178.85 -0.12 (-0.07%)
After hours: 6:57PM EDT
|Bid||178.65 x 1800|
|Ask||178.75 x 900|
|Day's Range||178.62 - 182.13|
|52 Week Range||142.00 - 233.47|
|Beta (3Y Monthly)||0.89|
|PE Ratio (TTM)||15.06|
|Earnings Date||Jul 29, 2019 - Aug 2, 2019|
|Forward Dividend & Yield||2.92 (1.46%)|
|1y Target Est||216.17|
Apple has snapped up a company called Tueo Health, which was working on an appto help parents monitor asthma symptoms of their sleeping kids, according toCNBC
NEW YORK, NY / ACESSWIRE / May 24, 2019 / The Klein Law Firm announces that class action complaints have been filed on behalf of shareholders of the following companies. If you suffered a loss you have ...
Three iTunes customers from Rhode Island and Michigan sued Friday in federal court in San Francisco seeking to represent hundreds of thousands of residents of their home states who allegedly had their personal listening information disclosed without their consent. The disclosure of iTunes customers’ personal data isn’t only unlawful but can also be dangerous because it allows for targeting vulnerable members of society, according to the complaint. "For example, any person or entity could rent a list with the names and addresses of all unmarried, college-educated women over the age of 70 with a household income of over $80,000 who purchased country music from Apple via its iTunes Store mobile application," the customers said.
Demand for Class A space is the primary driver of the region's office market, with rents around Lake Union exceeding $60 per square foot.
Chinese consumers sympathetic to the plight of their country's Huawei Technologies are turning on U.S.-based Apple, according to media reports. That news is weighing on Apple stock.
Apple buys Tueo Health, which was working on a solution to help parents monitor asthma symptoms in children using a mobile app and commercial breathing sensors. Apple has been adding new health-care features to its products in recent years, especially in the Apple Watch. The company is also expected to revamp its Health app for iPhones at its annual developers conference on June 3.
NEW YORK, May 24, 2019 -- Labaton Sucharow LLP (“Labaton Sucharow”) announces that on May 24, 2019, it filed a securities class action lawsuit, captioned Steamfitters Local 449.
The acronym FANG refers to four high-growth internet stocks. (Sometimes they're called FAANG stocks.) Here's what investors should know about FANG stocks and why they might be worth a look.
On May 16, the U.S. Department of Commerce put China's Huawei on the "Entity List" as a national security threat. This move escalates a government campaign against the Chinese technology company beyond banning its products from sale in America. It means U.S. tech stocks are prohibited from selling sensitive tech to Huawei. Several days later, Huawei was given a 90-day temporary reprieve, but the damage is already being felt throughout the tech sector.U.S. technology companies from chip makers to software providers are seeing their stock impacted by the Huawei ban. Some are being hit despite not being directly involved with Huawei -- the move has further ramped up a trade war between China and the U.S. and that brings the threat of boycotts and retaliatory tariffs. * Top 7 Service Sector Stocks That Will Pay You to Own Them From Apple (NASDAQ:AAPL) to Tesla (NASDAQ:TSLA), here are 10 tech stocks that are feeling the effects of the U.S. ban on Huawei.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Tech Stocks Walloped by the Huawei Ban: Intel (INTC)Source: Intel Intel (NASDAQ:INTC) sells processors to Huwaei for use in its laptops. Since the Huawei ban was announced on May 16, Intel stock has dropped. The company doesn't depend heavily on Huawei -- Bloomberg estimates that business is less than 1% of Intel's total revenue -- but losing it doesn't help.Especially when it comes just weeks after Intel lost Apple's iPhone business to Qualcomm (NASDAQ:QCOM) and ended up abandoning its 5G mobile modem efforts altogether. Micron (MU)Source: Micron Micron Technology (NASDAQ:MU) is a U.S.