|Bid||151.25 x 800|
|Ask||151.25 x 1400|
|Day's Range||150.74 - 152.57|
|52 Week Range||137.45 - 171.13|
|PE Ratio (TTM)||24.36|
|Forward Dividend & Yield||6.28 (4.23%)|
|1y Target Est||N/A|
Ericsson (ERIC) is acquiring CENX as part of its program to bolster its network automation capabilities as 5G network deployment gets underway. In the United States, Verizon (VZ) is close to activating 5G services in four cities. AT&T (T) is racing to launch 5G services in up to a dozen cities later in the year.
USA Technologies (USAT) successful cross-selling wins, synergies from acquisitions and international expansions are key positives.
Salesforce (CRM) seeks to enhance and personalize student engagement by incorporating new tools in its Salesforce.org Education Cloud Platform.
None of the four fabled FANG stocks— (ticker: FB), (AMZN), (NFLX), and (GOOGL)—pay any dividends at all. (MSFT), for example, this week declared a quarterly dividend of 46 cents a share—a 9.5% increase and the latest in a steady stream of gains by the enterprise software and cloud-services giant. “You’ve seen a lot of these big companies mature in their life cycle, and part of it is that as they mature, how they allocate capital changes a little bit,” says Mike Barclay, co-manager of the Columbia Dividend Income fund.
The Armonk, New York-based technology giant just announced an enhancement to its Watson AI technology that explains the decision-making process of its system. Given Big Blue’s history, Watson will likely become a force in the AI world. Since its founding in 1911, the company known formally as International Business Machines Corporation has kept pace with change — and sometimes led that change — as new technologies emerged and fell out of favor over time.
The U.S. Tennis Association is using artificial intelligence to assist in identifying and aiding top players.
The Dow Jones Industrial Average finally pushed above its January record high on Thursday, ending a year-long consolidation range that was spurred by worries over higher interest rates, Federal Reserve policy tightening and the fallout from President Trump’s trade war.
Winnebago Industries (NYSE:WGO) has had to deal with tough headwinds. What’s more, even the millennial generation has become a big part of the business, which involves a trend called “glampers.” Note that a big part of WGO’s revenues come from the Towable segment, which has become popular with this demographic (the company recently purchased boat builder Chris-Craft). Back in May, Symantec (NASDAQ:SYMC) stock plunged more than a third because of news that the company’s audit committee had launched an investigation.
Tech giant Microsoft (MSFT) has been returning cash to its investors and boosting its dividend payments for the last 14 years. Most recently, the company announced a rise in its quarterly dividend. The 9.5% hike in the company’s dividend was better than last year’s hike of 7.7%. A report by Morgan Stanley (MS) had stated earlier that Microsoft investors could expect an improved dividend payout in September.
On September 19, IBM (IBM) introduced cloud-based bias-detection software that can manage the integration of AI (artificial intelligence) in any business. The use of machine learning has increased substantially, and enterprises are looking to improve their performance and decision-making processes through better analysis of available data. Sometimes deploying complicated machine learning concepts into client models can present issues, and IBM’s bias-detection software helps to avoid such confusion by automatically recognizing bias and resolving the problem.
Alphabet’s (GOOGL) Google is investing $140.0 million to expand its data center in Chile. Google parent Alphabet generated second-quarter revenues of $1.8 billion from Latin America and other American markets outside the United States.
Chinese technology giant Alibaba (BABA) announced yesterday, September 19, that it will be starting its own chipmaking business. It will be developing embedded processors and AI chips for cloud computing and other sectors.
The company topped Wall Street expectations on earnings on the back of share buybacks. Foreign currency headwinds and US-China trade war fears also weighed on the stock. Out of the 36 analysts covering Oracle, 18 analysts have rated the stock a “buy,” while 18 analysts rated the stock as a “hold.” Only one analyst has given the stock a “sell” rating.
Accenture (ACN) has raised its free cash flow projection for fiscal 2018 from $5.2 billion–$5.5 billion to $5.5 billion–$5.8 billion. From the graph above, you can see Accenture’s free cash flow trend in the last five years. During that period, it saw an increasing trend and maintained an annual run rate of $3.7 billion in free cash flow.
Can IBM Watson Health Become the Force to Reckon With? IBM’s (IBM) Watson AI is looking to expand its business platform by combining its service with various partners to deliver the best performance to its customers. On September 12, IBM and IRIS.TV teamed up to introduce Video Recommendations, which allows a customization of AI-based video content to end users.
On September 17, software and cloud services giant Oracle (ORCL) reported mixed results for its fiscal 2019 first quarter, which ended on August 31. Oracle managed to beat Wall Street expectations on earnings but missed revenue estimates in the quarter, which led to a decline in its stock price.
IBM’s (IBM) enterprise cloud remains an integral aspect that drives its Watson AI business. The higher adoption of IBM cloud in many enterprises has helped the technology giant make its product easily available to clients. Many hospitals and laboratories can quickly gain access to the vast amount of clinical data, which could help them better diagnose their patients.
The Zacks Analyst Blog Highlights: Walmart, IBM, Texas Instruments, Wells Fargo and Lockheed Martin
IBM has launched a software service that scans AI systems as they work in order to detect bias and provide explanations for the automated decisions being made -- a degree of transparency that may be necessary for compliance purposes not just a company's own due diligence. It says the service can be customized to specific organizational needs via programming to take account of the "unique decision factors of any business workflow". The fully automated SaaS explains decision-making and detects bias in AI models at runtime -- so as decisions are being made -- which means it's capturing "potentially unfair outcomes as they occur", as IBM puts it.
As corporations struggle to fight off hackers and contain data breaches, some are looking to artificial intelligence for a solution. New operating systems and software updates introduce unpredictable risks, and hackers adopt new tactics.
For fiscal 2018, the tech giant has predicted its revenue to expand 9.5%–10% compared to last year in local currency. Earlier, Accenture provided a lower revenue outlook of 7%–9%. From the graph above, you can see Accenture’s total revenue growth in the last five quarters.
A mid-November deadline is set for the hardware portion of a massive Navy contract to maintain and modernize the service's IT networks.