53.99 0.00 (0.00%)
After hours: 6:01PM EDT
|Bid||53.98 x 800|
|Ask||54.00 x 1800|
|Day's Range||53.69 - 54.51|
|52 Week Range||41.91 - 61.02|
|Beta (3Y Monthly)||1.02|
|PE Ratio (TTM)||11.35|
|Forward Dividend & Yield||0.37 (0.66%)|
|1y Target Est||63.58|
Sony unveiled the latest in its line of interchangeable lens mirrorlesscameras on Tuesday, debuting the A7R IV, its top-of-the-line full-framedigital shooter aimed at pros
“Spider-Man: Far From Home” was No. 1 at the domestic box office again this past weekend, but two new counterprogramming movies failed to generate much heat. The Sony (NYSE: SNE) Spidey flick added another estimated $45 million to its North American coffers for a new total of $275 million. “Toy Story 4” was runner-up with an estimated $21 million, bringing the Walt Disney Co. animated adventure’s domestic total to $346 million and $771 million globally.
Microsoft's (MSFT) robust execution and better-than-expected demand from customers for hybrid cloud offerings is likely to act as another tailwind.
Next Thursday, Microsoft (NASDAQ:MSFT) will announce its fiscal fourth-quarter results. The earnings looks poised to be rather important. After all, Microsoft stock has been on a nice bull run, with the shares up about 36% for the year so far, putting its market cap at a staggering $1 trillion. In 2019, MSFT stock has performed better than various other mega tech names like Apple (NASDAQ:AAPL) and Alphabet (NASDAQ:GOOGL, NASDAQ:GOOG).Source: Shutterstock But could analysts' Q4 estimates for MSFT be too high, in light of the strong performance of Microsoft stock? They actually look fairly reasonable.Consider that analysts, on average, are forecasting 9% growth on the top line to $32.8 billion and earnings per share of $1.21, up about 7% year-over-year. So analysts expect MSFT's top-line growth to decline from the prior quarter, when its revenues climbed 14%. The fact is that it's getting tougher for MSFT to grow rapidly because its cloud business is getting more mature.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Best Dividend Stocks to Buy for the Rest of 2019 and Beyond Note that there was a lot of Microsoft news last quarter. Here's a look at some of the highlights: * MSFT and Sony (NYSE:SNE) are tough rivals. But they are willing to cooperate when there is an opportunity to make money. So the companies have become partners, as MSFT will integrate its systems into Sony's massive sensor business. The deal should help keep up the momentum of MSFT's cloud business. As for SNE, it will benefit from MSFT's extensive AI capabilities. * Interestingly enough, MSFT launched a partnership with another long-time rival - Oracle (NYSE:ORCL). That alliance appears to be a shot at Amazon.com's (NASDAQ:AMZN) cloud business. The deal will allow result in the seamless integration of workloads between MSFT and ORCL's platforms. * At the MSFT Build conference, the company issued many new announcements. As should be no surprise, there was a big focus on the company's cloud hosting platform and its AI. MSFT highlighted a few updates for Office 365, including an AI-powered grammar system. * MSFT teamed up with JPMorgan Chase (NYSE:JPM) to leverage blockchain. The focus will be on helping JPM's clients better use this technology. * At the E3 conference, MSFT provided details on 60 of its upcoming games - like Halo Infinite and Gears 5 -- as well as the next Xbox, which is expected to launch during the 2020 holiday season. The company also announced its cloud gaming service, xCloud. The Bottom Line on MSFT StockThe valuation of MSFT stock is far from cheap. Consider that the forward price-earnings multiple of Microsoft stock is 27. The dividend yield is also a meager 1.33%.But MSFT stock deserves a premium, as the company has returned to its winning ways. MSFT has retooled its legacy Office and Windows franchises. Its bold acquisitions, including its purchases of LinkedIn and Github, have enabled MSFT to enter new markets.And more importantly, MSFT's fast-growing cloud business has been quite successful, as it is now the clear number two in the industry. In fiscal Q3, the revenue of its cloud unit spiked by 73%.And finally, the company is also a huge generator of cash, which allows it to continue making investments, acquisitions and buybacks. In other words, when it comes to next week's earnings report, it's a good bet there won't be negative surprises for the owners of Microsoft stock.Tom Taulli is the author of the upcoming book, Artificial Intelligence Basics: A Non-Technical Introduction. Follow him on Twitter at @ttaulli. As of this writing, he did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Stocks to Buy for Less Than Book * 7 Marijuana Stocks With Critical Levels to Watch * The 10 Best Dividend Stocks to Buy for the Rest of 2019 and Beyond The post What Should the Owners of Microsoft Stock Expect From MSFT's Earnings Report? appeared first on InvestorPlace.
