|Bid||1,186.57 x 800|
|Ask||1,186.20 x 900|
|Day's Range||1,181.75 - 1,190.00|
|52 Week Range||970.11 - 1,273.89|
|Beta (3Y Monthly)||1.15|
|PE Ratio (TTM)||27.09|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||1,332.50|
Half a decade has passed since Android Wear debuted. In the midst of all that technological advancement, Android Wear has remained relatively unchanged. In its five years, Google's OS has grown smarter and more useful, and has even undergone a serious makeover.
Last year, Spotify gave away a free Google Home Mini speaker to US users, and this year, it's bringing that offer to the UK. Starting today, both new and existing Premium for Family Plan subscribers can sign up to get a free device -- normally priced at £49 -- until May 14th while stock permits, Spotify said.
Google is set to take on the $140bn gaming industry as it presents its ‘vision for the future of gaming’ at the Games Developer Conference in San Francisco this week.
The European Union and authorities around the world will have to regulate big technology and social media companies at some stage to protect citizens, the deputy head of the European Commission said on Monday. First Vice President Frans Timmermans said introducing regulations would work better if online platforms, such as Google and Facebook, worked with authorities. Big tech has been criticised by politicians in the United States and Europe over issues ranging from Facebook's losing track of users' data to how Google ranks search results.
The European Union and authorities around the world will have to regulate big technology and social media companies at some stage to protect citizens, the deputy head of the European Commission said on Monday. First Vice President Frans Timmermans said introducing regulations would work better if online platforms, such as Google and Facebook, worked with authorities. Big tech has been criticized by politicians in the United States and Europe over issues ranging from Facebook's losing track of users' data to how Google ranks search results.
Some analysts continue to see big videogame industry M&A as inevitable as the industry moves toward a streaming model.
"Market conditions are changing. The continued rise in interest rates suggests we are in the early stages of a bond bear market, which could intensify as central banks withdraw liquidity. The receding tide of liquidity will start to reveal more rocks beyond what has been exposed in emerging markets so far, and the value of […]
Google engineers are studying foldable smartphones and say they’ve designed a screen that is capable of bending into a “U” shape, two new patent filings suggest.
Now let's dive into the TipRanks data, and see what Wall Street's top analysts have to say about Alphabet, Amazon, and Apple. Alphabet's core strength is the Google search engine, whose near-total market dominance and near-infinite reach have given the company an unparalleled data mine on potential customers. It is part and parcel of the problems that have plagued Facebook for the last year or more.
Before you read the following, let me make something clear -- don't misread the message. Just because Twilio (NYSE:TWLO) is ridiculously, stupidly overvalued doesn't mean Twilio stock can't continue to rally. It is what it is.Source: Web Summit Via Flickr * 7 Small-Cap Stocks That Make the Grade On the other hand, there comes a point in time when every publicly traded entity has to justify its stock's price. Twilio can't -- and won't be able to anytime soon anywhere near its current value. The only question is, when and where will most traders stop and ask "what's the end-game?"Warning: You may not like the answer. The good news is, the answer may not be relevant for a long, long time.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Number-CrunchingI get it. Believe me, I get it. Twilio is a story stock, and story stocks don't trade like regular stocks do. They trade based on potential. Amazon.com (NASDAQ:AMZN) is the quintessential example of a story stock, paying off in a big way for investors who could see years down the road.Let's be honest, though. Amazon is the exception to the norm rather than the norm. For every Amazon, there are four or five companies like Pets.com, Webvan, Flooz, and DrKoop.com. They were all just as touted as Amazon.com at the time, but ended up going nowhere.Still, let's just assume Twilio ends up surviving and tweaking itself long enough to make it. Then what?Just to put things in perspective, Twilio is a $15.5 billion company that's generated $650 million worth of revenue over the course of the past four reported quarters. To its credit, last year's top line was 63% better than 2017's, and the pros are calling for similar sales growth this year.Not bad. Not bad at all.But even if Twilio ends up pulling in the $1.08 billion in sales analysts are modeling for the year now underway, Twilio stock is still trading at about 15 times sales.That compares unfavorably to its tech peers. Alphabet (NASDAQ:GOOGL,NASDAQ:GOOG) presently trades at about 6.1 times its trailing revenue. The aforementioned Amazon is valued at a price/sales ratio of 3.5.Given those comparisons, TWLO stock is arguably valued three times as much as it should be. Or, to approach the matter from a forward-looking perspective, Twilio would need to triple its revenue to be priced on par with its cloud-minded peers.And earnings? It's not even entirely fair to use profits as a yardstick to measure Twilio stock. It's a startup, spending heavily to develop a machine that can attract and keep customers. But it's at least a starting point from which to make a bigger-picture call.Last year, Twilio posted a per-share profit of 11 cents. Analysts are only modeling earnings of 10 cents per share for Twilio stock this year, but given a handful of topped estimates in its recent history, that might be too pessimistic. Let's say 20 cents per share is a more plausible figure. That translates into a forward-looking P/E ratio of 634.That's not even in the same realm as more developed rivals. Alphabet shares are priced at 21.9 times their projected income. Even the perpetually frothy AMZN stock is trading at only 42 times this year's estimated profits.Twilio needs to beef up its earnings by roughly 20 times this year's outlook for the stock's current price to make sense. Bottom Line for Twilio StockAgain, I get it. Anything's possible. It's happened before. The fundamentals -- as I conceded -- don't even really matter for story stocks. Rhetoric alone could continue to fuel the incredible rally Twilio stock has dished out since late 2017.Let's be realistic, though. Now that Twilio and its direct rivals like RingCentral (NYSE:RNG) and Zendesk (NYSE:ZEN) have proven there's a market in delegating customer service management and routing to the cloud, bigger and deeper-pocketed players are willing and able to compete. That makes the path to a tripling of revenue a tough one to traverse, while the path to a 2000% increase in profits could be even tougher to navigate. * 15 Stocks That May Be Hurt by This Year's Big IPOs Own TWLO stock if you must. But, let's not kid ourselves about what such position really is. Even though the financial media and analysts are treating it like it's a normal stock, it isn't. It's just a trade. Sooner or later it will have to justify its price -- and it may struggle to do so.That doesn't mean it can't be a fun train to ride between now and then, though.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about James at his site, jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Dividend Stocks to Buy Today * 7 ETFs to Buy to Ride the Longevity Economy * 7 Winning High-Yield Dividend Stocks With Payouts Over 5% Compare Brokers The post Hereas How Much Twilio Would Have to Grow to Make Sense appeared first on InvestorPlace.
