|Bid||0.00 x 800|
|Ask||119.90 x 1100|
|Day's Range||119.44 - 121.11|
|52 Week Range||114.09 - 171.13|
|Beta (3Y Monthly)||1.87|
|PE Ratio (TTM)||19.32|
|Earnings Date||Jan 22, 2019|
|Forward Dividend & Yield||6.28 (5.20%)|
|1y Target Est||153.58|
There is nothing seriously wrong at Adobe Systems (NASDAQ:ADBE). Despite reporting “record quarterly and annual revenue,” ADBE stock plunged. Shares of Adobe are now down roughly 6% at about $243 per share. The “problem” was that while $1.87 per share of earnings looked great on paper, analysts had been expecting a penny more. For the year, Adobe earnings came in six cents short of estimates for $6.82 per share, reporting per-share earnings of $6.76.
Jim Cramer shares his outlook on the stock of big-box retailer Walmart in a lightning-fast question-and-answer session with callers.
Amazon (AMZN) stock has fallen over 16% in the last three months as part of the larger market pullback driven by the likes of Apple (AAPL) and other giants. The company's days of 40% top-line growth might also be over. But let's dive into Amazon's overall business picture and outlook to see if investors should buy AMZN stock heading into 2019.
Amazon Web Services argued it should be added as a defendant in Oracle's JEDI lawsuit because of its “direct and substantial economic interests at stake."
The lawsuit is the latest protest by Redwood City-based Oracle over the Joint Enterprise Defense Infrastructure, or JEDI, contract, for which Amazon.com's Amazon Web Services is largely seen to be the frontrunner.
Red Hat's (RHT) third-quarter fiscal 2019 earnings are likely to benefit from robust traction of OpenShift and Ansible, and strong cross-selling, driven by an expanding partner base.
IBM’s pursuit of Red Hat came down to the wire, as a proxy statement filed this week shows three other suitors were in discussions with the Raleigh company – just days before the deal press release went out.
Earlier this year I wrote on Warren Buffett (Trades, Portfolio)'s IBM (IBM) expedition. Warning! GuruFocus has detected 3 Warning Sign with BRK.A. Click here to check it out. How much did Buffett lose?
As companies look to simplify increasingly complex business processes and upgrade their technology infrastructure, SAP S/4HANA allows companies to enable new capabilities not available before, helping them lay the foundation for easier adoption of innovative technology such as AI and blockchain. Smart & Final Stores, a value-oriented food and everyday staples retailer, recently turned to IBM Services as the company set out to reinvent their operational business processes, beginning with modernizing their financial processes and systems.
As companies look to simplify increasingly complex business processes and upgrade their technology infrastructure, SAP S/4HANA allows companies to enable new capabilities not available before, helping them lay the foundation for easier adoption of innovative technology such as AI and blockchain. Smart & Final Stores, a value-oriented food and everyday staples retailer, recently turned to IBM Services as the company set out to reinvent their operational business processes, beginning with modernizing their financial processes and systems. Key to embarking on this journey was to adopt the right approach to SAP S/4HANA that helped ensure a continuous path to improved business performance, enhanced employee experience and operational efficiencies to support future growth.
Dell Technologies to start trading from Dec 28, after more than 61% shareholders approved its plan to buy back the VMware (VMW) tracking stock.
Oracle (ORCL) knows that it is way behind in the cloud services market and it needs to do something dramatic to address this issue. According to Synergy Research Group, Amazon (AMZN), Microsoft (MSFT), IBM (IBM), Google (GOOG), and Alibaba (BABA) are the top five players in the cloud services market as of Q3 2018.
ARMONK, N.Y., Dec. 12, 2018 /PRNewswire/ -- A new IBM (NYSE: IBM) study estimates that 62 percent of automotive executives believe blockchain will be a disruptive force in the auto industry by 2021. The new study, "Daring to be first, How auto pioneers are taking the plunge into blockchain," developed by the IBM Institute for Business Value (IBV) in collaboration with Oxford Economics, is the result of a survey with 1,314 automotive executives (OEMs and suppliers) across 10 business areas and 10 countries including China, Germany, India and the United States. The global data revealed finance, supply chain and mobility services as top areas where blockchain could be beneficial.
Microsoft (MSFT) stock has been hurt far less during the recent market downturn than some of its fellow titans such as Apple (AAPL) and Amazon (AMZN). And right now, the historic tech powerhouse's stock looks like a buy based on its growth outlook and positive earnings revision trends.
NEW YORK, Dec. 11, 2018 -- The following statement is being issued by Levi & Korsinsky, LLP: Levi & Korsinsky, LLP announces that investigations have commenced on.
The IBM (NYSE: IBM) board of directors today elected Martha E. Pollack to the board, effective February 1, 2019. Dr. Pollack, 60, is the 14th president of Cornell University. Dr. Pollack joined Cornell in 2017 after serving for more than three years as the provost and executive vice president of academic affairs at the University of Michigan, where she had previously served as vice provost and as a dean.
Paraguay Bank Leverages Automatic Machine Learning Capabilities of H2O Driverless AI on IBM POWER9-based systems with GPUs MOUNTAIN VIEW, Calif. and ARMONK, N.Y. , Dec. 11, 2018 /PRNewswire/ -- IBM (NYSE: ...
With many stocks in bear market territory, it is clear that corporate treasurers are as bad as everyone else is when it comes to market timing. Much of the cash spent on stock buybacks in recent years has done little to prepare companies for a more difficult future.
On November 29, Tech Data (TDC) announced its third-quarter earnings. The strong earnings growth and outlook resulted in Tech Data’s stock gaining by around 20% the day earnings were announced. In an interview with CNBC’s Jim Cramer on December 10, Tech Data CEO Rich Hume said, “Hybrid cloud is clearly the mode of the future.” Why did he say that?