|Bid||0.00 x 800|
|Ask||1,767.33 x 2200|
|Day's Range||1,740.71 - 1,776.45|
|52 Week Range||1,307.00 - 2,035.80|
|Beta (3Y Monthly)||1.63|
|PE Ratio (TTM)||73.32|
|Earnings Date||Oct 24, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||2,297.89|
(Bloomberg) -- Google’s latest smartphone demonstrates how artificial intelligence and software can enhance a camera’s capabilities, one of the most important selling points of any mobile device.The Pixel 4, the latest entrant in a phone line defined by its cameras, touts an upgraded ability to zoom in when shooting photos as its biggest upgrade. But the Alphabet Inc. company isn’t going about it the way that Samsung Electronics Co., Huawei Technologies Co. or Apple Inc. have done -- instead of adding multiple cameras with complicated optics, Google has opted for a single extra lens that relies on AI and processing to fill in the quality gap.In place of the usual spec barrage, Google prefers to talk about a “software-defined camera,” Isaac Reynolds, product manager on the company’s Pixel team, said in an interview. The device should be judged by the end-product, he argued, which Google claims is a 3x digital zoom that matches the quality of optical zoom from multi-lens arrays. The Pixel 4 has two lenses with a magnification factor between them that’s less than 2x, and the tech that extends that useful range is almost entirely software.The success of the Pixel’s camera is instrumental to Google’s broader ambitions: it drives Google Photos adoption, provides more fodder for Google’s image libraries, and helps create better experiences with augmented-reality applications -- such as this year’s new on-screen walking directions in Google Maps.Google’s IPhone Retort: More Cameras and AI in New Pixel PhonesSuper Res Zoom, a feature Google launched last year, uses the slight hand movements of a photographer when capturing a shot -- usually a hurdle to creating crisp images -- as an advantage in crafting an image that’s sharper than it otherwise would be. The camera shoots a burst of quick takes, each one from a slightly different position because of the camera shake, then combines them into a single image. It’s an algorithmic trick that lets Google collect more information from imaging hardware, and potentially also a moat against any rivals trying to copy Google -- because others can’t just buy the same imaging sensors and replicate the results.To augment its reliance on AI and machine-learning tasks, Google has designed and added its own Pixel Neural Core chip for the Pixel 4 lineup. It accelerates the machine-learning speed of the device and, again, is intended to differentiate Google’s offering from other Android smartphones on the market with a Qualcomm Snapdragon processor at its core.The other major tool in Google’s AI kit is called RAISR, or Rapid and Accurate Image Super Resolution, which trains AI on vast libraries of images so it can more effectively enhance the resolution of images. The system is taught to recognize particular patterns, edges and visual features, so that when it detects them in lower-quality shots, it knows how to improve them. That’s key to creating zoom with “a lot smoother quality degradation,” as Reynolds put it. With more than a billion Google Photos users, the U.S. company has a massive supply of images to train its software on.Among the other features that Google offers with the Pixel 4 is the ability to identify the faces of people that a user photographs most often and ensure that they’re prioritized when capturing new snapshots -- making sure the camera focuses on them and that their eyes aren’t closed, for instance. That use of software technology has defined Google’s devices to date and is also evident in the way Facebook Inc., Amazon.com Inc. and Apple aim to employ their own AI systems.To contact the reporter on this story: Vlad Savov in Tokyo at firstname.lastname@example.orgTo contact the editors responsible for this story: Edwin Chan at email@example.com, Peter ElstromFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
Today, Amazon Web Services, Inc. (AWS), an Amazon.com company (AMZN), announced that Old Mutual Limited has selected AWS as its preferred cloud provider and will migrate its digital customer platforms, core insurance applications, and product administration systems to the cloud. With the help of AWS’s expert professional services organization, the company will migrate over 1,000 applications to AWS, shutting down its data centers by early 2022.
U.S. Democratic presidential contender Elizabeth Warren went after big tech during the Democratic debate on Tuesday but brushed off rival Kamala Harris's challenge to join her in calling for President Donald Trump's suspension from Twitter. Warren, a U.S. senator who is in a virtual tie with former Vice President Joe Biden in many opinion polls in the Democratic race, argued for her proposal to split up major tech firms such as Facebook Inc, Alphabet Inc and Amazon.com Inc over antitrust concerns, in what was the most wide-ranging discussion of big tech in the Democratic debates to date.
The pot bubble has burst, but many companies’ shares are still trading at unjustified levels, says Brian Livingston.
Further to Miranda Green’s Notebook column “ Bridging local divides could be a balm for bipolar politics ” (October 10): as a teenager in the 1960s, I typed voter lists for my father, who was the 4th Ward ...
