23.78 -0.03 (-0.13%)
After hours: 6:50PM EST
|Bid||23.65 x 400|
|Ask||23.81 x 100|
|Day's Range||23.36 - 23.86|
|52 Week Range||14.57 - 23.96|
|PE Ratio (TTM)||16.09|
|Forward Dividend & Yield||0.56 (2.35%)|
|1y Target Est||N/A|
Hewlett Packard Enterprise (HPE) is among IT suppliers poised to benefit from rising demand for goods as corporations take stock of their lower tax rates and their ability to write down capital investments, according to a note today from Morgan Stanley’s Katy Huberty in which she raises her rating on the stock to Overweight from Equal Weight, and bumps up her price target to $19 from $14. Not only is tax reform in the U.S. lowering the average “effective tax rate” for Hewlett and others to 9%, writes Huberty, but it’s also going to free up cash for spending, thanks to repatriation of money and thanks to the speed-up in how companies depreciate investments: Our proprietary AlphaWise survey of 100 CIOs points to faster planned IT budget growth than three months ago with an upward bias that we believe will only strengthen as companies consider the benefits of repatriated cash and acceler- ated depreciation ( Exhibit 3 ).
The major market indexes are mixed today and for one good very good reason: Netflix (NFLX): The Nasdaq has it, and the Dow doesn't. The S&P 500 has risen 0.2% to 2837.12 at 12:25 p.m. today, while the Dow Jones Industrial Average has dipped 29.56 points, or 0.1%, to 26,185.04. The Nasdaq Composite has gained 0.6% to 7452.40.
Will the Market Force Be with Micron in Fiscal 2018? NAND flash is a nonvolatile storage technology that can retain data even when power is cut. NAND is more of a performance enhancer than a prerequisite to delivering the desired performance.
Continuing our coverage of CES 2018, today I will be providing a rundown of all the new products unveiled by HP, Inc. at the annual consumer electronics show in Las Vegas.
Will the Market Force Be with Micron in Fiscal 2018? The increasing adoption of AI (artificial intelligence) and AR/VR (augmented/virtual reality) in Smartphones, industries, and gaming is driving memory content in the data center, mobile, embedded, and graphics spaces. The memory market is highly consolidated yet very competitive, keeping Micron Technology (MU) on its toes, ready to innovate and move to more advanced technologies.
Learn more about the largest stakeholders of IBM and the role they have played in the company's growth in the software and cloud computing industries.
Hey, AMD stock is even higher than rival, NVIDIA Corporation (NASDAQ:NVDA), which has gained 13%. Now the recent strength in AMD has much to do with the stumble from Intel Corporation (NASDAQ:INTC), whose chips have notable flaws that could allow hackers to access passwords. Wall Street reacted quickly, with INTC stock dropping over 6%.
With the shares of Activision Blizzard, Inc. (NASDAQ:ATVI) up about 83% during the past 12 months, there is some caution. You’ve got to wonder: Has most of the good news been baked in? Even worse: Perhaps ATVI stock is overextended?
When HP’s head of its PC business learned the company was back in the No. 1 slot for 2017, he was at CES talking to two MarketWatch staffers, and noted that the whole idea that the category is declining ...
Shipments of personal computers fell 2% in Q4, year over year, to 71.6 million units, capping a 2.8% decline for the year in total, according to the latest data today from research firm Gartner. It was the 13th quarter in a row of falling PC sales, and the sixth year in total that sales have dropped. Gartner finds some signs of optimism, it said, including rising sales In Asia-Pacific and Latin America. Sales in the U.S. showed a “steep decline,” said Gartner, falling 8%, year over year.
PC makers saw their first holiday quarter rise in shipments in six years, according to the International Data Corp. on Thursday. Fourth-quarter shipments rose 0.7% to 70.58 million units, with the largest ...
Demand for personal-computers rose over the holiday season for the first time in six years, buoyed by commercial upgrades and pockets of improving consumer demand.