113.80 +0.23 (0.20%)
Pre-Market: 6:02AM EDT
|Bid||113.13 x 800|
|Ask||113.80 x 1000|
|Day's Range||111.93 - 113.80|
|52 Week Range||72.92 - 113.80|
|PE Ratio (TTM)||53.32|
|Earnings Date||Oct 24, 2018 - Oct 29, 2018|
|Forward Dividend & Yield||1.68 (1.48%)|
|1y Target Est||121.82|
A week ago rumors were flying that Adobe would be buying Marketo, and lo and behold it announced today that it was acquiring the marketing automation company for $4.75 billion. It was a pretty nice return for Vista Equity partners, which purchased Marketo in May 2016 for $1.8 billion in cash. The deal gives Adobe a strong position in enterprise marketing as it competes with Salesforce, Microsoft, Oracle and SAP.
Jim Cramer flies through his take on callers' favorite stocks, including a high-profile social media play.
It's that time again! "Mad Money" host Jim Cramer rang the lightning round bell, which means he gave his take on callers' favorite stocks at rapid speed. Snap Inc. SNAP : "In the $20s, $30s, it was bad. Microsoft has stepped up in this game and the only thing we can do is invite the company on [to] tell us how they're combating this theory that Microsoft's killing 'em.
Investing.com - Technology stocks led the rally midday, rebounding from weakness in the previous day led by software and chip stocks.
Adobe is nearing an acquisition of Marketo, sources said. Private equity firm Vista bought software company Marketo for $1.8 billion in 2016. Adobe will pay substantially more, the people said.
Cloud services company Oracle (ORCL) recently announced a $12 billion increase to its share repurchase program, which shows that the company is banking on growing its cash flows and expects its earnings growth to continue. Share buybacks also boosted the company’s earnings in its first quarter of fiscal 2019, which ended on August 31, 2018.
On September 19, IBM (IBM) introduced cloud-based bias-detection software that can manage the integration of AI (artificial intelligence) in any business. The use of machine learning has increased substantially, and enterprises are looking to improve their performance and decision-making processes through better analysis of available data. Sometimes deploying complicated machine learning concepts into client models can present issues, and IBM’s bias-detection software helps to avoid such confusion by automatically recognizing bias and resolving the problem.
Alphabet’s (GOOGL) Google is investing $140.0 million to expand its data center in Chile. Google parent Alphabet generated second-quarter revenues of $1.8 billion from Latin America and other American markets outside the United States.
Royal Dutch Shell PLC is using a new artificial intelligence platform to drive its efforts in predictive maintenance and spread AI-powered applications across the company. The goal is to make machine learning and other tools more widely available across Shell, developing and deploying AI applications at scale, Yuri Sebregts, Shell’s executive vice president of technology and chief technology officer, tells CIO Journal. Shell also is using artificial intelligence tools from Bonsai, a company Microsoft bought earlier this year that builds software to help computers run autonomously.
On September 19, CA Technologies (CA) formed a strategic alliance with Swisscom, a leading telecom operator, to build an innovative Open Banking Hub. The main purpose of creating the hub is to offer a secured platform to different financial institutions to easily link with third parties, which also includes financial tech startup companies. The partnership might enhance customer service by launching innovative products and services.
The company topped Wall Street expectations on earnings on the back of share buybacks. Foreign currency headwinds and US-China trade war fears also weighed on the stock. Out of the 36 analysts covering Oracle, 18 analysts have rated the stock a “buy,” while 18 analysts rated the stock as a “hold.” Only one analyst has given the stock a “sell” rating.
The Zacks Analyst Blog Highlights: Microsoft, Union Pacific, Danaher, Travelers and Northern Trust
Cloud gaming offers the possibility of narrowing the graphical gap between the Switch and its more powerful rivals, but there are hitches.
