Technology - Investor's Business DailyСб., 20 янв. Текст источника в новой вкладке

 
 
1. BMW Setting Up To Outrun Tesla In Autonomous, Electric-Car FieldСб., 20 янв.[−]

German automaker BMW ( BMWYY) will put the heat on Tesla ( TSLA) when it gives a glimpse of its all-electric, autonomous vehicle that's expected to have a range of 435 miles on a single charge.

X BMW officials earlier this week told British Magazine Auto Express it will preview the iNext later this year, which it plans to put on roads in 2021. It will be the equivalent in size to the BMW X5, a gas-powered SUV that seats five, and be one of 12 new fully electric vehicles from BMW by 2025.

"It's groundbreaking," BMW product manager Alexander Kotouc, was quoted as telling Auto Express. "I can promise you that this year you will see something and touch something — you need to let people experience what is coming."

Tesla is facing increased competition in the electric vehicle field by BMW, General Motors ( GM), Mercedes-Benz owner Daimler ( DDAIF), Ford Motor ( F) and others that already have, or plan to introduce, a series of electric vehicles.

General Motors plans to put a truly self-driving car — with no steering wheels, pedals and manual controls — on the road in 2019. Ford is preparing to test a new business model, using self-driving cars for ride-sharing, this quarter.

BMW announced in July 2016 it would use Intel ( INTC) and Mobileye in the development of fully automated driving technology for the iNext, making it the foundation for BMW Group's autonomous driving strategy and setting the basis for fleets of fully autonomous vehicles.

Intel completed its $15.3 billion acquisition of Mobileye in August. Intel has partnerships with multiple auto manufacturers for the development of self-driving vehicles.


IBD'S TAKE: Tesla shares have been consolidating since Sept. 18, when shares reached an all-time high of 389.61.The company has a weak IBD Composite Rating of 48 out of a possible 99.


The 435-mile driving range that BMW is planning for the iNext is beyond anything that Tesla currently offers. The Tesla Model 3 and Model S have a range up to 335 miles while the Model X SUV crossover has a range of 290 miles.

Experts say electric vehicles, a market fueled by Tesla, could bring widespread disruption and dramatically shrink the number of carmakers over the next couple of decades.

Tesla shares climbed 1.6% to close at 350.02 on the stock market today.

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2. Microsoft Gets Bullish Report On Cloud Computing, Cash Return ProspectsСб., 20 янв.[−]

Software giant Microsoft ( MSFT) received a price-target hike from a Wall Street brokerage firm Friday ahead of its December-quarter earnings report, due out Jan. 31.

Credit Suisse analyst Michael Nemeroff reiterated his outperform rating on Microsoft stock and upped his price target to 115 from 95.

Microsoft shares slipped 0.1% to close at 90 on the stock market today. The stock is trading just below its all-time high of 90.79, reached on Tuesday.

Microsoft's commercial cloud computing momentum is expected to continue, based on a customer survey by Credit Suisse, Nemeroff said in a report.

"Our new, proprietary survey (historically our surveys have been good leading indicators of business trends) suggests that momentum in Microsoft's Commercial Cloud businesses should continue throughout 2018, at least," he said.

Microsoft is seeing traction for its Azure cloud infrastructure and Office 365 productivity software, he said.


IBD'S TAKE: Microsoft stock broke out of a six-week flat base with a buy point of 86.30 on Dec. 15. For more analysis on Microsoft, visit the IBD Stock Checkup.


Microsoft also has a big stockpile of foreign profits banked overseas that it could repatriate to the U.S., Nemeroff said. Microsoft has $132 billion in cash overseas and could net $112 billion after taxes if it brought it all home.

Microsoft is likely to do a combination of increased share buybacks and a one-time dividend of about $6 to $9 a share to return cash to shareholders, Nemeroff said.

"We do not view this as a catalyst for an uptick in M&A activity at Microsoft," he said. "However, we do believe that Microsoft will continue to opportunistically acquire smaller cloud assets and relevant artificial intelligence (AI) technologies."

Also Friday, UBS analyst Jennifer Swanson Lowe reiterated her buy rating on Microsoft with a 12-month price target of 105.

Lowe echoed the views of Credit Suisse. She sees continued strength in the company's commercial cloud business and ongoing improvements in Azure profit margins.

"The possibility of increased buybacks and/or cash dividends adds another upside driver for the stock," she said in a report.

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3. Netflix Stock Gets Price-Target Hikes Ahead Of Earnings ReportСб., 20 янв.[−]

Internet television leader Netflix ( NFLX) received three price-target hikes to its stock on Friday as the company prepares to report fourth-quarter results on Monday.

X KeyBanc Capital Markets upped its Netflix price target to 270 from 230 and reiterated its overweight rating. Rosenblatt Securities raised its price target to 265 from 225 and kept its buy rating. Cowen increased its price target to 240 from 215 and maintained its outperform rating.

On Tuesday, GBH Insights hiked its price target on Netflix to 255 from 235 and kept its "highly attractive" rating.

Netflix shares were up marginally to close at 220.46 on the stock market today. The stock hit an all-time high of 226.07 on Tuesday.

Netflix's fourth-quarter subscriber numbers will be helped by a strong slate of original content, including new series "Mindhunter," hit movie "Bright," and second seasons of "Stranger Things" and "The Crown," Cowen analyst John Blackledge said in a report.

Blackledge estimates that Netflix added 1.35 million U.S. streaming subscribers, slightly ahead of guidance for 1.25 million, and 5.07 million international subscribers, roughly in line with guidance of 5.05 million.

Price increases in October for high-definition and 4K-ultra-HD video plans "could potentially be a slight churn headwind, though we expect this would be both minimal and temporary," Blackledge said.

For the current quarter, he predicts Netflix will add 1.35 million U.S. streaming subscribers and 4.19 million international subscribers. Netflix's original content premieres in the first quarter include science-fiction series "Altered Carbon" and the second season of "Marvel's Jessica Jones." However, the Winter Olympics in Pyeongchang, South Korea, could provide competition in the first quarter.


IBD'S TAKE: Netflix stock broke out of a flat base with a buy point of 204.48 on Jan. 3. For more analysis on Netflix, visit the IBD Stock Checkup.


"The Winter Olympics will provide competition for viewers' time, and we would not be surprised if (Netflix) management begins the year with a conservative subscriber forecast," Rosenblatt analyst Alan Gould said in a report.

Netflix ended the September quarter with 109.25 million streaming subscribers worldwide, including 52.77 million in the U.S. and 56.48 million in international markets.

Netflix is the global leader in internet subscription video and is likely to stay the top dog, KeyBanc analyst Andy Hargreaves said in a report.

"While the volume of competition in subscription streaming is undoubtedly increasing, we believe Netflix's existing scale in subscribers and data, its operational expertise, and its massive investments in content and marketing position it to extend its competitive advantages in the coming years," Hargreaves said.

Other analysts are more cautious on Netflix.

B. Riley FBR analyst Barton Crockett on Friday reiterated his neutral rating and price target of 211 on Netflix.

Wedbush Securities analyst Michael Pachter, a longtime Netflix bear, maintained his underperform rating and 12-month price target of 93.

