|Bid||163.19 x 1400|
|Ask||168.07 x 1100|
|Day's Range||168.24 - 170.63|
|52 Week Range||148.42 - 196.97|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||1.09|
|Expense Ratio (net)||0.43%|
Should You Consider Microsoft Stock in 2019?One of the top software stocks to own in 20192019 has started on a very positive note for Microsoft (MSFT), a leading player in the enterprise software space. Earlier this week, it secured a
Chinese Tech Stocks Surge on Renewed US-China Trade Optimism ## US-China trade optimism Markets cautiously gave a thumbs up yesterday to the renewed optimism that the US and China seem to be engaging in more meaningful talks towards sealing a trade deal. US Commerce Secretary Wilbur Ross stated that both the economic powerhouses could reach a settlement “they can live with, and that addresses all the key issues.” The SPDR S&P 500 ETF Trust (SPY) was up 0.47% on January 9, whereas the iShares Dow Jones US Technology (IYW) jumped 1%. American technology giants Apple (AAPL) and Amazon (AMZN) were up 1.7% and ~0.2%, respectively. American depository receipts of Chinese technology companies NetEase (NTES), Baozun (BZUN), and IQIYI (IQ) were up 6.6%, 3%, and 1.8%, respectively, yesterday. Among the Chinese technology companies, notable gainers were HUYA and Bilibili. Let’s take a look. ## Chinese tech stock rally On January 9, HUYA (HUYA), a leading live game streaming platform in China, witnessed a sharp 6.8% rise in its ADRs (American depository receipts). The company’s ADRs opened at $18.32 and rose to touch an intraday high of $20.20 in afternoon trading. Later on, HUYA ADRs declined marginally to close on $19.45, up ~6.8% from the previous close of $18.22. HUYA ADRs were listed at $16.06 on the NYSE after its IPO in May last year. After soaring to highs of $46.20 after its IPO, the company’s ADRs have significantly declined since then. Much of the decline was related to trade war fears and Chinese authorities’ decision not to approve new games since March 2018, which negatively impacted the game industry in the country. However, 2019 appears to be a different case. The company’s ADRs have soared 23% on a YTD basis as of January 9. Bilibili (BILI), another Chinese technology major, is a video sharing website involving a game, comics, and animation. BILI ADRs surged ~6.6% yesterday. The ADRs reached an intraday high of $16.37 on January 9 before closing on $15.75, up 6.6% from the previous day’s closing price of $14.78. Noted equity research company Morgan Stanley has expressed bullishness towards Chinese technology companies in 2019. Morgan Stanley revised its price target on BILI to $17.0. This price target revision implies an 8% premium on BILI ADRs closing price on January 9.
Demand for Apple's iPhones is falling but the service segment is gaining attention. Does it call for an entry point to Apple ETFs over the medium term?
Microsoft to Help Kroger Set Up a Connected Grocery Store ## Microsoft partners with Kroger On January 7, Microsoft (MSFT) and American retailing major Kroger (KR) announced a partnership for a futuristic retail store pilot project. Kroger is the largest supermarket chain by revenue and the second-largest general retailer in the United States. The companies have joined hands to offer customers a unique shopping experience via the testing of two connected grocery stores. Microsoft and Kroger will be testing the experience at two Kroger stores located in Monroe, Ohio, and Redmond, Washington. This partnership is considered to be the next step for their EDGE (Enhanced Display for Grocery Environment) shelving system, which they announced in 2018. The system includes digital shelving displays that can exhibit pricing, promotions, and nutritional information. With this pilot, Microsoft aims to make further inroads into customers’ shopping experiences through EDGE. ## About the new pilot system With the help of this new system, customers will be able to formulate shopping lists in an app, which will help them to navigate through the store upon their arrival. EDGE displays can also show an image earlier opted for by the customer to locate the merchandise they need. With the help of these visual cues, employees can, in turn, fulfill pickup orders, making the process quicker and relatively easy to execute. Customers can also be notified by the system if the items they need are out of stock and inform the store staff if the quantity goes down. ## Kroger’s move Analysts and investors see this step by Kroger as an attempt to stay relevant in an industry (IYW) in which its rivals, such as Amazon (AMZN) and Walmart (WMT), have made sizable investments in AI technology. Both Amazon and Walmart have been heavily investing in cashierless technologies to curtail long customer lines, which take up a lot of customers’ time. Kroger’s plan is seen as a response to Amazon’s entry into the grocery store space with its 2017 acquisition of Whole Foods.
