|Bid||1,641.85 x 1100|
|Ask||1,643.85 x 800|
|Day's Range||1,632.43 - 1,679.47|
|52 Week Range||1,160.27 - 2,050.50|
|Beta (3Y Monthly)||1.96|
|PE Ratio (TTM)||91.88|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Buyers beware of these holiday shopping scams to watch out for as you shop for the holidays.
Supermicro CEO Charles Liang said a third-party firm has evaluated and cleared the company's motherboards. The company's stock stock tumbled in October when a BusinessWeek article published Oct. 4 stated the company had allowed the Chinese government to plant microchips that could be used for spying onto motherboards bound for American tech companies Apple and Amazon. SuperMicro SMCI is trying to claw back its reputation after a widely disputed Bloomberg Businessweek article that said the California-based hardware company had allowed Chinese government microchips meant for spying onto their motherboards.
WM Morrisons shares jumped on Tuesday as traders cited market rumours that the UK supermarket chain could be subject to a takeover approach by U.S. online retail giant Amazon.com Inc. The supermarket chain has struck wholesale supply deals with Amazon and is widely seen as a potential takeover target for the U.S. company as it moves into bricks-and-mortar retailing after its takeover of Whole Foods. A spokesman for Morrisons said the company does not comment on speculation about transactions.
Yext Inc. (YEXT) recently faced one of its worst days since listing when the stock crashed by nearly 20% after the release of its results of the third quarter. After the recent dip, the important question that most investors are looking to answer is whether the worst is over for Yext and whether it is a value buy at current levels. Warning! GuruFocus has detected 2 Warning Sign with YEXT.
Costco (NASDAQ:COST) isn’t a recession-proof company, because no such company exists. To the extent that such a stock can exist, however, COST stock may well be it. Although the company mostly breezed through the 2008 recession, much has changed in the meantime.
Alphabet’s (GOOGL) little-known Verily subsidiary has revised its agreement with DexCom (DXCM) to allow it to become a shareholder of the CGM (continuous glucose monitoring) system maker. DexCom makes CGM systems for diabetes management. The revised agreement is set to have Verily owning a $525 million equity stake in DexCom.
Shaktikanta Das, 63, who often sought a cut in interest rates during his time at the Finance Ministry, was appointed for a three-year tenure, according to a statement on Tuesday from the Personnel Ministry. A former economic affairs secretary from 2015 to 2017, Das worked closely with the central bank and oversaw Modi’s plan to ban high value notes in late 2016, an exercise that hurt the economy and led to thousands of job losses.
Super Micro Computer Inc. told customers on Tuesday that its recent investigation with a third-party firm found "absolutely no evidence of malicious hardware on our motherboards," following a Bloomberg report that said Chinese hackers were able to infiltrate the company's motherboards. "As we have stated repeatedly since these allegations were reported, no government agency has ever informed us that it has found malicious hardware on our products; no customer has ever informed us that it found malicious hardware on our products; and we have never seen any evidence of malicious hardware on our products," the company said in the letter, which was also filed with the Securities and Exchange Commission. The Bloomberg story from October said that Apple Inc. and Amazon.com Inc. were Super Micro customers who had noticed malicious chips on the company's motherboards, which both Apple and Amazon denied. "We appreciate the industry support regarding this matter from many of our customers, like Apple and AWS," Super Micro said in its letter. Super Micro's shares are unchanged in Tuesday morning trading. They've fallen 22% so far this year, while the S&P 500 has dropped 0.3%.
Considering FedEx's (FDX) shareholder-friendly initiatives and other positives, we believe that the company will be able to counter headwinds like high costs.
Fortinet's (FTNT) refreshed Security Fabric deployment enables identity-based access to DTDC's consignment tracking applications, thus filtering and detecting suspicious activities.
2019 will be a year of uncertainties. The US-China trade war, which seemed to be behind us following the Buenos Aires G20 verbal agreement between presidents, now seem to dissipate, and even escalate following the arrest of a senior Huawei manager in Canada. On top of those, additional concerns are growing as Russia and Ukraine […]
Amazon (AMZN) is reportedly rolling out private label toys under its home brand name AmazonBasics for the first time for expanding in toy market.
Seagate (STX) partners Tape Ark with an aim to shift legacy tape-restricted data into leading cloud platforms to solve inaccessibility and data loss.
DEEP DIVE Semiconductor stocks, high-fliers in the bull market, have been hit hard lately, and analysts are expecting the industry’s sales and earnings growth to slow to a crawl in 2019. Long-term investors already know they need to be patient with these stocks because of their volatility.
** CVC Capital Partners has launched a bid for Sweden's Ahlsell just two years after listing it, valuing the construction products and tools distributor at about 24 billion Swedish crowns ($2.65 billion). ** A consortium led by China's Jin Jiang International said it had made an offer for the entire equity of Radisson Hospitality, valuing the Swedish hotel chain at 7 billion Swedish crowns ($774.3 million). ** Danske Bank's pension unit Danica has divested the Swedish part of its business to a private equity consortium at about 2.6 billion Swedish crowns ($288 million), the lender said.
Cowen's 12-month price target for Amazon is $2,250, a 37 percent gain from Friday's close. "Amazon has several drivers that should yield robust global revenue growth with rising margins the next several years," Cowen's John Blackledge says. Cowen's internet analyst says Amazon is his best idea for 2019 because multiple opportunities will generate solid revenue and margin growth in the coming years including internationally, in the cloud business and advertising.
According to a letter published by shareholders rights law firm Robbins Arroyo LLP, a complaint has been filed against Fitbit (FIT) for misleading investors. Fitbit claimed that it had the best-selling fitness tracker on Amazon (AMZN). The letter said, “Fitbit was struggling to differentiate itself from Apple Inc., leading to slowing demand for Fitbit’s products.
Apple (AAPL) has struck a deal to make its Apple Music service available on Amazon’s (AMZN) Echo smart speakers. Apple Music is expected to arrive on the Echo device on December 17.