52.80 +0.02 (0.04%)
After hours: 7:37PM EDT
|Bid||52.65 x 800|
|Ask||52.85 x 900|
|Day's Range||52.38 - 53.54|
|52 Week Range||42.36 - 57.60|
|Beta (3Y Monthly)||0.56|
|PE Ratio (TTM)||11.78|
|Earnings Date||Apr 25, 2019|
|Forward Dividend & Yield||1.26 (2.37%)|
|1y Target Est||53.32|
The chipmaker's board opted to waive a term limit to allow for stability in the midst of Intel's leadership transition.
It was a rough fourth quarter for many hedge funds, which were naturally unable to overcome the big dip in the broad market, as the S&P 500 fell by about 4.8% during 2018 and average hedge fund losing about 1%. The Russell 2000, composed of smaller companies, performed even worse, trailing the S&P by more […]
Micron Technology (MU) posted worse-than-expected earnings and revenue results last week as the chip firm faces a significant decline in DRAM and NAND pricing, along with reduced demand from the likes of Apple (AAPL). Shares of MU briefly climbed in response to the report and Micron stock is up roughly 27% this year. But the chipmaker's outlook appears rough going forward.
Shares of Nvidia Corp. (NVDA), the world's largest manufacturer of graphics processing units, dropped more than 50% between September and December 2018. The company announced its fourth-quarter results on Feb. 14. Warning! GuruFocus has detected 2 Warning Sign with NVDA.
Intel Corporation today announced that its board of directors had unanimously decided to extend Andy Bryant’s term as Intel chairman for one additional year, to help support Intel’s leadership transition. If Bryant is re-elected at Intel’s 2019 annual stockholders’ meeting, his term as chairman would continue through the conclusion of Intel’s 2020 annual stockholders’ meeting.
The following is an opinion editorial by Prof. Amnon Shashua of Intel Corporation. As we march toward a driverless future, we at Mobileye have continued to lead the industry with new innovations that will not only enable fully autonomous vehicles (AVs), but will also make human-driven cars safer than they have ever been. It is said that imitation is the sincerest form of flattery, and our innovations have not gone unnoticed with many embracing the same concepts that we pioneered.
After significant hype from the mainstream media, Special Counsel Robert Mueller seemingly appeared on the verge of delivering an indictment on President Donald Trump. Instead, Mueller's report found no evidence tying Trump with Russian conspirators. That news disappointed many on the left, while simultaneously lifting prospects for Dow Jones Industrial Average and its component stocks.Although the Russia investigation, which has long dogged the Trump administration, has no direct impact on the markets, the latest news frees them from unnecessary shackles. With the president now able to concentrate on important matters, he can theoretically resume making America great again.This has positive implications for thorny issues like the U.S.-China trade war. If the White House achieves a breakthrough, we could see several Dow Jones stocks on the rise move even higher. With China harnessing the world's second-biggest economy, Wall Street will appreciate any hint of progress.InvestorPlace - Stock Market News, Stock Advice & Trading TipsIn addition, Mueller tacitly signed off on two more years of Trump. Again, the majority of Americans probably felt like they got punched in the gut. Still, we do have one bit of universal good news: we know exactly what to expect until November 2020.From a political standpoint, this is huge. Barring unusual circumstances, Trump's contentious policies such as tax or healthcare reform won't be immediately reversed. This continuity is great for the markets as it represents one less variable. * 7 Consumer Discretionary Stocks to Buy Now So with that in mind, here are five Dow Jones stocks to track on your radar: JPMorgan Chase (JPM)Source: Shutterstock Earlier this year, banking giant JPMorgan Chase (NYSE:JPM) was one of the Dow Jones stocks on the rise. However, that quickly changed this month. Since mid-March, JPM stock has dropped more than 6%. Geopolitical concerns such as icy U.S.