|Bid||1,887.18 x 1400|
|Ask||1,886.94 x 800|
|Day's Range||1,845.64 - 1,888.42|
|52 Week Range||1,307.00 - 2,050.50|
|Beta (3Y Monthly)||1.71|
|PE Ratio (TTM)||93.68|
|Earnings Date||Apr 25, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||2,080.44|
Zoom founder and CEO Eric Yuan is OK with not having grabbed every penny on the road to a sizzling initial public offering. Here's why.
U.S. stocks struggle to maintain a foothold in positive territory as investors face a big week for corporate quarterly results and economic data.
But it sounds more like an internal operating system for its hardware products than a potential rival for Alexa or Siri.
Key Macro Updates: Growth, Central Banks, and Earnings(Continued from Prior Part)Resilient earningsLast year, several observers raised concerns that corporate earnings growth could disappoint in 2019. However, so far, the first-quarter earnings
JPMorgan Chase analyst Doug Anmuth did a deep dive on five internet companies set to report earnings this week, and concluded that Amazon, Facebook and Twitter are his favorites.
Crude oil jumped almost 3% on Monday after the United States said it will tighten a clamp-down on Iranian oil exports in May while U.S. equities were little changed as Wall Street braced for corporate results in a busy earnings week. The dollar was little changed against a basket of currencies in thin holiday-impacted trading as gold held above a near four-month low on support from a weaker greenback. The United States said it will eliminate in May all waivers that allowed eight countries to buy Iranian oil without facing U.S. sanctions, a move that sent oil prices to 2019 highs.Brent crude, the global benchmark, rose as much as 3.3 percent a barrel and was last up $1.98(£1.52) to $73.95.
Tech companies are about to hit competition they can’t shake: Their slightly younger selves. Get ready for the phrase “tough compare” to be muttered by dozens of executives and analysts as earnings season hits high gear this week, because growth was so strong in 2018 that 2019 is bound to look bad by comparison. The first quarter for tech is often slower after the holiday rush, but not last year, when semiconductor companies flourished selling suddenly scarce memory and crypto-mining chips and profit was easy to find even in the famously profit-averse internet sector amid the tax-cut windfall.
Soft margins, dismal comps and a high level of debt act as headwinds for J. C. Penney (JCP). However, the company is making efforts to get back on track.
PayPal's (PYPL) first-quarter 2019 results are likely to be driven by robust Venmo and One Touch. Further, the Braintree buyout is expected to contribute.
Irrespective of whether you conduct your meetings the old-fashioned way in person or electronically over digital media, you’ll observe that the art of scheduling meetings is a common problem for knowledge workers and often causes a drain on productivity. This piece provides insight into how Artificial Intelligence is coming to the rescue to help make meetings less of a hassle. Counterparties in a meeting will first go through a back and forth via email or chat to agree on meeting times before using their scheduling tool to set up the meeting.
The encouraging trends have rekindled the appeal for riskier assets, especially the cyclical stocks that tend to outperform during periods of healthy economic growth.
Amazon's (AMZN) first-quarter results are likely to benefit from its strengthening retail presence and cloud services offerings. Further, growing adoption of Prime remains a major positive.
Sirius XM Holdings Inc. announced Monday a new "Essential" streaming-only subscription plan, aimed at those who want to listen to its radio service without a car. The cost of the subscription plan, which includes more than 300 channels, will start at $1 a month for the first three months, then increase to $8 a month. Subscribers will be able to use the SiriusXM app on their smartphones and tablets, the SiriusXM.com web player or home devices including Amazon.com Inc.'s Alexa and Amazon Fire TV, Apple Inc.'s Apple TV, Roku Inc. and Chromecast from Alphabet Inc.'s Google. Sirius's stock rose 0.7% in morning trade. It has tacked on 3.9% over the past three months, while the S&P 500 has gained 10.2%.
Nokia (NOK) is likely to report lower y-o-y revenues in Q1 due to risks arising from delay in project timings and deliveries despite ramp up of 5G deliveries, particularly in North America.
Colgate's (CL) growth efforts make us confident that it will likely retain the robust bottom-line surprise trend. However, soft margins and adverse currency may be deterrents.
Boston Beer's (SAM) first-quarter results are likely to reap benefits of the ongoing strength in shipments and depletions. However, soft Samuel Adams brand performance and higher costs remain woes.
Apple is a big spender on Amazon's cloud — and that isn't going to change anytime soon.
Half of the FANG trade goes under the microscope this week. Facebook FB and Amazon AMZN , worth $1.4 trillion combined, will report on earnings on Wednesday and Thursday, respectively. The options market is not pricing in how volatile trading could get in the wake of those releases, according to Stephen Mathai-Davis of research site Quantamize.
Market forces are taking America cashless but local politicos, like the luddites destroying machines that replaced craftsmen, are throwing up roadblocks.