|Bid||1,778.58 x 900|
|Ask||1,778.94 x 800|
|Day's Range||1,770.62 - 1,786.08|
|52 Week Range||1,307.00 - 2,035.80|
|Beta (3Y Monthly)||1.63|
|PE Ratio (TTM)||73.85|
|Earnings Date||Oct 24, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||2,297.89|
Netflix is set to report third-quarter earnings results after market close Wednesday, giving investors a final look at the company’s performance before new competitors launch their own streaming services next month.
As U.S. President Donald Trump hammers out a partial trade deal with China, Washington is moving forward on another front: India.
Pensando Systems, the ultra-secretive Silicon Valley company, announced Wednesday in New York it is has developed hardware and software that lets companies run their computer servers more efficiently, particularly in the cloud.
The pot bubble has burst, but many companies’ shares are still trading at unjustified levels, says Brian Livingston.
The stock market is near highs after rising for a decade. The best tool to answer the question is to look at segmented money flows. Please click here for a chart showing segmented money flows in 11 popular tech stocks.
The price target on Amazon stock was raised about 35% from where the stock currently traded Wednesday, coming a week before the e-commerce leader is set to report second-quarter earnings.
A proposed Amazon warehouse in Deltona will seek its official approvals next month, potentially spurring more commercial development nearby and changing the perception of the bedroom community north of Orlando. Atlanta-based developer Seefried Industrial Properties intends to build an 85-acre, 1.4 million-square-foot warehouse between Interstate 4 and Normandy Boulevard, south of Graves Avenue, in the city north of Orlando. Deltona's city commission likely will approve the project — which is expected to create hundreds of jobs — on Nov. 4 in a second reading after unanimously voting in favor of the proposed warehouse on Oct. 7.
A federal judge in New Jersey has cleared InvenTel Products to proceed with its lawsuit against Google (GOOGL), Reuters reports.
Facial-recognition software from major tech companies is apparently ill-equipped to work on transgender and non-binary people, according to new research. A recent study by computer-science researchers at the University of Colorado Boulder found that major AI-based facial analysis tools—including Amazon’s Rekognition, IBM’s Watson, Microsoft’s Azure, and Clarifai—habitually misidentified non-cisgender people. Scientists then tested each group against the facial analysis tools of the four companies.
Alphabet's (GOOGL) Google rolls out Pixel 4 smartphones, Pixelbook Go laptop, Nest Mini, Nest Wi-Fi and Pixel Buds, which will bolster its presence in the electronic gadgets space.
The team that sold billions of dollars worth of key businesses to Cisco Systems over the past 25 years are ready to talk about their latest startup. It's a San Jose business they say will "democratize the cloud."
Throughout the fourth Democratic presidential debate, Sen. Elizabeth Warren continued to argue for breaking up big tech companies, but not everyone on the stage was ready to take that stand.
The expansion of CenturyLink's (CTL) Cloud Connect Dynamic Connections service to Google Cloud Platform will facilitate business enterprises to seamlessly connect and control bandwidth according to their requirements.
No matter which way Netflix's stock moves following the earnings release, slump in subscriber addition and rise in streaming competition are likely to show on its third-quarter results.
Investing.com – Amazon (NASDAQ:AMZN) continues to rack up gains after Credit Suisse (SIX:CSGN) hiked its price target on the company’s stock, betting that its advertising business will boost margins and cash flows at a time when the e-commerce giant's cloud business is expected to continue to slow.
Foo Fighters, Kacey Musgraves, Anderson .Paak & The Free Nationals, Beck, Gesaffelstein, Brandi Carlile, H.E.R., Jamie xx, to be joined by newly added artists, including SOPHIE
Unexpectedly weak Commerce Department data released on Wednesday showed overall US retail sales dipped 0.3 per cent in September, the biggest monthly decline since February. The figures, which fell notably short of the 0.3 per cent increase economists had expected, will give monetary doves more ammunition to press for another Federal Reserve interest rate cut. Jack Kleinhenz, chief economist at the National Retail Federation, said it was “possibly a reaction to increased fears over US-China tensions” as the world’s two largest economies spar over trade, even though US consumers “still have a lot going for them”.
