|Bid||1,218.78 x 1200|
|Ask||1,219.27 x 1000|
|Day's Range||1,204.03 - 1,226.94|
|52 Week Range||918.60 - 1,291.44|
|PE Ratio (TTM)||52.64|
|Earnings Date||Oct 24, 2018 - Oct 29, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||1,375.58|
Google's CEO says the company is not close to launching a search product in China. Yahoo's Seana Smith, Andy Serwer, Jen Rogers, and Dan Howley discuss.
Back at CES in January, Google put on a big show with the launch of a new product category designed to take on Amazon’s Echo Show and Spot. Google itself, on the other hand, was conspicuously absent. The company seemed content to rely on third-party hardware makers to do the heavy lifting in taking on Amazon.
Sundar Pichai, the CEO of Google, spoke with its employees about the possibility of the company closing to launch a search engine in China. Yahoo Finance’s Alexis Christoforous, Rick Newman and Dan Howley discuss that and more.
Google has morphed into a serious hardware company. It's set to launch new Pixel 3 phones , Pixel Buds and a wearOS smartwatch, and currently sells lines of Daydream VR headsets, Pixelbooks, Home, Chromecast and Nest products. With all that, it's hard to believe Google has never had a retail store, but that might change soon.
Google periodically refines its search functionality to provide better -- or more necessary -- information. If you use it to look something up now, you'll see something new: A panel with basic details and a slew of subtopics contextually relevant to your inquiry. A Google Search product manager provided an example in a post on the new functionality.
Inc.’s Google, that transition from youthful idealism to crusty, middle-age realism is in full swing. The latest evidence of Google’s pragmatic side is its Dragonfly project, a version of its search engine that would conform to China’s strict censorship, so that Google can bring search back to that country after abandoning it in 2010. In the past year, Google’s leadership had to rapidly backpedal from the company’s attempt to work with the Department of Defense on projects to enhance weapons targeting—and the decision to back out met with criticism as well.
Early in 2011, two top engineers for Google traveled together to Detroit on what amounted to a diplomatic mission. In meetings with a prime parts supplier to the car makers and then with the senior leadership of a major auto company, the pair gave presentations on their vehicle’s capabilities, the number of miles it had driven and the broad strokes of how their self-driving software saw the road. The reaction, they say, was utter disinterest—and dismay that they were experimenting on public roads rather than on a test track.
Maddening, that may be the only way to describe International Business Machines (NYSE:IBM) to a would-be buyer of IBM stock. Fiscal progress is evident, but is unfurling so slowly it’s difficult to determine if Big Blue is doing better, if it’s just inflation at work or a bit of both.
There is life after net neutrality…for the biggest Internet Service Providers …which are also the biggest cable providers. The strategy of companies like AT&T (NYSE:T), Comcast (NASDAQ:CMCSA) and Verizon Communications (NYSE:VZ) are now clear. Bundle “free” programming in with Internet service, and then raise the price of the Internet service to compensate.
Apple (AAPL, $209.75) has been on an incredible run over the past decade, shooting nearly 1,200% higher and becoming the first American company to reach a trillion-dollar market capitalization. And when you look back at its meteoric rise, it's unquestionably tied to a tireless march of blockbuster Apple products. Year after year, Apple's biggest quarter is traditionally its fiscal Q1 (ending in December), when the company reaps the rewards of its fall releases -- led by new iPhones and other products -- and holiday sales. This fall is shaping up to be a pivotal one for Apple, and AAPL stock as the company tries to make a meaningful move above $1 trillion in market cap. Naturally there will be new iPhones, but Apple is rumored to be making some other big moves after the iPhone X's 2017 launch was met with mixed results. The company also could open the floodgates across multiple product lines; if even half these new Apple products hit shelves for the holiday shopping season, the next Q1 report could be incredible. Here are 11 new Apple products to expect this fall - from sure bets to long shots. SEE ALSO: 10 Apple Products That Changed Everything (And 10 That Didn't)
Nascent healthcare start-up Oscar Health made headlines recently when tech giant Alphabet (NASDAQ:GOOGL) poured $375 million into the company in exchange for a 10% stake. For Alphabet, that is pocket change. In short, Oscar Health is trying to revolutionize the presently broken healthcare system by leveraging data to better understand customers, and create optimized and personalized healthcare solutions for those customers.
Notorious short-seller Citron Research has turned bullish on Twitter (TWTR) stock only a few months after claiming that the stock was primed for a decline due to the challenges it predicted for Twitter’s high-margin data licensing business.
In a first, internet search giant Google, part of Alphabet Inc. ( GOOGL), is planning a two-level store in Chicago’s Fulton Market district, according to the Chicago Tribune. Google will lease the former spaces of longtime area restaurants Jaipur and Perez. Beyond its online offerings, Google’s physical product list now includes smartphones, tablets, Chromecast smart dongles, thermostats, home security systems and the speaker-based virtual assistant systems called Google Home.
The stock trades with a trailing P/E of 39, but with that sort of growth that is not an excess multiple. The big issue that Nvidia investors much consider is whether this is a cyclical stock that is hitting a peak multiple or is this a growth name that will continue to grow revenues and EPS at an accelerating pace regardless of the economy. Presently the EPS growth projection for Nvidia's fiscal year ending January 2020 is 9%.
Around 1,400 Google employees are protesting the company's project to develop a censored search engine in China, according to a report in the New York Times. Kiet Do of CBS station KPIX-TV reports.