|Day's Range||258.00 - 258.30|
The video shows Pelosi appearing to slur her words and stammer, as if drunk or mentally incapacitated. In reality, someone had taken a clip of Pelosi, in which her speech was normal, and altered its speed and the tone of her voice to create the effect. Some prominent Republicans, including Trump lawyer Rudy Giuliani, shared the video of the California Democrat on social media.
Chuck Robbins minces no words in describing how he took the baton from Silicon Valley legend John Chambers and began to radically remake Cisco Systems Inc.: “The last quarter before I took over was a record for revenue, but I said we were going to change everything,” Robbins told MarketWatch.
Slack Technologies Inc. is looking for a better direct-listing fate than Spotify Technology SA. The music-streaming service reminded tech unicorns late last year that companies don’t have to issue new shares or raise money through a traditional offering if they wish to go public, and now Slack is following in its footsteps. The business-chat company filed direct-listing paperwork on Friday.
The world's top 10 technology names include seven American names, but you'll find a couple of Chinese companies and a Korean conglomerate on the list, too.
After two previous stints, I’ve come back to write about Silicon Valley and investments again. One thing is clear: I have a lot of catching up to do.
Plenty of Wall Street analysts have weighed in on Apple, Inc. (NASDAQ: AAPL )’s exposure to the U.S. trade war with China. On Friday, one analyst said Alphabet, Inc. (NASDAQ: GOOG ) (NASDAQ: GOOGL ) could ...
The acronym FANG refers to four high-growth internet stocks. (Sometimes they're called FAANG stocks.) Here's what investors should know about FANG stocks and why they might be worth a look.
For better or worse, Google Glass is back. Parent company Alphabet (GOOG)(GOOGL) has announced a new version of its augmented reality glasses, priced at $999 per headset and targeting businesses instead of consumers.
Google Reacts to Amazon as Facebook Is Called to Tame CEO(Continued from Prior Part)Facebook registers Swiss fintech firmFacebook (FB) appears to be preparing for a fierce contest with PayPal (PYPL) and others for revenue in the technology-based
Google Reacts to Amazon as Facebook Is Called to Tame CEO(Continued from Prior Part)Google expands Pixel smartphone distributionAmazon (AMZN) has joined the list of distributors of Google’s (GOOGL) new Pixel 3A and Pixel 3A XL smartphones,
The bullish SOXL tries to deliver triple the daily returns of the PHLX Semiconductor Sector Index (XSOX) while the bearish SOXS attempts to replicate triple the daily inverse performance of that widely followed gauge of chip stocks. Broadcom Inc. (NASDAQ: AVGO), Intel Corp. (NASDAQ: INTC), Qualcomm Inc. (NASDAQ: QCOM) and Xilinx Corp. (NASDAQ: XLNX), all top 10 holdings in the index SOXL and SOXS track, are among US-based companies that previously supplied chips to Huwaei.
Stocks rebounded Friday as Boeing and Deckers Outdoor jumped and the Dow Jones Industrial Average fought to stave off a fifth-straight weekly loss.
Google Reacts to Amazon as Facebook Is Called to Tame CEO(Continued from Prior Part)Top talents shunning Facebook jobsAs unemployment levels have dropped to multiyear lows in the United States, so has interest in working for Facebook (FB). According
Google Reacts to Amazon as Facebook Is Called to Tame CEO(Continued from Prior Part)Probes focus on Android Alphabet’s (GOOGL) Google is facing antitrust probes in Italy and India that could result in massive fines. In Italy, the country’s
Ten years into the race to build self-driving cars, many developers, analysts and even venture capital firms say robot cars won't go mainstream for at least another decade, maybe longer.
