|Bid||1,148.22 x 800|
|Ask||1,151.99 x 800|
|Day's range||1,132.73 - 1,147.60|
|52-week range||970.11 - 1,289.27|
|Beta (3Y monthly)||0.99|
|PE ratio (TTM)||28.76|
|Forward dividend & yield||N/A (N/A)|
|1y target est||1,275.00|
Many other companies treat workers, customers and the environment worse than Amazon, Facebook, Google and other familiar targets.
Washington’s war on Big Tech is more of a high-stakes poker game than a real threat to the businesses of Google, Amazon, Apple, and Facebook, according to a new analyst note.
It's the 50th anniversary of the Moon landing, so it's no surprise thatGoogle's daily doodle celebrates this milestone today
Sonal Shah worked at Goldman Sachs from 2004 to 2007 as a vice president, according to her LinkedIn page. She then worked for Google as its head of global development initiatives from 2007 to 2009.
Google announced Thursday that Youngstown, Ohio, has been selected as the inaugural city for an initiative with McClatchy, called the Compass Experiment.
Alphabet (GOOG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Ash Carter says the tech giant should be focusing its efforts in the U.S. "We're in debt to the society that we live in."
Investing.com - U.S. futures fell on Thursday, under the dual impact of a disappointing quarterly update from Netflix and revived concerns about U.S.-China trade.
Google took action on Thursday after concluding that the Swiss firm was in breach of its advertising policy, basing its decision on advice from advertising regulators.
The deal is a significant boon for LendLease, coming at a time when Australian developers navigate the domestic property market's worst downturn in a generation, characterised by a drop in building approvals and tighter consumer spending. It is also a major win for LendLease's strategy to expand abroad, and will see it reinforce its core role as a residential developer after being hobbled by its engineering division. The announcement sent LendLease's share price up in morning trade by as much as 5.3% to A$14.84, its highest since Nov. 8.
"It's clearly doing more harm than good," the "Mad Money" host says. Instead Facebook should buy Square for $70 billion and expand the payments network worldwide.
EBAY has displayed a sharp rally so far in 2019, surging 42.5% since January 1st, far outperforming the e-commerce sector. Analysts have been increasing long term earnings estimates, propelling EBAY into a Zacks Rank 1 (Strong Buy).
Yesterday, Facebook’s (FB) David Marcus, head of Facebook’s Calibra wallet, visited Capitol Hill to testify in front of the Senate Banking Committee.
(Bloomberg Opinion) -- A question for Amazon.com Inc.: Why ever bother?The European Commission opened an investigation on Wednesday into whether the e-commerce titan uses data from sellers on its marketplace to make competing products of its own. If the suspicion is confirmed, it might expose Amazon to billions of dollars of fines. Another tech behemoth, Google parent Alphabet Inc., has run afoul of European antitrust authorities and paid $9 billion in various penalties over the past few years.Given the relative profitability of Amazon’s businesses, what the EU is contending would seem to be a foolish risk. Broadly speaking, Amazon’s website sells products in two ways: Through its own store and through its marketplace. The store buys goods from a supplier and then sells them to a customer, much in the style of any classic retailer. The marketplace, however, simply connects a customer with a seller. That seller might pay Amazon to store or deliver its goods, but it’s essentially a platform. That also means it’s a far higher margin business because Amazon incurs few costs. It doesn’t have to pay to make the product or for its distribution unless the seller contracts it to do so.The EU is accusing Amazon of using that marketplace to identify popular products and then create copycat versions with its own branding, displacing the original. If true, it may have made itself vulnerable to billions of dollars in fines. It says that its own brand products account for about 1% of its retail offerings. That translates to about $1.4 billion of revenue. Given the low-margin nature of so many of the products (batteries, crockery, paper clips), profit is significantly less than that. The regulatory risks surely outweigh the financial benefits.That’s even taking into account the side effect of reducing prices for competing products. After being undercut by an Amazon private label offering, a seller might slash its prices to win customers. Lower prices mean more products sold on the marketplace, which is also good news for Amazon, though if the EU’s assertion is right and the intention was to mimic products that already sell well, it’s hard to see why lower prices might have been necessary.Amazon said it “will cooperate fully with the European Commission and continue working hard to support businesses of all sizes and help them grow.”Given the headaches and potential cost of the EU investigation, the company would do well to take that statement to heart and simply focus on being a marketplace.To contact the author of this story: Alex Webb at email@example.comTo contact the editor responsible for this story: Daniel Niemi at firstname.lastname@example.orgThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Alex Webb is a Bloomberg Opinion columnist covering Europe's technology, media and communications industries. He previously covered Apple and other technology companies for Bloomberg News in San Francisco.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.
Over the last few quarters, big tech companies have been under the scanner. There are issues ranging from monopoly to handling customer data.
(Bloomberg) -- Huawei Technologies Co.’s European smartphone sales slumped last month, according to market research firm Kantar, after a U.S. component supply ban on the Chinese manufacturer threatened its access to crucial handset software. Huawei lost about a third of its market share between May and June across the U.K., France, Spain, Germany and Italy, the Kantar data showed.“Early indications are that Samsung and Xiaomi are the key beneficiaries, with Apple seeing a smaller uptick in sales as a result,” Kantar Consumer Insights Director Dominic Sunnebo wrote in an emailed statement.The White House added Huawei to its Entity List on May 20, jeopardizing the technology giant’s access to crucial U.S. technology such as Alphabet Inc.’s Android operating system and Qualcomm Inc.’s microchips. Huawei’s ultimate status remains unclear as trade talks between Washington and Beijing continue, although its U.S. suppliers are still able to apply for licenses. Although Huawei phones currently operate as normal, company founder Ren Zhengfei has said he expects the U.S. sanctions to curtail the company’s revenue by about $30 billion over the coming two years. Sunnebo said there are signs Huawei owners are putting off upgrades as they wait for more clarity on the situation. If the dispute between Washington and Beijing is resolved, “it might mean that the majority of sales are delayed rather than lost to competitors,” he wrote. To contact the reporter on this story: Thomas Seal in London at email@example.comTo contact the editors responsible for this story: Rebecca Penty at firstname.lastname@example.org, Thomas Pfeiffer, Giles TurnerFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.