|Bid||1,077.14 x 800|
|Ask||1,078.05 x 800|
|Day's Range||1,073.65 - 1,087.99|
|52 Week Range||894.79 - 1,186.89|
|PE Ratio (TTM)||59.96|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
General Electric, Alphabet and Xerox are the Yahoo Finance charts of the day.
It's the most popular long stock position among the hedge funds.
Advertising is big business globally – economists predict that the global advertising spend will jump from $534.8B in 2017 to $557.99B this year to mark a consistent 4.3% annual growth rate over the last couple of years. Digital advertising is gradually becoming the biggest segment of the advertising market as media agency Magna forecasts that […]
Facebook, Twitter and Akamai forged proper handles last week as the stock market dipped. Twitter tried to break out Monday. Google-parent Alphabet, Alibaba are working on handles.
The Berkeley, California-based Semantic has adopted a unique approach to AI—it uses machine learning to add the relevant context to the conversations involving chatbots. For instance, it is easy to fire up the virtual assistants like Siri, Cortana or Google Assist on your device and ask for a weather report, play a song or send a text message.
Here are some things going on today in the world of tech: Shares of Snap (SNAP) are up 23 cents, or 2%, at $10.82, after Michael Nathanson with the boutique MoffettNathanson research house raised his rating on the shares this morning to Neutral from Sell. Nathanson concluded “several factors could potentially improve Snap’s situation throughout the year, including the redesign of the app redesign, completion of the shift to a programmatic advertising model, launch of the new Android app, and a leaner organizational structure." Nathanson thinks it’s time to unwind the short thesis given what could be an improving story for the stock. After cutting his estimates for this year’s revenue by 40%, to $1.17 billion, he finds the stock is “still crazy expensive at 12 times 2018 revenue,” but that as the company “reverses” its “ill-conceived redesign, user growth will improve which could help the narrative." Shares of memory-chip technology firm Micron Technology (MU) are up $1.96, or almost 4%, at $55.35, after the company this morning hiked its quarterly outlook for revenue and profit well above what it predicted back on March 22.
Based on where things stand today, it's unlikely that the EU's ongoing antitrust cases against Google will do serious damage to its top line. Back in 2016, the European Commission (EC) charged Google with abusing its search dominance to bolster its own shopping search engine (Google Shopping) relative to rival platforms, as well as to demand unfair advertising terms from third-party websites that integrate Google Search via the AdSense for Search program. Notably, it also accused Google of abusing Android's market position by (among other things) demanding that smartphone and tablet OEMs make Google the default search engine on their phones in order to have access to the Play Store.
President Trump is reportedly growing increasingly worried about the upcoming summit with Kim Jong-Un. Yahoo Finance’s Alexis Christoforous, Melody Hahm and Ethan Wolff-Mann discuss what it means.
The US and China are pausing the latest tariffs after agreeing to a framework for trade talks. Yahoo Finance’s Alexis Christoforous, Melody Hahm and Ethan Wolff-Mann have more.