59.83 0.00 (0.00%)
After hours: 4:17PM EDT
|Bid||53.00 x 1200|
|Ask||0.00 x 1800|
|Day's Range||59.49 - 59.94|
|52 Week Range||36.25 - 59.94|
|PE Ratio (TTM)||13.39|
|Forward Dividend & Yield||0.28 (0.46%)|
|1y Target Est||77.01|
Sony's WH-1000XM3 headphones are the sort of dream gadget I can review succinctly in one sentence: They're incredibly comfortable, and they sound amazing. When the first 1000XM pair debuted in 2016, they weren't just another set of premium cans -- they were a sign that Sony was ready to take on Bose for the high-end noise canceling crown. Now with its third version, Sony is giving us little reason to look elsewhere.
Gaming companies Electronic Arts (EA), Take-Two Interactive (TTWO), and Activision Blizzard (ATVI) bank heavily on successful franchises to drive revenue. A successful franchise can easily churn over a billion dollars for gaming companies. While EA has the FIFA and NFL sports franchises, Activision has the Call of Duty franchise. Take-Two has its blockbuster game Grand Theft Auto.
IMAX's partnership with Wanying Cinema Line continues to expand its presence in China. The company is set to open 14 more theaters in the country.
The current generation Xbox and PlayStation consoles are still going strong, thanks to the mid-generation upgrades they have received. MSFT has only recently confirmed the Xbox Scarlett at the E3 2018 event in June.
Roughly a month-and-a-half ago, Apple (NASDAQ:AAPL) made headlines around the world when it became the first $1 trillion company. Not only that, Apple stock has continued to impress Wall Street, gaining over 34% year-to-date. If that does occur, the AAPL stock price has a long way to fall.
Shares of Advanced Micro Devices (AMD) surged nearly 5% in early morning trading Thursday after the popular chip stock was the subject of another bullish analyst note.
Rather, the focus was on iPhones and the Apple Watch. In the end, there was nothing that should change your opinion about Apple stock. Apple Watch: After an initial slow start, the device has been able to get momentum.
Microsoft (MSFT) has ended the program that allowed customers to spread out payments for a new Surface Pro device over two years. In addition to paying for the cost of a new device over two years, the program also allowed Microsoft hardware customers to upgrade to a new Surface Pro device after 18 months as long as they returned their old device in good condition. Microsoft said it was ending the Surface financing program after “much thought and consideration,” but didn’t elaborate on the decision.
Shares of Advanced Micro Devices Inc. are up 1.6% in premarket trading Thursday after FBN Securities analyst Shebly Seyrafi initiated coverage of the stock with an outperform rating and $40 price target. He's upbeat about the ramps in Epyc server chips and Ryzen processors for PCs. The Epyc ramp "could help AMD penetrate the $16 billion server-chip total addressable market," he wrote, while Ryzen seems to be "allowing AMD to gain share or stop share loss in CPUs over Intel Corp. . Seyrafi also highlighted that AMD sells semi-custom chips to Microsoft Corp. and Sony Corp. , which are two of the top three game-hardware companies. "We believe that Microsoft and Sony are more likely to launch major new gaming consoles in F2020 than in F2019, so we model AMD's semi-custom segment to decline in F2019 before growing again in F2020," he wrote. AMD shares have been on a tear lately. They're up 97% over the past three months, as the S&P 500 has climbed 4% and the PHLX Semiconductor Index has fallen 5%.
Sony is the latest tech giant pledging to power its worldwide operations with 100 percent renewable energy. All of its 111 global business sites -- which produce everything from games consoles and semiconductors to Hollywood blockbusters -- will go green by 2040, says the company.
It would be less than accurate to say the new Xbox All Access offering from Microsoft (NASDAQ:MSFT) is bulletproof. It makes buying the uncomfortably expensive Xbox far more palatable to gamers. Indeed, factoring in access to “rented” games rather than requiring the outright purchase of them, Xbox All Access is now arguably the better value relative to owning the rival PlayStation 4 console, made by Sony (NYSE:SNE).
It was just a few days ago Microsoft (NASDAQ:MSFT) took the idea of renting rather than buying video games a step forward. With last month’s introduction of Xbox All Access, however, video gamers would now be able to secure a relatively expensive Xbox console by making modest monthly payments that also offered online access to a deep library of games. Don’t think for a minute that Microsoft is the only outfit in the gaming world offering subscription-based access to games, however.