|Bid||1,119.33 x 1200|
|Ask||1,121.38 x 800|
|Day's Range||1,116.72 - 1,139.30|
|52 Week Range||977.66 - 1,291.44|
|Beta (3Y Monthly)||1.21|
|PE Ratio (TTM)||25.62|
|Earnings Date||Apr 22, 2019 - Apr 26, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||1,346.26|
Investing.com - Stocks finished mixed on Thursday as tech stocks gained and the broader market was pushed and pulled by weak economic data and the prospect of the U.S. government avoiding another shutdown.
Regulators are hitting the likes of Alphabet Inc.’s Google and Facebook Inc. with a flurry of antitrust fines and data-privacy probes, implying that they regard tech billionaires as more John D. Rockefeller than Nikola Tesla. The end-game, according to Brussels’ top data watchdog, is to make sure new startups aren't blown out of the water by Big Tech (or gobbled up), which should ultimately benefit consumers by allowing them more choice. Tackling this so-called “kill zone,” where fledgling tech companies are acquired or copied out of existence by deep-pocketed incumbents, is a prime ambition for European Data Protection Supervisor Giovanni Buttarelli, nicknamed “Mr GDPR” after the data-privacy law.
New Zealand's government announced plans on Monday for a new tax targeting online giants like Google and Facebook that earn plenty of money in the country but pay little tax. Prime Minister Jacinda Ardern said there's a gap that needs to be closed. "Our current tax system is not fair in the way that it treats individual taxpayers and the way that it treats multinationals," she said.
London-based GoCardless processes direct debit payments on behalf of businesses. The fresh capital will be used to help GoCardless expand its payments product to the U.S. British online payments start-up GoCardless has landed a $75 million investment backed by U.S. tech giants Alphabet GOOGL — the parent company of Google — and Salesforce CRM .
The financing is being led by Adams Street Partners, GV, formerly known as Google Ventures, and Salesforce Ventures, GoCardless said in a statement. Existing investors Accel Partners, Balderton Capital, Notion Capital and Passion Capital are also participating.
Many tech companies pay stock dividends to their shareholders, but the parent company of Google isn't one of them—despite pressure from investors.
After years without a challenge, the company is seeing its graphic processors meet a new wave of competition. That could spell bad news for investors.
Facebook and Google have made big splashy deals, but the largest acquisitions of late have been in the enterprise. GitHub, Red Hat, CA and MuleSoft were all acquired last year. While big internet companies like Facebook FB and Google GOOGL have been fairly quiet of late on the deal-making front, business software vendors have kept bankers quite busy.
Google recently signed its first green deal in Asia, a solar project to be built above fishing ponds in Taiwan. Building solar projects over water is becoming more common in Asia due to population density and competition for available land. Worldwide, the floating solar market could reach 400 gigawatts, according to the World Bank.
Apple's stock had risen 436% in the five years preceding that dinner. After everyone gave an answer, the seasoned chip executive confidently predicted Apple's stock would actually be lower in five years' time, not higher. The executive was wrong, however: Apple shares went on to double in the ensuing five years.
An HQ2 fiasco, a multibillion-dollar divorce -- is Amazon's armor starting to show some cracks? Politicians and activists who opposed the facility cheered Amazon's sudden exit as others bemoaned the loss of up to 25,000 jobs and associated tax revenues. "I think they got lucky, in that New York City looks so bad," said Allen Adamson, co-founder of Metaforce and a professor at NYU's Stern School of Business.
There are two ticker symbols for Alphabet Inc. on the NASDAQ stock exchange: GOOG and GOOGL. The short answer is a stock split, but a longer answer is an attempt by the co-founders of Google, Sergey Brin and Larry Page, along with company chairman Eric Schmidt, to retain as much control of the company as possible. The two tickers represent two different share classes: A (GOOGL) and C (GOOG).
WASHINGTON (AP) — An internal team at the Census Bureau found that basic personal information collected from more than 100 million Americans during the 2010 head count could be reconstructed from obscured data, but with lots of mistakes, a top agency official disclosed Saturday.
Apple just brought on a new leader for its home unit. That could help the company compete against its rivals Amazon and Google.
Google-parent Alphabet continues to keep YouTube financials a guessing game. Google may well be the least transparent of the FANG stocks, which also include Amazon, Facebook and Netflix.
