|Bid||1,035.2300 x 100|
|Ask||1,035.9000 x 400|
|Day's Range||1,018.1900 - 1,038.1200|
|52 Week Range||862.8100 - 1,186.8900|
|PE Ratio (TTM)||57.50|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Amazon is set to announce its first-quarter 2018 earnings on Thursday afternoon — a period in which the company saw its stock climb over 22%.
The goal is to flip the bottle onto various household objects (chair, couch, vacuum cleaner handle, and so on), keeping it in motion, until you reach a finish-line shelf.
In 1Q18, Verizon’s (VZ) digital media and advertising subsidiary, Oath, posted gross revenues of $1.9 billion—excluding the impact of the revenue recognition standard. As expected, Oath’s gross revenues decreased sequentially by 13% from fourth-quarter 2017 levels of $2.2 billion due to seasonally lower display advertising performance. Verizon’s Oath business represents future growth plans, including advertising aspirations.
Facebook, which takes nearly a fifth of global digital ad revenue, posted record sales of $11.97 billion over the first three months of the year, the company said after the close of trading Wednesday, and posted a bottom line of $1.69 a share that blasted Wall Street estimates. The company also boosted the cash it can use for share buybacks by $9 billion, suggesting not only faith in its ad-driven business model but confidence that regulators won't stifle it with new data use restrictions. "We think that ads is a great business model that is aligned with our mission," CEO Mark Zuckerberg told investors on a conference call last night.
Though FANG stocks still look reasonably cheap, another group of four stocks with the acronym of "VISE" looks far more promising over the next five to 10 years.
People walk past paper airplanes that were thrown by protesters in front of the Federal Security Service (FSB) in Moscow on Monday, April 16, 2018. The Russian government is not giving up putting messaging app Telegram in the deep freeze, and it's starting to get costly for other internet companies that have nothing to do with the ban. For the past week, Pavel Durov, founder of Telegram, has said that the user count has not suffered much in Russia.
Google’s (GOOGL) Nest, a smart home company, is considering bidding for Withings, Nokia’s (NOK) smart health business. Withings has been struggling since Nokia acquired it in 2016. Apart from Google’s Nest, which is known for its smart thermostats and smoke detectors, two French companies and one non-European company have joined the race to acquire Nokia’s smart health business, according to industry sources.
The Zacks Analyst Blog Highlights: Alphabet, General Electric, Schlumberger, American Express and SAP
Inc. is trying a reboot with its video-recording sunglasses, Spectacles, that had a splashy debut—and then fizzled—when introduced just over 18 months ago. The move shows the company is sticking with its push into hardware as it tries to diversify beyond its roots in social media. On Thursday, Snap started selling the updated version of Spectacles on its website for $150.
On April 23, Alphabet’s (GOOG) stock closed down 0.51% at $1,067.45 for the day. However, on a year-to-date basis, Alphabet’s stock price grew 2.0%, compared to the S&P 500’s return of -0.1%. Stock prices for peers Twitter (TWTR), Amazon (AMZN), and Alibaba (BABA) were up 30.0%, 29.8%, and 1.8%, respectively. However, Facebook (FB) was down nearly 6% on a YTD basis as of April 23.
In this edition of the #BytesChat, we convened a panel of tech experts to discuss the fast-moving developments on the online privacy front. Our special guest was Terrell McSweeny, Commissioner of the Federal Trade Commission. She was joined by Rob Seamans and Larry Downes.
The new rules will specifically target app stores, search engines, e-commerce sites and hotel booking websites such as Expedia, requiring them to be more transparent about how they rank search results and why they delist some services. The proposal would also give companies the right to collectively sue online platforms if they do not respect the new rules on non-discrimination and transparency. Music streaming services such as Spotify have been pushing for Brussels to address relations between platforms and businesses, saying the former have an incentive to disadvantage competitors' services.