|Bid||1,046.90 x 800|
|Ask||1,050.80 x 800|
|Day's Range||1,049.54 - 1,071.72|
|52 Week Range||984.00 - 1,291.44|
|Beta (3Y Monthly)||1.33|
|PE Ratio (TTM)||39.47|
|Earnings Date||Jan 30, 2019 - Feb 4, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||1,349.28|
In recent months, pressure has been mounting for major tech firms to develop strong policies regarding facial recognition. Microsoft has helped lead the way on that front, promising to put in place stricter policies, calling for greater regulation and asking fellow companies to follow suit. Hidden toward the end of a blog post about using artificial intelligence to benefit health clinics in Asia, Google SVP Kent Walker affirmed the company’s commitment not to sell facial recognition APIs.
Here's how NVIDIA, Alphabet, Amazon and Microsoft are getting ready for -- and already benefiting from -- this transformational tech.
S&P 500 companies are poised to deliver a 22% gain in earnings this year, leaving the benchmark index trading at 15 times forward earnings. For investors looking to next year, an important issue is whether to go with defensive stocks (utilities, real estate investment trusts, health-care companies, and consumer staples), economically sensitive issues (banks, retailers, and industrials), or growth stocks (mostly in technology). Value managers see some of the best opportunities in years, and most of our stock picks trade for 10 times forward earnings or less.
Tech stocks have struggled in recent months, but the big drivers haven’t changed. Here are stocks benefiting from the multi-year disruptive trends.
Plans submitted to the city for an 18-story, 800-bed co-living development in San Jose near where Google is aiming to build a massive new tech campus shed light on StarCity's first South Bay development. The venture-backed startup has developed a brand in the Bay Area for making “dorm living for adults.”
Spotify (SPOT) announced last month its plan to repurchase up to $1.0 billion of its shares by April 2021. Facebook in April added $9.0 billion to its share repurchase program, and Alphabet in February announced a fresh $8.6 billion share repurchase program. Alibaba has lined up $6.0 billion for share repurchases for the next two years, while eBay exited the third quarter with $4.7 billion remaining under its existing share repurchase authorization.
For example, VMWare posted a 24.5% gain in the first three quarters, almost doubling the return of the broader NASDAQ. Amid the NASDAQ's fall, the stock has only managed to hang out to a gain of just over 2% amid talk of a deal with soon to be public again Dell.
Alphabet’s (GOOGL) Google is shaking up its YouTube business in a fashion that suggests selling ads may be more lucrative than selling content subscriptions. The shakeup involves Google ending the practice of restricting access to YouTube original content to paid subscribers. There is a paid subscription service called YouTube Premium that costs $12 a month and offers ad-free access to all videos on YouTube plus exclusive access to originals.