|Bid||237.29 x 200|
|Ask||240.00 x 100|
|Day's Range||236.50 - 239.90|
|52 Week Range||173.52 - 274.97|
|PE Ratio (TTM)||28.59|
|Earnings Date||Apr 25, 2018 - May 2, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||268.84|
Yahoo Finance's Jared Blikre and Alexis Christoforous break down the latest market action after March Retail Sales rises a greater-than-expected 0.6% and the Empire State Manufacturing Survey missed Street expectations, coming in at 15.8.
Yahoo Finance's Jared Blikre joins Seana Smith from the New York Stock Exchange to discuss the latest market moves.
Yahoo Finance's Jared Blikre and Alexis Christoforous break down the latest rule proposal by the Federal Reserve that would simplify bank capital and stress test regulations. Separately, the WSJ is reporting that bank lending to non-bank financial companies, many of which are themselves engaged in subprime lending, has grown to $345 billion, of which Wells Fargo has an $81 billion share.
Chinese adults are expected to spend nearly a third of their daily digital activity watching digital video by 2020.
Baidu, Inc. (BIDU) today unveiled Apollo 2.5, the latest iteration of the open autonomous driving platform, which now supports autonomous driving on geo-fenced highways. At a launch event to celebrate Apollo’s one-year anniversary in Beijing, Baidu also announced the Apollo Automotive Cybersecurity Lab to further the advancement of safety in mobility as a long-term vision towards the development of an autonomous driving ecosystem. Baidu has teamed up with China Automotive Technology and Research Center and China Academy of Information and Communications Technology to launch its automotive cybersecurity lab.
Just as Amazon (AMZN) is preparing to meet investors and analysts to discuss its 1Q18 results, its Echo device has gained skills and given Amazon more of an edge in the increasingly competitive smart speaker market. In the first week of April, Amazon introduced Alexa Announcements, a feature that transforms Echo into an in-house intercom system for broadcasting messages to other speakers in different rooms. The Echo intercom feature could be ideal for a large household.
A lot has transpired in the biking market since Alibaba (BABA) led several other investors in injecting more funds into bike-sharing provider Ofo last month. Just a few weeks after it was revealed that Alibaba led a funding round that raised $866 million for Ofo, Meituan-Dianping, a bike-sharing provider, moved to acquire its rival Mobike. Both Meituan and Mobike are backed by Alibaba mobile payment rival Tencent (TCEHY). Tencent also backs Snapchat parent Snap (SNAP). ...
Amazon has an EV (enterprise value) of $703.9 billion. In comparison, Internet peers Alphabet (GOOG), Facebook (FB), Alibaba (BABA), and Baidu (BIDU) have EVs of $613.0 billion, $441.4 billion, $447.8 billion, and $76.7 billion, respectively.
Amazon (AMZN) may be quietly making deals with global mobile operators to expand its international market,Variety reported after reviewing documents and job postings by the company. A team dubbed Amazon Fuse is reportedly leading Amazon’s engagement with mobile operators in Asia, Europe, the Middle East, and Africa. Amazon’s discussions with global mobile operators have reportedly focused on expanding the market for products such as Echo smart speaker and media services such as Prime Video and Prime Music.
So far, we’ve talked about the possible impact of the cryptocurrency trend on Advanced Micro Devices (AMD). Easing investors’ and analysts’ concerns, AMD gave a statement that its long-term growth is not dependent on cryptocurrency as it’s not even its core market. The chip supplier stated that its long-term growth will come from three key markets: PCs (personal computer), professional graphics, and servers.
China has laid out national guidelines for testing self-driving cars as it looks to keep pace with the United States in a global race to develop autonomous vehicles, the China Daily newspaper reported on Friday, citing the country's industry ministry. The rules lay out requirements that vehicles must first be tested in non-public zones, that road tests can only be on designated streets and that a qualified person must always sit in the driver's position, ready to take over control. China is making a major push into autonomous smart vehicles, keen to have its own national champions in self-driving to compete with global leaders such as Waymo, the self-driving arm of Google parent Alphabet Inc (GOOGL.O), and Tesla Inc (TSLA.O).
Although Amazon (AMZN) currently has a clear lead in the smart speaker market, with a ~70% share of the US market according to industry forecaster eMarketer, the company is gearing up to release its 1Q18 earnings just as some say its strong leadership in the smart speaker market may not last long. Researchers at Loup Ventures expect Amazon’s global share of the smart speaker market to be 52% at the end of 2018, making it the world’s top smart speaker vendor. However, Amazon’s share of the global smart speaker market is expected to drop to 37% by the end of 2022, leaving Alphabet’s (GOOGL) Google as the world’s top smart speaker vendor, with a 48% share of the global market.
NEW YORK, April 11, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of ...
Alibaba (BABA) became the 20th most widely held stock by the world’s top institutional investors in 2017, according to a Financial News report citing eVestment data. Alibaba’s rise in the portfolios of the world’s elite fund managers has been rapid. In the previous year, it ranked 43rd among the stocks most commonly held by international fund managers.
On April 6, 2018, Snap (SNAP) was trading 5.0% below its 100-day moving average. In comparison, Baidu (BIDU) was trading 9.2% below its 100-day moving average, Yelp (YELP) was trading 4.4% below its 100-day moving average, Groupon (GRPN) was trading 12.6% below its 100-day moving average, and Yandex (YNDX) was trading 6.5% above its 100-day moving average.
Chinese ADRs are extremely popular investment options for U.S. investors, with no company attracting more attention than Alibaba (BABA). But there are a few traditionally "cheaper" options that compete with the company in certain markets.
Alibaba (BABA) is taking full control of online food delivery service Ele.me in a deal that values the startup at $9.5 billion.