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4. Apple iPhone X 'End Of Life' Predicted, Production Cuts SeenСб., 20 янв.[−]

Disappointing sales of the iPhone X could lead Apple ( AAPL) to end production of its flagship handset this summer as it prepares to replace it with a trio of new smartphones in the fall, Wall Street analysts said Friday.

X KGI Securities analyst Ming-Chi Kuo predicted that the iPhone X will reach "end of life" in the summer and will not be retained as a lower-cost option when the new iPhones are released. If that is the case, it would mark the first time that Apple has not retained the previous year's model in its smartphone lineup, AppleInsider reported.

Instead, the technologies in the iPhone X would be migrated to the 12th-generation handsets, which are likely to be introduced in September.

Sales of the iPhone X have been disappointing, leading to a reduction of orders with contract manufacturers, KGI said.

Rosenblatt Securities analyst Jun Zhang also sees Apple discontinuing production of the iPhone X this summer.

"Based on our most current research, we believe that Apple may be planning to cut iPhone X production for the June quarter by as much as 10 million units, reducing output to 15 million," Zhang said in a note to clients. "This move drives our latest view that Apple could be planning to stop iPhone X production midyear to ramp up for the various models of the coming Xs."

The iPhone X was billed as Apple's 10th-anniversary handset. Its success or failure is a subject of debate, given its premium pricing and whether it influenced consumers to buy lesser-priced, potentially higher-margin iPhones.


IBD'S TAKE: Apple stock has an IBD Composite Rating of 90 out of a best-possible 99. For more analysis on Apple, visit the IBD Stock Checkup.


Three new-model iPhones are expected to debut this fall. They include a new 5.8-inch OLED screen handset to replace the current iPhone X, but possibly at a lower selling price of $799 to $999, Zhang said.

Apple also reportedly is prepping a 6.5-inch OLED-screen iPhone X Plus, which could be sold at the same price as the current iPhone X, which ranges from $999 to $1,299.

Plus, Apple is expected to introduce a 6.1-inch LCD-screen iPhone that could be priced at $650 to address middle-market demand, Zhang said.

"The potentially shorter life cycle of the current iPhone X could drive a potentially bigger ramp of the three new iPhone models with 3D sensing" technology, he said. Zhang rates Apple stock as buy with a price target of 180.

Apple shares fell 0.5% to close at 178.46 Friday.

The stocks of Apple chip suppliers fell on the news. Broadcom ( AVGO) was down 0.7%, near 268, in midday trading. Cirrus Logic ( CRUS) was down 2.5%, near 53.40. Qorvo ( QRVO) was down 3.4%, near 68.30. Skyworks Solutions ( SWKS) was down 2.8%, near 99.40.

Broadcom gets 15% to 20% of its sales from Apple. Cirrus Logic gets about 80% of its revenue from Apple. Qorvo gets about 34% of its sales from Apple. Skyworks gets as much as 40% of its revenue from Apple.

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5. IBM Turns A Corner With Results, But Concerns About Profit AriseСб., 20 янв.[−]

Shares of IBM ( IBM) fell Friday after the tech giant reported fourth-quarter results that beat views and broke a nearly six-year string of revenue declines but also raised concerns about future profit growth.

X Though Big Blue's revenue and earnings beat estimates, its gross margin and operating margin were below views. Its 2018 earnings and cash-flow guidance also disappointed.

"IBM reported a noisy quarter that will broadly underwhelm investors (for now) given steady revenue headwinds and gross-margin declines across the board," RBC Capital Markets analyst Amit Daryanani said in a research note to clients.

"While the December-quarter execution was suboptimal, we are sticking with our outperform rating, as we think risk/reward remains attractive," wrote Daryanani, who lowered his price target on IBM to 180 from 183.

IBM shares fell 4% to close at 162.37 on the stock market today.

After the market close Thursday, IBM reported revenue of $22.5 billion, beating the consensus estimate of $22.1 billion and up 4% from the year-ago quarter. That snapped nearly six years' worth of quarterly sales declines, year over year. Adjusted earnings of $5.18 per share beat estimates by a penny.

IBM predicts 2018 adjusted earnings of $13.80 a share, vs. the consensus of $13.92.


IBD'S TAKE: IBM shares are up 22% from an August low, climbing the right side of a possible 11-month base pattern. Read IBD's The Big Picture column to stay on top of the market direction, a key indicator that lets you know when you can be aggressive and when you should move to the sidelines. Looking for the next big thing? Start with this simple routine.


UBS analyst Steve Milunovich reacted to the IBM earnings report by saying he was feeling worse near term but "somewhat better long term."

On the positive side, he wrote, the toughest part of IBM's business transition to strategic imperatives "appears past."

IBM has undergone a multiyear wide-ranging turnaround in which it shed old lines of business and created new ones, in areas such as artificial intelligence, cloud computing, Big Data analytics and mobile. IBM collectively refers to the new business operations as strategic imperatives.

Revenue from strategic imperatives for 2017 topped $36.5 billion, up 11% from the year-ago period and representing 46% of total revenue.

"The company's view that new business will have a better operating margin than old is the key debate, in our view," Milunovich wrote.

GBH Insights analyst Daniel Ives referred to IBM's guidance as a mixed bag, "with all eyes on strategic imperatives in 2018."

He maintained a rating of attractive with a price target of 180.

"The strategic imperatives segment remains the main fuel in IBM's diesel engine heading into 2018 as it represents roughly 50% of revenue and is growing with double digits," Ives wrote, "thus helping neutralize some of the massive headwinds on its traditional mainframe hardware business."

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6. Amazon Raises Monthly Fee On Prime Membership Program 18%Сб., 20 янв.[−]

E-commerce leader Amazon ( AMZN) is raising the fee of its Prime membership program for those who pay on a monthly basis, but those who pay annually will see no change to their $99 fee.

X The online retailer on Friday said it raised the monthly fee for Amazon Prime 18% to $12.99 from $10.99, meaning they'll pay $156 a year. The increase will appear next month. The monthly student rate increased to $6.49 from $5.49.

Amazon's heavy investments in Prime, bringing it to new markets and creating additional benefits and original content, in addition to fee increases from its shipping partners, are among the factors contributing to the price increase, according to GeekWire.

With Amazon Prime membership, customers get free shipping, free access to Amazon's streaming TV service and streaming music, exclusive discounts, early access to deals and other perks.

The perk for Amazon is that Prime subscribers spend more and buy more frequently than non-Prime members. In December, about 85% of Prime members made a purchase on Amazon, accounting for 65% of total Amazon purchases that month, Cowen analyst John Blackledge said in a research note to clients last week.


IBD'S TAKE: Amazon has been a big winner, with the stock up 62% in the past 12 months. Amazon is an IBD Leaderboard stock with an IBD Composite Rating of 80 out of a possible 99. Looking for the next big thing? Start with this simple routine.


Blackledge estimated that Amazon added about 10 million subscribers to its Prime membership program in 2017, raising the total number by 20% to a record 60 million.

Amazon doesn't reveal how many Prime members it has, and analyst estimates vary widely. In October, Consumer Intelligence Research Partners issued a press release saying Amazon had 90 million Prime subscribers, which it based on a survey of 500 Amazon users.

