|Bid||1,150.56 x 800|
|Ask||1,150.76 x 800|
|Day's Range||1,148.00 - 1,158.36|
|52 Week Range||970.11 - 1,289.27|
|Beta (3Y Monthly)||0.99|
|PE Ratio (TTM)||28.85|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||1,275.00|
Facebook investors should really be paying attention to what regulators are saying about the company right now.
Google and its flagship search portal opened the door to the possibilities ofhow to build a business empire on the back of organising and navigating theworld's information, as found on the internet
It was a big day in Washington for the top names in Tech. Yahoo Finance Tech Editor Dan Howley joined 'The Final Round' to discuss.
Facebook defending its crypto plans on Capitol Hill amid concerns regarding regulation. Yahoo Finance's Seana Smith and Jess Smith and Applico CEO & Portfolio Manager of WisdomTree ‘PLAT’ ETF Alex Moazed discuss.
This spring Alphabet subsidiary Wing LLC became the first drone deliverycompany to receive FAA certification, and the company has successfullylaunched drone delivery service in Australia and Helsinki
Over the last few quarters, big tech companies have been under the scanner. There are issues ranging from monopoly to handling customer data.
FaceApp has gone viral again with a feature that makes users look elderly, but experts say it may pose security concerns.
A wave of quarterly reports from Netflix and other top-tier, high-growth companies starting on Wednesday will test Wall Street's willingness to extend a recent rally driven by expectations of lower interest rates. Facebook, Amazon and Google-owner Alphabet , all part of the so-called FANG group of widely held stocks, have jumped over 5% so far in July, with investors increasingly willing to bet on the volatile names thanks to expectations the Federal Reserve will cut rates later this month by as much as half a percentage point to support economic growth. The FANG companies, combined with investor favorites Apple and Microsoft, account for about 17% of the S&P 500's $26 trillion market capitalization, making reaction to their quarterly results key to Wall Street sentiment.
The Palo Alto company that promises to dramatically reduce the amount of manual labor involved in Big Data raised $19 million and came out of stealth on Wednesday.
On a new crusade against Google, tech investor Peter Thiel found a sympathetic audience this week with President Donald Trump, who vowed to investigate the tech investor's unsubstantiated claims that Google may have committed “treason” by working with Chinese authorities.
The market is in the midst of second-quarter earnings season. This week, the bulk of reports are coming courtesy of blue-chip companies, but traders waiting on more exciting growth fare will not have to ...
Google was one of the first companies to popularize free food for its employees, and now serves tens of thousands of gourmet meals across the globe every day. But that perk apparently didn’t make it to a new office in San Jose that’s staffed by contractors.
Tech’s day of reckoning Tuesday on Capitol Hill started with skepticism about Facebook Inc.’s proposed digital currency, and ended with a spirited debate over charges of anti-conservative bias on Alphabet Inc.’s Google search. In between, the industry’s big four took some body blows from both political parties.
The latest government scrutiny could even end up being a long-term positive for Facebook, Amazon, Apple and Alphabet, says analyst Dan Ives.
