|Bid||1,184.92 x 100|
|Ask||1,186.00 x 600|
|Day's Range||1,184.22 - 1,196.86|
|52 Week Range||903.40 - 1,204.50|
|PE Ratio (TTM)||50.17|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||1,291.00|
Keith Bliss of DriveWealth LLC joins Seana Smith from the floor of the New York Stock Exchange to discuss the latest market moves as earnings season kicks into high gear, with 90% of S&P 500 companies reporting beats on net income.
Jason Ware of Albion Financial and Chris Konstantinos of River Front Investment Group join the 'Closing Bell' team to share their expectations for Alphabet, Facebook, Amazon ahead of their quarterly earnings report next week.
Global digital search giant Google (NASDAQ:GOOG) is set to report highly anticipated second quarter earnings after the bell on Monday, July 23. Since, GOOG stock has rallied nearly 20% to $1,200. Two, the analyst team at Goldman Sachs just lifted their price target on GOOG stock from $1,250 to $1,350, and reiterated their Buy and Conviction List ratings on the stock.
Google's Q2 report arrives after the close on Monday, and its call will start at 4:30 P.M. Eastern Time. Excluding traffic acquisition costs (TAC - ad revenue-sharing payments made to partners), the analyst consensus is for revenue of $25.58 billion (up 22% annually) and GAAP EPS of $9.66. A 59% increase in paid ad clicks more than offset a 19% drop in cost per click (ad price).
https://asset.wsj.net/dynamic-insets/charts/cdc_2adbd3524624e8cb3318f883.json Goldman Sachs Group Inc. - DOWN 0.2% (Tuesday) Goldman Sachs headlined the bank earnings show this past week, notching a 51% increase in quarterly profit and announcing that veteran investment banker David Solomon would succeed Lloyd Blankfein as chief executive on Oct.
Rarely does a day go by in the U.S. stock market without someone decrying its addiction to gains in the FANG bloc of tech megacaps. Now, in the middle of earnings season, their support has gone missing, and the result has been something less than a catastrophe. The S&P 500 Index ended where it started, and the Nasdaq 100 -- home of Facebook Inc., Amazon.com, Netflix Inc. and Google parent Alphabet Inc. -- slipped from a record.
With its various market-leading products, Nvidia's ecosystem will make it a leader in the autonomous driving movement.
Tesla TSLA and SpaceX billionaire Elon Musk and all three of the co-founders of Google’s DeepMind are among the thousands of individuals and almost 200 organizations who have publicly committed not to develop, manufacture or use killer robots. “We the undersigned agree that the decision to take a human life should never be delegated to a machine,” reads the pledge published Wednesday and organized by the Boston nonprofit Future of Life , an organization that researches the benefits and risks of artificial intelligence along with other existential issues related to advancing technology. There is also a powerful pragmatic argument: lethal autonomous weapons, selecting and engaging targets without human intervention, would be dangerously destabilizing for every country and individual,” the pledge says .
The three-day crash course in startup basics will host anyone from the coding, entrepreneurship and developers worlds to learn from coaches and mentors from homegrown startups and Google.
Leading the Apple (NASDAQ:AAPL) rumor mill today is a teardown of the 2018 MacBook Pro keyboard. MacBook Pro Keyboard: A new teardown from iFixit focuses more on the new keyboard in the 2018 MacBook Pro. Siri: The last cofounder of Siri is no longer with Apple, reports BGR. Tom Gruber is one of the three people responsible for creating Siri.
The company’s autonomous vehicles just drove 8 million miles on public roads. It took the company just one month to go from 7 million miles to 8 million miles driven. Waymo’s acceleration in logging miles with self-driving cars has picked up in the last year.
The $5 billion penalty stems from its use of the Android operating system's dominance to crush potential competition.
The View From Silicon Valley The departures of a handful of cybersecurity officials from the Federal Bureau of Investigation less than four months before midterm elections has further complicated what is already a growing headache for some of tech's biggest players. At least five officials have exited over clashes with the Trump Administration amid mounting concerns of cyber intrusions from Russia and other countries leading up to the Nov. 6 elections.
Options traders are betting the stock increases over the next four weeks by as much as 9%. The long straddle options strategy for expiration Aug. 17 is suggesting shares of Alphabet rise or fall by about 6% from the $1,250 strike price. The call options at the $1,300 and $1,310 strike price have seen a rise in their open interest.
Earnings season got busy this week with the remainder of the big financial firms, most of our top industrial companies, and the first wave of tech leaders announcing their latest quarterly results. Next week will be even busier. Here are the top three technology reports to watch next week.
In a note to clients Thursday, analysts at Goldman Sachs lifted their 12-month price target on the Google parent company to $1,350, up from $1,250. Goldman's new price target reflects an 11% upside from Wednesday close. Analyst Heather Bellini cited checks with advertisers, forecasting second-quarter results for the Mountain View, California-based company to come in above consensus estimates. "Our advertiser checks point to a solid 2Q, with particular strength noted in overall pricing, mobile search and product ads.
Alphabet got hit with a big fine; United Continental’s Q2 went just fine; and Amazon Prime Day defines what it means to pull off a successful marketing event.
Ryan McQueeney and Maddy Johnson take on this week's biggest stories, including the latest twist in the ongoing battle between Comcast and Disney to buy Fox assets, Google's new legal headache in Europe, and earnings report from the likes of IBM and Microsoft.
Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) joins the FAANG flood of earnings next week. Unfortunately for GOOGL stock investors, Alphabet’s earnings may come with a significant write-down of more than $5 billion. According to the E.U., Alphabet violated antitrust regulations by requiring mobile phone makers to include the Google search bar as the default search engine on Android.
The new 3D-enabled features help design teams to boost performance and save on costs by improving the design cycle. The 3D design tools will help to integrate the Sigrity tools with Cadence Allegro technology, thereby improving efficiency and reducing errors. The newly launched platform will allow clients with their own cloud environments to utilize cloud-ready Cadence tools and a secured cloud-based license server for better productivity.