Amazon boasted of record holiday sales, putting a spotlight on Prime subscribers with its " Best of Prime 2017." Amazon said it shipped more than 5 billion items through Prime this past year.

Amazon shares ticked up 0.1% to close at 1,294.58 Friday.

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7. This Biotech Stock Rocketed 15% On Rumors Biogen Could Buy ItСб., 20 янв.[−]

Acorda Therapeutics ( ACOR) rocketed as much as 15% Friday on rumors it could be a takeover target for Biogen ( BIIB) as well as a slew of Asian drugmakers.

X By the closing bell on the stock market today, Acorda surged 8.8% to 27.20, after earlier soaring to 28.60. Biogen lifted a fraction, near 345.20.

The rumors emerge a week after the annual J.P. Morgan Healthcare Conference when Acorda said it had boosted the potential for an inhaled Parkinson's disease drug known as Inbrija to $800 million in the U.S.

Inbrija has been a sore point for Acorda in recent history, though. In August, the Food and Drug Administration refused to file Acorda's application for Inbrija, saying it was not sufficiently complete to garner a review.

That was a hit to Acorda's already thin pipeline. Last April, Acorda put four drugs on the back burner to focus on Inbrija and a drug called tozadenant after a judge invalidated several patents on key multiple sclerosis drug Ampyra.

But Tozadenant also has been problematic for Acorda. The drug was being tested as a Parkinson's disease therapy when five patients died in late-stage trials. Acorda paused enrollment in long-term safety trials and increased monitoring.


IBD'S TAKE: Biogen stock gained steam this week as its Relative Strength Rating rose to a 72 out of a best-possible 99, up from an earlier rating of 68. This metric shows how a stock's price performance over the trailing 52 weeks compares to the rest of the market. See what went into Biogen's rating by visiting IBD Data Stories.


Already Acorda has been subject to pressure for a sale. Following the FDA's refusal to file for Inbrija last year, a hedge fund acquired a 16.5% stake in the biotech and then urged it to seek a buyer.

In a U.S. Securities and Exchange Commission filing, Acorda said it wouldn't be the best time to pursue a sale as it would not be able to "adequately compensate shareholders for the potential benefits of the company's late-stage program."

Today, Acorda has a market cap near $1.3 billion. As of its third quarter ended Sept. 30, Biogen had more than $3.5 billion in cash, equivalents and securities on hand. It's possible Ampyra would dovetail well with Biogen's large MS franchise.

Biogen declined to comment to Investor's Business Daily. Acorda didn't immediately return an email requesting comment.

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8. Google Price Target Hiked, Big Data Seen As Its Biggest EdgeСб., 20 янв.[−]

Google-parent Alphabet's ( GOOGL) ace-in-the-hole is its competitive edge in collecting and utilizing data, one analyst said Friday after upping his price target on the internet giant.

Analyst Andy Hargreaves increased his price target to 1,280 from 1,150 per share. The KeyBanc analyst expects Google to expand advertising on its mobile Map app in 2018.

"We see the potential for significant upside to our estimates from sustained growth in mobile search and YouTube, acceleration in Maps monetization, success with YouTube TV, or stricter expense management," Hargreaves said in a note to clients. "Additionally, we believe (self-driving car business) Waymo is emerging as a global leader in automated driving software, which could be more appropriately factored into valuation."

Goldman Sachs, meanwhile, in a report published Friday said it expects internet stocks to out-perform. Google, Amazon.com ( AMZN)and PayPal Holdings ( PYPL) are on Goldman Sachs' "conviction list" of top names.

"With e-commerce growth accelerating, advertising dollars continuing to shift online, and valuations near five-year historic averages despite recent outperformance, we expect upward estimate revisions and related multiple expansion will drive continued outperformance in internet," said the report.

Alphabet rose 0.7% to close at 1,143.50 on the stock market today. The stock is up nearly 6% in 2018 and 37% from a year ago.


IBD'S TAKE: Finding the best stocks to buy can be tricky. That's why Investor's Business Daily makes it easy with educational tools, stock lists, research, Leaderboard and more.


Alphabet on Friday announced a co-licensing pact with China's Tencent Holdings ( TCEHY).

The Google parent reports fourth-quarter earnings on Feb. 1. Profit is expected grow 32% to $10 per share, with revenue rising 22% to $31.85 billion.

"The Q4 setup is no layup but to us looks achievable, with Google having exceeded both top and bottom line expectations in 7 of the past 9 quarters," said Brent Thill, a Jefferies analyst, in a report published Friday.

"We continue to believe Google has the right pieces in place to deliver meaningful 20% upside driven by continued strength in core search and a series of artificial intelligence-led call options across YouTube, hardware, cloud computing, and autonomous driving."

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9. Square Shares Jump: Can It Become The Next Google Or Amazon?Сб., 20 янв.[−]

Square ( SQ) popped on Friday after an analyst upped his price target and said the digital payment processor could evolve into a much different company with multiple growth engines, much like that of Amazon.com ( AMZN) and Alphabet's ( GOOGL) Google, in terms of diversifying.

X Instinet analyst Dan Dolev has increased his target price for Square to 64 from 48.

"In 10 years, Square is likely to be a very different company helped by accelerating share gains from payment peers and relentless disruption of services like payroll and human resources," he said in a note to clients.

Square gained 5.7% to close at 42.56 on the stock market today. While again trading above its 50-day-moving average, Square is still below a technical buy point of 49.66.

Shares in Square have increased 166% from a year ago.


IBD'S TAKE: Finding the best stocks to buy can be tricky. That's why Investor's Business Daily makes it easy with educational tools, stock lists, research, Leaderboard and more.


San Francisco-based Square makes credit card readers that plug into mobile phones and tablets. Square has expanded into providing financing and bank loans to small businesses.

"We believe that a looming positive inflection in gross payment volume (or GPV) growth coupled with sustained long-term GPV compound growth rate of over 20% can help ensure that 2018 will be yet another phenomenal year for Square," Dolev said.

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10. These 5 Stocks Are Racing To Buys From The Hottest Group Right NowСб., 20 янв.[−]

As the major averages edged lower on Thursday, chip-equipment stocks kept rising. The chip-gear group has led all industries this week. ASML Holding ( ASML) broke out this week on strong earnings. Meanwhile, Applied Materials ( AMAT), Lam Research ( LRCX), Ichor Holdings ( ICHR), Electro Scientific Industries ( ESIO) and Cabot Microelectronics ( CCMP) are all in proper bases moving toward buy points.

X Applied Materials, Lam Research and Ichor Holdings, like ASML, boast Composite Ratings of 95 or above. All-time stock winners often have 95-plus CRs near the start of big runs. (Electro Scientific and Cabot Micro have CRs of 91 and 90, respectively.)

Meanwhile, Ichor Holdings and Electro Scientific have offered bullish sales guidance, helping to give the entire group a lift along with ASML.

Industry strength is important. Leading stocks are heavily influenced by their industry group, so you want to see positive market and industry trends. The Electronics-Semiconductor Group is rated a so-so 74 out of the 197 industries that IBD tracks, though that ranking is improving after the chip sector slumped at the end of last year. The chip-gear group soared 7.4%, double the gain of the second-best performing industry.