The start of the traditional fall TV season in late September has been teeming with ads for new streaming services from Apple Inc. and Walt Disney Co., both of which debut later this year. It all makes for must-see streaming-TV as Netflix kicks off the earnings season among the principal combatants this week.
AMC Theatres, the biggest cinema chain in the world, said Tuesday it is launching a streaming service that will allow members of its loyalty program to rent or buy films and watch them at home, the first such offering from a cinema operator.
There were variations among the dozen Democratic presidential candidates, but it was clear that the wealthiest, who own the lion’s share of financial assets, were being targeted.
(Bloomberg) -- Want the lowdown on European markets? In your inbox before the open, every day. Sign up here.The U.K. competition regulator has started a review into Amazon.com Inc.’s bid to buy a slice of fast-growing food delivery startup Deliveroo, adding to the e-tailing giant’s antitrust woes around the globe.The Competition and Markets Authority said on its website Wednesday it’s investigating the purchase of rights and a minority shareholding in Roofoods Ltd., which does business under the Deliveroo brand. The first phase will wrap up by Dec. 11, it said.The investigation comes after the regulator said in July it had “reasonable grounds” to believe Amazon and Deliveroo, which operates a fleet of smartphone-navigated scooters and bicycles to deliver food from local restaurants, had either ceased to be separate operations or were close to merging. While CMA reviews into mergers are relatively common, it’s unusual for the regulator to examine acquisitions of minority stakes.A spokesman for Amazon declined to comment, while a representative for Deliveroo didn’t immediately return a message inquiring about the review.U.S. Democratic presidential contender Elizabeth Warren on Tuesday called out Amazon for running an online marketplace and competing with third-party sellers on the platform as the European Union’s competition czar investigates whether the company is shortchanging smaller merchants in that dual role. Amazon also faces separate antitrust scrutiny from the U.S. Federal Trade Commission and Justice Department.Cash InjectionIn May, Amazon said it would invest in a $575 million funding round to help the London-based startup expand its technology team and network after closing down its own food delivery business in the capital last year. U.K. food delivery has become fiercely competitive, and Deliveroo’s rivals include Just Eat Plc and Uber Technologies Inc.That rivalry has driven acquisition talk across the industry. Just Eat and Takeaway.com NV agreed in July to a 5 billion-pound ($6.4 billion) combination, less than six months after Takeaway.com spent about $1 billion for the German operations of rival Delivery Hero SE. Spanish food delivery startup Glovo has also drawn preliminary interest from Uber and Deliveroo in recent months, people familiar with the matter said previously.Deliveroo said this month that while global sales from its food-delivery business had increased 72% in 2018, profitability remained elusive. The company said it lost 232 million pounds last year compared to 199 million pounds a year earlier.Amazon has signaled its growing ambitions in the U.K. grocery market with Prime Now, which delivers in major British cities within two hours. It faces stiff domestic competition from the likes of Ocado Group Plc, an online grocery pioneer that licenses its technology to the likes of Kroger Co. and aims to halve the Prime Now delivery time with a service called Zoom.(Adds Amazon’s response in fourth paragraph, background on acquisitions from sixth paragraph)\--With assistance from Stephanie Bodoni.To contact the reporters on this story: Hugo Miller in Geneva at email@example.com;Christopher Elser in London at firstname.lastname@example.orgTo contact the editors responsible for this story: Giles Turner at email@example.com, Amy Thomson, Nate LanxonFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
Retail sales dropped for the first time in seven months in September. Unexpectedly falling 0.3% last month. Analysts polled by Bloomberg had estimated a 0.3% increase. Charcy Evers, Retail Trends analyst joins Yahoo Finance's Akiko Fujita to discuss.
Yahoo Finance’s Alexis Christoforous and Brian Sozzi dig into the retail sales numbers with Gregory Daco, Chief U.S. Economist at Oxford Economics.