|Bid||231.50 x 200|
|Ask||232.30 x 100|
|Day's range||230.25 - 235.69|
|52-week range||173.52 - 274.97|
|PE ratio (TTM)||27.96|
|Earnings date||25 Apr 2018 - 2 May 2018|
|Forward dividend & yield||N/A (N/A)|
|1y target est||268.49|
According to a Reuters report, Google is appealing a February 2018 ruling by the Competition Commission of India (or CCI), India’s antitrust watchdog, which stated that the search giant abused its dominance in the online search market. Google is the largest unit of Alphabet (GOOGL).
Starting in April 2018, JD.com (JD) customers in China can browse and buy property online through the company’s e-commerce platform. Through a partnership with international property portal Juwai.com, JD allows its customers to browse real-estate listings for properties in the US, Britain, Australia, and Canada. For their offshore property shopping, JD customers can get assistance from Juwai experts in closing a deal.
On February 28, 2018, Facebook (FB) was the third-largest Internet player worldwide with a market cap of ~$518.0 billion. However, March wasn’t kind to Facebook following revelations that data company Cambridge Analytica had improperly collected the personal data of ~87 million Facebook users and influenced President Donald Trump’s election campaign, sparking a US regulatory inquiry and an outcry from lawmakers in several countries.
Chinese adults are expected to spend nearly a third of their daily digital activity watching digital video by 2020.
Just as Amazon (AMZN) is preparing to meet investors and analysts to discuss its 1Q18 results, its Echo device has gained skills and given Amazon more of an edge in the increasingly competitive smart speaker market. In the first week of April, Amazon introduced Alexa Announcements, a feature that transforms Echo into an in-house intercom system for broadcasting messages to other speakers in different rooms. The Echo intercom feature could be ideal for a large household.
A lot has transpired in the biking market since Alibaba (BABA) led several other investors in injecting more funds into bike-sharing provider Ofo last month. Just a few weeks after it was revealed that Alibaba led a funding round that raised $866 million for Ofo, Meituan-Dianping, a bike-sharing provider, moved to acquire its rival Mobike. Both Meituan and Mobike are backed by Alibaba mobile payment rival Tencent (TCEHY). Tencent also backs Snapchat parent Snap (SNAP). ...
Amazon has an EV (enterprise value) of $703.9 billion. In comparison, Internet peers Alphabet (GOOG), Facebook (FB), Alibaba (BABA), and Baidu (BIDU) have EVs of $613.0 billion, $441.4 billion, $447.8 billion, and $76.7 billion, respectively.
Amazon (AMZN) may be quietly making deals with global mobile operators to expand its international market,Variety reported after reviewing documents and job postings by the company. A team dubbed Amazon Fuse is reportedly leading Amazon’s engagement with mobile operators in Asia, Europe, the Middle East, and Africa. Amazon’s discussions with global mobile operators have reportedly focused on expanding the market for products such as Echo smart speaker and media services such as Prime Video and Prime Music.
If trade tensions escalate, there are more ways the technology sector could be hurt by tariffs and other regulations, analysts says.
Amid steeply declining IPO activity in China this year, there's an ongoing push by the country to lure its tech companies to come back home to list.
So far, we’ve talked about the possible impact of the cryptocurrency trend on Advanced Micro Devices (AMD). Easing investors’ and analysts’ concerns, AMD gave a statement that its long-term growth is not dependent on cryptocurrency as it’s not even its core market. The chip supplier stated that its long-term growth will come from three key markets: PCs (personal computer), professional graphics, and servers.
China has laid out national guidelines for testing self-driving cars as it looks to keep pace with the United States in a global race to develop autonomous vehicles, the China Daily newspaper reported on Friday, citing the country's industry ministry. The rules lay out requirements that vehicles must first be tested in non-public zones, that road tests can only be on designated streets and that a qualified person must always sit in the driver's position, ready to take over control. China is making a major push into autonomous smart vehicles, keen to have its own national champions in self-driving to compete with global leaders such as Waymo, the self-driving arm of Google parent Alphabet Inc (GOOGL.O), and Tesla Inc (TSLA.O).
Although Amazon (AMZN) currently has a clear lead in the smart speaker market, with a ~70% share of the US market according to industry forecaster eMarketer, the company is gearing up to release its 1Q18 earnings just as some say its strong leadership in the smart speaker market may not last long. Researchers at Loup Ventures expect Amazon’s global share of the smart speaker market to be 52% at the end of 2018, making it the world’s top smart speaker vendor. However, Amazon’s share of the global smart speaker market is expected to drop to 37% by the end of 2022, leaving Alphabet’s (GOOGL) Google as the world’s top smart speaker vendor, with a 48% share of the global market.
Alibaba (BABA) became the 20th most widely held stock by the world’s top institutional investors in 2017, according to a Financial News report citing eVestment data. Alibaba’s rise in the portfolios of the world’s elite fund managers has been rapid. In the previous year, it ranked 43rd among the stocks most commonly held by international fund managers.
On April 6, 2018, Snap (SNAP) was trading 5.0% below its 100-day moving average. In comparison, Baidu (BIDU) was trading 9.2% below its 100-day moving average, Yelp (YELP) was trading 4.4% below its 100-day moving average, Groupon (GRPN) was trading 12.6% below its 100-day moving average, and Yandex (YNDX) was trading 6.5% above its 100-day moving average.