Applied Materials

Applied Materials is in a cup base with a buy point of 60.99. Shares closed flat at 57.40 in Friday's stock market trading. But shares still soared 7.4% so far this week, reclaiming their 50-day moving average. Applied Materials' relative strength line, which tracks a stock vs. the S&P 500 index, has now hit a very short-term high, but is still well off the highs of the left side of the consolidation. (The RS line is the blue line in the charts below.)

Applied Materials and Lam Research got upgrades earlier this week from Susquehanna Financial Group, saying they should benefit from strong demand from the memory chip field. Applied Materials also is a player in equipment for making organic light-emitting diode (OLED) displays.

Lam Research

Lam Research rose 1% to 207.53 on Friday, capping a 10.1% gain for the week.. Lam Research has a 219.80 cup-base buy point. The RS line has topped a very short-term peak, but is still in the lower half of its current consolidation. That's a concern.

Lam Research is due to report earnings next Wednesday.

Ichor Holdings

Ichor Holdings skyrocketed 6.8% on Thursday after surging nearly 20% on Wednesday, vaulting above its 50-day line. Ichor fell 1.1% to 32.39 on Friday, but still rose 31% for the week.

Ichor, which makes fluid delivery subsystems for chipmaking equipment, is approaching a 35.61 buy point. Aggressive investors could have considered buying on Wednesday as Ichor broke a downtrend in heavy volume.

Ichor's RS line has sprinted higher this week, but remains well off its old highs.

What triggered this stock explosion? Ichor said Wednesday that it expects to report fourth-quarter revenue of $183 million, up 39% vs. a year earlier. Analysts had forecast $180 million, according to Zacks Investment Research. Even better, Ichor sees current-quarter revenue of $240 million to $250 million. That would be a 65% gain at the midpoint of $245 million.

Ichor, which came public in December 2016, sank 1.4% early Friday.

Electro Scientific Industries

Electro Scientific Industries spiked 19.5% on Thursday to 26.30, rising to 27.65 intraday, just below a 27.82 buy point. The stock edged up 0.5% to 26.44 on Friday, up 32% this week. The RS line, which was at consolidation lows earlier this week, has shot above some short-term highs, but remains well off its late November peak.

Thursday's move came after Electro Scientific reported preliminary fiscal third-quarter sales of $106 million to $111 million, a 221% gain at the midpoint. Analysts expected just $85 million.

Cabot Microelectronics

Shares of Cabot Microelectronics, which makes polishing slurries for use in the chipmaking process, didn't sell off as much as many of its peers late last year. The stock is generally finding support at its 50-day moving average. Since bottoming in mid-December, Cabot Micro has rallied, but generally in line with the broader market.

Cabot Micro advanced 2.8% to 102.79 on Friday, approaching a 103.02 buy point in a shallow cup base. Cabot Micro popped 4.8% for the week, giving a little boost to its RS line.

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11. Netflix (NFLX) Stock Quotes, Company News And Chart AnalysisПт., 19 янв.[−]
X


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Netflix Stock News & Analysis

Netflix Stock Gets Price-Target Hikes Ahead Of Earnings ReportInternet television leader Netflix received three price-target hikes to its stock on Friday as the company prepares to report fourth-quarter results on Monday. KeyBanc Capital Markets upped its Netflix price target to... Read More
Netflix, Intel Kick Off Silicon Valley Earnings: Investing Action PlanHere's your weekly Investing Action Plan: what you need to know as an investor for the coming week. The earnings season will get its first taste of results from Silicon Valley, led... Read More
Netflix, Intuitive Surgical Set To Report As Earnings Season Ramps UpInteractive Brokers, ASML Holding and Atlassian delivered solid earnings reports in the latest week, but ASML was the only meaningful upside mover that delivered a win for call-option buyers. More earnings reports... Read More
Will 2018 Be The Year Netflix Turns On The Earnings Spigot?Internet television leader Netflix has been investing heavily in recent years to build out its global distribution network and fund original content production at the expense of profits. But this year it... Read More
Google Conquers CES With Ubiquitous Marketing For Its Voice AssistantLAS VEGAS — At the massive CES consumer electronics show this week, Google was practically everywhere, promoting its Google Assistant voice-response technology and other initiatives, a stark contrast to last year's conference... Read More

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12. FANG Stocks News & Quotes: Facebook, Amazon, Netflix, GoogleПт., 19 янв.[−]

Collectively known as the FANG stocks, Facebook ( FB), Amazon ( AMZN), Netflix ( NFLX) and Google parent Alphabet ( GOOGL) are among the tech titans of our time.

X Facebook and Google alone capture the lion's share of all global online advertising, including in the fast-growing mobile format, while Amazon dominates e-commerce and cloud services with its Amazon Web Services business.

And although Netflix is facing increasing competition from Hulu and fellow FANG stocks — particularly Amazon and YouTube owner Google — its original programming and massive global expansion in 2016 have cemented its leadership in the streaming industry.

Check this page regularly for ongoing coverage of the latest FANG news and investing insight.

FANG Stocks News & Quotes

Netflix Stock Gets Price-Target Hikes Ahead Of Earnings ReportInternet television leader Netflix received three price-target hikes to its stock on Friday as the company prepares to report fourth-quarter results on Monday. KeyBanc Capital Markets upped its Netflix price target to... Read More
Amazon Raises Monthly Fee On Prime Membership Program 18%E-commerce leader Amazon is raising the fee of its Prime membership program for those who pay on a monthly basis, but those who pay annually will see no change to their $99... Read More
Google Price Target Hiked, Big Data Seen As Its Biggest EdgeGoogle-parent Alphabet's ace-in-the-hole is its competitive edge in collecting and utilizing data, one analyst said Friday after upping his price target on the internet giant. Analyst Andy Hargreaves increased his price target... Read More
Nasdaq Ends Week On High Note; Big Lots Breaks Out While IBM Weighs On DowThe Nasdaq composite outperformed Friday in an uneventful session that saw the Dow Jones industrial lag, mostly due to weakness in IBM and American Express, which both reported earnings. IBM gapped down,... Read More
Netflix, Intel Kick Off Silicon Valley Earnings: Investing Action PlanHere's your weekly Investing Action Plan: what you need to know as an investor for the coming week. The earnings season will get its first taste of results from Silicon Valley, led... Read More
Nasdaq Still Leads, PayPal Breaks Out; Could This FANG Stock Beat Apple?The Nasdaq composite is trading near session highs in late-afternoon trading Friday with a nearly 0.5% gain. The leading index in 2017, up 28.2% that year, looks poised to stage a third... Read More
Facebook Getting Closer To Key Technical MeasureThe Relative Strength (RS) Rating for Facebook climbed into a new percentile Friday, as it got a lift from 69 to 72. This exclusive rating from Investor's Business Daily tracks market leadership... Read More

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13. Apple (AAPL) Stock Quotes, Company News And Chart AnalysisПт., 19 янв.[−]
X