-based semiconductor company. And it happens to supply the flash storage chips used in Huawei's popular smartphones, including the new P30 Pro. * 7 Marijuana Stocks to Play the CBD Trend When the sales ban was announced, Micron's business with Huawei was effectively cut off. Even with the relief of the temporary 90-day reprieve, Micron stock has taken a hit, down 8% from Friday morning. Google (GOOGL)Source: Google Alphabet's (NASDAQ:GOOG, NASDAQ:GOOGL) Google division is in the thick of the Huawei mess.Google doesn't stand to lose much revenue in terms of hardware -- its Pixel smartphones and Google Nest Home smart speakers don't really have a presence in the China -- but software and advertising revenue are another matter. When the Huawei ban was announced, Google pulled Huawei's Android license. New Huawei smartphones won't get stock Android and they won't have access to Google services. The prospect of the second largest smartphone maker in the world being severed from Google (cutting into Android licensing fees, Google Search ad revenue and Google Play revenue) has resulted in GOOGL stock sliding since last Friday. Tesla (TSLA)Source: Tesla TSLA has been on a dramatic downward trajectory all week, for many reasons that have nothing to do with Huawei. But Telsa stock is also feeling the indirect impact of the U.S. government's move. * 5 Cheap Stocks to Buy That Are $6 or Less As the trade war heats up between China and the U.S., the prospect of new tariffs on goods imported into China and the potential for Chinese consumers to boycott American-made goods -- including Tesla's electric cars -- have led to some analysts to predict TSLA could miss its 2019 sales targets by as much as 10%. Lumentum (LITE)Source: Lumentum American telecommunication company Lumentum (NASDAQ:LITE) primarily makes optical components used in commercial lasers and networking equipment.Huawei is also big in networking equipment (it was security concerns over the Chinese company's push to supply 5G networking infrastructure that kicked off this current crisis), and it buys Lumentum components. As a result, Lumentum stock's drop neared double digits on the day the Huawei ban was announced. Qorvo (QRVO)Source: Qorvo Qorvo (NASDAQ:QRVO) is another U.S. semiconductor company, with a heavy involvement in wireless and broadband networking, including 5G.Half of the company's revenue comes from Chinese customers and in updated financial guidance released on May 21, Qorvo says 15% of its 2018 revenue came from Huawei. * 5 Large-Cap Stocks Getting Crushed in the Trade War With that Huawei revenue in jeopardy and the Chinese market in general being increasingly affected by the trade war, Qorvo stock has dropped over 9%. Corning (GLW)Source: Corning Corning (NYSE:GLW) isn't always thought of as a technology company. But the American glass maker's products are used in a slew of high tech applications.One of those speciality products is the Gorilla Glass used to protect the displays of smartphones. And Huwaei is a Corning customer. With the business of the world's second largest producer of smartphones in jeopardy, Corning stock has taken a tumble this week. Broadcom (AVGO)Source: Broadcom Broadcom (NASDAQ:AVGO) is another example of the tech stocks that have been negatively affected by the escalating trade war with China. * The 7 Best Penny Stocks to Buy When Huawei was added to the Entity List, Broadcom announced it would stop selling components to the Chinese company. As a result, AVGO is down over 9% since the Huawei ban was first announced. Advanced Micro Devices (AMD)Source: AMD Ordinarily, any time that a PC maker parted ways with Intel would be a big opportunity for Advanced Micro Devices (NASDAQ:AMD) and its increasingly popular Ryzen processors.That's not the case with the Huawei situation … AMD reportedly stands to lose 2% of its revenue by cutting off its business with Huawei. And the company could also suffer if increased tariffs hit its CPU and GPU business with other Chinese PC makers. AMD stock has taken a hit of as much as 7% since the Huawei ban was announced. Apple (AAPL)Source: Apple AAPL stock finds itself in a strange position with the Huawei ban. Any measures that hurt Huawei's ability to sell smartphones should benefit Apple Inc, opening an opportunity to sell more iPhones.However, Apple is very vulnerable to the overall trade war with China that Huwaei is a part of. Most of the company's iPhones are assembled in China. And although iPhone sales have been slowing in China, the Chinese market, is still an important revenue stream for Apple. If China were to retaliate and ban Apple products from being sold there, a Goldman Sachs analyst estimated Apple's profits could take a 30% hit. * The 7 Best Penny Stocks to Buy So Apple joins the long list of tech stocks that are being impacted by the Huwaei sales ban, with AAPL down roughly 8% since Friday.As of this writing, Brad Moon did not hold a position in any of the aforementioned securities. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 5 Safe Stocks to Buy This Summer * The 5 Best Telecom Stocks to Buy Now * 6 Innovative Stocks With Big Long-Term Growth Potential Compare Brokers The post 10 Tech Stocks Walloped by the Huawei Ban appeared first on InvestorPlace.