Apple stock (AAPL) is about to end one of its worst quarters. On a QTD basis, Apple’s peers Microsoft (MSFT) and Amazon (AMZN) have seen 11.5% and 27.0% value erosion, respectively. Today, Apple investors got a reason to celebrate as D.A. Davidson expressed its optimism about Apple’s recent plan to assemble high-end iPhones in India.
For perspective, the iShares Dow Jones US Technology ETF (NYSEARCA:IYW) has fallen nearly 25% since its August high, paving a bearish path for Micron stock to follow. Translation: You may want to go ahead and put MU stock on your watchlist, even if you’re not quite ready to buy it today.
Investors have had to digest a lot in the past 12 months. While 2017 saw continued bull-market exuberance, the emotional trend of 2018 seems to be one of trepidation about more challenging times ahead. There are few signs that the tech sector sell-off is easing.
While millennials are doing a good job of saving in traditional ways, not parking their money in high-return investment options could be a potential mistake.
During trading hours of Nov 26, Microsoft surpassed Apple to become the most-valuable publicly traded company, putting the related ETFs in focus.
The U.S. equity rally is beginning to lose steam and investors should not expect markets to maintain their breakneck spurt of yesteryear. Nevertheless, traders may still find value in some battered sectors ...
The Dow Jones Industrial Average fell over 200 points Monday as technology names like Apple and Nvidia weighed heavily on the sector in Monday's early trading session. The woes continued for chipmaker Nvidia as shares fell over 6.3%. Last week, Nvidia reported third quarter earnings, outperforming analyst expectations, but missed on the revenue front.
It’s been a case of kick Apple shares while they’re down as more analyst downgrades hurt the stock on Wednesday when Guggenheim Partners lowered its rating on the tech giant from “buy” to “neutral,” citing ...
This article was originally published on ETFTrends.com. As if a gloomy guidance on future iPhone sales and analyst downgrades weren't enough, there was more pain on Monday for shares of Apple and exchange-traded funds (ETFs) with the largest exposure to the tech giant. Lumentum Holdings, the company responsible for the iPhone’s face-recognition technology, reduced its outlook for fiscal second quarter 2019, causing both its shares and Apple shares to slide. Apple declined over 4% while Lumentum shares sank a record 30% as of 12:15 p.m. ET.
This article was originally published on ETFTrends.com. Despite beating earnings and revenue expectations for its fourth fiscal quarter last week, murky forecasts for iPhone sales caused investment firm Rosenblatt Securities to downgrade the stock, causing shares to fall by 3.62% as of 11:00 a.m. ET. Exchange-traded funds (ETFs) with the largest capital allocations to Apple were down-- Technology Select Sector SPDR ETF (XLK) , Vanguard Information Technology ETF (VGT) and iShares US Technology ETF (IYW) . Rosenblatt Securities, the second firm to issue a downgrade, changed their rating from "buy" to "neutral," citing that higher iPhone prices won't offset a weaker sales volume.
The communication services sector is here and with it come some significant changes for various exchange traded funds. Last year, index providers S&P Dow Jones and MSCI announced the formation of the communication services sector, a new look on the telecommunications sector that includes traditional telecom companies as well as companies previously classified as consumer discretionary and technology names. Facebook and Alphabet will move from Information Technology to Communications Services in GICS-tracking indexes,” said BlackRock in a recent note.
A Systematic Approach to Measuring Peak Investor Interest August 2018. Reading Time: 10 Minutes. Author: Nicolas Rabener. This research note was originally published by the CFA Institute’s Enterprising Investor blog. Here is the link . SUMMARY Equity ...
Apple's post-earnings gap up early Wednesday boosted shares of exchange traded funds with a sizable position in the iPhone maker.
Apple (NASDAQ:AAPL) once again cheered investors with robust third-quarter fiscal 2018 results, after the closing bell yesterday. The technology giant topped the earnings and revenue estimates and projected upbeat revenue outlook.Source: iphonedigital via FlickrApple Q3 Results in Focus