-China relations, as well as possible trading-revenue declines have hurt prospects.But despite the troubles, JPM stock has a genuine chance of a Mueller-fueled rally. For one thing, JPMorgan is an economic bellwether: what's good for the nation is usually good for its share price. Moreover, as a banking firm, JPM receives the most benefit from a stable platform.As I alluded to earlier, it's probably not the kind of stability most people sought. Nevertheless, we generally know what to expect: strange tweets, conservative policies, and the constant push to build the wall. This predictability will at least make it easier for management to chart a path forward. Intel (INTC)Source: Shutterstock Most technology firms took a beating in the final quarter of last year, but not Intel (NASDAQ:INTC).No, INTC stock absorbed most of its pain earlier in 2018. Although usually a safe bet, Intel faced many questions regarding production delays over its next-generation chips. Amid fierce competition, many stakeholders simply gave up.Further compounding the issue, the U.S.-China trade war acted as a massive headwind. As our own Dana Blankenhorn noted last year, Intel invested substantially in Chinese infrastructure. Any hit to that region will eventually translate to volatility in INTC stock. * 5 Stocks To Buy for the Happiest Employees But this year, Intel is one of the top Dow Jones stocks on the move. Shares are already up 17% since the January opener. And with Trump no longer dealing with the Mueller investigation, he has time to wheel and deal. Although not a guarantee, INTC suddenly looks like a much-healthier prospect. Merck (MRK)Source: Shutterstock If you're looking for stocks on the rise in the Dow, you really can't go wrong with Merck (NYSE:MRK). Although the company's future is heavily tied to its cancer-fighting drug Keytruda, that hasn't stopped speculators. Indeed, if you bought MRK stock during last year's doldrums, you're living large right now.Better yet, Merck continues to ride its wave of momentum. On a year-to-date basis, MRK stock crossed into double-digit territory. For bullish traders, they don't find this status surprising. Merck maintains an enviable drug pipeline, which includes Januvia and Gardasil. Last year, they rang up $3.7 billion and $3.2 billion in sales, respectively.Plus, President Trump's rants against former President Barack Obama's healthcare policies have previously shaken the Street. Now that the Mueller investigation is out of the way, Trump has less distractions. Hopefully, he'll use this unshackling to promote positive changes for all Americans.And if not, at least we know what we're getting. Home Depot (HD)Source: Mike Mozart via Flickr (Modified)Out of all the Dow Jones stocks on the rise, my current favorite is Home Depot (NYSE:HD). Admittedly, HD stock is a bit of a cop-out. As a largely secular company -- a leaking pipe doesn't stop based on economic conditions -- HD is an "everyman" investment. No matter what, you can count on it.But that doesn't mean that Home Depot is immune to good news. Again, while most Americans may have been disappointed with the build-up to the Mueller non-announcement, it's a positive for HD. Primarily, shares do well with a robust housing market. If Trump were indicted, that would create all kinds of havoc on our economy. * 7 Reasons Why Apple Streaming Won't Move the Needle for Apple Stock At the same time, I like the fact that HD stock is a boring investment. Ultimately, it's very difficult to tell how the Street will respond to the Mueller investigation results. Therefore, sitting on HD and collecting its 2.9% dividend yield isn't a bad approach! Boeing (BA)Source: Shutterstock If you want some spice out of your Dow Jones stocks, Boeing (NYSE:BA) is it. Already under pressure from the Lion Air Flight 610 crash that killed all onboard, Boeing suffered another devastating blow: Ethiopian Airlines Flight 302 also went down under similar circumstances. Logically, BA stock tumbled badly in response.Moreover, the pain is far from over. By the looks of it, Boeing will incur significant legal costs. In both crashes, the same airplane -- the 737 Max 8 -- was involved. Additionally, the company's anti-stalling system called MCAS apparently malfunctioned on the doomed flights. If you're heavily vested in BA stock, you may want to protect yourself.But with a newly-energized President, Boeing could get its wings back. That's because Trump is still Trump, and that means more saber-rattling. Such circumstances would lift the company's military and defense divisions, an obvious welcome change.As of this writing, Josh Enomoto did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Dual-Class Stocks That Will Outperform * 7 Reasons Why Apple Streaming Won't Move the Needle for Apple Stock * 7 A-Rated Stocks to Buy in the Second Quarter Compare Brokers The post 5 Dow Jones Stocks for the End of Mueller's Investigation appeared first on InvestorPlace.
