|Bid||187.46 x 1000|
|Ask||187.46 x 800|
|Day's Range||187.25 - 188.88|
|52 Week Range||142.20 - 190.37|
|PE Ratio (TTM)||18.14|
|Forward Dividend & Yield||2.92 (1.56%)|
|1y Target Est||N/A|
The stock buyback boom continued apace in the first-quarter earnings season that is now drawing to a close, with U.S. companies announcing $6.1 billion of buybacks a day, according to Trim Tabs Investment Research. “The buyback boom early this year confirms our view that the main use of corporate America’s tax savings will be takeovers and stock buybacks rather than capital investment or hiring,” the company said in a note.
A group calling itself Google You Owe Us told the search giant it’s representing around 4.4 million people who and will ask for damages of around $1,000 per person.
The Cupertino effort comes as nearby Mountain View also ponders a so-called "head tax" that it has said could generate $10 million in revenue annually.
U.S. stock futures are trading higher once again this morning. Wall Street continues to ride high off optimism from easing U.S./China trade tensions. What’s more, easing Treasury yields and a weakening dollar are also providing lift for stocks this morning.
With Apple Inc.’s ( AAPL) HomePod voice-activated smart speaker failing to take off, the company could be gearing up to launch a cheaper version that would be sold through its Beats brand. Citing Sina, the Chinese Website, CNET reported that the smart speaker could be priced at $200, $150 lower than the current HomePod that goes for $350. The report noted that Apple is partnering with Mediatek to make the lower end devices which will use cheaper components than the first iteration of the HomePod.
As North Carolina pushes to recruit two of the most prized economic development projects in the country, not all the focus is on economic investments and workforce needs.
Apple recently dropped the price of one of its iPhone cords from $25 to $19, eagle-eyed Apple blog 9to5Mac spotted on Monday.
Facebook CEO Mark Zuckerberg's testimony before EU Parliament to be live streamed. Yahoo Finance's Seana Smith, Andy Serwer, Dan Howley and Julia La Roche discuss.