|Bid||0.00 x 4000|
|Ask||0.00 x 3100|
|Day's Range||51.35 - 52.14|
|52 Week Range||42.36 - 59.59|
|Beta (3Y Monthly)||0.70|
|PE Ratio (TTM)||12.07|
|Earnings Date||Oct 24, 2019|
|Forward Dividend & Yield||1.26 (2.43%)|
|1y Target Est||53.13|
Oracle (ORCL) is strategically expanding Autonomous Database portfolio and enhancing functionalities of cloud-based applications, which is encouraging adoption.
The Zacks Analyst Blog Highlights: Intel, Adobe Systems, Mondelez International, Morgan Stanley and Arista Networks
(Bloomberg) -- A House panel investigating big tech companies for potential antitrust violations is seeking information from customers of Amazon, Apple, Google and Facebook about the state of competition in digital markets and the adequacy of existing enforcement, according to documents reviewed by Bloomberg.It’s the latest development in the bipartisan congressional investigation being conducted by House antitrust subcommittee chair David Cicilline, a Democrat from Rhode Island.The eight-page survey doesn’t mention any companies by name, but it seeks information about the industries they dominate such as mobile apps and app stores, search engines, digital advertising, social media, messaging, online commerce and logistics as well as cloud computing.The survey asks respondents to identify the top five providers for the various digital services and how much it paid each of those providers since Jan. 1 2016. It also asks for any allegations of antitrust violations or business practices that hurt competition. The committee offered respondents the possibility of confidentiality if they desired.The panel has asked for responses to its survey by mid-October.Assessing AntitrustThe survey appears geared toward businesses that pay the big technology companies for services such as cloud computing, digital advertising and help selling mobile apps and products online. It doesn’t appear to focus on general retail consumers that buy products from Amazon or iPhones from Apple.It also shows how regulators are relying on customers and competitors of Big Tech to help them better understand digital markets and and how dominant players can stifle competition. The Federal Trade Commission has been quietly interviewing online merchants that sell goods on Amazon to better understand the business.The questionnaire shows the House panel trying to assess the grip big technology companies have in various markets, a first step in probing for antitrust violations. If the panel finds competition is so scant that the customers of big technology companies have no viable alternatives, it justifies further scrutiny of business practices as well as mergers and acquisitions.The questions also suggest the panel is open to examining how antitrust laws are applied in digital markets and if enforcement and laws need to be updated.A Google spokesman declined to comment. Apple didn’t immediately respond to requests for comment. Amazon and Facebook both declined to comment, but pointed to previous comments by executives in which both companies said they welcomed government scrutiny and maintain they exist in markets with healthy competition. Emails to representatives for the House committee weren’t immediately answered.The survey sent to customers follows the public disclosure of letters the House antitrust subcommittee sent to Google parent Alphabet Inc., Amazon.com Inc., Facebook Inc. and Apple Inc. Those letters, posted online, seek detailed information about acquisitions, business practices, executive communications, previous probes and lawsuits. The letters followed a July hearing in which lawmakers grilled tech executives.The House panel has been the most visible of various probes of technology companies. Representative Cicilline has been a vocal critic.Speaking at an antitrust conference in Washington, D.C. last week, he said, “you would be amazed” at the number of companies that have come forward with concerns about the potentially unfair way that big tech companies compete. Some have even expressed fear that the tech giants will respond with economic retaliation if the smaller companies’ concerns are made public, Cicilline said, without providing more detail.The House panel’s probe is part of a broader examination of the control companies such as Amazon, Google and Facebook have over the U.S. economy. The FTC is investigating Amazon and Facebook while the Justice Department is probing Google. Separately, 50 state attorneys general have announced an antitrust probe of Google.(Adds requested date for survey responses in fifth paragraph. An earlier version corrected the spelling of David Cicilline.)\--With assistance from Naomi Nix and Ben Brody.To contact the reporter on this story: Spencer Soper in Seattle at firstname.lastname@example.orgTo contact the editors responsible for this story: Jillian Ward at email@example.com, Ian FisherFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
Intel Corporation today announced that its board of directors has declared a quarterly dividend of $0.315 per share ($1.26 per share on an annual basis) on the company’s common stock. Intel (INTC), a leader in the semiconductor industry, is shaping the data-centric future with computing and communications technology that is the foundation of the world’s innovations. Find more information about Intel at newsroom.intel.com and intel.com.