Leading the Apple (NASDAQ:AAPL) rumor mill today is news about Touch ID coming back. Today, we'll look at that and other Apple Rumors for Friday.Touch ID: Apple may be getting ready for the return of Touch ID next year, reports MacRumors. A recent rumor claims that the tech company will be bringing back Touch ID with its 2020 iPhone. The rumor says that this version of Touch ID will work on any part of the device's display. This rumor also says that the 2020 iPhone will be the first from AAPL to support 5G. There's also talk among suppliers that a new iPhone SE based on the iPhone 8 is in the works.2019 MacBook Pro: Anyone having trouble with MacBook Pro keyboards likely won't have an advantage by upgrading, AppleInsider notes. A teardown of the new 2019 MacBook Pro shows that there are some changes to the keyboard design. However, this is mostly just to do with different materials. This means that users may still see the keyboards stop functioning properly due to dust getting in them.InvestorPlace - Stock Market News, Stock Advice & Trading TipsiOS 12.3.1: A new update is available for user of Apple's mobile devices, reports 9to5Mac. Owners of iOS devices can now download iOS 12.3.1. This is a minor update to the mobile operating system that fixes a couple of known issues. Among these are problems that some users were having with VoLTE calls and Messages.Check out more recent Apple Rumors or Subscribe to Apple Rumors : RSS As of this writing, William White did not hold a position in any of the aforementioned securities. Compare Brokers The post Friday Apple Rumors: Touch ID May Return in 2020 iPhone appeared first on InvestorPlace.
Wedbush analyst Daniel Ives sees the current skepticism on Apple’s near-term prospects as a buying opportunity. He rates Apple at Outperform with a $225 price target.
Apple's 2020 iPhones will offer larger changes, including 5G, than this year's new iPhones, Barclays semiconductor analysts said.
Apple's new iPhones will offer relatively few design changes from last year's iPhone, according to semiconductor analysts at Barclays. Barclays said the new phones with have a third camera lens on the back, backing up previous reports about the next iPhone. In a note to investors Friday, Barclays semiconductor analysts said that Apple AAPL 's 2019 iPhones will again offer "relatively few design changes" and that the company's bigger update for the iPhone is planned for 2020.
faces a bigger risk in China than the direct impact of any tariffs, according to WedBush Securities analyst Dan Ives. Nationalistic sentiment in China -- and specifically anti-American sentiment -- could pressure its significant sales in the region. "We believe the more concerning issue is around any hit in demand if Apple feels the noise in China and any pro Huawei sentiment/Chinese nationalism negatively impacting sales in the near term which we believe is a contained situation (3%-5% of Chinese iPhones) for Cupertino the way things stand today," Ives said in a note.
NEW YORK, NY / ACCESSWIRE / May 24, 2019 / Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders interested ...
