facebook Inc., Amazon.com Inc. and Apple aim to employ their own AI systems.To contact the reporter on this story: Vlad Savov in Tokyo at email@example.comTo contact the editors responsible for this story: Edwin Chan at firstname.lastname@example.org, Peter ElstromFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
Chinese users may want to be careful about searching the web through Apple’s Safari browser. The partnership, which began with iOS 11 in 2017, has raised eyebrows among privacy advocates who worry about Tencent’s close ties to the Chinese government (paywall). It’s possible that Tencent could flag or censor websites at the behest of the Chinese Communist Party.
The leaders of the House of Representatives Judiciary Committee said late on Tuesday that they had begun receiving data from Facebook, Alphabet's Google, Amazon and Apple as part of their probe into the companies' potential breaches of antitrust law. "We have received initial submissions from Alphabet, Amazon, Apple and Facebook as part of our investigation. While we do not yet have all of the information we requested, we expect that all four companies will provide the information in short order," the committee's leaders said in a joint statement.
Google stock advanced on Tuesday amid the unveiling of the Pixel 4 smartphone, which takes on the new Apple iPhone 11 and Samsung devices. Meanwhile, Apple stock slipped on the news.
There's something to be said about following the "smart money's" lead into adventurous, high-potential growth plays. But billionaires also see plenty of potential in stable blue chips like the Dow Jones Industrial Average's components. Indeed, Dow stocks make up considerable portions of some high-profile managers' portfolios.Billionaire investors often are viewed as more sophisticated, better informed and more likely to enter what would be considered more esoteric trades than the average investor. In some cases, those assumptions are true.But there's something to be said about safety, as well as the ability of some well-known large-cap stocks to deliver surprisingly outsize returns. Big-time money managers know that - and have put their money where their brains are.Investors of every ilk would be wise to take the hint and consider following that lead.Here are seven Dow stocks that make up a large chunk of at least one billionaire investor's holdings. We'll examine how much they hold, as well as which qualities each billionaire investor likely appreciates most about their pick. SEE ALSO: All 30 Dow Stocks Ranked: The Analysts Weigh In
(Bloomberg) -- Elizabeth Warren pledged Tuesday to forgo any high-dollar fundraising events if she becomes the Democratic nominee, a move that would make her the first general-election candidate to do so and could be a high-stakes gamble against a cash-rich incumbent and a well-funded GOP apparatus.But Warren would still accept high-dollar contributions from most people who choose to write her a check without getting special access or seeing her in person. She also vowed to refuse to accept “any contributions over $200 from executives at big tech companies, big banks, private equity firms, or hedge funds.”Warren’s pledge also wouldn’t stop the party or super-PACs from raising vast amounts of money on her behalf. But it may stop wealthy donors from cutting big checks if they believe it won’t help them get access to the nominee.“When I’m the Democratic nominee for president, I’m not going to change a thing in how I run my campaign: No PACs. No federal lobbyists. No special access or call time with rich donors or big dollar fundraisers to underwrite my campaign,” Warren said in a statement released by her campaign.Still, some Democrats fear it would put the party at a huge fundraising disadvantage against President Donald Trump, who’s raking in vast sums of money from big donors by his own campaign and by super-PACs that support him.Rufus Gifford, the finance director for former President Barack Obama’s 2012 campaign, has said Warren’s earlier suggestions to avoid high-dollar events was “a colossally stupid decision” that would cost Democrats not only in the presidential contest but also in down-ballot races.But it also reflects her populist pitch to be a different kind of candidate who isn’t corrupted by special interest money, and so far she has proven adept at generating small-dollar contributions that are envied by her party rivals.A Warren campaign aide said the decision to accept no more than $200 from executives and big tech or financial firms was “retroactive” and any contributions above $200 from those people would be returned.The aide also said that big tech companies under this guideline will include Alphabet Inc., which is Google’s parent company; Amazon.com Inc., Apple Inc., Facebook Inc., Microsoft Corp., Lyft Inc. and Uber Technologies Inc.Nominees traditionally complain about the amount of time needed to raise money in a campaign and call for changes in financing presidential races, but then say they can’t “unilaterally disarm” against a well-funded opponent.Warren’s bet is that her pitch will propel her campaign in the Democratic contest -- where she’s tied with Joe Biden for the top spot -- and mobilize many of the estimated 100 million eligible voters who didn’t turn out in the 2016 election. Biden spends a significant amount of time raising money from traditional donor bases.It’s unclear how Warren’s pledge would apply to the Democratic National Committee, which can accept contributions from individuals of as much as $355,000 for various accounts, including $35,500 per donor that can be used to influence the election.And it wouldn’t apply to outside groups like super-PACs, which under federal law cannot coordinate their activities with campaigns. In 2016, Priorities USA had more than 30 individual donors who contributed more than $1 million.Obama barred contributions from registered lobbyists and corporate PACs. The DNC was outraised by its Republican counterpart in 2012 by almost $100 million, yet Obama, a popular incumbent, won overwhelmingly against rival Mitt Romney in the election. The party lifted the bans in 2016, and the DNC raised $354 million compared to $343 million for the Republican National Committee.Warren often highlights her approach to fundraising on the campaign trail, reassuring prospective voters that her campaign is fueled by them, not big dollar donors.“I don’t spend my time at fundraisers for bazilionaires and corporate executives,” Warren said during a town hall in Austin, Texas, last month. “I just don’t do it.”When asked whether her grassroots fundraising model could leave her without enough money to go against Trump in the general election, Warren was adamant that a flurry of contributions between $5 and $25 would be enough. Trump and the RNC raised $125 million in the first quarter, more than all of the major Democrats combined.“If you think it’s going to be all about scooping up a bunch of money from rich people, and then buying a bunch of TV ads, and that’s how it is someone’s gonna win, then, yeah, it looks like Trump’s doing a lot here,” Warren said recently in San Diego. “I just don’t think that’s how democracy works anymore. And I sure don’t think that’s how it’s going to work in 2020. I think it’s going to be about getting out and building a grassroots movement.”In his battle against Hillary Clinton in 2016, Bernie Sanders relied primarily on small-dollar donors to raise $235.4 million through the end of May 2016, nearly matching the $238.2 million she raised over the same period.But Clinton also had joint fundraising committees that raised millions for the Democratic National Committee and state parties.Trump is using the same arrangements to build a huge financial advantage over his rivals. His campaign and the RNC, plus a pair of joint fundraising committees that raise money for each, have taken more than $300 million through this year, according to Federal Election Commission reports and totals announced by Trump’s re-election effort.Warren has raised $60.2 million in the same period, including about $10 million she transferred from her Senate campaign.(Updates with Warren aide saying big tech donation policy was retroactive in eighth, ninth paragraphs.)To contact the reporters on this story: Sahil Kapur in Washington at email@example.com;Bill Allison in Washington at firstname.lastname@example.org;Misyrlena Egkolfopoulou in Washington at email@example.comTo contact the editors responsible for this story: Wendy Benjaminson at firstname.lastname@example.org, Max BerleyFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
TECHTRADERDAILY BLOG One of Wall Street’s favorite parlor games is giving Apple advice on what companies to buy. Everyone has a suggestion, and they rarely if ever play out, but the exercise is irresistible.
