|Bid||148.83 x 900|
|Ask||148.87 x 1000|
|Day's Range||148.51 - 149.76|
|52 Week Range||93.96 - 151.33|
|Beta (3Y Monthly)||1.23|
|PE Ratio (TTM)||28.16|
|Earnings Date||Jan 28, 2020 - Feb 3, 2020|
|Forward Dividend & Yield||2.04 (1.36%)|
|1y Target Est||160.16|
Nov.21 -- Microsoft Corp. co-founder Bill Gates discussed protectionism in technological research around topics like artificial intelligence. Gates argued that open systems will inevitably win out over closed ones. He speaks with John Micklethwait at Bloomberg's New Economy Forum in Beijing.
SEATTLE, Nov. 21, 2019 /PRNewswire/ -- Seattle's Museum of History & Industry (MOHAI) and Microsoft Corp. on Thursday announced the opening of a new exhibit, "Mont-Saint-Michel: Digital Perspectives on the Model," which features a unique blend of 17th and 21st century technology. Powered by Microsoft AI and mixed-reality technology as well as the recently released HoloLens 2 device, the interactive exhibition transports visitors into a holographic tour of the picturesque Mont-Saint-Michel, a medieval monastery perched atop a remote tidal island off the coast of Normandy, France.
HP's (HPQ) fourth-quarter fiscal 2019 results are likely to reflect high demand in the commercial PC market. However, weakness in the Printing business might have posed a threat to the stock.
The best tech stocks to buy and watch aren't hard to find, as long as you know you're fishing in the right pond. That means targeting top stocks showing resilience and holding near highs.
Heliogen, a Bill Gates-supported clean energy company, claims it has achieved a breakthrough in concentrated solar energy that could replace the fossil fuels used in heavy-emissions processes such as making cement, steel, glass and petrochemicals.
(Bloomberg) -- Microsoft Corp. co-founder Bill Gates spoke out against protectionism in technological research around topics like artificial intelligence, arguing that open systems will inevitably win out over closed ones.In conversation with Bloomberg News editor-in-chief John Micklethwait at the New Economy Forum in Beijing on Thursday, Gates was skeptical about the idea that ongoing U.S.-China trade tensions could ever lead to a bifurcated system of two internets and two mutually exclusive strands of tech research and development. “It just doesn’t work that way,” said the software pioneer.“AI is very hard to put back in the bottle,” Gates said, and “whoever has an open system will get massively ahead” by virtue of being able to integrate more insights from more sources. Citing Microsoft’s AI research in Beijing, Gates pondered the rhetorical question of whether it was producing Chinese AI or American AI. In the case of Microsoft’s U.K. research campus in Cambridge and the findings it produces, he said that “almost every one of those papers is going to have some Chinese names on it, some European names on it and some Americans’ names on it.”China and the U.S. are the two leading AI superpowers that have dominated research, however cooling political relations between them have slowed the international collaboration that underpins innovation. Huawei Technologies Co., Beijing’s tech champion, has been subject to a variety of sanctions from Washington, in part because China’s rapid AI development is perceived as a rising threat.Gates said he was more worried today than five years ago about the rise of nationalist and protectionist political tendencies across the globe, and that he now wonders whether that will prove a cyclical trend or a more permanent change. Still, as far as the U.S. and China were concerned, he said he’s “even more passionate about the value of engagement than ever.”The other key takeaways from the talk:Gates said there’s “no doubt” solar and wind are key parts of a new energy mix needed to battle climate change. “Quite a bit of nuclear” may be required to fill in for fossil fuels as we move to zero carbon.But he doubts a carbon tax would be realistic in the U.S. Republicans have largely sworn off the idea and, by and large, he said, Democrats aren’t pushing it as a key priority, either.The ability of political leaders to convince their electorates of the benefits and value of globalization has “gone down,” said Gates.The New Economy Forum is being organized by Bloomberg Media Group, a division of Bloomberg LP, the parent company of Bloomberg News.To contact the reporters on this story: Vlad Savov in Tokyo at email@example.com;John Micklethwait in New York at firstname.lastname@example.orgTo contact the editors responsible for this story: Peter Elstrom at email@example.com, Colum Murphy, James MaygerFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