Investing.com - The Dow is set to pass its intraday record high on Friday and other indexes were also near record highs after upbeat trade news from China, while an upside surprise on core inflation wasn't seen as enough to stop the Federal Reserve cutting rates next week.
(Bloomberg) -- The U.S. semiconductor industry urged President Donald Trump to make good on his promise to ease the ban on sales to China’s Huawei Technologies Co.“We encourage prompt action to issue approvals for sales that do not implicate national security concerns, particularly where there is foreign availability for competing products,” the Semiconductor Industry Association said in a letter dated Sept. 11 to Commerce Secretary Wilbur Ross, which was seen by Bloomberg News. Intel Corp., Qualcomm Inc. and Texas Instruments Inc. and are among members of the association.China’s largest technology company has found itself at the center of a trade conflict between Beijing and Washington that’s weighing on the global economy.After meeting with Chinese President Xi Jinping in late June, Trump said he would loosen restrictions on Huawei export licenses and that Beijing had agreed to buy more U.S. farming goods. But neither side has followed through on those pledges, and the U.S. has since increased tariffs on Chinese goods, sparking retaliation by China.In July, Trump met with chief executives from major technology companies including Micron Technology Inc. and Alphabet Inc.’s Google who asked for a timely decision on the resumption of sales to Huawei.Trade BlacklistAmerican businesses require a special license to supply goods to Huawei after the U.S. added the Chinese company to a trade blacklist in May over national-security concerns.Huawei is the third-largest buyer globally of U.S. semiconductors, the association said in the letter. Sales to Huawei of “non-sensitive” products ranging from mobile phones to smart-watches “do not implicate national security concerns,” the group said. The ban is making it more difficult for U.S. firms to compete against foreign rivals that don’t face the same restrictions, according to the letter.Delays in awarding the special licenses could weaken the U.S. semiconductor industry because it will lead to lower profits, forcing some companies to cut research and eroding their dominance in the global market, the association said.To contact the reporters on this story: Jenny Leonard in Washington at firstname.lastname@example.org;Ian King in San Francisco at email@example.comTo contact the editors responsible for this story: Brendan Murray at firstname.lastname@example.org, Sarah McGregor, Robert JamesonFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
Yesterday, President Trump tweeted that he would delay the upcoming hike on the China tariffs. US semiconductor companies are sensitive to trade wars.
Zumiez, Vista Outdoor, Nvidia, Intel and Tokyo Electron highlighted as Zacks Bull and Bear of the Day
KENILWORTH, N.J., Sept. 12, 2019 -- MAINGEAR — an award-winning PC system integrator of custom gaming desktops, notebooks, and workstations — today launched the MAINGEAR.
Investing.com – Intel (NASDAQ:INTC) shares were rising strongly Wednesday, along with chip stocks generally, but a report from Citigroup has warned that the chipmaker faces a bumpy road in the second half of the end of the year, with rival Advanced Micro Devices (NASDAQ:AMD) hot on its tail.
Today, Intel announced that it is partnering with the International Olympic Committee (IOC), the Tokyo Organizing Committee of the Olympic Games (Tokyo 2020) and a broad array of partners to drive the future of the Olympic Games Tokyo 2020 with groundbreaking technology. Intel’s successful collaboration with the PyeongChang 2018 Olympic Games has fueled its drive to raise the bar again in 2020 for how technology will innovate the Olympics.
AMD stock, sensitive to the success of new products, has risen by a mid-to-high-single-digit percentage on new product launches and market share gains.
The CPU war between Intel and Advanced Micro Devices has intensified. For the first time, AMD is competing with Intel on the technology front.
Investing.com - Stocks gave up morning gains this afternoon as some major technology stocks sagged and interest rates pushed higher.
Qualcomm (QCOM) will expand its 5G chip technology next year. Qualcomm will soon power the mid-priced smartphones with its 5G wireless data networks.