|Bid||191.8000 x 900|
|Ask||191.8100 x 1300|
|Day's Range||191.5300 - 192.6500|
|52 Week Range||147.3000 - 194.2000|
|PE Ratio (TTM)||18.54|
|Earnings Date||Jul 31, 2018|
|Forward Dividend & Yield||2.92 (1.57%)|
|1y Target Est||201.21|
MARKET PULSE Shares of Amazon.com Inc. (amzn) rose 0.7% in morning trade, putting them on track for an eighth-straight gain, and fourth-straight record close, ahead of the kick off of Prime Day, thee-commerce giant's annual shopping event that this year will last 36 hours, and include a bricks-and-mortar component with sales at its Whole Foods stores.
The global PC market has been on the decline for the past several years as smartphones have continued to come up with many PC-like features. Gartner said global PC shipments grew 1.4% compared to the same quarter last year, reaching 62.1 million units. According to Gartner, this growth was driven by business demand, which it thinks will weaken in two years.
A close Apple relationship is usually great for Cirrus and its shareholders, but bad news from Cupertino can also cause a lot of pain for the audio-chip vendor.
Facebook is beefing up its in-house chip ambitions, snagging one of Google’s senior directors of engineering to serve as the company’s new "Head of Silicon."
The Consumer Technology Association supports the proposed ENCRYPT Act, which would forbid laws that require manufacturers to weaken encryption or leave "back doors" for law enforcement. President and CEO Gary Shapiro argues that weakening encryption weakens privacy for law-abiding consumers. Shapiro says that law enforcement already has many means at its disposal to get useful info from tech devices, and doesn't require new laws.
Keep in mind that this is the same thing that happened when Netflix reported first-quarter earnings -- the company went on to blow away Wall Street estimates and the stock went through the roof. TheStreet's tech columnist Eric Jhonsa has five things investors must know ahead of Netflix earnings. Jhonsa will be live-blogging analysis of the numbers after the close Monday, so stay tuned to TheStreet.