1,269.00 +1.66 (0.13%)
After hours: 4:20PM EDT
|Bid||1,267.34 x 800|
|Ask||1,268.20 x 800|
|Day's Range||1,258.00 - 1,272.80|
|52 Week Range||977.66 - 1,291.44|
|Beta (3Y Monthly)||1.19|
|PE Ratio (TTM)||29.00|
|Earnings Date||Apr 29, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||1,357.42|
Google is making it easier for employees to file harassment and discriminationcomplaints by setting up a dedicated site for them to do so
Lululemon CEO Calvin McDonald sits down for an exclusive interview with CNBC's Sara Eisen to discuss the company's plans for menswear and more.
Mark May, Citi senior internet analyst, joins "Squawk on the Street" to discuss Facebook's earnings and why the company's innovation may be good for investors.
Revenue gained 17 percent from a year ago to $59.7 billion -- in line with the average estimate of analysts compiled by Bloomberg. The retailer has been buoyed in recent quarters by increasing sales in cloud-computing, digital advertising, and services for third-party sellers on Amazon’s retail site, all of which are more profitable than the company’s central online business. Chief Executive Officer Jeff Bezos for years pumped most of the cash generated from Amazon’s operations back into new initiatives.
Wall Street analysts gushed over yet another strong quarter from Microsoft Corporation (NASDAQ: MSFT) as investors pumped the computing giant’s stock even higher. Wedbush analyst Daniel Ives reiterated an Outperform rating on Microsoft, raising the price target from $150 to $155.
may be focused on its Portal device entering every living room, but with privacy issues persisting the question remains, will consumers feel comfortable with it? A smaller part of this thesis is that the company appears to be focused on is its Portal device. The device stands as one of the company's stalwart hardware efforts alongside the Oculus virtual reality device that the company acquired rights to in a $2 billion deal in 2014.
Google will not have to pay 1.1 billion euros ($1.22 billion) in back taxes demanded by French authorities, an appeals court in France ruled on Thursday, dashing the government's bid to overturn a 2017 decision. The latest ruling comes at a time France is trying to crack down on digital service giants and the tax they pay, with the planned introduction of a French levy and as it pushes for broader international reforms. The back tax case centres on a claim by the French finance ministry that Google had declared advertising revenue in Ireland which had actually been earned in France, thus avoiding paying corporate tax and value-added tax between 2005 and 2010.
If you use Google apps on your phone, Google keeps a log of everywhere you go with stunning detail. Here's how to stop Google from tracking your location and delete its log of where you've been.
Alphabet's (GOOGL) focus on artificial intelligence and cloud is likely to boost first-quarter results. However, higher expenses and litigation charges are headwinds.
Is it a good time to buy Google stock? Amid falling profit margins, the stock is a bet on market dominance, like its peers among other so-called FANG stocks: Amazon, Netflix and Facebook.
