|Bid||91.81 x 1400|
|Ask||91.97 x 4000|
|Day's Range||91.75 - 93.46|
|52 Week Range||67.62 - 122.24|
|Beta (3Y Monthly)||1.32|
|PE Ratio (TTM)||13.53|
|Earnings Date||Jul 24, 2019 - Jul 29, 2019|
|Forward Dividend & Yield||1.00 (1.13%)|
|1y Target Est||114.89|
Marvell (MRVL) aims to enhance its product portfolio with the impending acquisition of Avera Semiconductors, which is expected to close by January 2020.
On Friday, the administration barred U.S. firms from supplying components to the Chinese maker of telecommunications equipment, which it accuses of helping Beijing to spy. For now, the moves by Germany’s Infineon Technologies AG and others are precautionary while the finer details of the ban are examined. Companies are unsure whether the restriction extends to the U.S. operations of European firms.
WASHINGTON/BEIJING (Reuters) - A U.S. bid to block China's Huawei Technologies from buying vital American technology threw into question prospects for sales at some of the largest tech companies and drew a sharp rebuke from Beijing, further ratcheting up tensions over trade. Shares of Huawei's U.S. suppliers fell on fears the Chinese firm would be forced to stop buying American chips, software and other components after the Trump administration banned it from buying U.S. technology without special approval.
[Editor's note: This story was previously published in February 2019. It has since been updated and republished.]Full-blown autonomous driving won't be here tomorrow, but it's certainly on the way. The technology has drawn mixed emotions from consumers. Some don't trust it and aren't excited for a computer to navigate the vehicle that they're in. Others are embracing the technology and can't wait for it to happen. That's one reason they're looking for self-driving car stocks to buy.For all the doubters out there, though, please realize this technology is coming. I know this for two reasons: that it will save lives and save money. Almost 40,000 people die in the United States each year due to automotive accidents, an unacceptable level of fatalities. My hope is that one day we look back and say we can't believe how high that number used to be.InvestorPlace - Stock Market News, Stock Advice & Trading TipsUltimately, self-driving cars will cut that number down. It's why we have hundreds of companies collectively pouring billions of dollars into the solution. It will increase productivity, improve safety and decrease logistics costs. Simply put, it would be crazy to ignore this opportunity. * 10 Retirement Stocks That Won't Wilt in a Bear Market With that said, let's examine some autonomous car stocks to buy.Source: Waymo Alphabet (GOOGL,GOOG)Alphabet (NASDAQ:GOOGL, NASDAQ:GOOG) should be considered the leader of the self-driving car movement. It's the first major company that devoted major dollars to establishing a program for an autonomous fleet and it's no surprise that it's still the leader a decade later.After launching its own segment, Waymo, the company has seen the unit's valuation soar. More than one analyst has pegged its valuation at more than $100 billion. Morgan Stanley analysts hold the top valuation mark for now, saying Waymo could be valued at up to $175 billion.It operates the only commercial autonomous vehicle program in the country and has plans to expand globally. Waymo is also eyeing the semi truck market for its autonomous vehicle services and licensing to automakers isn't out of the question down the road.Simply put, this company is leading the pack. If you want exposure to just one company with a rock-solid balance sheet and exposure to self-driving cars, GOOGL is the stock to buy.Source: Shutterstock General Motors (GM)Widely considered in second place for autonomous driving commercial services in the U.S. is Cruise, a subsidiary of General Motors (NYSE:GM).GM acquired Cruise for roughly $1 billion in August 2016. Following investments from SoftBank and Honda (NYSE:HMC) in 2018 though, the valuation has soared all the way up to $14.6 billion. Talk about a return on investment. GM CEO Mary Barra has proven she can lead an innovative team while also making savvy acquisitions when needed.Cruise gives GM a viable commercial autonomous taxi option for the future, while the company's own self-driving technologies -- like Super Cruise in its Cadillac line -- have proven to be an industry leader as well. GM is among those fighting for a spot at the top when it comes to autonomous driving and that shouldn't come as a surprise. * 10 Retirement Stocks That Won't Wilt in a Bear Market Just when everyone wants to dump the automaker, it comes out with strong guidance for the quarter and for fiscal 2019. Then it tops Q4 estimates and reiterates guidance. The valuation is low with a single-digit P/E ratio and the dividend is high with a 4% yield. GM could be a good stock to buy if it sees a large pullback this year.Source: Shutterstock Nvidia (NVDA)After making its name in gaming and computer chips for years, Nvidia (NASDAQ:NVDA) quickly found itself in the dog house, falling about 50% in the fourth quarter. What a brutal beating for investors. Nvidia stock then recovered in Q1, but has since retreated againHowever, it gives investors -- particularly those looking for self-driving car stocks to buy -- an opportunity to invest in a long-term theme on the cheap. Despite the drumming Nvidia has received following its inventory-related issues, there's no denying its position among the autonomous driving leaderboard.Unlike GM and Waymo though, Nvidia does not have its own autonomous taxi service. Instead, it's building hardware and software solutions for hundreds of customers focused on self-driving cars. Put simply, it requires a mind-boggling amount of input and power to operate a self-driving vehicle. Whether it's an automaker, research team or startup, many of these companies are leaning on Nvidia as the backbone to their self-driving aspirations.As such, Daimler (OTCMKTS:DDAIF), maker