|Bid||105.1100 x 1400|
|Ask||105.0900 x 800|
|Day's Range||103.51 - 105.61|
|52 Week Range||83.83 - 116.18|
|Beta (3Y Monthly)||1.09|
|PE Ratio (TTM)||43.43|
|Earnings Date||Jan 29, 2019 - Feb 4, 2019|
|Forward Dividend & Yield||1.84 (1.74%)|
|1y Target Est||125.15|
Humanity still has a long way to go in the fight for gender equality. According to a new report from the world economic forum, it will take more than 200 years to close the gender pay gap at our current pace. The study also finds the number of women in politics is actually declining. Yahoo Finance's Adam Shapiro and Julie Hyman discuss with Saadia Zahidi, managing director at the World Economic Forum.
Digital assistants with artificial intelligence, including Amazon's Alexa, Apple's Siri, Google Assistant and Microsoft Cortana, are in the early days of being inserted into office life. Backers say the productivity gains will benefit employers and workers who will lead better, lower-stress lives, but there is no regulation to oversee the constant monitoring of employees by AI in the office. Artificial intelligence has thoroughly penetrated home life through virtual assistants such as Apple's Siri, Amazon's Alexa, Google Assistant and Microsoft's Cortana.
Oracle (ORCL) posted earnings growth of ~16% YoY (year-over-year) to $0.80 per share in the second quarter of fiscal 2019 led by hefty share repurchases. According to some analysts, the company’s share repurchases have benefited its fiscal 2019 second-quarter earnings by $0.03–$0.04 per share. Oracle has reduced its share count by ~12% in the last 12 months by repurchasing nearly 602 million shares.
The strategic collaboration will accelerate enterprise adoption of machine learning in financial services, potentially cutting billions in losses for banks and broadening access to credit for tens of millions of people. LOS ANGELES, Dec. 19, 2018 /PRNewswire/ -- Today, ZestFinance announced a strategic collaboration with Microsoft to deploy Zest's machine learning (ML) software tools directly on Microsoft Azure and Machine Learning Server platforms to deliver the first fully explainable artificial intelligence (AI) solution for highly regulated industries, starting with the financial sector.
Investing.com – U.S. futures rose on Wednesday as investors turn their focus to the Federal Reserve press conference later in the session.The S&P 500 futures rose 19 points or 0.78% to 2,557.88 as of 6:40 AM ET (11:40 GMT) while Dow futures jumped 185 points, or 0.78%, to 23,794. Meanwhile tech heavy Nasdaq 100 futures increased 52 points, or 0.80%, to 6,535.75.A fourth rate hike is expected at the conclusion of the FOMC meeting. ...
Cloud services company Oracle (ORCL) easily beat earnings estimates in the second quarter of fiscal 2019. While its revenue remained sluggish, falling 0.3% YoY (year-over-year) and rising 2% on a constant currency basis, Oracle’s EPS of $0.80 exceeded analysts’ expectation of $0.78 by 2.6%.
Facebook Inc. shared its users' data with major companies to a far greater extent than it had previously admitted, the New York Times reported Tuesday night. Citing hundreds of pages of Facebook documents that it obtained, the Times said Facebook gave companies such as Microsoft Corp. , Netflix Inc. , Spotify SA and Amazon.com Inc. extensive access to personal information, including the contact information of users' friends and the ability to read private messages. In all, the Times reported more than 150 companies, mostly tech-focused but including auto and media companies, access to the data as recently as this year. After a series of privacy scandals, Facebook has said that it long ago instituted strict privacy controls and that users have "complete control" over their information. A Facebook executive told the Times that the data-sharing did not violate users' privacy or break a 2011 FTC consent agreement that barred the social-media giant from sharing user information without their permission.
Facebook said in a blog post Wednesday it allowed other big tech companies to read users' private messages, but denies it did so without consent.
Facebook's Karandeep Anand is the new head of Workplace, the company's enterprise communications tool. Prior to joining Facebook, Anand spent 15 years at Microsoft. Two-year-old Workplace by Facebook has nabbed large customers such as Walmart and Starbucks, but it has otherwise failed to make a significant dent in the enterprise communications software market.
Intel (INTC) is benefiting from the unexpected demand in the PC and data center processor markets, where it is a leader. The company earns more than 50% of its revenue from its Client Computing Group, which sells PC processors and mobile modems. The growth was driven by strong demand from commercial and gaming PC segments and 131% YoY growth in modem revenue, as Apple (AAPL) sourced all its modems for 2018 iPhones from Intel due to a legal spat with Qualcomm (QCOM).
Oracle’s revenue fell 0.3% YoY (year-over-year) in the quarter and was up 2% on a constant currency basis. The strong US dollar dented its revenue by $140 million in the period. In comparison, Oracle’s peer Microsoft (MSFT) beat its revenue estimate of $27.90 billion and reported revenue of $29.08 billion in the first quarter of fiscal 2019. During the second quarter of fiscal 2019, Oracle’s cloud license and on-premises license revenue of $1.2 billion topped Wall Street’s estimate of $1.19 billion but plunged 9% YoY.
Oracle stock rose nearly 5.40% in after-hours trading but closed at $45.73, a fall of 1.87%, on December 17. Oracle has surpassed analysts’ revenue expectations in ten of the last 17 straight quarters. Oracle stock has fallen ~3% in the past year as of December 17, whereas the S&P 500 Index has fallen ~5% in the same period.