|Bid||310.00 x 800|
|Ask||310.50 x 400|
|Day's Range||292.61 - 309.98|
|52 Week Range||144.25 - 338.82|
|PE Ratio (TTM)||244.61|
|Earnings Date||Jul 16, 2018 - Jul 20, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||286.62|
Netflix and BuzzFeed News are teaming up for a 20-episode documentary series
Investors rattled by recent volatility are becoming choosier about which technology-focused stocks they scoop up, a reversal from 2017 that threatens to undermine the tech sector’s dominance.
Tencent Holding Inc. (TCEHY) is nearing bear-market territory after its stock has fallen nearly 19% since its January peak, sliding on a broader downturn in the technology sector. Tencent shares have been struggling amid concerns about how major technology companies like Facebook Inc. ( FB) will be impacted by growing fears over data privacy. Facebook has been at the forefront of the controversy in the wake of Cambridge Analytica’s data-gathering practices aimed at Facebook users.
According to The Verge, Facebook (FB) is looking to make its own processors to power smart speakers and other hardware devices. As a result, the social media company is forming a team to design its own hardware chips and is also looking for a manager who can help build an end-to-end SoC/ASIC,1 firmware, and driver development organization.
President Trump is sending top economic advisers to China in hopes of striking a trade deal. Yahoo Finance’s Alexis Christoforous and Dion Rabouin have more.
Comcast has put in a $31B bid for Sky, trying to outbid Rupert Murdoch’s Fox. Yahoo Finance’s Alexis Christoforous and Dion Rabouin explain what it means.