256.30 +0.25 (0.10%)
After hours: 7:38PM EDT
|Bid||255.76 x 800|
|Ask||256.30 x 1000|
|Day's Range||252.09 - 256.25|
|52 Week Range||143.95 - 263.83|
|PE Ratio (TTM)||59.01|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Keith Bliss of DriveWealth joins Yahoo Finance's Seana Smith from the floor of the New York Stock Exchange to discuss the latest market moves as stocks continue to churn. The materials and telecommunications sectors are leading, and the energy and consumer staples sectors are lagging.
See who joins Adobe, Alarm.com and Five Below on this stock screen based on the investing strategy of Berkshire Hathaway CEO Warren Buffett.
In a matter of just a few years, “the Cloud” has evolved from a budding new tech feature to one of the main factors driving growth in the technology sector. New technologies and changing consumer behavior have changed the shape of the technology landscape, and an industry that was once centered on the personal computer has adapted to survive in the world of mobile computing and the Cloud. The markets have been paying attention, and some of the best tech stocks have been those that are either primarily cloud-based companies, or those that have shown growth in their cloud operations.
In a matter of just a few years, "the Cloud" has evolved from a budding new tech feature to one of the main factors driving growth in the technology sector. With this in mind, we've highlighted three stocks that are not only showing strong cloud-related activity, but also strong fundamental metrics. Check out these three cloud stocks to buy right now!
Facebook's (FB) latest security feature requires page managers to verify their profiles to eliminate any fake accounts promoting unlawful activities.
Dan Loeb's Third Point LLC trimmed its stake in Facebook Inc. (fb) by a million shares to 3 million and added 1.7 million shares of Microsoft Corp. (msft) to bring its total holding to 2.25 million shares at the end of June, according to a regulatory filing Friday. It also built up its Adobe Systems Inc. (adbe) stake by 300,000 shares to 700,000 and raised its interest in Salesforce.com Inc. (crm) by 175,000 shares to 625,000 shares. The hedge fund's 13F also showed new stakes in Agilent Technologies Inc. (a) and Campbell Soup Co. (cpb) Third Point had previously disclosed its stake in Campbell Soup and called on the company to boost shareholders' value through a sale.
Acxiom (ACXM) first-quarter fiscal 2019 earnings benefit from people-based marketing initiatives across LiveRamp platform, robust bookings in AMS and new client wins.
Adobe Systems (ADBE) is working on a full version of its Photoshop app for Apple’s (AAPL) iPad, according to Bloomberg. Adobe already offers a lightweight version of Photoshop app for Apple’s iOS devices such as the iPad, but it doesn’t meet the full range of needs of media professionals.
Mercadolibre's (MELI) second-quarter results can be attributed to robust mPOS business. However, price hike in Brazil remains a headwind.
Microsoft (MSFT) is planning to charge its business customers more for the new on-premise Office 2019 software. The company is raising the price of the Office suite by 10.0% over what customers currently pay for on-premise Office software. The latest Office software price hike marks the first time in eight years that Microsoft is raising the product’s price.
Adobe Systems has hired an industry veteran to help it expand adoption within its marketing cloud businesses, which faces growing competition.
The Zacks Analyst Blog Highlights: Apple, Adobe Systems, Intel, Xilinx and Maxim Integrated Products
After Symantec (NASDAQ:SYMC) first disclosed its accounting problems in May, the stock quickly tanked and fell below $20 a share. Now with a forward P/E of 11, SYMC stock is well below fair value. Symantec forecast full-year revenue would fall below the $4.83 billion consensus estimates and in the range of $4.67-$4.79 billion.
Tech shares, which have had a tumultuous start to the month, started scaling north following strong quarterly results from Apple (NASDAQ:AAPL) among others. Given such bullishness, investing in some of the biggest and best known Silicon Valley stocks seems judicious. Needless to say, that Silicon Valley is the heart of the technology sector.
Adobe Systems (ADBE) is developing a full version of its Photoshop app for Apple’s (AAPL) iPad tablet, according to Bloomberg. Although Adobe already offers a lightweight version of the Photoshop app for Apple’s iOS devices, media professionals have been demanding more Photoshop power on the iPad to expand their options to make edits on the fly.
Investors can double down on the hottest tech stocks as they continue to scale higher on buybacks, favorable government policies and earnings strength.
Brooks Automation's (BRKS) third-quarter results benefit from robust performance across both the life sciences and the semiconductor solutions segments.
We’ll continue our discussion on other significant events of 2018 that have driven NVIDIA’s stock price. The stock lost significant value toward the end of June followed by some recovery. The stock value loss and recovery is similar to that of Intel (INTC), which we discussed earlier in this series.
Investors tend to be drawn to hot technology and biotechnology stocks for their growth prospects - not for the cash they return to shareholders. But several well-known tech and biotech stocks could afford to invest in their businesses, buy back their shares and pay dividends, if only they chose to. When it comes to returning cash to shareholders, corporate management often prefers stock buybacks to dividends because it gives them flexibility. A company can adjust its share repurchases according to business and market conditions. A dividend is a commitment. The market often exacts severe and swift revenge if a company cuts or suspends its payout. The initiation of a dividend can also be taken as a sign that a company or stock's best days are behind it. A quick look at Apple's (AAPL) performance shows that's not necessarily the case. The company reinstated its dividend in 2012 after a 17-year hiatus. Between price appreciation and payouts, Apple stock has delivered a total return of about 170% since March 2012, when it announced plans to reinstate its dividend later that year - the Standard & Poor's 500-stock index is up about 130% over the same span, including dividends. The following five stocks don't yet offer dividends, but they should ... and could. Each has the cash-generation ability to start a regular payout without giving up on share repurchases and investments in future growth. SEE ALSO: 53 Best Dividend Stocks for 2018 and Beyond