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Apple Stock News & Analysis

Apple iPhone X 'End Of Life' Predicted, Production Cuts SeenDisappointing sales of the iPhone X could lead Apple to end production of its flagship handset this summer as it prepares to replace it with a trio of new smartphones in the... Read More
Nasdaq Still Leads, PayPal Breaks Out; Could This FANG Stock Beat Apple?The Nasdaq composite is trading near session highs in late-afternoon trading Friday with a nearly 0.5% gain. The leading index in 2017, up 28.2% that year, looks poised to stage a third... Read More
Stocks Mixed As Nike Leads Dow, GE, Apple Weigh; Bitcoin QuietStocks were mixed Friday as a potential Federal shutdown loomed. Nike led the Dow, but General Electric, IBM and Apple weighed. Bitcoin was quiet. SPDR S&P 500 held a 0.3% gain, PowerShares... Read More
Apple Cash Repatriation Could Spur Acquisitions, Investor ReturnsApple shares climbed to a record high on Thursday on news the iPhone maker plans to bring most of its foreign cash stockpile to the U.S. to fund domestic expansion efforts and... Read More
Stock Market Eases As Bitcoin Rebounds; Boeing, GE Weigh On DowModest losses for the major stock indexes Thursday was a perfectly fine performance for the bulls, especially in light of Wednesday's strong gains. Meanwhile, several top-rated growth names outperformed again. The Dow... Read More

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14. IBM Fourth-Quarter Results Top Views, Snap Long Streak Of Revenue DeclinesПт., 19 янв.[−]

IBM ( IBM) reported fourth-quarter results after the market close Thursday that beat on the top and bottom line and snapped a 22-quarter losing streak.

X IBM reported revenue of $22.5 billion, beating the consensus estimate of $22.1 billion and up 4% from the year-ago quarter. That snapped nearly six years worth of quarterly sales declines or no growth, year over year.

IBM reported adjusted earnings of $5.18 per share, beating the consensus estimate of $5.16. That excludes a one-time charge of $5.5 billion associated with the enactment of U.S. tax reform, IBM said.

The company's shares were down 4.7%, near 161, during after-hours trading on the stock market today.

The tech icon's long line of quarterly revenue declines is a result of a wide-ranging turnaround story in which it shed old lines of business and created new ones, in areas such as artificial intelligence, cloud computing, big-data analytics and mobile. IBM collectively refers to the new business operations as "strategic imperatives."

Revenue from strategic imperatives for the year topped $36.5 billion, up 11% from the year-ago period and representing 46% of total revenue.


IBD'S TAKE: IBM shares are up 22% from an August low, climbing the right side of a possible 11-month base pattern. Read IBD's The Big Picture column each day to stay on top of the market direction, a key indicator that lets you know when you can be aggressive and when you should move to the sidelines.


Fourth-quarter cloud revenue increased 30% to $5.5 billion. Cloud revenue over the last 12 months was $17 billion.

"During 2017, we strengthened our position as the leading enterprise cloud provider and established IBM as the blockchain leader for business. Looking ahead, we are uniquely positioned to help clients use data and artificial intelligence to build smarter businesses," said Ginni Rometty, IBM chairman and chief executive, in prepared remarks with the press release.

On Tuesday, IBM announced it teamed up with the world's largest container shipping company, A.P. Moller-Maersk, to provide a new platform for conducting global trade using blockchain technology. Blockchain is the underlying technology used for trading cryptocurrencies such as Bitcoin, and is expected to be used across various industries.

IBM ended the quarter with $12.6 billion of cash on hand.

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15. Chip-Gear Makers Rise On Taiwan Semi Earnings Read-ThroughПт., 19 янв.[−]

An upbeat earnings report from chip foundry Taiwan Semiconductor Manufacturing Co. ( TSM) provided a boost to chip-gear makers, including ASML Holding ( ASML), on Thursday.

X TSMC delivered better-than-expected fourth-quarter results and forecast strong sales growth in 2018, thanks to booming markets like high-performance computing, including artificial intelligence and cryptocurrency mining. Shares ended trading up 3.3% to close at 44.57.

TSMC executives offered bullish comments on deploying extreme ultraviolet lithography systems, "a clear positive for ASML," Evercore ISI analyst C.J. Muse said in a report Thursday.

ASML stock jumped to a record high of 205.58 in intraday trading Thursday. It ended the regular session up 2.1% to 203.36 on the stock market today.

On Wednesday, ASML posted better-than-expected fourth-quarter sales and earnings and gave bullish commentary about the year ahead.

Other chip-gear stocks moving higher Thursday included Electro Scientific Industries ( ESIO), Ichor Holdings ( ICHR) and Ultra Clean Holdings ( UCTT).

Electronic Scientific shares soared by nearly 20% to finish at 26.30. Late Wednesday, the company reported preliminary fiscal third-quarter results. It expects revenue of $106 million to $111 million, compared with Wall Street's consensus of $85 million.


IBD'S TAKE: ASML shares broke out of a cup base with a buy point of 186.47 on Tuesday. For more analysis on ASML, visit the IBD Stock Checkup.


Ichor surged another 6.8% to 32.75. On Wednesday, Ichor gave preliminary fourth-quarter results that topped views, sending its shares up nearly 20% for the day.

Ichor received price target hikes from at least three Wall Street firms on the news: Deutsche Bank, Needham and RBC Capital Markets, all of which have buy ratings on the stock. Needham analyst Edwin Mok was the most bullish of the group, raising his price target to 42 from 36.

And Ultra Clean Holdings charged ahead 7.6% to 26.88.

Cowen analyst Karl Ackerman upgraded Ultra Clean to outperform from market perform and set a price target of 32 on the stock.

The company's outlook for the first half of 2018 "appears unquestionably solid" with potential upside across semiconductors and OLED display manufacturing, he said.

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16. IBM Primed To Do Something It Hasn't Done For The Last Six YearsПт., 19 янв.[−]

When IBM ( IBM) reports fourth-quarter results after the market close Thursday, Wall Street expects the tech icon will do something it hasn't done in six years — report a year-over-year increase in quarterly revenue.

X IBM's quarterly drudgery is the result of a wide-ranging turnaround story in which it shed old lines of business and created new ones in areas such as artificial intelligence, cloud computing, big-data analytics and mobile. IBM collectively refers to the new business operations as "strategic imperatives," a group that generated revenue of $34.9 billion and represented 45% of total IBM sales over the 12-month period ended Sept. 30.

The consensus estimate is for IBM to report fourth-quarter revenue of $22.1 billion, up 1.5% from the year-ago quarter. The consensus estimate on adjusted earnings is $5.16, up 3%.

"It's been an arduous, never ending turnaround story at IBM with patience wearing thin among investors," GBH Insights analyst Daniel Ives wrote in a research note to clients. "But the combination of massive cost cutting, myriad sales force changes, significant investments in artificial intelligence and focus on driving big data, cloud, and analytics sales is starting to resonate with customers."

IBM shares ticked up 0.3% to close at 169.12 on the stock market today.


IBD'S TAKE: IBM shares are up 21% from an August low, climbing the right side of a possible 11-month base pattern. Read IBD's The Big Picture column each day to stay on top of the market direction, a key indicator that lets you know when you can be aggressive and when you should move to the sidelines.


On Tuesday, IBM announced it teamed up with the world's largest container shipping company, A.P. Moller-Maersk, to provide a new platform for conducting global trade using blockchain technology. Blockchain is the underlying technology used for trading cryptocurrencies such as Bitcoin, and is expected to be used across various industries.