Tourists in rental cars slowly snake their way past the street’s beautiful homes, then review the experience on travel websites. Zoox Inc., the self-driving startup, uses the crooked road to measure the incremental improvement of its autonomous software. “A year ago, we couldn’t do Lombard Street or other very narrow or steep roads,” says Zoox’s Jesse Levinson, the company’s co-founder and chief technical officer.
It has run into a problem: there simply isn’t enough local news in vast swaths of the country. One-third of Americans live in a place where Facebook can’t find enough local news being shared on its service to justify building a localized aggregator for that area, according to data released by Facebook on Monday. Facebook’s local-news aggregator, called Today In, was launched last year and is currently available in 400 cities through Facebook’s mobile app.
President Recep Tayyip Erdogan screened a montage of videotaped snippets from the attack on Muslim houses of worship in an apparent attempt to galvanize his pious, conservative base ahead of March 31 local elections. At televised rallies in Istanbul and Tekirdag to the west, he showed blurred fragments of suspected attacker Brenton Tarrant’s online manifesto and his livestream from the massacre in Christchurch, New Zealand, which claimed the lives of 50 people.
Emergency call centers sometimes have a hard time pinpointing an address when a person uses a cellphone to dial 911. The Federal Communications Commission on Friday advanced a new standard that for the first time specifies how precise the in-building, vertical-location data that wireless carriers send to 911 call centers has to be. The regulator said altitude data should be accurate within 3 meters, or 10 feet, of the cellphone caller.
Remember that amid the deluge of demands to break up Facebook, Google, Amazon and Apple. “We’ve let Facebook have their ride, they’ve made their money and they’ve been very successful,” he told the American Enterprise Institute last month. “I just think there’s a very good track record in tech of trying to put pressure on the monopolist and break things up a little bit.” Basically, Facebook got big and now it’s someone else’s turn.
Google is expected to unveil its big game streaming service, but experts are skeptical it will have what it takes
WASHINGTON—President Trump took a swipe at a pair of corporate giants on Saturday as part of his continuing push to have U.S. companies boost their employment and production activities domestically. Co. to “act quickly” to reopen its now-defunct Lordstown, Ohio, plant as a means of boosting domestic profits. GM announced in November that it would cut up to 14,800 jobs and close four U.S. plants as well as one in Ontario, Canada.
If you're looking for growth, here are two great options that you know well (and remain strong buys) and one that may surprise you.
At the Game Developers Conference, Alphabet, Microsoft, Amazon and others are staking out their positions in the fast-growing online games market.
While platforms including Twitter and YouTube said they moved fast to remove the content, users reported it was still widely available hours after being first uploaded to the alleged shooter’s Facebook account. The video, which shows a first-person view of the killings in Christchurch, New Zealand, was readily accessible during and after the attack — as was the suspect’s hate-filled manifesto. Facebook, YouTube and other social-media platforms are struggling to scrub offensive content from sites that generate billions of dollars in revenue from advertisers.
Scenes of Friday’s New Zealand mosque massacre were streamed live on Facebook and posted on YouTube and Twitter, a gruesome example of how social-media platforms can be used to spread terror despite heavy spending by their owners to contain it. New Zealand police said the footage of the attack on a pair of mosques, which left 49 dead, was “extremely distressing” and urged people not to circulate it. The 17-minute video shows a gunman walking through a mosque and firing at worshipers who slump to the floor.
sought to reassure one of the world’s largest ad buyers they were striving to block violent content after video of the New Zealand terrorist attacks ricocheted around social media. Facebook said engineers were seeking and removing a video by the gunman, who used Facebook Live to stream at least part of his deadly assault on two mosques, and permutations posted by others, Ms. Taylor said.
Arizona Attorney General Mark Brnovich said he and other state AGs are willing to go after tech giants who "dominate market share."
"We as state AGs we are taking a look at maybe whether we should do something and if so what should be done," he says. Arizona Attorney General Mark Brnovich told CNBC on Friday he is prepared to go after big tech companies.