|Bid||266.05 x 900|
|Ask||266.09 x 800|
|Day's range||263.01 - 265.77|
|52-week range||142.00 - 265.78|
|Beta (3Y monthly)||1.25|
|PE ratio (TTM)||22.35|
|Earnings date||27 Jan 2020 - 31 Jan 2020|
|Forward dividend & yield||3.08 (1.17%)|
|1y target est||256.88|
When tech giants create differing company cultures that match their respective business strategies, both can be effective, says a top venture capitalist in a newly released interview.
The Chinese company behind the popular video app TikTok is set to go head-to-head with the likes of Spotify and Apple in the music streaming market with the launch of its own rival service. ByteDance is in talks with the world’s largest record companies — Universal Music, Sony Music and Warner Music — for global licensing deals to include their songs on its new music subscription service, according to people familiar with the matter.
Saudi Arabia has sharply scaled back the initial public offering of its state oil giant after international investors gave its ambitious plans a lukewarm response. The kingdom revealed on Sunday that it will seek to raise between $24-$25.6bn from the listing of Saudi Aramco, a fraction of the $100bn it had once hoped for. Aramco will float just 1.5 per cent of its total shares to investors at price that will value the company at between $1.6tn-$1.7tn.
The idea seems to be that customers would enjoy a whizzy Google banking interface, backed by an old-fashioned current account at Citi. Silicon Valley has already cracked payments. This phenomenon is not new: 20 years ago, Walmart tried to get into the retail banking business.
We searched for semiconductor stocks utilizing our Zacks Stock Screener that investors might want to consider buying ahead of what could be a strong year for chip companies in 2020...
Dolby (DLB) fiscal fourth-quarter results reflect year over year increase in income and revenues, driven by gripping content, Dolby Vision and Dolby Atmos experience with higher broadcast revenues.
Despite trade-related conflict with China, the technology sector has performed exceptionally well in 2019 so far, surpassing the broader market return.
Raising his share price target for the iPhone maker, analyst Samik Chatterjee argued the company could leverage the millions of users who search its App Store and Safari browser daily to generate the stellar growth seen by Facebook and Google in recent years. Apple does not currently give detailed figures on advertising revenue. Through two difficult years for iPhone sales, the California-based firm has stressed the importance of growth in its services segment, which already includes Apple Care and Apple Music and generated revenue of $12.51 billion last quarter.
NUVIA Inc was founded by Gerard Williams III, Manu Gulati and John Bruno in early 2019 and is developing a processor code-named Phoenix. The company on Friday said it raised $53 million from Dell Technologies Capital and several Silicon Valley firms, which will help it expand from 60 employees to about 100 by the end of this year.
The next big thing after the smartphone is . Apple executives recently told staff that a preliminary headset could launch in 2022, according to tech news site The Information, while “true” augmented-reality glasses are due to arrive a year later.
FT subscribers can click here to receive FirstFT every day by email. How well did you keep up with the news this week? Take our quiz . Nigel Farage claimed Boris Johnson’s allies offered the Brexit party ...
as head of HBO in February, it signalled the end of an era for a cable network synonymous with high-quality television. Mr Plepler’s arrival at Apple would present a fresh challenge to Netflix, which has battled with HBO for coveted Emmy awards in recent years.
When a man I had never met offered to introduce me to second world war veterans in Russia, I jumped at the opportunity. Little did I know that at the end of my first day in the country his wife would be whipping me with birch twigs in a small cabin on the edge of a rural forest. “Winter is coming,” my host Sasha intones (I’m willing to bet good money he has never watched Game of Thrones).
In On Keeping a Notebook, British photographer Jamie Hawkesworth visualises the personal, fragmentary nature of an artist’s creative process. Hawkesworth’s lens is drawn to bursts of colour and nature’s idiosyncrasies; a bushel of fallen apples, a lightning-struck tree and a mudlarking child come to symbolise flights of the imagination, complemented by Didion’s musings on the fluid line between fact and fiction in her own note-taking.