(Bloomberg) -- Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here. Former U.S. Secretary of State Henry Kissinger said the U.S. and China were in the “foothills of a Cold War,” and warned that the conflict could be worse than World War I if left to run unconstrained.“That makes it, in my view, especially important that a period of relative tension be followed by an explicit effort to understand what the political causes are and a commitment by both sides to try to overcome those,” Kissinger told a session of the New Economy Forum. “It is far from being too late for that, because we are still in the foothills of a cold war.”Kissinger said China and the U.S. were countries of a magnitude exceeding that of the Soviet Union and America, and that the world’s two largest economies, who are locked in a protracted trade war, “are bound to step on each other’s toes all over the world, in the sense of being conscious of the purposes of the other.”Solomon on 1MDB, Kissinger Warns on China-U.S. Ties: Live at NEF“So a discussion of our mutual purposes and an attempt to limit the impact of conflict seems to me essential,” he said. “If conflict is is permitted to run unconstrained the outcome could be even worse than it was in Europe. World War 1 broke out because a relatively minor crisis could not be mastered.”Kissinger, 96, said he hoped trade negotiations would provide an opening to political discussions between the two countries.“Everybody knows that trade negotiations, which I hope will succeed and whose success I support, can only be a small beginning to a political discussion that I hope will take place,” he said.QuickTake: How U.S.-China Tech Rivalry Looks Like Cold War 2.0Kissinger spoke hours after Chinese Vice President Wang Qishan addressed the NEF, saying his country was committed to peace and would follow through on policy changes despite facing challenges at home and abroad.“Between war and peace, the Chinese people firmly choose peace. Humanity cherishes peace,” he said. “We should abandon the zero-sum thinking and cold war mentality.”The U.S. and China are trying to assemble a partial trade agreement amid wider tensions ranging from human rights concerns over pro-democracy protests in Hong Kong and the detention of Muslims in China’s Xinjiang region to strategic competition in the South China Sea. Kissinger said he thought a solution to the unrest in Hong Kong was possible, if not likely, and that he hoped it would be resolved via negotiation.The New Economy Forum is being organized by Bloomberg Media Group, a division of Bloomberg LP, the parent company of Bloomberg News. Other guests include Microsoft Corp. founder Bill Gates and former U.S. Treasury Secretary Hank Paulson.\--With assistance from Shelly Banjo.To contact Bloomberg News staff for this story: James Mayger in Beijing at firstname.lastname@example.org;Peter Martin in Beijing at email@example.comTo contact the editors responsible for this story: Brendan Scott at firstname.lastname@example.org, Karen Leigh, Daniel Ten KateFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
Until last October, 28-year-old Carl Nielsen was struggling to stay employed as a coffee shop barista. Nielsen is now working at the Newcastle office of EY after a manager keen on hiring autistic staff became aware of him as part of a recruitment programme the accounting firm has launched to increase what it calls “neurodiversity” in its workforce.
"Today's review action recognizes Best Buy's consistent operating performance over the past few years and strong credit metrics relative to retail peers" stated Moody's Vice President Charlie O'Shea. Best Buy's Baa1 rating reflects the company's strong quantitative credit profile, with debt/EBITDA of around 1.0 times, EBITA/interest of over 10 times, and RCF/net debt over 80%, and the company's conservative financial policy, especially its historical pattern of limiting share repurchases to preserve its credit metrics. Additional rating support emanates from Best Buy's continued progress towards omni-channel, with an online business that leads brick-and-mortar on many fronts.
A blog post this week by Microsoft Corporation (NASDAQ: MSFT) revealed its Microsoft Teams service now has more than 20 million users. Moskowitz said Teams seems to be gaining momentum, which is "clearly a negative" for Slack. “As we have stated previously, we believe that Teams significantly reduces WORK’s pricing power and limits the enterprise penetration opportunity,” Moskowitz wrote in a note.