If you've been following Advanced Micro Devices (NASDAQ:AMD) this year, it's hard not to get excited. On seemingly all fronts, AMD stock price delivers the goods.Source: AMD Technically and fundamentally, we have the green light to continue piling onto shares. Yet I believe in this extremely bullish environment, the contrarian view is worth serious consideration. A Closer Look at AMD StockFirst, the good news. I haven't always been a huge fan of Advanced Micro Devices stock, as many angry Reddit users will confirm. However, for someone who is not predisposed to jumping on the AMD bandwagon, I must admit the technicals look strong.InvestorPlace - Stock Market News, Stock Advice & Trading TipsNamely, you're seeing exactly what you want to see this year: a series of higher highs and higher lows. Moreover, other classic indicators suggest a healthy and optimist market for the AMD stock price.The nearer-term 50-day movirage is well above the longer-term 200 DMA. And the relative strength index, or RSI, suggests warm but not overheated sentiment. * 10 Best Stocks for 2019: A Volatile First Half Primarily, AMD recently launched its first Navi-based graphics cards, the RX 5700 and the RX 5700 XT. Management designed these two GPUs to face off against Nvidia's (NASDAQ:NVDA) RTX 2060 and RTX 2060 Super. Long story short, the AMD variants on average produce superior performance metrics than Nvidia's cards.And because Advanced Micro made the decision to match prices with Nvidia's offerings, the consumer is incentivized to go with the former. But before you jump onboard AMD stock, here's something to consider. For AMD Stock, Disruption Has a CostPeruse any tech journal or resource, and you'll almost certainly come across the term disruption. Currently, it's a buzzword, and it can apply to other segments beyond tech.Regarding AMD stock, I appreciate why the bulls are gung-ho about it. Throughout AMD's history, the company earned a reputation as a low-cost leader. Its products weren't always best in class, but they were best in price.Naturally, though, good companies led by visionary leadership want to grow beyond their roots. To AMD's credit, CEO Dr. Lisa Su has done a remarkable job turning the organization around. And they finally shed their discount-bin image with some incredible products that rival segment leaders like Intel (NASDAQ:INTC) and Nvidia.While stakeholders of AMD stock are excited about this disruption of the old guard, they should also know that disruption comes at a cost.When I worked for Sony (NYSE:SNE), higher-up colleagues told me stories about how the company disrupted several markets. Flooding the retail sector with quality products at relatively cheap prices, the consumers naturally shifted brand allegiances.Once Sony secured its dominant market share, they subsequently raised prices.I imagine that's the same tactic that AMD has in mind. If done correctly, it very well could skyrocket Advanced Micro Devices stock. However, Sony did their disruptive work at the height of its power. It could also afford to take the financial hit.However, I don't have that same confidence with AMD stock. The smaller semiconductor firm just doesn't have the firepower to go toe-to-toe with an Intel or Nvidia. Among the three, AMD routinely registers negative free cash flow.I don't doubt that the company can disrupt with its products. But in my opinion, management must guard against hubris. China and AMD StockAlthough it's hardly a scientific survey, you should check out Stocktwits.com's feed on Advanced Micro Devices stock to gauge sentiment. Overwhelmingly, the opinions favor AMD. In fact, you have to really look for bearish opinions.Among the arguments supporting a higher AMD stock price was a technical one. Specifically, a user argued that AMD's trend channel showed nothing but optimistic indicators. Like I said near the top, I agree with that assessment.But interestingly, if you look at the really long-term chart for AMD stock, you'll likely arrive at a different conclusion. Starting from the early 2000s tech bubble, AMD is actually charting a series of lower highs and lower lows. Click to EnlargeRight now, we're near this trend channel's third peak, which suggests an inflection point: do shares move higher or do they collapse like history suggests?Under this context, I'm not liking the China headwind. Although the U.S. and China have agreed to hold off further tariffs, this peace is tenuous at best. Both administrations are under pressure from their respective constituents to not show weakness.It's also telling that prior to the temporary truce, semiconductor firms were worried about the trade war. Now, they're not? That doesn't make much sense.But like I said earlier, AMD doesn't have the financial strength to ride out storms like Nvidia or Intel. Therefore, I wouldn't take this bet. When you're simultaneously dealing with questionable financials and even more questionable geopolitical headwinds, it's no time for recklessness.As of this writing, Josh Enomoto is long SNE. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 A-Rated Stocks to Buy for the Rest of 2019 * 7 Education Stocks to Buy for the Future of Academia * 5 Stocks to Buy as You Rebalance Your Portfolio The post AMD Stock Has Created an Interesting Problem with Its Massive Success appeared first on InvestorPlace.
