245.01 -3.86 (-1.55%)
Pre-Market: 5:03AM EDT
|Bid||245.40 x 1000|
|Ask||248.87 x 800|
|Day's Range||242.78 - 249.91|
|52 Week Range||148.15 - 277.61|
|Beta (3Y Monthly)||0.81|
|PE Ratio (TTM)||51.43|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Stock futures soared Friday, with Dow stocks Apple, Boeing, Microsoft among those trying to rally. But stock market is in a correction.
It looks like a do-or-die situation for Amazon (AMZN) and eBay (EBAY) in their race to attract third-party sellers to their online marketplaces. Earlier this month, eBay accused Amazon of illegally poaching its sellers. According to eBay, a team of Amazon sales representatives has been involved in a scheme in which they send messages to eBay sellers to try to sway them to move to Amazon’s platform.
With earnings season around the corner, investors are likely to hear a lot about the far-reaching technology realms of cloud computing, artificial intelligence (AI), and the Internet of Things (IoT) as tech firms outline their results and plans. To kick off the event, Microsoft CEO Satya Nadella focused his keynote speech on the notion that intelligent technology has already begun transforming every aspect of modern business.
It's no secret that my two favorite cloud names are Adobe and Salesforce . In fact, I just added to my ADBE long yesterday. Don't love that chart, just needed to increase exposure in order to keep in balance with my CRM long (discipline!), and did so at an extreme discount.
Viasat's (VSAT) Multi-Mission Terminal facilitates delivery of high-quality IP-based voice, video and data networking across several networks.
If asked about the stock market by someone who does something else for a living, I would probably say that equity markets are still in an uptrend. The Nasdaq Composite, tech laden as it is, has run into resistance at a lower level on every rally going back to last Wednesday.
The S&P 500 rebounded from its 50-day line, but S&P 500 components Nvidia, Visa, Mastercard, Salesforce and Adobe fell below that line. Microsoft tested support.
Adobe (ADBE)'s focus on innovation has the potential to increase its competitive advantage. The company's acquisition of Magento provides it with scope to deliver an enhanced commerce solution that could increase its total addressable market. A focus on artificial intelligence may also enhance its products and services, thereby creating greater scope for cross-selling opportunities.
Adobe Systems (ADBE) seems well-positioned for future earnings growth and it is seeing rising earnings estimates as well, coupled with a solid Zacks Rank.
Suvretta Capital Management is a young New York-based hedge fund founded by its current portfolio manager, Aaron Cowen, in 2012. Prior to founding Suvretta, Mr. Cowen honed his investment acumen working at two acclaimed large hedge funds: as a portfolio manager at Soros Fund Management, and as a CIO at SAC Capital. Prior to those positions, […]
SQ has risen 57% in the past three months, 180% so far this year and 224% over the past 12 months. Not long ago, Square’s market capitalization was less than $10 billion. Now its market cap is roughly $37 billion.
The Zacks Analyst Blog Highlights: Adobe, United Technologies, Lockheed Martin, CVS Health and Coca-Cola
FANG got wrecked this week. At least one of those names could have hit a bottom, according to Matt Maley, equity strategist at Miller Tabak.
Shares of Amazon (NASDAQ:AMZN) have been on fire throughout 2018, rising an impressive 67% so far on the year. Had all those bears sold AMZN stock short five or ten years ago and stayed short they’d all be bankrupt by now as it was overvalued then too. Clearly Amazon and its investors operate under a different set of rules.
Adobe (ADBE) bolsters footprints in the global document management system market with latest advancements in Document Cloud.
Design software maker Autodesk (ADSK) has entered an agreement to work jointly with Surbana Jurong to promote the adoption of advanced technology in the construction sector. Based in Singapore, Surbana Jurong is a leading Asian consultancy firm focused on infrastructure and urban development. Surbana Jurong is owned by Temasek, an investment company that has invested in many startups including Ant Financial.
The big shareholder groups in Adobe Systems Incorporated (NASDAQ:ADBE) have power over the company. Large companies usually have institutions as shareholders, and we usually see insiders owning shares in smaller Read More...
Microsoft (MSFT), Adobe Systems (ADBE), and SAP (SAP) have recently formed an alliance that brings them together on common data standards. The so-called Open Data Initiative aims to eliminate data silos so businesses running applications from members of the alliance can move their customer data easily across platforms. The idea is to let businesses combine data from different platforms to have a complete view of customer interaction. The alliance members are inspired by the hope that eliminating data silos will give businesses more control of their data.