In 2015, a year after Satya Nadella became its CEO and committed his company to the cloud, I put some Microsoft (NASDAQ:MSFT) shares in my retirement account and forgot about them. My patience has been rewarded. A $53 investment in MSFT stock is worth almost $127 now, and reinvesting dividends has brought me more shares, which have also risen in value.Source: Shutterstock With a market cap of $972 billion, Microsoft is now the world's most valuable company, and despite his earnest philanthropy, co-founder Bill Gates is worth over $100 billion.The question is how long can the company keep growing without getting into the same monopoly penalty box that kept it from reaching its 1999 highs until 2016?InvestorPlace - Stock Market News, Stock Advice & Trading TipsThat's Nadella's challenge now. Spreading Bets Through CloudThe key is to continue spreading the company's bets, using the Azure cloud, growing as humbly as it can. * 10 Names That Are Screaming Stocks to Buy The humility is evident in the company's numbers. Growth returned just two years ago, and net income was lower in fiscal 2018 than in 2017. But Nadella was using the time to build infrastructure and relationships. The big benefits have begun appearing in the last six months. At its present pace, Microsoft will bring in well over $120 billion of revenue and over $30 billion of net income during fiscal 2019, adding to a cash pile that had reached $131 billion at the end of March. Microsoft has already piled up over $21 billion in operating cash flow through the first half of the fiscal year. Forget it becoming IBM (NYSE:IBM), Microsoft is now Apple (NASDAQ:AAPL).The key lies in partnering with other companies and not trying to consume them. Microsoft has over 200 cloud partners, most of which you have never heard of, for whom its tools are essential. Microsoft has deep relationships with companies like Adobe (NASDAQ:ADBE) and SAP (NYSE:SAP). But it has avoided a big acquisition that might lead rivals to compare it with Oracle (NASDAQ:ORCL), which bought many of its database channel partners in the 2000s, then demanded monopoly rents.The best evidence for how well this works is a recent announcement with Sony (NYSE:SNE) on gaming and streaming. The two firms' consoles have battled each other for decades. But in the new field of cloud gaming, they position themselves as underdogs against Amazon (NASDAQ:AMZN) and Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL), which are already in the field. Good to Not Be KingThe strength of other cloud czars is Microsoft's secret weapon in any battle with regulators.Windows is no longer a monopoly thanks to Google Chromebooks. Skype is barely mentioned in video calling -- the focus is all on Zoom Video (NASDAQ:ZM). No one worries about LinkedIn because Facebook (NASDAQ:FB) is so dominant.The acquisitions Microsoft is making are on the bleeding edge, in the Internet of Things, where it trails Chinese giants like Alibaba (NASDAQ:BABA). Microsoft was seen as a good home for Github, the open source repository, because it's seen as more neutral than other potential acquirers, like IBM, might be. The Bottom LineIn his most recent conference call, Nadella emphasized areas like security, hardware and social, where the company clearly trails market leaders.But Microsoft Azure is the most profitable cloud. Microsoft booked $9.7 billion of revenue as "intelligent cloud" during the quarter, with margins of over 20%, putting $3.4 billion of new capital to work there. Again, thank goodness for Amazon. No one is screaming about an "Azure monopoly."So long as Nadella can keep spreading his bets, Microsoft and investors like me will keep smiling all the way to the bank.Dana Blankenhorn is a financial and technology journalist. He is the author of a new environmental story, Bridget O'Flynn and the Bear, available now at the Amazon Kindle store. Write him at email@example.com or follow him on Twitter at @danablankenhorn. As of this writing he owned shares in MSFT, AMZN and AAPL. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 5 Safe Stocks to Buy This Summer * The 5 Best Telecom Stocks to Buy Now * 6 Innovative Stocks With Big Long-Term Growth Potential Compare Brokers The post The Real Reason Microsoft Stock Stands Out Among Other Big Tech Names appeared first on InvestorPlace.
NEW YORK, NY / ACCESSWIRE / May 24, 2019 / Bronstein, Gewirtz & Grossman, LLC reminds investors that a class action lawsuit has been filed against the following publicly-traded companies. You can review a copy of the Complaints by visiting the links below or you may contact Peretz Bronstein, Esq. If you suffered a loss, you can request that the Court appoint you as lead plaintiff.
On May 15, the Trump administration added Huawei to a list of companies that U.S. firms can no longer trade with unless they have a license. While the Huawei ban in the U.S. and its ripple impact have been front and center, the "poster child" for the Sino-American trade wars continues to be Apple, Ives said in a Friday note.
Lionsgate's (LGF.A) dismal fourth-quarter fiscal 2019 results can be attributed to decline in Motion Picture and Television Production revenues.