The stock market is near highs after rising for a decade. The best tool to answer the question is to look at segmented money flows. Please click here for a chart showing segmented money flows in 11 popular tech stocks.
Breaking down some of Tuesday's major Q3 earnings results from giants such as JPMorgan Chase and UnitedHealth. A look at what to expect from Netflix's third quarter financials Wednesday. And why Lululemon is a Zacks Rank 1 (Strong Buy) stock...
Apple Inc.'s (AAPL) stock plunged 18% off its highs this spring as slowing iPhone sales prompted many on Wall Street to say the company's growth days are over. Since then, Apple's shares have staged a remarkable rebound, rising 50% year to date as sales of the iPhone 11 beat expectations and amid raised forecasts for both its new entertainment streaming service and its share price. Apple's gain has created a striking divergence from its fellow FAANG stock members, all of which once were regarded as growth stocks.
(Bloomberg) -- Apple Inc. on Tuesday announced the Beats Solo Pro, its first update to its mid-tier over-ear headphones in three years, adding noise-cancellation to a product it inherited through the acquisition of Beats Electronics back in 2014.The new headphones add an aluminum frame for increased sturdiness, improved resistance to water, a new chip for quicker pairing to Apple devices, and more surface area around the speaker areas.The most notable new addition is active noise cancellation, a feature that Apple is also working to add to future AirPods, Bloomberg News has reported. The feature on the new Beats can be activated with a switch. There are also still controls for volume and switching between songs on the right ear cup. Once designed for long-haul air travelers, this technology is becoming mainstream now.One thing that will make the Solo Pro less appealing to frequent flyers, however, is the absence of an analog connector. Users will have to connect wirelessly over Bluetooth or purchase an accessory, as there’s no option to connect these with a classic 3.5mm plug.Sport is the second most popular use case for the Beats Solo, so Apple made the latest iteration resistant to sweat and splashes with new gaskets and coverings. The headphones still collapse down as before, however now their opening and closing serves as the on-off switch as well. There’s one button to switch between active noise canceling, no noise canceling, and the transparency mode that lets you hear your surroundings.The Beats headphones have grown popular due to celebrity endorsements, but sound performance has long been regarded as inferior to some rivals. The headphones are known for their high profit margins, which fits into Apple’s business model. Despite buying Beats, Apple has regularly updated its AirPods with new hardware and software features and has planned its own over-ear headphones.Away from a charger, the Solo Pro will last 22 hours with noise cancellation turned on, or 40 hours without it.The Beats Solo Pro go on sale Oct. 30 for $299, and the Beats Solo 3 will remain in Apple’s lineup for now at a reduced price of $199. They will come in black, gray, white, and limited edition navy, turquoise and orange.To contact the reporter on this story: Vlad Savov in Tokyo at email@example.comTo contact the editors responsible for this story: Edwin Chan at firstname.lastname@example.org, Colum MurphyFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
AMC Theatres, the biggest cinema chain in the world, said Tuesday it is launching a streaming service that will allow members of its loyalty program to rent or buy films and watch them at home, the first such offering from a cinema operator.
Microsoft’s 40% rally this year has been driven in no small measure by investor enthusiasm for the company’s Azure cloud business, which skewed to larger enterprises than its rivals and should be the least vulnerable to any macro-related slowdown, an analyst says.
Netflix's (NFLX) success rests on subscription growth. However, debt from original content production may show on the company's Q3 bottom line.
Google unveiled its new Pixel 4 smartphone in New York on Tuesday. Google also revealed its new Pixel Buds, meant to compete with Apple’s AirPods and the Pixelbook Go. Yahoo Finance’s Myles Udland, Dan Howley, Dan Roberts and Brian Sozzi discuss on The Final Round.
Google is doubling down on its push into hardware by unveiling a new range of products in New York City earlier. Bob O'Donnell, President of TECHnalysis Research joins Yahoo Finance's Alexis Christoforous to discuss.
Oct.15 -- Enjoy Chief Executive Officer Ron Johnson, former J.C. Penney Co. chief executive officer and former Apple Inc. vice president of retail operations, discusses Enjoy's business model and the state of the Apple store and the shifting landscape for retail with Bloomberg's Taylor Riggs on "Bloomberg Technology."