I first tried out Microsoft HoloLens a few years ago, a few months before its launch as a developer tool, and came away with similar impressions that many tech journalists had at the time: the tech was intriguing and impressive in some ways, but its limited field of view diminished the experience considerably. I’ve used HoloLens a few times since then at demos and events, and although there have been improvements, they haven’t changed fundamental experience — or its limitations. SEE ALSO: Apple takes a step towards its own version of Google Glass Magic Leap, which launched its developer hardware in August, provoked similar reactions. Although the product is different from HoloLens in many ways — it’s more steampunk goggles than futuristic visor, and you need to carry around a small hockey-puck computer to make it work — most people who had hands-on time with the device had similar observations: Here was a very promising augmented-reality experience that also suffers from field-of-view limitations and a lack of compelling software (although the latter criticism may have changed on Wednesday, with the release of a Magic Leap version of Angry Birds ). But if you were to conclude from those general impressions that the two devices provide near-identical experiences, you’d be mistaken. There are clear differences between the two, rooted in each company's approach to augmented reality, the specific problems they’re trying to solve, and even the respective company cultures. Magic Leap also had the benefit of being able to act after HoloLens, learning from early criticisms of that device. I recently got a chance not just to try out Magic Leap and HoloLens, but to do so back to back — a rare treat for expensive developer hardware made by competing companies. Thanks to a gathering of virtual- and augmented-reality storytellers arranged by StoryUp, a startup that helps produce immersive content, and the Reynolds Journalism Institute at the University of Missouri, I was able to use both products extensively. The exposure to both headsets in the same time and place gave me strong impressions of what each product is — and isn’t — good at. Leaps and Lenses This was my first exposure to the Magic Leap One. Most AR/VR headsets require a certain amount of precision when putting them on, but that goes double for Magic Leap since it requires that you carry around the tiny computer, called a Lightpack, that powers the experience. That means you have to remember to sling it around your shoulder before donning the goggles. You also need to make sure the supports in back are more on the top of your head than lower on your skull, which is a bit counterintuitive. Magic Leap is more of a chore to put on than HoloLens, but it's slightly more comfortable to actually wear.Image: Pete Pachal/MashableHoloLens isn’t much better in this department, but it’s better. Microsoft’s headset is a single, standalone unit, so there’s no purse computer. However, it’s also a bit weird in how it fits on your head: The visor connects to a headband via a hinge, and you’re often left wondering if you’ve put it on right once you’ve slipped it on and raised the visor back up. Still, I prefer Microsoft’s crank for tightening the headset on your head to Magic Leap’s traditional straps, but will admit the crank might feel weird for novice users. Where Magic Leap surprised me the most was its field of view. Yes, it’s limited — the virtual images are confined to a rectangular zone right in front of you – but it’s not nearly as limited as HoloLens. There's no official spec for field of view, but some have pegged the vertical FoV at almost double that of HoloLens. Smart hardware and software choices help, too. My first experience with Magic Leap was a demo “world,” where various patterns that resemble marine life appeared all around me, changing seemingly at random. When I reached out to touch the images, they’d react in different ways: seaweed-like tendrils would bend to my hand movements, and a jellyfish-like ball would rapidly spin and implode when I tried to grab it. Magic Leap was more effective at immersing you with virtual objects than HoloLens, thanks mainly to its better field of view.Image: Sarah Hill/MashableMagic Leap’s goggles do appear to cut off more peripheral vision than HoloLens. While that sounds bad, it also means the ratio of non-augmented space to augmented space in your gaze goes up, so naturally it feels more immersive. Whatever the reason, I was not immediately struck, and subsequently frustrated, by how limited the “magic” window was on Magic Leap. By contrast, HoloLens keeps reminding you of what you're missing. After putting on the $3,000 headset, I took a look around the kitchen I was standing in and saw it was populated with several holograms, including very precise renderings of ballerinas, weightlifters, and breakdancers. But as I moved my head to check them out, parts of the holograms would get cut off as they moved out of the holographic part of the display. This is the most annoying thing about HoloLens. When something interests you visually, you have a natural inclination to move closer so you can see it better. But instead of rewarding you, HoloLens’ limited field of view will cut off parts of the object you’re looking at, preventing you from taking it in fully. The closer you get, the more it takes you out of the experience. A winner materializes I didn’t experience the same level of frustration with Magic Leap. The software is a big part of this; most of the virtual objects I interacted with weren’t particularly large, so there was less chance of them being cut off. The objects also tended to have a more ethereal quality to them, which does a lot to manage expectations: it’s less weird to see something ghostly start to disappear. By contrast, Microsoft’s very solid-looking holograms always looked strange when heads, feet, or arms were cut off. That said, I have to concede realistic holograms are more of a point for Microsoft than against. The goal of HoloLens is to mix virtual objects with the real world, but in a way where the viewer sees and treats those objects as if they were real. And it succeeds: The holograms are almost always crisp and clear to the eye. I tried a couple of different apps on Magic Leap, but the virtual objects never felt quite as present. So yes, HoloLens has a certain rigidity that the Magic Leap didn't match, but it wasn't always an advantage. The hand gestures that you use to manipulate the holograms need to be very precise, and those interactions often call up icons and menus in 3D space. In general, it feels like the experience was designed by engineers — it seems Microsoft can’t help but be Microsoft, even when it’s innovating. I found using Magic Leap to be a much more natural experience. The only menu I really used was the main one that you call up with the remote. Otherwise I mostly just used my hands to goof around with things, walking through virtual environments, like a volcano-ravaged Guatemalan village in an AR experience created by The New York Times . At one point the headset got confused when it couldn’t figure out exactly where I went in the room when I moved from an open area to a tight space, but mostly it did a better job of creating an AR-enhanced environment than HoloLens. Back in HoloLensImage: Pete Pachal/MashableIf you’re getting the sense there’s a winner here, you’re right. Again, Magic Leap had the advantage of taking its time — thanks in part to an absurd amount of venture funding — and addressing early concerns of AR, so it's not an even playing field. But there are also some some fundamental differences in approach that help, too. With its traditional dialog boxes, desktop-like iconography, and need for precise gestures, HoloLens feels much more like a developer tool. Microsoft has told a confusing story around HoloLens — at various points in its lifetime it’s been touted as a consumer, gaming, and enterprise device – which has led to some paralysis in the experience. Without a software experience to walk you through things, it’s not intuitive to use. Magic Leap, on the other hand, feels like a level up. The graphics don't look better, but, using it immediately after HoloLens, I felt like an artist who’d just been given a slightly bigger canvas and a much better paintbrush. Both platforms still need a killer app to make them worthwhile, but at least with Magic Leap you’re thinking more about what you can see and do than what you can’t. WATCH: The Lenovo Smart Display looks like a tablet and acts like one, too