U.S. equities came under serious and growing pressure on Thursday as the U.S.-China trade spat devolved into an outright global trade war with countries Japan and South Korea getting caught in the crossfire. The Trump Administration is raising the stakes with its efforts to block Huawei from using American technology, pushing allies like South Korea to do the same.Beijing is firing back with calls to boycott American tech firms like Apple (NASDAQ:AAPL) and threats to dump its U.S. Treasury bonds holdings -- totaling more than $1 trillion. Wall Street is finally waking up to the possibility that this problem is going to get worse before it gets better. And it can get a lot worse.The Dow Jones Industrial Average has fallen back below its 200-day moving average, the U.S. dollar is dropping hard, and U.S. Treasury yields are falling fast amid a rush to safe haven assets. The yield curve is also inverting again, which is a loud and clear signal that on this trajectory, a recession looms ahead.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 6 Stocks to Buy for This Decade's Massive Megatrend As a result, a number of large-cap stocks are dropping hard and fast. Here are five stocks to sell: Amazon (AMZN) Click to EnlargeFirst up is one of the largest of the large cap stocks. Amazon (NASDAQ:AMZN) shares are threatening to fall down below the $1,800 level, breaking below their 50-day moving average after weeks of flirting with that critical support level. Next stop is the 200-day moving average which would then give way to the January-March lows near $1,600 which would be worth a loss of nearly 12% from here.The company will next report results on July 25 after the close. Analysts are looking for earnings of $5.48 per share on revenues of $62.5 billion. When the company last reported on April 25, earnings of $7.09 beat estimates by $2.43 per share on a 17% rise in revenues. Chevron (CVX) Click to EnlargeWith traders bracing for a global economic slowdown as a result of rising trade tensions, crude oil is plummeting with the U.S. Oil Fund (NYSEARCA:USO) down more than 6% in intra-day trading to return to levels not seen since early March. That's pushing down shares of oil large-cap stocks like Chevron (NYSE:CVX) hard, with shares threatening to fall below its 200-day moving average. * The 7 Best Stocks to Buy From the IPO ETF The company will next report results on July 26 before the bell. Analysts are looking for earnings of $2.03 per share on revenues of $41.7 billion. When the company last reported on April 26, earnings of $1.39 beat estimates by six cents despite a 6.8% loss of revenues. Bank of America (BAC) Click to EnlargeLower long-term interest rates means narrower net interest margins for banks like Bank of America (NYSE:BAC). So it's not surprising shares are dropping fast, falling below the 200-day moving it's tried desperately to stay above since January. If support from the March lows doesn't hold, watch for a possible drop all the way back to the December lows, which would be worth a loss of nearly 20% from here.The large cap stock will next report results on July 17 before the bell. Analysts are looking for earnings of 72 cents per share on revenues of $23.4 billion. When the company last reported on April 16, earnings of 70 cents per share beat estimates by four cents on a 0.4% drop in revenues. NVIDIA (NVDA) Click to EnlargeShares of semiconductor large-cap stock NVIDIA (NASDAQ:NVDA) are melting lower, breaking down further away from its 50-day and 200-day moving averages as all the catalysts that bolstered shares for so long -- cryptocurrency mining, gaming consoles, etc. -- are working against it now. Watch for a quick trip down to the prior lows set in late December, which would be worth a loss of roughly 14% from here. * 6 Innovative Stocks With Big Long-Term Growth Potential The company will next report results on August 15. Analysts are looking for earnings of $1.14 per share on revenues of $2.6 billion. When the company last reported on May 16, earnings of 88 cents per share beat estimates by seven cents on a 30.8% decline in revenues. Apple (AAPL) Click to EnlargeNo list of large-cap stocks would be complete without a look at Apple, which is at the very epicenter of the U.S.-China trade spat. The next round of trade tariffs being proposed by President Trump will hit the company's products directly, weighing on profit margins. The company has been able to avoid the brunt of the damage to date because of its importance to overall S&P 500 earnings growth and thus market sentiment, something Trump is acutely aware of.But that's changing now. The company will next report results on July 30 after the close. Analysts are looking for earnings of $2.11 per share on revenues of $53.6 billion. When the company last reported on April 30, earnings of $2.46 beat estimates by 10 cents on a 5.1% drop in revenues.As of this writing the author held no positions in the aforementioned securities. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 6 Stocks to Buy for This Decade's Massive Megatrend * The 7 Best Stocks to Buy From the IPO ETF * 7 Athletic Apparel Stocks With Marathon Pace Compare Brokers The post 5 Large-Cap Stocks Getting Crushed in the Trade War appeared first on InvestorPlace.
Microsoft (MSFT) enters into agreement with Eneco to buy 90 MW of wind energy generated by the Netherlands-based Borssele III/IV project.