"We believe this (blockchain announcement) has significant promise as the companies have been working together for the past couple of years, with active participation from several Fortune 500 companies," KeyBanc Capital Markets analyst Arvind Ramnani wrote in his research note. "This could be one of many joint ventures that IBM establishes across multiple functional areas of blockchain."

IBM shares soared after reporting third-quarter results on Oct. 18 that gave a positive fourth-quarter outlook.

Barclays on Wednesday upgraded IBM to overweight from underweight and raised its price target from 133 to 192, based partly on optimism over IBM's cloud computing operations.

RBC Capital Markets analyst Amit Daryanani has an outperform rating on IBM and price target of 183.

"We think IBM should report a slight upside to both revenue and EPS results vs. consensus," Daryanani wrote.

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17. Salesforce.com Soars, Price Target Hiked On Artificial IntelligenceПт., 19 янв.[−]

Salesforce.com ( CRM) stock hit a all-time high on Thursday as Barclay's raised its price target on the enterprise software maker with a bullish view of its artificial intelligence tools.

Barclays hiked its price target to 127 from 117. Salesforce.com gained 1.6% to close at 111.77 on the stock market today, hitting a new high.

"The combination of its AI capabilities (through Einstein) and the largest CRM (customer relationship management) database in the world (a key input factor for any AI model), will enable salesforce to offer the most powerful system in the space, which enables better pricing and customer retention," said Raimo Lenschow, a Barclays analyst in a report.

Shares in Salesforce.com have jumped nearly 10% in 2018 and are up 47% from a year ago. Salesforce.com has shot up after consolidating in a flat base and is trading above a 109.29 buy point.

San Francisco-based Salesforce.com sells software under a subscription model. Its software helps businesses organize and handle sales operations and customer relationships. Salesforce.com has expanded into marketing, customer services and e-commerce.


IBD'S TAKE: Finding the best stocks to buy can be tricky. That's why Investor's Business Daily makes it easy with educational tools, stock lists, research, Leaderboard and more.


Salesforce.com introduced its "Einstein" AI cloud platform in September 2016. The Einstein tools help salespeople predict which deals are most likely to close based on a company's historical lead and account data.

"Our analysis indicates that the market is entering its third stage and will likely be much more strategic (system of intelligence). Very few vendors will be able to compete on this level, which makes Salesforce.com a much more attractive asset," added Lenschow.

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18. Apple Cash Repatriation Could Spur Acquisitions, Investor ReturnsПт., 19 янв.[−]

Apple ( AAPL) shares climbed to a record high on Thursday on news the iPhone maker plans to bring most of its foreign cash stockpile to the U.S. to fund domestic expansion efforts and possibly increased acquisitions and returns to shareholders.

Apple shares inched up 0.1% to close at 179.26 on the stock market today. In intraday trading, it notched an all-time high of 180.05.

Apple is expected to bring home $245 billion in foreign profits banked overseas to pay for capital expenditures (including a new campus and more data centers), fund U.S. manufacturing deals and create 20,000 new jobs over the next five years. Apple had about $252 billion in overseas cash and marketable securities as of Sept. 30.

Apple anticipates a U.S. tax bill of about $38 billion to bring the foreign cash to the U.S., based on the temporary tax rate of 15.5% on foreign profits. On Wednesday Apple said it plans to contribute more than $350 billion to the U.S. economy over the next five years.

In addition to funding expanded domestic operations, Apple could use the cash windfall for a "higher frequency of small technology acquisitions and more aggressive return of cash to shareholders," Piper Jaffray analyst Michael Olson said in a note to clients.

It is doubtful that Apple will use the cash to make a large acquisition, such as for Netflix ( NFLX) or Tesla ( TSLA), as some analysts have fantasized.

"It would be out of character for Apple to do a large acquisition with the repatriated cash (as has been widely discussed in the media), but we would not be surprised to see an increase in the company's appetite for gobbling up smaller strategic technology businesses," Olson said. "Additionally, the transfer of a significant portion of the company's cash balance to the U.S. could result in more aggressive return of cash to shareholders."

Return of cash to shareholders could take the form of stock buybacks or increased dividends.


IBD'S TAKE: Apple stock has an IBD Composite Rating of 90 out of a best-possible 99. For more analysis on Apple, visit the IBD Stock Checkup.


Apple is unlikely to do any acquisitions costing more than $5 billion, Loup Ventures managing partner Gene Munster said in a blog post. Apple will continue its pattern of doing smaller tuck-in acquisitions of companies with interesting technology, he said.

One possible acquisition that is a bit out of Apple's price range is augmented reality headset startup Magic Leap.

"Magic Leap's AR hardware is a logical acquisition on the heels of Apple's recent (summer of 2017) purchase of SensoMotoric," Munster said. "Magic Leap's last private (funding) round was valued at $5.5 billion, suggesting this deal is slightly more than Apple typically would pay."

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19. How Hospitals Plan To Put Pressure On Generic-Drug MakersПт., 19 янв.[−]

Teva Pharmaceutical ( TEVA) and Mylan ( MYL) were among a group of generic-drug makers hit Thursday after a consortium of hospitals said they would make medicines themselves to circumvent rising drug prices.

X An estimated 300 hospital groups are involved in the effort, which would create a nonprofit company to provide generic medicines to hospitals, according to the New York Times. The goal is to avoid rising drug prices and medicine shortages.

On the stock market today, generic stocks collectively dipped 1.3% after falling 2.7% in earlier trades. Shares of Teva fell 3.6% to close at 20.71, while Mylan lost 0.6% to 46.51. Others that tumbled include Lannett ( LCI), down 4.4% to close at 23.65 while Aclaris Therapeutics ( ACRS) dipped 0.6% to 24.26 and Ani Pharmaceuticals ( ANIP) dove nearly 2% to 69.74.

Hospitals have struggled with shortages of drugs like morphine, sodium bicarbonate and saline. Last April, the Department of Justice served subpoenas to a number of firms, including Pfizer ( PFE) and Baxter ( BAX), relating to a saline shortage in 2013-14.

Drugmakers have been on the political hook for rising prices, particularly those of older, off-patent drugs. Martin Shkreli, former head of Turing Pharmaceutical, drew ire for buying a drug used in AIDS patients and spiking the price to $750 per tablet from $13.50.


IBD'S TAKE: Ani Pharma leads the 17-company generic drugs industry group with an IBD Composite Rating of 96 out of a best-possible 99. That means it outperforms most stocks in terms of key growth metrics. Head to IBD Stock Checkup for a look at other strongly rated drug stocks.


Valeant Pharmaceuticals ( VRX) became a Wall Street superstar before crashing and burning in 2016 and early 2017. Its bought older drugs and then raised prices on them. Valeant stock is up nearly 167% since hitting a bottom in April 2017, though shares dipped 2.6% to 22.10 Thursday.

In 2016, a number of generic-drug makers became the subject of an antitrust investigation into the prices of an antibiotic and a diabetes medicines.

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20. Netgear Stock Continues Winning Streak, Gets Price-Target HikeПт., 19 янв.[−]

Shares of networking equipment maker Netgear ( NTGR) climbed for the seventh straight trading session on Thursday after getting a bullish report from a Wall Street analyst.