(Bloomberg) -- Two years ago, an Arizona State University professor made waves with a study showing all the wealth created by U.S. stocks is the result of gains in a weirdly small group of companies. Now he’s back with an update that shows the situation is no cheerier in the rest of the world.Hendrik Bessembinder, a 62-year-old researcher in financial market design, and his team sifted through about 62,000 stocks traded in more than 40 countries between 1990 and 2018. Their finding: about 60% were such duds they did worse than one-month U.S. Treasury notes. The proportion was even greater than in the initial study, which focused on the U.S.The findings have implications for everything from wealth creation to the math measuring investor skill, but got the most notice in the active-vs-passive debate. Since big gains are so rare and yet so crucial to overall returns, it helps explain why stock pickers struggle to keep up with indexes.“It is historically the norm in the U.S. and around the world that a few top-performing companies have great influence over how the market does overall,” Bessembinder, a professor at the W.P. Carey School of Business at Arizona State, said by phone. “It’s the norm and I expect it to be the case in the future.”It’s the observation that so few do so much for so many when it comes to the generous gains offered by share indexes. While the equity market as a whole created over $44 trillion in shareholder wealth between 1990 and 2018 and beat Treasury notes, the total is reliant on gigantic, compounding returns from a just a handful of companies, the report says.By themselves, Apple Inc., Microsoft Corp., Alphabet Inc., Amazon.com Inc. and Exxon Mobil Corp. accounted for more than 8% of global net wealth creation during the period. Most of the rest generated negative wealth.Investors have heard this refrain before, that just a scant few pull the pack. And it’s easy to see their outsize influence: Microsoft, Apple, Amazon.com and Facebook Inc. account for more than 20% of the S&P 500’s returns this year. That number is even starker for the tech-heavy Nasdaq 100, for instance, where those four companies account for about 50% of gains.But Bessembinder and his team, including two co-authors from Hong Kong Polytechnic University and Goeun Choi of Arizona State, are among the first to look at the phenomenon long-term. The best-performing 306 firms accounted for about three-quarters of global net wealth creation during the 28-year period of the study, they found. Just 811 companies could be framed as accounting for all of it.Their findings echo Bessembinder’s previous work. In looking at nearly nine decades of U.S. stock and bond performance, he found that out of 26,000 stocks, about 58% underperform Treasury bills in their lifespan.To contact the reporter on this story: Vildana Hajric in New York at firstname.lastname@example.orgTo contact the editors responsible for this story: Jeremy Herron at email@example.com, Chris NagiFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
US President Donald Trump has once again put Google in his crosshairs, saying on Tuesday that his administration would look into what he claimed were "seemingly treasonous" ties between the tech giant and China.The statement, tweeted by Trump on Tuesday morning, came after Silicon Valley investor Peter Thiel said on Sunday that Alphabet's Google unit was working with the Chinese government instead of the US military and called for the FBI and CIA to investigate the company.Google denied again on Tuesday that is was working with the Chinese military. Photo: Reuters alt=Google denied again on Tuesday that is was working with the Chinese military. Photo: ReutersThiel, who is a Trump campaign donor and also a Facebook board member, made his remarks in a speech at the National Conservatism Conference in Washington."Billionaire Tech Investor Peter Thiel believes Google should be investigated for treason. He accuses Google of working with the Chinese Government," Trump wrote on Twitter, adding, "The Trump Administration will take a look!"In the tweet, Trump described Thiel, one of his top Silicon Valley supporters, as "a great and brilliant guy who knows this subject better than anyone".In a response on Tuesday, Google said in an email: "As we have said before, we do not work with the Chinese military. We are working with the US government, including the Department of Defence, in many areas including cybersecurity, recruiting and health care."Trump's tweet came about an hour after a news clip on the Fox News Channel's "Fox & Friends" show featured Thiel's comments. In a separate interview on Fox on Monday, Thiel suggested that Chinese security services had likely infiltrated Google as it works on an artificial intelligence (AI) project in the country. He did not provide any evidence to support his claims."If you say you're building a Manhattan Project for AI, don't you think that would attract the interest of foreign intelligence agents?" Thiel said on Fox's "Tucker Carlson Tonight" show, adding that he thought the Chinese were competent enough that the Ministry of State Security was likely to have infiltrated Google.Last year, Google faced criticism over its plans to create a censored search engine for China under a project code-named Dragonfly. The investigative website The Intercept reported that the plan was put on hold by after protests by human rights activists and the tech giant's own employees.Google's search engine retreated from mainland China in 2010 amid a major hack of the company and disputes over censorship of search results. But like other Western tech giants, Google has tried to maintain its Chinese foothold in case the market opens up.It launched an AI centre in China at the end of 2017, the first facility of its kind in Asia, which it said was "focused on basic AI research". AI is a controversial dual-use technology that has reportedly been used in Chinese military drones that can conduct targeted strikes without a human making the decision to fire.Trump's tweet caught the attention of Hu Xijin, chief editor of Global Times, a state-controlled Chinese tabloid. "The US has set so many political rules for businesses," Hu said. "This company is patriotic; that company commits treason."This article originally appeared in the South China Morning Post (SCMP), the most authoritative voice reporting on China and Asia for more than a century. For more SCMP stories, please explore the SCMP app or visit the SCMP's Facebook and Twitter pages. Copyright © 2019 South China Morning Post Publishers Ltd. All rights reserved. Copyright (c) 2019. South China Morning Post Publishers Ltd. All rights reserved.