93.130 0.00 (0.00%)
After hours: 4:00PM EDT
|Bid||93.240 x 1300|
|Ask||93.250 x 600|
|Day's Range||93.010 - 93.770|
|52 Week Range||64.120 - 97.240|
|PE Ratio (TTM)||75.72|
|Earnings Date||Apr 26, 2018|
|Forward Dividend & Yield||1.68 (1.81%)|
|1y Target Est||104.39|
Shares of Oracle Corp. tumbled Tuesday after disappointing quarterly results, particularly in its cloud-software business, prompting some Wall Street analysts to abandon their bullish views.
SAN FRANCISCO/ FRANKFURT (Reuters) - Facebook faces substantial business risks from new European Union privacy rules set to take effect in May, a looming reality that came into stark relief over the weekend with revelations that a controversial political consulting firm had improperly obtained personal data on 50 million Facebook users. Privacy experts said the disclosure that a researcher had sold Facebook data collected via a personality quiz to the consulting firm Cambridge Analytica is a prime example of the kinds of practices that the new General Data Protection Regulation, or GDPR, is supposed to prevent or punish. The danger faced by Facebook going forward is two-fold: Complying with the rules means letting European users opt out of the highly targeted online ads that have made Facebook a money machine.
Solidium, the Finnish state-run investment fund that built a 3.3% stake in Nokia (NOK) at the start of 2018, has minority holdings in over a dozen major Finnish companies. Including Nokia, Solidium owns minority stakes in 13 listed Finnish companies, and the combined value of those investments is estimated to be over $11 billion. Nokia is a bit of an outlier in Solidium’s holding pattern.
Innovium, Inc., a leading provider of networking solutions for data centers, today announced that it supports Open Compute Project based Switch Abstraction Interface APIs, enabling easier integration of its TERALYNX™ switch silicon and network operating systems using industry standards.
Is the market hungry enough to justify the expected $7 billion valuation? Or, is this IPO how insiders sell stock and raise capital after the “smart money” (i.e. private equity, hedge funds, etc.) has dried up?
Oracle shares tumbled Tuesday, following a quarterly earnings report that revealed its transition to the cloud is progressing slower than expected.
If you own a Windows computer, you've helplessly stared down an "applying updates" screen before. Microsoft feels your pain, and they're doing something about it.
"Even though BlackBerry no longer dominates the smartphone hardware market, they are still considered a leader in mobile security software," Nomura Instinet analyst Christopher Eberle said. BlackBerry and Microsoft were bitter rivals until both decided to focus their businesses elsewhere after losing out in the fiercely competitive smartphone market. Microsoft has concentrated on cloud computing, while BlackBerry has moved away from selling its own phones to providing software and security to others' devices.