Guggenheim analyst Robert Cihra reiterated his buy rating on Netgear and raised his price target to 76 from 66.

Netgear rose 2.1% to 68.70 on the stock market today. Earlier in the session, it hit a record high of 69.25.

Netgear is seeing reaccelerating revenue growth thanks to its Arlo wireless home security cameras and Orbi Wi-Fi routers, Cihra said in a note to clients. Earnings also should get a boost from a lower U.S. tax rate, he said.


IBD'S TAKE: Netgear stock has an IBD Composite Rating of 90, meaning it has outperformed 90% of stocks in key metrics over the past 12 months. For more analysis of Netgear, visit the IBD Stock Checkup.


With new smart home products, Netgear also is in a position to gain recurring revenue by selling value-added subscription services, Cihra said.

Netgear shares have been on a roll since last week's CES consumer electronics show in Las Vegas, where it introduced high-end gear for video gamers and a new network management system for small businesses.

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21. YY Takes Flight As China Stocks Get Price Target IncreasesПт., 19 янв.[−]

China-based YY ( YY) was upgraded to a buy and had its price target doubled Thursday on a view that the provider of a live-streaming video platform continues to move in the right direction.

X Nomura analyst Jialong Shi upgraded YY to buy from neutral and raised his price target to 161 from 80. Shi also issued reports on Vipshop Holdings ( VIPS), Momo ( MOMO) and NetEase ( NTES), each of them China based.

YY provides a mobile video streaming platform with 73 million users, and recently introduced social games. It reported third-quarter results in November that soundly beat estimates, as did its revenue guidance for the fourth quarter.

Since the return of YY's founder, Xueling Li, to the position of chief executive in mid-2017, "YY's whole ecosystem has improved, reflected by solid monthly active users and revenue growth in the past quarters," Shi wrote in a research note to clients.

Earlier this month, YY was initiated with a buy rating at UBS with a price target of 135.

YY shares added 0.8% to close 136.02 on the stock market today.

Shi raised his price target on Vipshop Holdings to 19 from 16.50 and maintained a buy rating. Vipshop shares climbed 3.5% to close at 15.67. The company runs e-commerce sites that focus on discount retailing.


IBD'S TAKE: China-based companies have risen to the international stage and become more appealing to investors as China has become increasingly integrated within global markets and has set its sights on being an innovation leader. Visit IBD's page on the Best Chinese Stocks To Buy And Watch to stay on top of the latest movers and shakers in China.


Shi maintained a buy rating on China-based Momo, with a price target of 40. Momo shares lost 1.9% to finish at 27.41.

Momo, the provider of a mobile-based social networking platform, reported third-quarter results on Nov. 28 that missed expectations.

Shi also maintained a buy rating on gaming company NetEase, with a price target of 428. NetEase shares were down 2%, near 317.55. The video game publisher saw its U.S. shares spike to a record high in November, two days after reporting better-than-expected earnings for the third quarter

Alibaba ( BABA) and other top-rated China stocks took off on Jan. 2, following positive results from a Chinese economic indicator that beat expectations. Alibaba rose 6.5% that day. On Thursday, Alibaba shares were up 0.3% to 184.40.

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22. Why This Biotech Stock Could Outperform Expectations In Lung CancerПт., 19 янв.[−]

AstraZeneca ( AZN) could bring in $3.8 billion in peak sales of immuno-oncology drug Imfinzi, an analyst said Thursday, citing a survey of oncologists who predict its broad use in lung cancer.

X The survey of 51 oncologists suggests broad uptake of Imfinzi in advanced lung cancer patients who can't be treated with surgery. Respondents said they plan to use Imfinzi in 64% of these types of patients, Leerink analyst Seamus Fernandez wrote in a note to clients.

Further, 65% of those surveyed said they have patients they view as treatable with surgery but would be better suited with a round of chemotherapy and radiation followed by Imfinzi therapy. These oncologists expect to treat half of those patients with Imfinzi.

"One physician noted that he has not run into any reimbursement difficulties despite the agent not yet being approved in this setting," Fernandez said. "He would like to see an overall survival benefit, but this has not stopped him from using the agent in the meantime."

Imfinzi is not yet approved to treat lung cancer. In October, the Food and Drug Administration accepted AstraZeneca's application for Imfinzi as a first treatment for advanced lung cancer patients who aren't eligible for surgery. The drug is already approved for use in some bladder cancer patients.

Another physician said Imfinzi could be a potential option for advanced lung cancer patients who can't tolerate a combined round of chemo and radiation, and that there may be a large number of these patients.


IBD'S TAKE: AstraZeneca has an IBD Composite Rating of 57 out of a best-possible 99, meaning it outperforms nearly six in 10 stocks in terms of key growth metrics. Get a look at top-rated drug stocks by visiting IBD Stock Checkup.


Fernandez boosted his forecast on peak global Imfinzi sales to $3.8 billion from $2.3 billion in 2026. Imfinzi represents just 1% of the monthly immuno-oncology market, but sales have been on the rise since a presentation of clinical data in September, he said.

Imfinzi works by blocking an interaction involving the PD-L1 protein in the body that would otherwise prevent an immune response to cancer. It competes against Roche's ( RHHBY) Tecentriq, another PD-L1 inhibitor also approved in bladder cancer.

Dow stock Merck's ( MRK) Keytruda and Bristol-Myers Squibb's ( BMY) Opdivo, known as PD-1 inhibitors, are similar. Oncologists surveyed also are bullish on the uptake of Keytruda in advanced lung cancer.

Oncologists have "a high degree of enthusiasm for combination regimens — particularly those with chemotherapy," Fernandez said. That puts Merck at the forefront. This week, Merck unveiled strong results for its regimen of Keytruda and chemo in lung cancer.

Physicians are also hopeful for a combination of Bristol's Opdivo and its immuno-oncology drug Yervoy. Yervoy is known as a CTLA-4 inhibitor. But, Fernandez noted, they tend to view combos like Bristol's as more toxic than regimens like Merck's Keytruda plus chemo.

At the closing bell on the stock market today, AstraZeneca inched down a penny to 35.07. Merck lost 1.5% to 61.13, as Bristol edged down 2 cents to 61.83. Roche advanced 0.2% to finish at 30.51.

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23. Will 2018 Be The Year Netflix Turns On The Earnings Spigot?Пт., 19 янв.[−]

Internet television leader Netflix ( NFLX) has been investing heavily in recent years to build out its global distribution network and fund original content production at the expense of profits. But this year it could start to show its earnings leverage, a Wall Street analyst predicts.

Netflix's earnings growth will be the next phase of the company's story for investors, GBH Insights analyst Daniel Ives said in a report Tuesday.

"With the company spending major resources over the last two years building out a global distribution arm and customer base in over 100 countries, we believe the fruits of this labor will start to be fully realized in 2018 and beyond," Ives said.

Ives reiterated his rating of "highly attractive" on Netflix stock and raised his price target to 255 from 235.

Netflix stock gained 1.3% to close at 220.33 on the stock market today. It hit an all-time high of 226.07 on Tuesday.

"Our bullish thesis on Netflix is based on our belief that the company's competitive moat, franchise appeal, ability to increase international streaming customers through 2020, and original content build out will translate into robust profitability and growth as the next phase of this story plays out over the coming year," Ives said.


