|Bid||227.95 x 200|
|Ask||228.46 x 400|
|Day's Range||227.45 - 232.10|
|52 Week Range||102.11 - 254.50|
|PE Ratio (TTM)||47.45|
|Earnings Date||May 7, 2018 - May 11, 2018|
|Forward Dividend & Yield||0.60 (0.26%)|
|1y Target Est||249.58|
The battle royale is underway the gaming world, and it could spell big business for the companies providing the hardware. The relatively new battle royale format makes the games fun to play. “We believe these four factors will result in "Fortnite" being a top five game for the next several years,” Munster said.
Is "sell in May and go away" a reliable rule for how to invest in stocks? Amazon, Nvidia, Adobe and the general market have shown why that old maxim is speculation, not strategy.
Earlier this week Alibaba said will make its own chip available for access through its cloud. Google has developed chips for AI, and Facebook has a nascent chip effort. Chinese retailer and cloud infrastructure provider Alibaba BABA is the latest company to think up its own design for processors that can run artificial intelligence software.
For some years now, there has been a tension between the world’s largest tech companies—Alphabet, Amazon.com, Facebook, Apple, Microsoft, Baidu, and Alibaba Group Holding—and the chip companies they rely on, especially Intel and Nvidia. While the giants buy massive quantities of Intel’s (INTC) microprocessors, and Nvidia’s (NVDA) graphics chips, or GPUs, to power their data centers, they are also in an arms race to have the best artificial-intelligence-based machine-learning functions. Because of this, there was always the possibility the giants might decide to buy fewer off-the-shelf parts and make their own custom chips to get an edge on one another.
The markets hate uncertainty, and there is more than enough of that to go around right now. But while near-term prospects might look hazy, traders can always take the long view and look towards the industry ...
In the April Action Alerts PLUS members' call, Jim Cramer talked about why it's bad that Nvidia is now tied to cryptocurrencies. Watch now.
Key stock market index funds dropped Thursday as Apple and Intel offset a big gain from American Express on the Dow Jones industrial average.
The interest rate watch is on, as are concerns that inflation could gain steam sooner than expected. "Yep, it's race to be the first trillion dollar company and the handicapping shows an insanely close race," writes TheStreet's Jim Cramer.
The world's largest contract chipmaker posted its first-quarter results before the opening bell Thursday, disappointing investors with lower-than-expected revenue guidance. "Moving into second quarter 2018, continued weak demand from our mobile sector will negatively impact our business despite strength in cryptocurrency mining," said TSMC Chief Financial Officer Lora Ho in a statement.
An Asian manufacturer that makes chips for bitcoin mining blamed uncertainty over cryptocurrency mining among the reasons for its weaker than expected guidance for the rest of this year. Taiwan Semiconductor Manufacturing (TSMC) is the largest semiconductor foundry company in the world and also makes chips for leading technology firms such as Apple and Nvidia. "Even if the Bitcoin price stays the same in 2H18, we believe mining profits would drop rapidly," says Morgan Stanley analyst Charlie Chan.
Shares of tech giants Apple (AAPL) and Nvidia (NVDA) opened nearly 2% lower on Thursday after Taiwan Semiconductor Manufacturing (TSM), a key chip partner for both companies, posted lower-than-expected revenue guidance for the second quarter.
U.S. shares of Taiwan Semiconductor Manufacturing Company fell on Thursday after the chipmaker lowered its full-year revenue guidance.
The next week will be crucial for one of the most important market sectors - Tech. Big earnings on the way from Amazon, Alphabet, and Microsoft - but lets start with Netflix. Shares popping THIS week as earnings and subscriber numbers top estimates.
Walmart is loosening the worker dress code at some stores to retain staff. Yahoo Finance’s Alexis Christoforous, Rick Newman, and Brittany Jones-Cooper discuss.
Procter and Gamble is returning its ads to YouTube. Yahoo Finance’s Alexis Christoforous, Rick Newman, and Brittany Jones-Cooper look at what it means.
New details are emerging over President Trump’s conversations with James Comey. This as Rudy Giuliani joins the President’s legal team. Yahoo Finance’s Alexis Christoforous and Rick Newman have more.
President Trump is taking aim at OPEC over rising oil prices. Yahoo Finance’s Alexis Christoforous and Rick Newman look at the President’s latest tweet.
Yahoo Finance's Seana Smith on US stocks losing ground, Apple and Nvidia shares under pressure after chip partner issues weak guidance, Qualcomm slides on layoffs and Amazon shares jump after CEO Jeff Bezos announces Prime has more than 100 million members.
China’s commerce ministry says the trade fight with U.S. won’t have a big impact on its economy. Yahoo Finance’s Alexis Christoforous and Editor-in-Chief Andy Serwer have that story.