Reality is closing in on Netflix. With the stock (NFLX) down 30% over the past three months, poor second-quarter results and signs that third-quarter subscriber numbers (which the company reports on Oct. 16) might be below expectations, the market is no longer buying CEO Reed Hasting’s previous ridiculous claims like that Fortnite and YouTube are Netflix’s primary competitors. While the “sell side” remains bullish, with 70% of Wall Street analysts tracked by FactSet calling Netflix a buy, independent investors are increasingly skeptical of the company’s growth story.
For investors, it could be a costly mistake to be on the wrong side of that debate, as Netflix stock’s 52-week low is $231 and the high is $385, a sizable spread for a $125 billion market-cap company. In the two weeks that followed the streaming company’s second-quarter earnings release in July, Netflix shed $24 billion in market value. Second-quarter earnings results added to the debate, as Netflix said the net number of subscribers declined in its home market for the first time.
Shares of Chipotle have skyrocketed over 90% in 2019. Now with Chipotle set to release its Q3 2019 financial results on Tuesday, October 22, let's dive into some estimates and fundamentals to see if investors should consider buying CMG stock right now...
In September, analysts at Edgewater Research started noticing that Amazon had disabled its add-on program, the system Amazon used to allow the purchasing of low-priced items, but only if they were added to create a $25 minimum, for example. "I want to warn them all not to get too comfortable," said Leigh.
(Bloomberg) -- Elizabeth Warren pledged Tuesday to forgo any high-dollar fundraising events if she becomes the Democratic nominee, a move that would make her the first general-election candidate to do so and could be a high-stakes gamble against a cash-rich incumbent and a well-funded GOP apparatus.But Warren would still accept high-dollar contributions from most people who choose to write her a check without getting special access or seeing her in person. She also vowed to refuse to accept “any contributions over $200 from executives at big tech companies, big banks, private equity firms, or hedge funds.”Warren’s pledge also wouldn’t stop the party or super-PACs from raising vast amounts of money on her behalf. But it may stop wealthy donors from cutting big checks if they believe it won’t help them get access to the nominee.“When I’m the Democratic nominee for president, I’m not going to change a thing in how I run my campaign: No PACs. No federal lobbyists. No special access or call time with rich donors or big dollar fundraisers to underwrite my campaign,” Warren said in a statement released by her campaign.Still, some Democrats fear it would put the party at a huge fundraising disadvantage against President Donald Trump, who’s raking in vast sums of money from big donors by his own campaign and by super-PACs that support him.Rufus Gifford, the finance director for former President Barack Obama’s 2012 campaign, has said Warren’s earlier suggestions to avoid high-dollar events was “a colossally stupid decision” that would cost Democrats not only in the presidential contest but also in down-ballot races.But it also reflects her populist pitch to be a different kind of candidate who isn’t corrupted by special interest money, and so far she has proven adept at generating small-dollar contributions that are envied by her party rivals.A Warren campaign aide said the decision to accept no more than $200 from executives and big tech or financial firms was “retroactive” and any contributions above $200 from those people would be returned.The aide also said that big tech companies under this guideline will include Alphabet Inc., which is Google’s parent company; Amazon.com Inc., Apple Inc., Facebook Inc., Microsoft Corp., Lyft Inc. and Uber Technologies Inc.Nominees traditionally complain about the amount of time needed to raise money in a campaign and call for changes in financing presidential races, but then say they can’t “unilaterally disarm” against a well-funded opponent.Warren’s bet is that her pitch will propel her campaign in the Democratic contest -- where she’s tied with Joe Biden for the top spot -- and mobilize many of the estimated 100 million eligible voters who didn’t turn out in the 2016 election. Biden spends a significant amount of time raising money from traditional donor bases.It’s unclear how Warren’s pledge would apply to the Democratic National Committee, which can accept contributions from individuals of as much as $355,000 for various accounts, including $35,500 per donor that can be used to influence the election.And it wouldn’t apply to outside groups like super-PACs, which under federal law cannot coordinate their activities with campaigns. In 2016, Priorities USA had more than 30 individual donors who contributed more than $1 million.Obama barred contributions from registered lobbyists and corporate PACs. The DNC was outraised by its Republican counterpart in 2012 by almost $100 million, yet Obama, a popular incumbent, won overwhelmingly against rival Mitt Romney in the election. The party lifted the bans in 2016, and the DNC raised $354 million compared to $343 million for the Republican National Committee.Warren often highlights her approach to fundraising on the campaign trail, reassuring prospective voters that her campaign is fueled by them, not big dollar donors.“I don’t spend my time at fundraisers for bazilionaires and corporate executives,” Warren said during a town hall in Austin, Texas, last month. “I just don’t do it.”When asked whether her grassroots fundraising model could leave her without enough money to go against Trump in the general election, Warren was adamant that a flurry of contributions between $5 and $25 would be enough. Trump and the RNC raised $125 million in the first quarter, more than all of the major Democrats combined.“If you think it’s going to be all about scooping up a bunch of money from rich people, and then buying a bunch of TV ads, and that’s how it is someone’s gonna win, then, yeah, it looks like Trump’s doing a lot here,” Warren said recently in San Diego. “I just don’t think that’s how democracy works anymore. And I sure don’t think that’s how it’s going to work in 2020. I think it’s going to be about getting out and building a grassroots movement.”In his battle against Hillary Clinton in 2016, Bernie Sanders relied primarily on small-dollar donors to raise $235.4 million through the end of May 2016, nearly matching the $238.2 million she raised over the same period.But Clinton also had joint fundraising committees that raised millions for the Democratic National Committee and state parties.Trump is using the same arrangements to build a huge financial advantage over his rivals. His campaign and the RNC, plus a pair of joint fundraising committees that raise money for each, have taken more than $300 million through this year, according to Federal Election Commission reports and totals announced by Trump’s re-election effort.Warren has raised $60.2 million in the same period, including about $10 million she transferred from her Senate campaign.(Updates with Warren aide saying big tech donation policy was retroactive in eighth, ninth paragraphs.)To contact the reporters on this story: Sahil Kapur in Washington at firstname.lastname@example.org;Bill Allison in Washington at email@example.com;Misyrlena Egkolfopoulou in Washington at firstname.lastname@example.orgTo contact the editors responsible for this story: Wendy Benjaminson at email@example.com, Max BerleyFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
The stock market is near highs after rising for a decade. The best tool to answer the question is to look at segmented money flows. Please click here for a chart showing segmented money flows in 11 popular tech stocks.