How Did eBay and Snap Fare in the First Quarter?(Continued from Prior Part)Snap’s daily users Internet giant Snap (SNAP) hit 190 million daily active users (or DAUs) in the first quarter and topped analysts’ estimate of 187.2 million. Snap’s
Facebook Gets Upgraded but Faces Concerns before Its Q1 Results(Continued from Prior Part)Analysts’ recommendationsOf the 47 analysts covering Facebook (FB), 37 recommend “buy,” nine recommend “hold,” and one recommends
The Time Warner acquisition made AT&T (NYSE:T) less of a phone company than Verizon Communications (NYSE:VZ) and more of an entertainment company. That is not its big problem.Source: Shutterstock This week, AT&T reported earnings of $4.1 billion, 56 cents per fully diluted share, on revenues of $44.8 billion. This included results from what AT&T now calls WarnerMedia, including HBO and CNN.Verizon reported earnings of $5.16 billion, $1.22 per share, on revenues of $32.1 billion. This included results from Verizon Media Group, the former AOL and Yahoo.InvestorPlace - Stock Market News, Stock Advice & Trading TipsInvestors roundly booed both sets of numbers, which came up short of previous estimates, sending Verizon down 2% and AT&T down 3%. Both companies had claimed they would get synergies from their diversification efforts. That's not happening. AT&T Dividend Threat?Analysts now see the 51-cent-per-share dividend at AT&T as severely threatened. Free cash flow of $5.9 billion for the quarter was below the $6.1 billion needed to keep the payout below 60% of earnings. The dividend currently yields 6.5%, but the stock is down about 7% from where it was a year ago.AT&T insisted the WarnerMedia deal isn't to blame for its problems. Its press release blamed a 544,000 loss of U-Verse cable television subscribers and an 83,000 loss of DirecTV satellite subscribers. Cord-cutting was behind the WarnerMedia buy, and that's accelerating.Wireless remains the AT&T cash cow, and the company did add 80,000 subscribers, while analysts had been forecasting a loss. But total revenue of the unit still missed estimates by $800 million, at $17.57 billion. * The 10 Best Cheap Stocks to Buy Right Now It's the balance sheet that is worrying analysts, since the company took on a lot of debt to get WarnerMedia, over the objections of the Trump Administration. AT&T is just starting to pay that debt, selling non-core assets like its space at Hudson Yards in New York and its stake in Hulu, the streaming service, for a total of $3.6 billion. It hopes to cut $20 billion in debt this year, and layoffs are planned. Verizon Cutting LossesVerizon, meanwhile, is focusing on 5G services, having nearly written off the cost of Yahoo, which it once saw as increasing its online ad sales efforts. Instead of buying entertainment, it is partnering with Alphabet's (NASDAQ:GOOG, NASDAQ:GOOGL) YouTube to attract streaming customers.Verizon's $4.3 billion of wireless investment brought it 61,000 new wireless subscribers during the quarter, with service revenues up 4.4%. Verizon's dividend yields just 4% but is considered safer than AT&T's.Verizon has its own debt issues, having bought out minority partner Vodafone for $130 billion five years ago. But at least now it's investing in a business it understands, and its market share in that segment is higher than AT&T's. The Big ProblemThe big problem for both companies lies in their wired infrastructure, an enormous technology debt. This is their heritage from the old AT&T monopoly, broken up in the 1980s but then rebuilt, mostly in the form of today's Verizon-AT&T duopoly.Despite having moved to get out of wireline services a decade ago, Verizon is still being hurt, even after its FiOS fiber investments made it a broadband competitor.AT&T has been trying to shut off its copper networks, saying no one uses them. The 2016 purchase of DirecTV was seen at the time helping it avoid upgrading those copper lines. The Bottom LineAT&T and Verizon have chosen different ways to pay off the 100 years of technology debt they inherited from the old Bell System.Verizon is doing it with wireless, AT&T wants to do it by combining wireless and entertainment. But falling wireline customer counts are dragging both stocks down.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 email@example.com or follow him on Twitter at @danablankenhorn. As of this writing he owned no shares in companies mentioned in this article. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Dividend Stocks That Could Double Over the Next Five Years * 6 S&P 500 Stocks Ready to Break Out * 5 Mining ETFs to Dig Into Compare Brokers The post Why AT&T and Verizon Are Starting to Struggle appeared first on InvestorPlace.
Sirius XM's (SIRI) first-quarter 2019 top-line benefits from Pandora acquisition, higher subscriber base and ARPU. High costs hurt the bottom line.
How Did eBay and Snap Fare in the First Quarter?Snap topped Q1 results Snap (SNAP) stock surged ~11% in after-hours trading on Tuesday after the social media giant beat analysts’ estimates in the first quarter of 2019. Snap closed up ~4% on Tuesday
Improvement in ad business as well as blistering growth trajectory in the cloud and, grocery and apparel segments bode well for Amazon's first-quarter results.
