|Bid||97.590 x 800|
|Ask||97.610 x 2900|
|Day's Range||96.930 - 98.010|
|52 Week Range||67.500 - 98.690|
|PE Ratio (TTM)||78.96|
|Forward Dividend & Yield||1.68 (1.72%)|
|1y Target Est||N/A|
Here’s a quick wrap up of other headlines making news today.
Bill Gates has made it a tradition to share his favorite reads on his blog, Gates Notes . The underlying theme of Gates' 2018 summer book list is that they all "wrestle with big questions," the self-made billionaire and Microsoft co-founder writes. Isaacson's biography of Leonardo da Vinci "helps you see him as a complete human being and understand just how special he was," Gates writes.
and its Google search business were playing scapegoat this weekend. The tech giant was the focus of a 60 Minutes segment on Sunday, May 20, titled "How Did Google Get So Big." The segment focused on "critics who say the company has stifled competition, and an antitrust enforcer who is taking action." Google shares finished down 1% on Friday on news of the segment. "Google makes the internet work.
Shares of Microsoft Corp. are up 0.8% in premarket trading Monday after the company said that it acquired Semantic Machines Inc., a company that works on "conversational AI" efforts. "Combining Semantic Machines' technology with Microsoft's own AI advances, we aim to deliver powerful, natural and more productive user experiences that will take conversational computing to a new level," Microsoft said in a release. Microsoft already does work in conversational AI with its Cortana virtual assistant and XiaoIce social chatbot.
Sign up here for The Morning Download, and get the most important news in business technology emailed to you each weekday morning. Subscribe to WSJ Pro Cybersecurity for in-depth coverage on cybersecurity trends, breaches and best practices. The Pentagon contract, expected to be the largest Defense Department cloud-computing effort to date, is controversial because it awards work to a single company at a time when multi-cloud arrangements are on the rise.
In the late 1990s, New York City partied to the tune of the internet. Cryptocurrency prices are not responding to the hype. While cryptocurrency advocates toss each other charges of complicity in scams, action has shifted decisively from tokens like bitcoin and ethereum to applications using blockchain technology.
Cisco repurchased shares worth $6.0 billion and paid dividends of $1.6 billion during the quarter. Cisco’s dividend per share rose to $0.33 in the third quarter, indicating an annualized payout of $1.32, a rise of 14% YoY (year-over-year) compared to dividends of $0.29 in the second quarter. Cisco has a dividend yield of 2.9%, and the firm has increased dividend yields for the last seven years.
Semantic Machines' approach to AI is using machine-learning to add context to conversations with chatbots. Microsoft says the deal means it could combine Semantic's technology with its own AI efforts. Microsoft MSFT has bought Semantic Machines, an artificial intelligence start-up, as it looks to boost its efforts in developing conversational AI.
Fortnite's season 4, week 4 challenges have leaked, and there's one in particular players are going to hate.
The US and China are pausing the latest tariffs after agreeing to a framework for trade talks. Yahoo Finance’s Alexis Christoforous, Melody Hahm and Ethan Wolff-Mann have more.