(Bloomberg Opinion) -- Amazon.com Inc. loves to tinker and test. Sometimes projects that seemed like mindless fiddling — the Kindle e-reader, the Prime shopping club, its Amazon Web Services cloud-computing operation — turned out to be important advances for the company, its customers and the technology industry.Despite that history, I have to ask: Does Amazon know what it’s doing in groceries?When Amazon agreed to buy the Whole Foods supermarket chain for nearly $14 billion more than two years ago, it was regarded largely as a bold masterstroke. Groceries and other household goods are a magical category of consumer spending, with close to $1 trillion spent in the U.S. each year. The combination of large spending, the frequency of grocery shopping and its relative lack of e-commerce penetration has made groceries a prime (pun intended) target for Amazon, China’s Alibaba Group Holding Ltd. and other new economy giants.So far, Amazon’s serious foray into groceries is marked by head-scratching tactics and middling financial and strategic performance. It’s still early in the supermarket era for Amazon, and it’s never wise to count the company out. Still, unlike Amazon’s history of wild experiments that became wild successes, the company doesn’t have the field of grocery innovation entirely to itself. And it remains unclear whether Amazon has a novel or sensible idea to take grocery shopping in a fresh direction. For now, Amazon has a growing grocery sprawl. Customers can buy groceries and household goods from Amazon in a tangle of spots: its eponymous website; Prime Pantry, a separate shopping club for bulky household goods; the 12-year-old Amazon Fresh grocery delivery service that is expanding; Whole Foods and its separate and expanding delivery operation; the Prime Now delivery service for orders in some cities in one or two hours; Amazon’s couple dozen Go convenience stores without cashiers; a different supermarket chain that Amazon is starting from scratch; a couple of drive-in grocery pickup kiosks in the Seattle area; and — if you’re not exhausted yet reading this list— Bloomberg News reported Wednesday that Amazon wants to take the cashier-less Go technology into larger, supermarket-sized stores.There may be a method to Amazon’s grocery madness. For now, it just looks like madness.The company’s most established grocery operation, Fresh, has languished for years. Amazon has made sensible changes at the 500-store Whole Foods chain, but there have been few of the earth-shattering retail innovations that people expected or feared at the time of that acquisition. And Amazon, which has had patchy success with online shopping outside the U.S., has a largely parochial supermarket operation.Investors barely press Amazon to explain its performance and strategy with Whole Foods and its other food initiatives, and Amazon has obliged by not saying much. Amazon’s limited financial disclosures are enough to make me wonder whether groceries sales at U.S. market leader Walmart are growing faster than those at Amazon’s relatively pipsqueak operation.Amazon’s reported third-quarter revenue growth for its physical stores, which include Whole Foods, Go stores and Amazon’s collection of bookstores — declined 1% from a year earlier after adjustments for movements in foreign currencies. This growth figure excludes Whole Foods delivery orders or purchases made for pickup in stores — fast-growing categories of grocery spending.Amazon in previous quarters provided adjusted figures that indicated its physical stores’ revenue growth was closer to 5% to 6% including online and pickup orders. Walmart in the third quarter said its U.S. grocery operation recorded a “mid-single-digit” percentage comparable sales growth — roughly the same range, you’ll notice, as Amazon’s earlier growth figures.The strategic and financial costs for Amazon’s grocery initiatives are enormous. Whole Foods was by far Amazon’s largest acquisition in its history. My Bloomberg News colleagues previously reported that Amazon has spent hundreds of millions of dollars on Go stores, and that may be a lowball figure. In Wednesday’s article, Bloomberg reported that some of the 1,000 or so people working on Go were recently told their cumulative salaries have totaled more than $1 billion since the project started in 2012.A larger, suburban-sized grocery store is what Amazon originally imagined for its cashier-less Go stores before deciding that megamarkets were overly ambitious. The smaller-format Go stores certainly have received much attention — and they are the genuinely novel idea that Amazon hasn’t showed in its other physical store attempts. Still, it’s hard to call the Go stores a success so far, and Amazon has been less ambitious with their rollout than it planned initially.The sophisticated technology behind shopping with as little human interaction as possible is a promising idea, and it could be licensed to non-Amazon supermarkets or other retail stores, as Amazon, Microsoft Corp. and other technology companies are trying. I do wonder whether retailers that compete with Amazon — essentially all retailers these days — will be willing to pay to use technology from a competitor. Those fears, and the response by technology companies and grocers to Amazon’s push into food sales, are among the signs that Amazon may have less time to tinker than it did in the past. It’s the company that everyone else watches closely, to immediately imitate or respond to what it is doing. Amazon has a long leash from investors to figure out tactics that will give the company a crack at an enormous chunk of people’s wallets. The experience of shopping for groceries definitely could use fresh ideas and approaches. I’m just not convinced that Amazon has them.To contact the author of this story: Shira Ovide at email@example.comTo contact the editor responsible for this story: Daniel Niemi at firstname.lastname@example.orgThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Shira Ovide is a Bloomberg Opinion columnist covering technology. She previously was a reporter for the Wall Street Journal.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.
In the third quarter, global dividends hit a record, but the annual growth has decelerated sharply, signaling that "a marked slowdown is under way."
Rockwell Automation's (ROK) latest partnership with Accenture to assist clients in leveraging Industrial Internet of Things and provide customers with a single digital solutions provider.
AWS, Amazon's (AMZN) robust cloud platform, extends global partnership with Salesforce.com in a bid to further bolster its cloud offerings.
Microsoft (MSFT) stock is looking quite impressive for momentum-oriented investors as it has favorable price performance and is also seeing positive estimate revisions.
The deal is likely to facilitate the digital transformation of Vodafone (VOD) and enhance its service capabilities for superior customer experience.
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