|Bid||149.73 x 900|
|Ask||149.74 x 800|
|Day's Range||149.48 - 151.18|
|52 Week Range||137.45 - 171.13|
|PE Ratio (TTM)||24.17|
|Earnings Date||Oct 16, 2018|
|Forward Dividend & Yield||6.28 (4.23%)|
|1y Target Est||162.42|
Which begs the question: Is this Warren Buffett’s worst investment? “I see no reason why Wells Fargo as a company…going forward is in any way inferior to the other big banks with which it competes,” Buffett said during annual shareholders meeting in May. “We have a large unrealized gain [in the stock].
A race by U.S. tech companies to build a new generation of powerful "quantum computers" could get a $1.3 billion boost from Congress, fueled in part by lawmakers' fear of growing competition from China. Legislation passed earlier in September by the U.S. House of Representatives would create a 10-year federal program to accelerate research and development of the esoteric technology. As the bill moves to the Senate, where it also has bipartisan support, the White House is showing enthusiasm for the effort with a planned quantum summit on Monday.
In order to improve the patient healthcare experience, Accenture (ACN) has launched Ella and Ethan, two virtual assistant bots embedded with artificial intelligence (or AI) technology. The main purpose of the new platform is to reduce the communication gaps among life sciences companies, patients, and healthcare providers.
Apprenticeships have long been associated with manufacturing and construction jobs. While these efforts were growing in number, Mayor Bill de Blasio last year announced a new initiative to establish 450 apprenticeships in the industrial, health and tech industries by 2020. The city will use models already pioneered by some tech companies to encourage other businesses to hire apprentices.
The White House will hold a meeting on Monday on U.S. government efforts to boost quantum information science, with administration officials, leading companies including Alphabet Inc, IBM Corp, JPMorgan Chase & Co and academic experts taking part. Quantum computers could operate millions of times faster than today's advanced supercomputers. Experts have said the promising technology, still in its infancy, could have a major impact on healthcare, communications, financial services, transportation, artificial intelligence, weather forecasting and other areas.
IBM's transition has tested the patience of shareholders, but there are good reasons why the next 10 years could be much more rewarding.
Alphabet’s (GOOGL) Google is launching its Advanced Solutions Lab (or ASL) in Japan, the company announced at its Cloud Next 2018 event in Tokyo recently.
Alphabet’s (GOOGL) Google has introduced a new tool for its G-Suite business customers. With the Work Insights tool, Google could help its business customers in their digital transformations by pointing them to areas where they may want to do more training for employees to better align everyone with the organization’s digital objectives. G-Suite is the brand name of Google’s cloud productivity and collaboration apps, with prices starting at $10 per user per month for business customers.
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.
23andMe, IBM and now uBiome is the next tech company to jump into the lucrative multi-billion dollar drug discovery market. Founder Jessica Richman now says there's a wider opportunity to use this data to create value in therapeutics. To support its new drug discovery efforts, the San Francisco-based startup will be moving its therapeutics unit into new Cambridge, Massachusetts headquarters and appointing former Novartis CEO Joseph Jimenez to the board of directors as well.
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.