|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||1,010.60 - 1,057.00|
|52 Week Range||867.75 - 1,186.89|
|PE Ratio (TTM)||56.68|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Back in 2016, Apple swapped out the graphic used for its gun emoji,
Stocks were selling off hard on Tuesday as the market lost steam steadily throughout the trading day.
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President Trump’s Secretary of State pick has gotten through committee after a key Senator dropped opposition. Yahoo Finance’s Alexis Christoforous and Melody Hahm have more.
Google's Pixel smartphone line is a commercial flop despite spending more than $2 billion building the unprofitable business. During Google's hour-long earnings call on Monday, CEO Sundar Pichai gave a business update of the company's various activities (search, Nest, Google Home, HTC, Cloud, Youtube...), except for one: The Pixel division that makes the Pixel 2 smartphones and the $1,000 Pixelbook laptop. In previous calls, Pichai always made sure to at least mentioned or praised Google's phone business.
Claudia Maria de Oliveira is leery of online shopping. Two days later she picked up her first-ever online purchase at a mall in Sao Paulo. A reassuring physical presence and fast-growing online sales have vaulted Magazine Luiza into the upper echelons of Brazilian e-commerce, lifting shares over 500 percent last year and 20 percent so far in 2018.
Tech's biggest unicorn just gave a big boost to the earnings of Google parent Alphabet . Alphabet said Monday its first-quarter earnings benefited from $3 billion in gains on the value of the stakes it owns in ride-hailing company Uber Technologies Inc. and other hot tech startup firms, thanks to a new accounting rule that takes effect this year. The new accounting standard, which rule-makers issued in 2016, alters how companies price their hard-to-value equity investments, like shares of privately held firms that don't trade regularly.
Jaguar Land Rover, which is teaming up with Waymo to develop autonomous vehicles, is testing the technology predominantly in the U.K. and sharpening efforts to make the roads safer with such cars, Chief Executive Officer Ralf Speth said. While automobiles currently have a lot of driver assistance built in, they don’t offer fully autonomous-drive features, he said, adding governments, researchers and the industry need to collaborate across sectors to develop a safe technology. Autonomous driving has come under fire recently after a test car from Uber Technologies Inc. hit and killed a pedestrian last month, sparking a debate on the safety of the technology on open roads.
Google parent Alphabet (GOOGL) slumped after its margins fell, and big bellwether stocks including construction-euqipment-maker Caterpillar (CAT) fell on concerns about future earnings. Investors have been particularly skittish this year about rising prices, which could force the Federal Reserve to raise interest rates faster than expected. On Tuesday, executives from both Caterpillar and 3M (MMM) mentioned that their materials costs are rising, and that they're offsetting those increases with higher prices.
Tech giant Alphabet (GOOG) reported better-than-expected revenues in the first quarter of 2018. Revenues of $31.1 billion were well above the consensus estimates as well as last year’s revenues. Wall Street analysts expected revenues to reach $30.3 billion for the quarter. Alphabet revenues were also 26% higher than the $24.8 billion revenues posted in 1Q17. Revenues, on a constant currency basis, increased 23% in 1Q18.
The Group of Seven leading industrialized nations on Tuesday told leading tech and social media companies to ramp up efforts to combat the spread of extremism, a top Canadian official said. G7 security ministers raised their concerns during a Toronto meeting with Facebook, Twitter Inc, Alphabet Inc's Google and Microsoft Corp, said Public Safety Minister Ralph Goodale.
Other members of the FAANG group of tech stocks that include Amazon.com Inc, Facebook Inc , Netflix Inc and Apple Inc also tracked that move lower. "There is regulatory risk, though we have yet to find evidence that regulations will adversely impact the usefulness of Google for consumers or advertisers," RBC analysts said.