1,171.20 +0.11 (0.01%)
After hours: 6:54PM EDT
|Bid||1,171.32 x 1000|
|Ask||1,172.00 x 900|
|Day's Range||1,154.58 - 1,173.17|
|52 Week Range||909.70 - 1,273.89|
|PE Ratio (TTM)||50.58|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||1,354.00|
Yahoo Finance spoke to two former Google engineers who are denouncing the search engine's business in China.
The European Union's competition commission is looking into how Amazon uses data from retailers selling via its ecommerce marketplace, Reuters reports. Competition commissioner Margrethe Vestager revealed the action today during a press conference. It's not a formal antitrust probe at this stage, with Vestager also telling reporters: "These are very early days and we haven't formally opened a case.
Sep.19 -- Amazon.com Inc. risks following in the footsteps of Google after the European Union’s antitrust chief said regulators are asking how the online retailer is treating smaller rivals trading on its own website. Bloomberg's Natalia Drozdiak reports on "Bloomberg Technology."
Sep.19 -- John Hennessy, Alphabet Inc. chairman and former Stanford University president, discusses the impact of tech on society with Bloomberg's Amanda Lang on "Bloomberg Markets."
Deren Baker, Jumpshot chief executive officer, discusses Amazon.com Inc.'s surge in ad sales with Bloomberg's Emily Chang and Spencer Soper on "Bloomberg Technology." (Source: Bloomberg)
Foreign government hackers continue to target the personal email accounts of U.S. senators and their aides — and the Senate's security office has refused to defend them, a lawmaker says. Sen. Ron Wyden, an Oregon Democrat, said in a Wednesday letter to Senate leaders that his office discovered that "at least one major technology company" has warned an unspecified number of senators and aides that their personal email accounts were "targeted by foreign government hackers." Similar methods were employed by Russian military agents who used them to influence the 2016 elections. Wyden did not specify the timing of the notifications, but a Senate staffer said they occurred "in the last few weeks or months." The aide spoke on condition of anonymity because he was not authorized to discuss the issue publicly.
Amazon.com Inc. risks following in the footsteps of Google after the European Union’s antitrust chief said regulators are asking how the online retailer is treating smaller rivals trading on its own website. ...
Facebook (FB) is expanding its fact-checking program to include photographs and video clips. Facebook’s fact-checking program initially focused on vetting articles for factual accuracy. Facebook plans to use technology and individuals to vet photos and videos circulated on its social platform.
The most significant changes to Wall Street's broad industry sectors since 1999 will take effect Monday, reclassifying many of the hot growth companies that have been nearly synonymous with the "tech" rally that has fueled the stock bull market. While any immediate market impact will be hard to gauge, investors are preparing for volatility in stocks being moved from one industry to another when some investors readjust portfolios. It may affect how mutual fund managers chose stocks and force passively-managed sector exchange traded funds (ETFs) to reallocate billions of dollars.
The PowerShares QQQ (QQQ) , which tracks the tech-heavy Nasdaq-100 Index, is up more than 18% year-to-date. Stocks such as Apple (AAPL), Google parent Alphabet Inc. (GOOG), Facebook Inc. (FB) and Microsoft Corp. (MSFT) are pivotal to QQQ’s performance. Conversely, small-cap tech stocks are actually lagging broader benchmarks such as the Russell 2000 Index and the S&P SmallCap 600 Index.
Amazon (AMZN) is set to become the third largest digital advertiser in the U.S. behind only Google (GOOGL) and Facebook (FB), according to a new eMarketer report. Digital ad sales account for a small portion of Amazon's revenues, but its growing ad business is something investors should pay close attention to.
New records show that Nest, not Google, acquired Seattle digital health startup Senosis in summer 2017. The company expressed concern about tying the "Nest" brand to an interest in health. CNBC has previously reported that Nest was recently in talks with senior living facilities about incorporating its products.
John Hennessy, Alphabet Inc. chairman and former Stanford University president, discusses the impact of tech on society with Bloomberg's Amanda Lang on "Bloomberg Markets." (Source: Bloomberg)...
It seems like fund managers can’t get enough of technology stocks. They continue to invest in the so-called FAANG and BAT stocks—US stocks Facebook (FB), Apple (AAPL), Amazon (AMZN), Netflix (NFLX), and Google (GOOGL) and China’s Baidu (BIDU), Alibaba (BABA), and Tencent (TCEHY). They’re the most crowded trades.
Apple's done a great job avoiding blowbacks President Trump and lawmakers, Elevation Partners' Roger McNamee says. The longtime venture capitalist cites Apple's partial exemption from tariffs and its privacy efforts. Apple "hasn't trumpeted that story as aggressively as I would if I were in their shoes," McNamee says.
Mathematically, that means Netflix put the ball into the end zone more than 20% of the time they were there. Netflix also tied HBO in terms of total wins, which is a key reason why NFLX stock bumped up. According to CNBC, HBO had been the top network award winner for the past 16 years.
GitLab Inc., a platform for sharing and collaborating on code, said it raised $100 million to expand its suite of tools as it fights for market share with with Microsoft Corp.’s GitHub. The fundraising values the startup at just over $1 billion, a company spokesman said, making GitLab the latest unicorn in the booming market for digital operations management. GitLab, whose customers include Intel Corp., Alibaba Group Holding Ltd. and Nasdaq Inc., saw a surge of users after Microsoft agreed in June to buy GitHub for $7.5 billion in stock.