Apple (NASDAQ: AAPL) and Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) are two of the four largest U.S. companies by market cap. Apple stock has taken a much larger hit than GOOGL stock during the May trade-war sell-off. However, long-term investors looking to buy the Apple dip should consider taking a close look at GOOGL stock first.Source: Shutterstock At first glance, there are several reasons why an investor looking to buy the dip might choose Apple stock. AAPL is down 11% in May compared to only a 1.8% pullback from Google. However, year-to-date, Apple is still up 18% overall compared to only a 10% gain from Alphabet stock. In fact, Alphabet stock price has actually lagged the S&P 500 so far in 2019.Still, from a pure valuation perspective, Apple looks like the better buy. Apple's forward earnings multiple is a relatively low 14.3 compared to Alphabet's 21.3. In fact, Apple has a lower forward earnings multiple than Facebook (NASDAQ: FB), Amazon (NASDAQ: AMZN), Netflix (NASDAQ: NFLX) or Microsoft (NASDAQ: MSFT) as well.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 6 Stocks to Buy for This Decade's Massive Megatrend Finally, Apple stock has one of the most pristine balance sheets on Wall Street. In addition to its cash pile of $225 billion, the company is committed to putting the cash to use. AAPL stock pays a 1.6% dividend.The company just authorized an additional $75 billion in buybacks. Management has also said it is committed to becoming "net cash neutral" over time. At the same time, GOOGL stock has no dividend and has only $12.5 committed to repurchases under its current buyback program. Apple Is Shrinking, Alphabet Is GrowingWhile Apple seems like a better value based on today's numbers, investing is about the future. In the most recent quarter, Apple's revenue was down 4.5% and net income was down 0.5% compared to a year ago. Alphabet, meanwhile, reported 17% revenue growth in the first quarter. Excluding a one-time fine by the European Commission, operating income was up 26% to $8.31 billion.Google stock was punished following its Q1 report because revenue growth was its slowest in three years, and its expenses continue to rise. Investors certainly shouldn't ignore those potential issues, as well as the possibility for additional regulation. But they should also not miss the forest for the trees.Apple bulls say the company will overcome an increasingly saturated smartphone market and return to growth in time. The plan is to shrink the iPhone refresh period and improving monetization of its existing customers. However, Google is already growing at a double-digit pace. More importantly, it does not derive the majority of its revenue from selling devices in a saturated market.Former Kase Capital Management hedge fund manager Whitney Tilson says he disagrees with his investing idol Warren Buffett when it comes to Apple versus Google."My money - unlike my investing hero, Warren Buffett - is on Alphabet significantly outperforming Apple in the long run because it has a better business model, is growing much faster, and is likely to continue doing so," Tilson says. Alphabet Stock Is Safer Than Apple StockTech investors should consider why they like tech in the first place before buying the May dip. Apple is a great company. Apple is a safe, solid long-term investment. But tech investors aren't typically looking for a blue chip company with a nice dividend yield and relatively stable earnings. That's why investors don't typically lump Microsoft in with discussions of the FANG stocks.Investors looking for a defensive tech bet in a diversified portfolio can sleep well at night owning Apple. However, Tilson says investors looking for better performance over the long-haul have a better choice staring them in the face."To be clear, both are insanely great companies and I think Apple's stock will also do well going forward - just not as well as Alphabet's," Tilson says.The Alphabet stock price will continue to benefit from several long-term secular trends. The digital transformation of the advertising and retail businesses are the biggest. The company also has several "wild card" growth projects under its wing, including its Google Cloud and Waymo autonomous vehicle technology subsidiaries.Technology investors looking for stable capital returns at the expense of growth should buy AAPL stock. Investors looking for massive growth numbers and a sky-high valuation should buy NFLX stock. But long-term investors looking for the best value-growth combo should consider GOOGL stock as a core holding.As of this writing, Wayne Duggan did not hold a position in any of the aforementioned securities. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 6 Stocks to Buy for This Decade's Massive Megatrend * The 7 Best Stocks to Buy From the IPO ETF * 7 Athletic Apparel Stocks With Marathon Pace Compare Brokers The post Why Buy Apple Stock When Alphabet Is So Much More Attractive? appeared first on InvestorPlace.
FANG stocks are in correction as trade tensions hit tech. How to trade the tech slump. With CNBC's Scott Wapner and the Fast Money traders, Tim Seymour, Karen Finerman, Steve Grasso and Dan Nathan.
Steve Milunovich, Wolfe Research managing director, and Brent Thill, equity analyst at Jefferies, join CNBC's "Squawk Alley" team to discuss FAANG stocks and their performance in the market.