of Mercedes-Benz, has partnered with Nvidia for its autonomous driving and self-driving taxi ambitions. Look for automotive revenue to continue increasing for the foreseeable future for Nvidia.Source: stargazer2020 via Flickr Intel (INTC)Like Nvidia, Intel (NASDAQ:INTC) is not building its own autonomous driving platform. However, the company is working on components that will help other companies build its own self-driving systems.Various chips are on the way and Intel's $15.3 billion acquisition of Mobileye is helping lead its charge. The company made the costly acquisition in order to bolster its portfolio in the automotive segment and give itself a chance in the self-driving car race.While Intel may not get much of the spotlight, it is worth mentioning the company's advances. During the Autonomous Vehicles 2018 conference in Detroit, MI. In August, I witnessed the company's breakdown of its Responsibility-Sensitive Safety program (RSS). Acting as a reactionary system for autonomous driving, it helps improve safety and mitigate risk. It's not perfect, but it was an impressive program to watch at work.Intel also has deals in the pipeline. In 2018, Intel agreed that it will supply its relatively new EyeQ5 chip in 8 million vehicles for a so-far unnamed European automaker. The deal won't begin until 2021 and while the terms weren't disclosed, 8 million cars is a lot of vehicles. Consider that U.S. consumers buy about 17 million new models per year. * 10 Retirement Stocks That Won't Wilt in a Bear Market In other words, Intel has a future in the autonomous driving space, making it a good stock to buy.Source: BlackBerry BlackBerry (BB)This list doesn't have to be five stocks long -- it could be 25 without an issue. There are so many companies involved, many don't even realize it. There's cloud and data companies, automakers, semiconductor manufacturers, OEM suppliers, chip makers and a long list of others that are involved.That said, we could have listed Tesla (NASDAQ:TSLA), Baidu (NASDAQ:BIDU) for its Apollo driving program, NXP Semiconductor (NASDAQ:NXPI) and a whole host of others. But let's talks about BlackBerry (NYSE:BB) because it doesn't get much love when talking about self-driving car stocks to buy.BlackBerry is a software and security play. After talking up Jarvis at last year's Detroit Auto Show (in 2018), the discussion has admittedly faded somewhat. However, BlackBerry is already in tens of millions of vehicles and is partnering with some of the largest automakers in the world. When -- not if -- autonomous driving hits its stride, security will be one of the top concerns for automakers.With BlackBerry having an excellent reputation in this regard, it will be (and to some extent, already is) a go-to stock to buy in automotive software security. Autonomous vehicles are essentially computers on wheels and that's a big deal for a company like BlackBerry, making it a good stock to buy.Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Bret Kenwell is long GOOGL and NVDA. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 10 Retirement Stocks That Won't Wilt in a Bear Market * 5 Consumer Stocks Ready to Push Higher * 3 of the Best ETFs to Buy for a Play on Gold Stocks Compare Brokers The post 5 Self-Driving Car Stocks to Buy appeared first on InvestorPlace.
These Tech Giants Are Making the NASDAQ Bleed TodayMarket sell-off intensifiesThe global market sell-off that started earlier this week due to an escalation in US-China trade tensions has intensified on May 9. Today’s steep falls in large tech
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News Highlights: Unveils new machine learning-based anomaly detection solution powered by NXP’s Anomaly Detection Toolbox, NXP i.MX RT Crossover Processors and Microsoft’s.
NXP Semiconductors NV NASDAQ/NGS:NXPIView full report here! Summary * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is low Bearish sentimentShort interest | PositiveShort interest is extremely low for NXPI with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting NXPI. Money flowETF/Index ownership | NegativeETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding NXPI totaled $5.74 billion. Additionally, the rate of outflows appears to be accelerating. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Technology sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
latest acquisition still needs a key sign-off in China. "The emergence of AI and data science, as well as billions of simultaneous computer users, is fueling skyrocketing demand on the world's datacenters," Huang said of the deal in March. in datacenter, many recognize that datacenters will be a long-term drier of growth for semiconductor companies and as such will be a vital area to attack for Nvidia.
Not to be confused with the emergency distress signal, but the holiday celebrated by many parts of the world today, which is sure to obfuscate true trading activity and volumes. Just Apple earnings to digest (shares are up nearly 6% in the early going), an FOMC decision, ADP employment figures and monthly auto sales.
The Dutch chip maker expects continued softness in the second quarter, but a more positive market environment beyond that.
Advanced Micro Devices (AMD) reports earnings and revenue beats on conservative EPS estimates. AMD reports revenues down 23% Y/Y and down 10% Q/Q. Management is very optimistic about their performance this quarter and quarters to come. AMD jumped 4.5% in after-hours trading.
What Drove NXP Up 6% and Dragged AMD Down 2.5%NXP stock rises over 6%The April 30 trading session started with NXP Semiconductors’ (NXPI) stock rising 6.25% in the first half, making it the top gainer on the NASDAQ. The stock rose as the company
Semiconductors are lagging the Nasdaq Composite today, but still solidly in the green. Yahoo Finance's Jared Blikre joins Myles Udland to break down the action in the chipmaker space, as President Trump partially walks back a tougher trade stance.