|Bid||34.55 x 3200|
|Ask||34.58 x 800|
|Day's Range||34.40 - 35.00|
|52 Week Range||11.91 - 44.72|
|Beta (5Y Monthly)||1.91|
|PE Ratio (TTM)||37.50|
|Earnings Date||Aug 03, 2021 - Aug 09, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||43.57|
The U.S. Congress takes up the issue on Tuesday of yet another area where big tech firms -- in this case, Amazon.com and Alphabet's Google -- dominate, this time in smart home devices where they battle smaller companies like speaker maker Sonos Inc. One result has been a series of investigations and several federal and state lawsuits filed against Google and Facebook as well as a long list of antitrust bills. Senator Amy Klobuchar, who chairs the antitrust subcommittee, is hoping to act before the existing tech giants, in this case Amazon and Google, establish themselves as unassailable.
Ikea and Sonos have released a new “Symfonisk” product that hides a speaker inside a picture frame. Both companies described the picture frame as the latest result from a “long-term collaboration”, suggesting more products are likely on their way. The new Symfonisk picture frame costs £179 and €179.
Alphabet's Inc's Google (NASDAQ: GOOG) (NASDAQ: GOOG) and Amazon.com Inc's (NASDAQ: AMZN) executives will lead the list of witnesses for a Senate Judiciary Committee's antitrust subcommittee hearing on Tuesday, Reuters reports. The hearing will also include a Sonos Inc (NASDAQ: SONO) executive. Sonos CEO Patrick Spence blamed Google and Amazon in a 2020 congressional testimony for unfairly exploiting the search and online retail businesses to subsidize the smart speaker market and dominate the n