Apple Inc.'s (AAPL) stock plunged 18% off its highs this spring as slowing iPhone sales prompted many on Wall Street to say the company's growth days are over. Since then, Apple's shares have staged a remarkable rebound, rising 50% year to date as sales of the iPhone 11 beat expectations and amid raised forecasts for both its new entertainment streaming service and its share price. Apple's gain has created a striking divergence from its fellow FAANG stock members, all of which once were regarded as growth stocks.
AMC Theatres, the biggest cinema chain in the world, said Tuesday it is launching a streaming service that will allow members of its loyalty program to rent or buy films and watch them at home, the first such offering from a cinema operator.
Microsoft’s 40% rally this year has been driven in no small measure by investor enthusiasm for the company’s Azure cloud business, which skewed to larger enterprises than its rivals and should be the least vulnerable to any macro-related slowdown, an analyst says.
Analyst Heath Terry reiterated his Buy rating for Amazon stock on Tuesday. He expects the company to report third-quarter sales results above expectations.
Sometimes it feels like there is too much Amazon.com Inc. (NASDAQ: AMZN) news for one weekly roundup. The company is opening a new warehouse with thousands of jobs almost every week — this time in Nampa, Idaho. The company said it would do this back in 2017, but the transformation into a state-of-the-art shelter is nearly complete, according to reporting by The Seattle Times.
Amazon's cloud computing is like a "soft drug", a French minister said on Tuesday, warning that time was running out for Europe to wean itself off the U.S. company's services. Amazon Web Services (AWS) has become the leading provider of data storage in just a few years, raising concerns in Europe that the group could let U.S. intelligence agencies access corporate data under the U.S CLOUD Act of 2018. "AWS is a soft drug.
The Zacks Analyst Blog Highlights: Barclays, Lloyds Banking, Next plc, Marks & Spencer and Amazon.com
If all goes according to plan, work on the first two Amazon.com Inc. (NASDAQ: AMZN) HQ2 towers should be underway in 2020, according to Matt Ginivan, a senior vice president of real estate development at JBG Smith Properties (NYSE: JBGS), Amazon’s development partner for its second headquarters. Amazon employees could be working in a fully completed 2.1 million square feet by the first three months of 2023, Ginivan said Monday during the third and final Site Plan Review Committee meeting for the Metropolitan Park project. During this meeting, Amazon and its development partners presented updates to the site plan and took questions and listened to comments for the better part of two hours on a range of topics — the loading docks were of particular interest to the community.
The live stream, in collaboration with nonprofit FIRST, will feature state of the art robotics technology from inside an Amazon Robotics Fulfillment Center so students learn more about robotics and the importance of a computer science education. Amazon (AMZN) today announced that on Thursday, October 17 at 7:00 p.m. ET / 4:00 p.m. PT, teachers and students can go online to Twitch (www.twitch.tv/firstinspires) to watch and participate in a live stream of a first-of-its-kind, interactive and educational tour inside an Amazon Robotics fulfillment center. The live stream, in collaboration with global nonprofit FIRST and hosted by Twitch influencer Deejay Knight, will feature state of the art robotics technology behind the scenes at Amazon.
A new investigation by Reuters has revealed that more than 40 states are now using Amazon Web Service for elections. AWS handles state and county election websites, stores voter registration rolls and ballot data, facilitates overseas voting by military personnel, and helps provide live election-night results, according to the company. Elections officials have welcomed the company, as they say it has been a struggle to keep elections systems up to date. But security experts claim that it makes Amazon a bigger target for hackers.