98.55 -0.11 (-0.11%)
Pre-Market: 8:24AM EDT
|Bid||98.51 x 900|
|Ask||98.63 x 900|
|Day's Range||96.33 - 98.73|
|52 Week Range||68.02 - 98.73|
|PE Ratio (TTM)||80.21|
|Forward Dividend & Yield||1.68 (1.72%)|
|1y Target Est||N/A|
One of the dumbest stories of 2016 was the internet war that was raged against the Call of Duty: Infinite Warfare trailer. Both it and the Battlefield 1 trailer debuted around the same time, and Infinite Warfare’s opening spot just didn’t hold a candle to its rivals’. Not content with simply saying “meh” and moving on, there was a coordinated effort among fans (well, anti-fans) to make Call of Duty not only arrive with bad buzz, but to make the trailer one of the most disliked videos in YouTube history.
Stock futures were little changed Thursday. President Trump ordered a probe into whether auto imports undermine national security. Apple, Nvidia, Charles Schwab, Microsoft and Splunk are top stocks holding near buy zones.
Software purchases, the migration to cloud-based systems and investments to enhance digital capabilities should trigger a surge in IT company profits over the next few years, according to Moody’s Investors Services. In a research note, reported on by Barron’s, analyst Stephen Sohn and his colleagues predicted that the likes of Adobe Systems Inc. ( ADBE), Microsoft Corp. ( MSFT), NetApp Inc. ( NTAP), Oracle Corp. ( ORCL) and Salesforce.com Inc. ( CRM) will deliver profits that easily outpace global economic growth. Moody’s identified Microsoft as the biggest beneficiary of industry-wide structural drivers.
Macron is currently spearheading efforts for Europe to adopt tougher regulations on digital companies. French President Emmanuel Macron said Europe must avoid making the same mistakes as the United States and China if the region is to successfully tackle some of the world's biggest tech giants.
Advertising group Publicis (PUBP.PA) will unveil its internal collaborative network "Marcel" on Thursday and hopes to have 90 percent of its staff using it by 2020, in a move designed to improve the interaction between Publicis' various agencies. Chief Executive Arthur Sadoun stunned the industry last year by announcing Publicis would skip all awards events and trade shows, including the Cannes Lions event -- the world's biggest advertising industry conference -- to develop the network. "Marcel" will provide a daily digest to all employees who opt in, Publicis said in a statement.
Advertising group Publicis will unveil its internal collaborative network "Marcel" on Thursday and hopes to have 90 percent of its staff using it by 2020, in a move designed to improve the interaction between Publicis' various agencies. Chief Executive Arthur Sadoun stunned the industry last year by announcing Publicis would skip all awards events and trade shows, including the Cannes Lions event -- the world's biggest advertising industry conference -- to develop the network. "Marcel" will provide a daily digest to all employees who opt in, Publicis said in a statement.
Things are looking up for a whole basket of IT companies, according to a report today by Moody’s Investors Services analyst Stephen Sohn and his colleagues. Companies from Microsoft (MSFT) to Adobe Systems (ADBE) to Oracle (ORCL) to NetApp (NTAP) to Salesforce (CRM) are set to benefit from rising operating profit that’s vastly outpacing global GDP growth, write the authors. Moody’s upgraded its outlook on “diversified IT” as a group to “Positive” from what had been “stable” before, citing potential for Ebitda (earnings before interest, taxes, depreciation and amortization) to rise by “about 7.5%” this year, versus the global GDP growth projection of 3.4% in 2018 and 3.2% in 2019.
Last week, Baidu Inc (ADR) (NASDAQ:BIDU) announced that its Chief Operating Officer, former Microsoft Corporation (NASDAQ:MSFT) executive Qi Lu, would be stepping down as COO and transitioning to more part-time duties at BIDU. The market seems to think that the Lu exit is a big deal. Ever since that announcement, BIDU stock has dropped nearly 15%, equating to a $12-billion drop in market value.
Passwords--meant to keep information secure--have in recent past become the easiest way for hackers to breach firewalls and security protocols, leading to security keepers to explore a range of alternatives from smartcards to machine learning. Some organizations are coming up with alternatives to passwords that can be adopted by the enterprise. Corp. and Visa Inc., have continued pushing the Fast Identity Online Initiative, known as FIDO with the goal of developing alternatives to ultimately eliminate passwords.
With the office market tightening, the risk of starting with no signed leases does not seem too high.
Growth in cloud computing has put a positive light on Amazon and Microsoft, both of which received price-target increases for boosting the technology.