Markets Weak despite Mueller Report: ‘It’s the Economy, Stupid’(Continued from Prior Part)Mueller reportUS President Donald Trump has received a major reprieve, as Special Counsel Robert Mueller’s probe didn’t find any evidence of
What's Ahead for Micron?(Continued from Prior Part)Micron’s cash flows and debt levelsMicron (MU) recorded operating cash flows of $8.2 billion and spent $5.4 billion in capital expenditure in the six months ending in February. The company ended
What's Ahead for Micron?Micron’s revenues in Q2Micron’s (MU) revenue growth has fallen at a double-digit rate YoY for the past few quarters. However, the revenue growth rate has been declining for the past six straight quarters. In the second
The protagonists in a wide-ranging and bitter legal battle before the U.S. International Trade Commission argue that the other’s actions are damaging the nation’s lead in fifth-generation wireless technology. The agency is scheduled to release key decisions on Tuesday in the long-running fight over patent royalties -- including one that could lead to an import ban on one of the U.S. economy’s most iconic products. A ruling from the trade commission favoring Apple could undermine Qualcomm’s attempts to defend its business model and keep on charging billions of dollars in technology licensing fees.
Apple (NASDAQ:AAPL) had an unusually busy week of hardware releases.The company's revenue -- and Apple stock -- is weighted heavily toward hardware sales, so usually, Tim Cook & Co. choose to reveal new hardware at media events. But this past week was different.On March 25, Apple is holding a special event where it is expected to unveil its new video streaming service. The company clearly wants the focus of the event to be on services, so it spent most of this week quietly taking its web store offline early in the a.m. as new products were added.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Stocks on the Rise Heading Into the Second Quarter Here's all the new Apple hardware that arrived this week, whether you noticed it or not. iPad AirSource: Apple Apple kicked off an unusual week of new hardware releases with a pair of new iPads on Monday morning. The company surprised many with the introduction of a new iPad Air. This new version sits somewhere between Apple's consumer iPads and the iPad Pro. It has a 10.5-inch True Tone Retina display, an A12 processor and supports the first generation Apple Pencil and a Smart Keyboard. But it lacks some of the advanced features offered by the iPad Pro line including Face ID, USB-C support, 12MP camera with 4K video, and the "all screen" Liquid Retina display. At $499 the price also puts its firmly between the $329 9.7-inch iPad and the $799 11-inch iPad Pro. iPad MiniSource: Apple With the iPad price at $329 and iPhone displays hitting 6.5-inches, the odds seemed high AAPL would simply discontinue the 7.9-inch iPad Mini (which hadn't been updated in several years).Instead, Apple rolled out a new, 5th generation iPad Mini. It keeps the $399 starting price, but gets the same upgrade treatment as the iPad Air: a True Tone Retina display, an A12 processor and support for the first generation Apple Pencil. New iMacsSource: Apple On Tuesday, the Apple online store went down and came back with new iMacs. It had been two years since the company last refreshed its all-in-one desktop computers.The new versions now get Intel (NASDAQ:INTC) 8th generation CPUs by default, with the higher end 27-inch models having the option of the latest 9th generation processors with up to eight cores.Both 4K and 5K iMaces also get optional AMD (NASDAQ:AMD) Radeon Pro Vega graphics. Apple says the new iMacs are much faster, with the 27-inch iMac up to 2.4 times more powerful than its predecessor, with an up to 50% boost in graphics performance. AirPods With Wireless Charging CaseSource: Apple One of AAPL's big hits over the past several years has been the AirPods wireless earbuds. Earlier this year, Tim cook said wearables revenue -- especially the Apple Watch and AirPods -- is 50% higher than peak iPod revenue. That's good news for Apple stock, which has been reliant on softening iPhone revenue.On March 20, Apple put out a press release announcing the second generation AirPods With Wireless Charging Case. The new AirPods get a wireless charge case that can be set on a Qi-compatible charger, hands-free Siri and improved battery life with 50% more talk time. They also get a price boost, from $159 for the originals to $199. New Seasonal Accessories Source: Apple Apple stock is not going to go through the roof just because the company released new pastel, spring-themed accessories for its products -- which it did on Thursday.However, accessories are, surprisingly, big business. In 2015, it was estimated that Americans spent $1.9 billion on iPhone cases alone. Every time Apple sells an iPhone, iPad or Apple Watch, there's a chance to add another $40, $50 or more to the total transaction by tempting the buyer with an accessory, and these are high margin add-ons. By constantly changing things up with seasonal themes, AAPL also gets a crack at selling more accessories to existing device owners.Two things didn't make this week's mass release, although they had been rumored to make an appearance: A 7th generation iPod Touch, and the long-awaited (and two year-delayed) AirPower wireless charge mat.Between the long list of new hardware releases and anticipation for Monday's big event, Apple stock has had a good week, gaining over 5% since Monday morning. Speaking of the March 25 Apple Special Event, check in with InvestorPlace on Monday afternoon for a wrap of everything the company announces. As of this writing, Brad Moon did not hold a position in any of the aforementioned securities.Compare Brokers The post All the New Hardware Apple Released Last Week appeared first on InvestorPlace.
annual developer conference drives home is the extent to which Nvidia is now a software company as much as it is a graphics chip developer. While at Nvidia's GPU Technology Conference (GTC) this week, I had a chance to talk with Ian Buck, the company's VP of Accelerated Computing. Buck is in charge of Nvidia's Datacenter business (it covers server GPUs and related hardware and software), which produced $2.9 billion in revenue during the company's most recent fiscal year.
Tech stocks have made a spectacular comeback this year but face a number of political and economic risks that could send crashing again.
Given the 10% gain AMD (NASDAQ:AMD) logged on Tuesday, many investors are optimistic about the latest news. But I don't personally believe the company's role in a new streaming-game platform developed by Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) is a reason to buy AMD stock.Source: Matthew Rutledge via Flickr Some investors will disagree with me -- although most of those investors will tout AMD optimism for any and all reasons. Advanced Micro Devices stock has been terribly rewarding since turning around in 2016. Traders have largely convinced themselves the foreseeable future is going to look a lot like the past. A closer, critical look at the new video game service from Google, however, reveals AMD's role is the least important one in a platform that may or may not be a smashing success. It's ComplicatedHardcore gamers may understand the implications better than the average non-gamer, but for the rest of us: Even as Microsoft's (NASDAQ:MSFT) Xbox or Sony (NYSE:SNE) Playstation move toward downloaded games and away from physical discs, their games are played -- and processed -- on the consoles themselves. Meanwhile, on Google's Stadia, games will be played entirely from Google's servers using a high-speed internet connection.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Retail Stocks That Will Continue to Rebound in 2019 AMD's role in the new service? It handles the heavy-duty graphics processing from the cloud, rather than offloading that work onto a graphics card that would normally be installed on a console.See, with Stadia, there is no physical console. The cloud is the console, meaning its games can be reasonably played on any device.It's actually a rather savvy and gutsy move from Alphabet. Microsoft can create a complete, self-contained gaming experience on an Xbox. Ditto for Sony. Not so with Stadia though. While it can handle most aspects of game-play, Google and AMD are still ultimately relying on the speed and quality of the internet connection its gamer customers subscribe to.Surprisingly, it's not been a problem yet. Initial tests of the service's latency -- or the lag between pushing a button on a controller and seeing the result on a screen -- suggest Google has figured out how to make the Stadia experience almost as good as that of console game-play. Google, meanwhile, has developed a custom game-controller to further abate potential latency.There's a rub for current and would-be owners of AMD stock, however. Of all the major hurdles that Stadia has to clear to work well, Advanced Micro Devices' is the