|Bid||145.42 x 1100|
|Ask||145.44 x 900|
|Day's Range||144.68 - 146.04|
|52 Week Range||139.13 - 171.13|
|PE Ratio (TTM)||23.71|
|Forward Dividend & Yield||6.28 (4.35%)|
|1y Target Est||N/A|
Healthcare is embarking on a new frontier as researchers learn to implement AI into hospitals. Yahoo Finance's Seana Smith, Andy Serwer, Julia LaRoche and Dan Howley discuss.
A lot of large-cap familiar names are still called “blue-chip stock” when they are nothing of the kind. If you can’t rid the term “blue-chip stock” from your lexicon, then it should at least apply to a whole new stream of companies. “Blue-chip stock” used to refer to companies that were constantly growing earnings in the high single-digits or more in terms of percentage, had a fortress balance sheet and were constantly innovating.
In the first three quarters of fiscal 2018, NetApp (NTAP) achieved revenue growth of 6% YoY (year-over-year) compared to a revenue fall of 3% in the first three quarters of fiscal 2017. Its revenue growth positively affected its operating margin, which expanded to 18.5% in the first three quarters of fiscal 2018 from 15.9% in the same period last year.
In the late 1990s, New York City partied to the tune of the internet. Cryptocurrency prices are not responding to the hype. While cryptocurrency advocates toss each other charges of complicity in scams, action has shifted decisively from tokens like bitcoin and ethereum to applications using blockchain technology.
We’ve seen that NetApp (NTAP) expects its Networked Storage vertical to fall at a CAGR (compound annual growth rate) of 4% from $37 billion in fiscal 2017 to $31 billion in fiscal 2021. However, NetApp has managed to increase its market share in this declining market via leadership in the NAS (network-attached storage) space and penetration in the SAN (storage area network) space.
Cisco repurchased shares worth $6.0 billion and paid dividends of $1.6 billion during the quarter. Cisco’s dividend per share rose to $0.33 in the third quarter, indicating an annualized payout of $1.32, a rise of 14% YoY (year-over-year) compared to dividends of $0.29 in the second quarter. Cisco has a dividend yield of 2.9%, and the firm has increased dividend yields for the last seven years.
KeyBanc Capital Markets is increasingly positive on blockchain following a recent investor events and projects the services market will grow to $11 billion by 2022. The consulting firm has partnered with several companies including Anheuser Busch Inbev (NYSE: BUD) and Kuehne + Nagel to transition the entire documentation process to entirely blockchain-driven solutions, the analyst said.
In December of 2017, the company’s POWER9 platforms hit the market with a focus on Artificial Intelligence (AI). At last week’s Red Hat summit, IBM and Red Hat announced a partnership to extend IBM Cloud to Red Hat's OpenShift Container Platform and Certified Containers. My firm’s Principal Analyst, Patrick Moorhead, wrote about the POWER9 CPU at product launch.
Cisco Systems’ (CSCO) application business segment revenue rose 19% YoY (year-over-year) to $1.3 billion in the quarter ended in April. This business accounts for 10.5% of total revenue for Cisco and was Cisco’s fastest-growing business in the third quarter. Cisco Systems’ Applications business includes revenues from its collaboration vertical as well as analytics and IoT (Internet of Things).
For the three years that Jannifer Waceke has managed her own store in Nairobi, she has struggled to overcome one barrier: accessing small loans to replenish her kiosk, buy more vegetables and goods, and in turn, grow her business. In many emerging markets, food retailers along with smallholder farmers, struggle to secure loans and develop…
Hewlett Packard Enterprise (HPE) stock has returned 18% in the last 12 months. The stock has remained flat in the last month and the last five trading days. HPE stock rose 60% in 2016 and 8.5% in 2017. Year-to-date, it has risen ~21%. Peers IBM (IBM), VMware (VMW), NetApp (NTAP), and Microsoft (MSFT) have returned -5%, 49%, 70%, and 42%, respectively, in the last 12 months.
Amazon (AMZN) recently disclosed that it had $12.4 billion in future cloud computing revenue at the end of the first quarter. The massive cloud revenue backlog is due to long contracts spanning several years. Amazon said it expects to recognize the cloud revenue backlog in little more than three years on average. Amazon’s accumulation of more than $12 billion in long-term cloud contracts seems to show a high level of loyalty among Amazon’s cloud customers, despite escalating competition from rivals.