99.94 -0.47 (-0.47%)
Pre-Market: 6:11AM EDT
|Bid||99.69 x 1200|
|Ask||100.40 x 800|
|Day's Range||99.62 - 100.77|
|52 Week Range||68.02 - 102.69|
|PE Ratio (TTM)||67.89|
|Earnings Date||Jul 19, 2018|
|Forward Dividend & Yield||1.68 (1.66%)|
|1y Target Est||111.06|
There comes a time when certain buzzwords drive Wall Street, be it the advent of e-commerce, high disposable income driving discretionary stocks, or the new kid on the block, artificial intelligence (AI). In its simplest definition, AI is intelligence demonstrated by machines and uses processes such as machine learning to perform certain tasks that would otherwise require human intelligence. Starting with Nvidia Corporation, this hardware maker is leveraging the demand for AI-induced offerings by being a supplier to multiple companies looking to take full advantage of the growth potential in this space.
Observers shrugged when Google acquired YouTube for $1.65 billion in 2006. Likewise when Facebook bought Instagram for $1 billion six years later. Surely these were nothing more than splurges by cash-rich internet moguls.
For the past few years, the world’s biggest tech companies have been on a mission to put artificial-intelligence tools in the hands of every coder. The benefits are clear: Coders familiar with free AI frameworks from Google, Amazon, Microsoft, or Facebook might be more inclined to someday work for one of those talent-starved companies. Even…
After seeing the rapid subscriber growth Helios and Matheson Analytics Inc (NASDAQ:HMNY) garnered with its MoviePass equity stake last fall, the movie theatre industry is beginning to take new steps to innovate and evolve. That means AMC Entertainment Holdings Inc (NYSE:AMC) too. AMC stock rallied almost 4% Thursday after the company announced a new all-access subscription plan as well.
Jeff Bezos was the latest tech chief to receive a blistering protest letter from employees, urging the company to end controversial government contracts. In Amazon's case, the focus of the letter was Rekognition, a facial-recognition system built on AWS, Amazon's cloud service. After a report from the ACLU revealed that Amazon is shipping the tech to police departments, a number of 'Amazonians' circulated a letter demanding that Bezos pull law enforcement contracts and increase transparency around the company's participation in building surveillance systems.
Amazon Chief Executive Jeff Bezos recently called the conflict between privacy and security an “issue of our age.” But while he says Amazon will fight government investigators who try to obtain personal information from devices made by his company, Amazon is marketing face-recognition technology to private businesses and law-enforcement agencies alike, for uses that many believe are a threat to privacy. Face recognition is a stark example of a technology that is being deployed faster than society and the law can adopt new norms and rules. In general, people who are in public don’t have any legal expectation of privacy and can be photographed or recorded.
Leaked documents showed what could be Microsoft's (MSFT) hardware plans to 2020, new technology competing with Amazon Go and Office enhancements constituted the top Microsoft stories from last week.
Here are the details on the Bay Area fundings and acquisitions that were disclosed at the end of the week, including a $150 million round for online gaming startup Roblox.
It underscores the challenges companies face when they find their brands ensnared in Trump-related controversy, if not outright personal ire.
Yahoo Finance editor-in-chief Andy Serwer spoke with the former CEO of Microsoft, Steve Ballmer, about the current state of the tech sector.
Keeping it in the District, it's been a busy week for the Supreme Court, earlier this week, the court's decision on sales tax sent shares of online retailers like etsy and wayfair lower. Today, a major ruling on privacy in the digital age. - the court ruled that warrants are generally needed to collect cellphone data. The ACLU and privacy rights advocates are calling this a victory, what does this mean for tech companies? Where do they stand? More than a dozen technology companies including Apple, Facebook, Google and our parent - Verizon filed a brief that argued the court should adopt strong protections for digital data. What's the practical effect of this decision?
Andy - busy day - down in Washington DC earlier, sitting down with former Microsoft CEO Steve Ballmer. He had a pretty strong warning for big tech firms, like Facebook, that are finding themselves in the government's crosshairs.
FBN’s Liz Claman and Deirdre Bolton discuss how 300 Microsoft programmers are threatening to leave the company unless the tech giant drops its contract with ICE.
Steve Ballmer shares his thought about Microsoft today and its current CEO, Satya Nadella.