Netflix Updates: Price Hike, Cash Reserve, Facebook Board(Continued from Prior Part)Netflix’s appetite for cinemas Netflix (NFLX) is in talks to purchase Hollywood’s iconic Egyptian Theatre, according to media reports. The theatre opened in 1922
Facebook Gets Upgraded but Faces Concerns before Its Q1 Results(Continued from Prior Part)Facebook’s advertising revenue Facebook (FB) earns most of its revenue from its ad sales, which grew 30% YoY (year-over-year) to $16.6 billion in Q4
There's no denying that General Motors (NYSE:GM) stock is cheap. GM stock trades at about six times the low end of its 2019 earnings per share guidance range of $6.50-$7.00. The dividend yield of GM stock is about 4%, adding to the attraction of General Motors stock as a value name. * 7 Dividend Stocks That Could Double Over the Next Five Years The question is, when is the valuation of GM stock going to increase? GM is slated to report its first-quarter results on Tuesday morning, but that's unlikely to be much of a catalyst for General Motors stock. GM already has disclosed its unit sales for the quarter, so analysts' earnings estimates are likely to be relatively accurate.But beyond all that, the problem with GM stock is that investors don't really seem to care about what the company is doing in 2019. Investors' eyes are on the risks ahead, and it seems unlikely that GM can do anything on Tuesday to change their minds.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Earnings Expectations for GMAnalysts on average are predicting that GM's revenue fell 3% year-over-year in Q1, and there is justification for that estimate. At the beginning of the month, GM disclosed that its unit sales had fallen 7% year-over-year in the quarter. But helping to limit the size of the predicted year-over-year decline was the fact that GM's commentary around prices, particularly those of pickups, was positive.On the earnings front, analysts' expectations do seem a bit low. The consensus EPS estimate of $1.10 suggests a 23% year-over-year decline. On the Q4 earnings call, management predicted that GM's Q1 results would be relatively weak, citing the impact of a new SUV launch.Still, given the company's guidance for both pricing strength on higher-end models in Q1 and an improved performance by the expensive Cadillac brand, it does seem like GM's Q1 EPS could beat expectations.All that said, whatever the exact numbers, management is expecting relatively weak results. That alone is one reason not to expect too much of a reaction by GM stock to the report. Barring a change in GM's full-year guidance - which seems unlikely - investors aren't going to react strongly to the report. Indeed, the options markets are pricing in just a roughly 4% move in General Motors stock next week. Traders looking for fireworks might want to look elsewhere. The Longer-Term Question for GM StockThe broader question, however, is whether the automaker's 2019 performance can really move GM stock higher. GM has outperformed rival Ford Motor Company (NYSE:F) since returning to the public markets , but the gains of General Motors stock have been limited.Additionally, "peak auto" concerns continue to dominate sentiment toward the industry, as they have for years. On this site, Dana Blankenhorn argued that investors simply don't trust Ford stock; I'm not sure if their feeling towards GM is all that different.The industry on the whole has real challenges. Tesla (NASDAQ:TSLA) is pushing the sector towards electric vehicles, and European automakers like Volkswagen (OTCMKTS:VWAGY) and BMW (OTCMKTS:BMWYY) are following TSLA's lead. Autonomous vehicles could upend the entire industry, and in that category GM clearly is behind Alphabet (NASDAQ:GOOG,GOOGL) unit Waymo and Tesla (at least for investors who bought the hype of the latter company's Autonomy Day).The core issue for GM and GM stock is that automobile sales are likely to decline, not rise, going forward. And for GM's fixed-cost business model, that's a very real problem that suggests declining earnings and single-digit price-earnings multiples for GM stock.The argument over General Motors stock is basically an argument over whether those long-term concerns are valid or priced into the shares. As a result, it's going to take General Motors much more than one quarterly report to really change investors' outlook .As of this writing, Vince Martin holds a bearish position in Tesla options. He has no positions in any other securities mentioned. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Dividend Stocks That Could Double Over the Next Five Years * 6 S&P 500 Stocks Ready to Break Out * 5 Mining ETFs to Dig Into Compare Brokers The post Will Earnings Even Matter for General Motors Stock? appeared first on InvestorPlace.