A lot of super-geniuses who loved Nvidia (NASDAQ:NVDA) at $280 per share seemed to hate Nvidia stock at its pre-earnings report price of $150 per share. That's not the way this game is played …It is true that NVDA has had a rough time lately. The bitcoin boom became a bitcoin bust, crimping demand for Nvidia's fast graphics chips that powered bitcoin "mining" devices. Nvidia's revenue peaked at $3.2 billion in the quarter that ended last April. Its top line, expected under $2.4 billion, came in at $2.21 billion when NVDA reported earnings Thursday.That's down 24% from year-ago levels, but the rest of the demand equation for Nvidia looks sound. The company is still making money, posting a per-share profit of "just" 92 cents per share, around $567 million. That's slightly less than the $614 million Nvidia made for all of 2016.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Watch the DogDon't name your dog for a stock. You may end up kicking the dog when the stock falls. Worse, you may fall in love with the dog and refuse to sell the stock when it's overpriced. What is happening with Nvidia stock is part of the normal ebb-and-flow of technology, which is no longer a boom-and-bust cycle but a boom and less boom one. * 10 Hot Stocks Leading the Market's Blitz Higher The primary uses for Nvidia graphics chips are in game machines. Gamers have been anxiously awaiting these lower prices. Nvidia is also now targeting laptop gamers. The second big market is cloud data centers.Graphics are part of the current cloud upgrade cycle, in which these centers get faster front-ends to handle new artificial intelligence applications. There are more graphically intense user interfaces, augmented reality (AR) and virtual reality (VR), to support, as well as self-driving cars and self-diagnosing machines that need these chips.This market is not slowing down. Cloud capex rose 53% in 2018. There are now over 420 such centers with over 100 more in the pipeline. All these centers will upgrade to support AI. They're going to be attracted to cheaper chips, like those Nvidia is now selling.The cloud is the server side of modern computing. Intelligent devices are the client side. These include things like manufacturing robots, health care devices, and other products that deliver the benefits of AI, AR and VR.These markets are also continuing to grow. The Momentum GameIndex funds and ETFs magnified the impact of the bitcoin bust.Once a stock falls, selling by machines matching the market accelerates the fall. Falling price targets become self-fulfilling prophecies. You beat these sudden swings through patience, making time your friend.Right now, you get NVDA stock for a price-earnings ratio of 21, slightly below the average S&P 500 stock. NVDA also had over $7.4 billion in cash on its balance sheet. It's reasonable to expect its development efforts to continue.How long will the trough in demand last? It may already be ending. bitcoin was always a sideshow. AI is the real show. Nvidia is still a leader in AI.As revenue starts to grow again, Nvidia will be facing more competition for cloud contracts from Cloud Czars like Alphabet (NASDAQ:GOOGL) Microsoft (NASDAQ:MSFT) and Amazon.Com (NASDAQ:AMZN). They have been designing and producing their own graphics chips and software for processing graphics.But the czars are not the only clouds in the sky. The hybrid cloud model has taken off among enterprises, which are building their own data centers and connect to the new ecosystem. Bottom Line on NVDA StockA smart investor will sell when everyone else is screaming buy and buy when everyone else is screaming sell. They will have the patience to let the machines panic and move in after they settle down.Nvidia stock bottomed near the end of January, at around $131 per share. NVDA stock has risen about $15 from there.The price is reasonable, the prospects good. Your patience will be rewarded.Dana Blankenhorn is a financial and technology journalist. He is the author of a new mystery thriller, The Reluctant Detective Finds Her Family, available now at the Amazon Kindle store. Write him at firstname.lastname@example.org or follow him on Twitter at @danablankenhorn. As of this writing he owned shares in MSFT and AMZN. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * Should You Buy, Sell, Or Hold These 7 Medical Cannabis Stocks? * 7 Strong Buy Stocks With Over 20% Upside * 7 Reasons Stock Buybacks Should Be Illegal Compare Brokers The post Don't Regret Buying Nvidia Stock Twice appeared first on InvestorPlace.
Subscribe to the Fintech Focus newsletter to get a roundup of industry news delivered to your inbox weekly, and check out upcoming programming at Benzinga events. In this episode of the Fintech Focus podcast, we chat with Ana Sirbu, Chief Financial Officer of BlueVine. Ana previously worked at UBS and Google Capital where she headed up fintech investing, which got her introduced to her new company, a fintech lender that focuses on offering financing for small- and medium-sized companies.
(Bloomberg Opinion) -- As expected, President Donald Trump announced that he’s declaring a national emergency so he can transfer money not appropriated by Congress to build a wall along the Mexico border.
The urban innovation unit of Alphabet Inc. and sister company to Google is proposing to speed up its plans to redevelop 350 derelict acres on the city’s waterfront in return for a cut of property taxes, development charges and increased land values. New York-based Sidewalk is offering to finance the infrastructure required to get the project off the ground, including a light-rail line, in return for a slice of the proceeds, which it estimates could be about C$6 billion ($4.5 billion) over the next 30 years. The proposal, which includes a new Google campus, builds on Sidewalk’s 2017 plan for a 12-acre redevelopment that envisioned a mecca of green energy, self-driving technology and 3,000 housing units all connected by digital sensors.