|Bid||1,182.58 x 1100|
|Ask||1,182.96 x 1100|
|Day's Range||1,151.00 - 1,183.53|
|52 Week Range||915.31 - 1,198.00|
|PE Ratio (TTM)||50.06|
|Earnings Date||Jul 23, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||1,264.51|
Monday, June 18: China retaliates against Trump’s tariffs; Google invests $550 million in Chinese e-commerce giant JD.com, Etsy jacks up seller fees, stock soars. Yahoo Finance’s Dan Roberts kicks off your week in business news.
Google invests in JD.com as the companies look to take on Amazon and Alibaba. Yahoo Finance's Seana Smith, Andy Serwer and Julia La Roche discuss.
With just a few clicks, you could better arm yourself against hackers and block advertisers from tracking you online. An easy way to block these attacks: Change the Domain Name System (DNS) that your computer uses. Most computers connect to the DNS that’s automatically set by their internet service providers, but there are safer alternatives.
Earlier in the series, we discussed Oracle’s (ORCL) position in the IaaS (infrastructure-as-a-service) and PaaS (platform-as-a-service) spaces and compared its market share, revenue, and growth rate to those of its peers. Oracle’s PaaS and IaaS cloud offerings revenue, despite being at a smaller base of ~$416 million, has grown less than the revenues of top players such as Amazon (AMZN), Microsoft (MSFT), and Google (GOOG). While Google has reported growth of 120%, Microsoft’s cloud offerings have grown 98% on a YoY (year-over-year) basis.
The two companies described the investment announced on Monday as one piece of a broader partnership that will include the promotion of JD.com products on Google's shopping service. JD.com's U.S.-listed shares rose 1.2 percent to $44.10 on the Nasdaq on Monday. JD.com's investors include Chinese social media powerhouse Tencent Holdings Ltd , the arch-rival of Chinese e-commerce leader Alibaba Group Holding Ltd (BABA.N), and Walmart Inc (WMT.N).
Stocks decline sharply on Monday as investors react to last week's escalation in the ongoing trade war between Washington and Beijing.
The two companies described the investment announced on Monday as one piece of a broader partnership that will include the promotion of JD.com products on Google's shopping service. JD.com's U.S.-listed shares rose 1.2 percent to $44.10 on the Nasdaq on Monday. JD.com's investors include Chinese social media powerhouse Tencent Holdings Ltd, the arch-rival of Chinese e-commerce leader Alibaba Group Holding Ltd, and Walmart Inc.
Inc.’s Google in the coming weeks will fix a security flaw which could expose the location of people using a Google Home or Chromecast device, KrebsOnSecurity reported Monday. An authentication weakness in those devices enables users to ask Google for a list of nearby wireless networks, then send that list to Google’s location lookup services, according to KrebsOnSecurity. The Pentagon has empowered U.S. Cyber Command to conduct regular raids on foreign computer networks to stifle cyberweapons before they are used, according to the New York Times.
Apple, Tesla, Google-parent Alphabet and Boeing are big-cap, brand-name stocks that are trading around buy points. But they have pros and cons. Time to hit the charts.
JD.Com(ADR) (NASDAQ:JD) has started showing signs of a revival. The $550 million investment by Alphabet Inc (NASDAQ:GOOGL, NASDAQ:GOOG) serves as the latest sign of this comeback. Although JD stock took a massive hit over the last four months, the equity has enjoyed a tremendous comeback in June. Compared with Amazon.com, Inc. (NASDAQ:AMZN), it serves a larger home market with a more built-out infrastructure at a lower valuation.