The Sony of 2019 is, effectively, an entertainment media and camera company that happens to still make a bunch of hardware.
Previously, a prior iteration from the web-slinger series, “The Amazing Spider-Man” starring Andrew Garfield in the title role, held the record for a Tuesday opening with $35 million on July 3, 2012. Regardless, “Spider-Man” looks to be a breath of fresh air as the movie industry goes into the second half of the year trailing last year’s record ticket sales by nearly 10 percent.
Broadcom, Waymo, American Air, Samsung, Sony and Disney are the companies to watch.
To celebrate the 40th anniversary of the first Walkman sold (the TPS-L2, naturally), Sony is showing off the history of the portable music player in central Tokyo. It will run across the summer, through until September 1st, with writers and experts offering up interviews and talks on the iconic cassette (and CD) player series. Sony has assembled 230 different Walkmans laid out on a "Walkman Wall", and the whole thing shouldn't be hard to find -- a giant neon-yellow WM-F5 will lead the way.
Sony and Taboola plan to enable premium publishers to share curated content in what they call "an immersive news reading experience."
Over the last few years, you would be forgiven for thinking that virtual reality, mixed reality, and augmented reality, are areas of tech that reside firmly in the domain of the gamers and entertainment industries. There is good reason for this, virtual reality has always been the poster child for immersive entertainment, while augmented and […]
Sony (NYSE:SNE) is releasing two PlayStation Plus free games for July 2019 as the company does every month since it changes the way it structures its offerings for Plus subscribers.For many years, the electronics giant would allow Plus members to download up to six games for free with the subscription, which often included two PS4 titles, two PS3 games and two PS Vita ones; there was usually cross-compatibility across some of these consoles. However, the company recently made a change and it is now only offering two games, both of which are PS4 offerings.Here are the PlayStation Plus free games for July 2019 from the company:InvestorPlace - Stock Market News, Stock Advice & Trading Tips * Pro Evolution Soccer 2019: One of the titles you can download next month is Pro Evolution Soccer 2019, which is a soccer game that rivals the FIFA titles. You can choose from many of the top teams around Europe, South America and the rest of the world in this game where you can play solo or with others. The PES series has been around for decades at this point, and it's been making a bit of a comeback in recent years. * Horizon Chase Turbo: Racing lovers will be happy with this PS4 game, which features a retro look, style and feel reminiscent of racing games from the 80s and 90s. It looks slightly sleeker than those old games, while still maintaining the vibe of the old-school days.Both games will be available for download throughout the month of July. More From InvestorPlace * The Top 8 Tech Stocks of 2019 (So Far) * The 7 Top Small-Cap Stocks Of 2019 * 7 Stocks to Buy for a Dovish Fed Compare Brokers The post PlayStation Plus Free Games for July 2019 appeared first on InvestorPlace.