easiest.It would also be the easiest piece of the puzzle to replace. Are Google's Plans Too Expensive?That's not to say AMD could be replaced by a rival like Nvidia (NASDAQ:NVDA) or Intel (NASDAQ:INTC) with just the flip of a switch.The architecture powering Stadia is based on AMD's Radeon GPU, but customized to meet Google's specific needs. Each card is capable of handling up to 10.7 teraflops of data at a time, handily topping the graphics-processing loads being handled by even the newest consoles like the PS4 Pro and the Xbox One X.The end result? Stadia will be able to deliver 4K quality at the 60 frames per second most gamers expect from high-end games. When the time comes, Google promises 8K quality and 120 frames per second.AMD's GPU prowess may not matter, however, for a handful of reasons.One of them is the aforementioned lag, or latency, of an internet connection. Connections as fast as 50 or even 100 megabits per second are quickly becoming the new norm, and the advent of 5G promises even wider access to ultra-high speed connectivity. Still, for streaming gaming, that connection has to be consistent, and free of any glitch.There's also the not-so-small matter that to deliver 4K, 1080p 60FPS images that can accept and process constant user input (button-mashing), Google will have to establish 7500 edge-nodes all over the world. And, it appears that to achieve the maximum quality of graphical display, multiple GPUs will be needed per one single player. The company's gaming data centers will, most likely, 'share' graphics cards simultaneously with multiple gamers, but even the best GPUs can only do so much at one time.That makes the hardware and node-management needed to make Stadia work an expensive proposition, which in turn could make Stadia an expensive service to utilize.To that end, there comes a point when gamers stop needing 'more' visual realism to enjoy a game to its fullest. Prepping for an 8K, 120 FPS future is arguably an expensive overkill. So if they're looking to cut costs, Google might opt for a cheaper alternative to AMD's superior GPUs.And of course there's the X-factor: Can Google get developers on board with yet another platform that facilitates even more competition? Bottom Line for AMD StockBuy AMD stock, or don't buy it. There's a bearish and bullish case to be made. Neither of those cases, however, are significantly altered by the advent of Stadia.And, even to the extent Stadia does gain traction when launched, a couple of pros point out the prospect should have already been built into the price of AMD stock. * 7 Beaten-Up Stocks to Buy as They Reverse Course "We don't know why AMD was up so much as most analysts knew of this win already," said Susquehanna analyst Chris Rolland, while RBC's Mitch Steves explained "We are surprised by the stock price move as we believed this was a well known win."As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about James at his site, jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Retail Stocks That Will Continue to Rebound in 2019 * 5 Stocks To Buy for the Happiest Employees * 7 ETFs for a Millennial Portfolio Compare Brokers The post Google's Gaming Platform Is Not a Reason to Buy AMD Stock appeared first on InvestorPlace.
Why Semiconductor Stocks Soared Yesterday(Continued from Prior Part)Micron’s second-quarter resultsMicron (MU), the largest US chip maker, topped earnings and revenue estimates in the second quarter of fiscal 2019. Its EPS of $1.71 beat
Why Semiconductor Stocks Soared YesterdaySemiconductor stocks are riding high On March 21, US and South Korean semiconductor stocks surged after chip maker Micron Technology (MU) reported upbeat fiscal 2019 second-quarter results (for the period that
When Will DRAM and NAND Market Forces Be Favorable for Micron?(Continued from Prior Part)Micron’s NAND earnings Micron Technology (MU) has been shifting to higher-value NAND (negative-AND) solutions, which accounted for 50% of the company’s NAND
As business leaders ponder the key to success, they should focus on what is most important — their employees, according to health and wellness guru Deepak Chopra.
The Australian financial giant more than doubled its investment in Qualcomm, the only one of the five stocks lagging behind the S&P 500 so far this year.
What Made Memory Stocks the Top Gains of the S&P 500 Index?(Continued from Prior Part)Micron’s fiscal 2019 second-quarter revenue On March 20, Micron Technology (MU) reported its Q2 of fiscal 2019 earnings. The quarter ended on February 28.