Many U.S. equities rallied higher on Thursday thanks to budding optimism surrounding the G20 meeting between U.S. President Donald Trump and Chinese President Xi Jinping. There are conflicting reports of a possible breakthrough if Trump is willing to press pause on the latest round of tariffs on Chinese imports.Technology stocks in particular are in focus since they are at the epicenter of the tensions. Supply chains span the Pacific. And the lockout of Huawei from American semiconductor suppliers shows that in some cases, it's a life-or-death struggle for parts. * The 7 Top Small-Cap Stocks Of 2019 With a possible thaw on the way, it's no surprise stocks in this area are blasting higher. Here are four to watch:InvestorPlace - Stock Market News, Stock Advice & Trading Tips Semiconductor Stocks to Buy: Nvidia (NVDA)Nvidia (NASDAQ:NVDA) shares are breaking out above their 50-day moving average for the first time since March, setting up a run at the 200-day moving average that hasn't been topped since October. The company had been losing some ground to rival AMD in recent months but is poised for the rumored launch of a new graphics processing unit offering on July 2 that could recapture some market share and excitement according to a Tech Radar Report.The company will next report results on Aug. 15 after the close. Analysts are looking for earnings of $1.14 per share on revenues of $2.6 billion. When the company last reported on May 16, earnings of 88 cents per share beat estimates by seven cents on a 30.8% decline in revenues. AMD (AMD)Advanced Micro Devices (NASDAQ:AMD) shares continue to march higher, enjoying another rebound off of the 50-day moving average. The company continues to benefit from hardware wins in the upcoming refresh of gaming console hardware from Sony (NYSE:SNE) and Microsoft (NASDAQ:MSFT). Research coverage was recently initiated at Wedbush with an outperform rating. * The Top 8 Tech Stocks of 2019 (So Far) The company will next report results on July 24 after the close. Analysts are looking for earnings of eight cents per share on revenues of $1.5 billion. When the company last reported on April 30, earnings of six cents per share matched estimates despite a 22.8% decline in revenues. Micron (MU)Shares of Micron (NASDAQ:MU) are surging higher, up nearly another 3% Thursday to cap roughly a 20% rally off of its recent low. Watch for a break of the 200-day moving average, which has been a headwind since last summer. In its recent quarterly earnings call, management noted early signs of demand improvement, suggesting a return to year-over-year growth in the second half of the year for memory chips.The company will next report results on Sept. 19 after the close. Analysts are looking for earnings of 61 cents per share on revenues of $4.6 billion. When the company last reported on June 25, earnings of $1.05 beat estimates by 26 cents on a 38.6% decline in revenues. Xilinx (XLNX)Shares of Xilinx (NASDAQ:XLNX), a maker of field-programmable circuits, are enjoying a push up and over their 50-day moving average in a challenge of the April breakdown levels near $130. A push to the April highs would be worth a gain of roughly 20% from here. Despite headwinds, management recently raised its dividend and issued upside guidance. * The 10 Best S&P 500 Stocks to Buy For the Rest of 2019 The company will next report results on July 24 after the close. Analysts are looking for earnings of 95 cents per share on revenues of $852.6 million. When the company last reported on April 24, earnings of 94 cents per share missed estimates by two cents on a 29.8% rise in revenues.As of this writing, William Roth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * The 7 Top Small-Cap Stocks Of 2019 * Critical Levels to Watch in 7 Marijuana Stocks * 5 Smaller Cloud Stocks That Have Plenty of Potential Compare Brokers The post 4 Semiconductor Stocks on the Move appeared first on InvestorPlace.
After yesterday’s big fall, the Hang Seng Index rose marginally today. The index gained 0.13% to end at 28,222. The index opened considerably lower than yesterday’s close but gained in early trading. Afterward, the index remained within a narrow range to end the day on a slightly positive note.
President Trump's weekend visit to Japan could help lift underperforming Japanese equities. Play the move using these Japan ETFs.
After rising marginally yesterday, Hong Kong’s Hang Seng Index fell today. The index lost 1.15% to end at 28,185.98. Only seven stocks in the index rose, while 39 declined. Four remained unchanged. Tencent Holdings (TCEHY) was one of the worst performers with a 1.8% fall.
Epic Games grossed a $3 billion profit in 2018. But how does a game like Fortnite actually make money? Here's an explanation of how this popular game brings in the cash.
Opportunities to invest in foreign stocks and economic growth around the world can be done through American depositary receipts (ADRs), mutual funds, and more.
July 1 marks the forty-year anniversary that Sony revolutionized the way we listen to music with the Walkman. In its heyday, the Walkman was synonymous with portable music players, though sales began to plummet after the rise of the CD-player and after that Apple's iPod. The Final Round panel takes a trip down memory lane.
The Sony Walkman turns 40 years old. It was first launched in Japan in 1979 and sold for roughly $150. Yahoo Finance's Seana Smith, Jared Blikre, Melody Hahm and Heidi Chung discuss.