IBD'S TAKE: Netflix stock broke out of an 11-week flat base with a buy point of 204.48 on Jan. 3. For more analysis on Netflix, visit the IBD Stock Checkup.


Growing competition from the likes of Amazon.com ( AMZN), Apple ( AAPL) and Walt Disney ( DIS) remains a major concern, but Netflix has a big head start in subscription video on demand, Ives said.

"While the landscape for original content has become increasingly competitive with new entrants entering the market by the day (Disney/Fox remains a clear competitive worry), we believe Netflix remains in a unique position of strength to grow its content and distribution tentacles over the next 12 to 18 months and thus further build out its massive content and streaming footprint," Ives said.

Netflix is likely to provide more details on its 2018 outlook when it reports fourth-quarter 2017 results after the market close on Monday. Wall Street is modeling Netflix to earn 41 cents a share, up 173% year over year, on sales of $3.26 billion, up 32%, in the December quarter, according to Zacks Investment Research.

For the current quarter, analysts are forecasting Netflix to earn 56 cents a share, up 40%, on sales of $3.52 billion, up 34%, Zacks said. Investors will be closely watching how many new subscribers Netflix added in the fourth quarter. The company set a target of 6.3 million new subscribers for the period.

It ended the September quarter with 109.25 million streaming subscribers worldwide, including 52.77 million in the U.S. and 56.48 million in international markets.

On Thursday, Morgan Stanley analyst Ben Swinburne raised his price target on Netflix to 255 from 235 and reiterated his overweight rating. He predicts continued strong subscriber gains and earnings growth ahead.

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24. Here Are Your 20 Cities Vying For Amazon's New HeadquartersПт., 19 янв.[−]

E-commerce leader Amazon ( AMZN) on Thursday released a list of 20 cities that are candidates for the second corporate headquarters it plans to build, saying it will lead to 50,000 paying jobs and more than $5 billion in investments.

X The 20 candidates were listed in alphabetical order, led off by Atlanta, Austin and Boston and ending with Raleigh, N.C., Northern Virginia and Washington, D.C.

Amazon said it reviewed 238 proposals from across the U.S., Canada, and Mexico to host the new headquarters. Amazon is based in Seattle.

Referred to as Amazon HQ2, the new facility will be a complete headquarters for Amazon, not a satellite office.

"The company plans to invest over $5 billion and grow this second headquarters to accommodate as many as 50,000 high-paying jobs," the Amazon press release said.

In addition, it said, "Amazon HQ2 is expected to create tens of thousands of additional jobs and tens of billions of dollars in additional investment in the surrounding community."

Other cities on the list include Los Angeles, Dallas, Chicago, Miami and New York City and Toronto. Here's the full list.

Amazon shares slipped 0.1% to close at 1,293.32 on the stock market today.


IBD'S TAKE: Amazon is a longtime member of IBD's exclusive list of Leaderboard stocks, which investors can use to track stocks and stay a step ahead of the market. The latest breakout was from a shallow flat base, with the stock currently out of buy range from a 1,213.51 buy point.


In choosing the new location, Amazon said preferences are that it be a metropolitan areas with more than 1 million people, have a "stable and business-friendly environment" and the potential to attract and retain strong technical talent.

Amazon has more than 540,000 employees worldwide.

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25. Comcast Downgraded But Another Analyst Hikes Price Target On BuybackПт., 19 янв.[−]

One analyst downgraded Comcast ( CMCSA) on Thursday while another hiked the cable TV firm's price target but both agree that Comcast's appetite for acquisitions remains a wild card.

X Instinet-Nomura downgraded Comcast to hold and lowered its price target to 42 from 45. MoffettNathanson, though, upped its price target to 52 from 45 on views that the cable TV firm will buy back much more of its own stock.

Shares in Comcast were up 0.4% to close at 41.85 on the stock market today. Comcast has gained about 16% from a year ago.

"After the stock's impressive run, this is at the very high end of Comcast's historical range and implies little scope for further expansion," Jeffrey Kvaal, Instinet-Nomura's analyst, said in a note to clients.

Speculation that Comcast could acquire T-Mobile US ( TMUS) or bigger Verizon Communications ( VZ) has faded but still worries some analysts.

"We believe an acquisition would stretch, though not overwhelm, Comcast's balance sheet and thus may be an overhang," Kvaal added.


IBD'S TAKE: Finding the best stocks to buy can be tricky. That's why Investor's Business Daily makes it easy with educational tools, stock lists, research, Leaderboard and more.


Craig Moffett, analyst at MoffettNathanson, has a different view.

"Unless Comcast does a deal — and we'll cross our fingers that they won't; in fact we believe a deal is quite unlikely — they will have no choice but to buy back stock. And lots of it," he said in his note.

Comcast reports fourth quarter earnings on Jan. 24. The cable TV firm's profit is expected to grow 4% to 47 cents.

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26. Symantec Downgraded, Current Projections Seen As UnachievableПт., 19 янв.[−]

Symantec ( SYMC) fell on Thursday after Jefferies downgraded the computer security software provider on views that guidance will be lowered.

John DiFucci, a Jefferies analyst, downgraded Symantec to neutral and lowered his price target to 23 from 30.

"With near double-digit growth implied for fiscal Q4 and mid-to-high single digit growth guided to thereafter, we believe these numbers will inevitably be lowered," DiFucci said in a note to clients. "While we believe Symantec is well-positioned for secular themes such as vendor consolidation and cloud, we believe current guidance is unachievable and the stock will rerate lower upon investor realization."

Shares in Symantec fell 1% to close at 27.25 on the stock market today.

Mountain View, Calif.-based Symantec reports fiscal third-quarter earnings on Jan. 31. Analysts estimate 38% profit growth to 44 cents and 16% revenue growth to $1.27 billion, including recent acquisitions.


IBD'S TAKE: Finding the best stocks to buy can be tricky. That's why Investor's Business Daily makes it easy with educational tools, stock lists, research, Leaderboard and more.


Symantec has been making acquisitions to spur growth. Symantec acquired Blue Coat Systems in 2016 for $4.65 billion. Symantec also purchased LifeLock, a provider of consumer identity-theft protection services, for $2.3 billion.

Shares in Symantec are roughly flat from a year ago and the stock is trading below its 50-day moving average. Qualys ( QLYS) is the top-rated stock in IBD's Computer Software-Security group, which is ranked No. 116 out of 197 industry groups.

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27. PayPal Price Target Hiked, Strong Economy To Boost Consumer SpendingПт., 19 янв.[−]

PayPal Holdings ( PYPL) will gain from a strengthening U.S. economy, says Jefferies, which hiked its price target on the digital payment processor.

X Analyst Ramsey El-Assal increased his price target on PayPal to 95 from 86. Shares in PayPal edged up a fraction to 82.94 on the stock market today. PayPal stock has doubled from a year ago. Shares are trading just above a buy point of 79.48.

PayPal in November agreed to sell its U.S. consumer credit business to Synchrony Financial for $5.8 billion, freeing up cash for acquisitions or increased stock buybacks.

"We are taking up our price target to $95 (from $86 prior) based primarily on the improved post-loan-sale free cash flow profile and also based on the broad-based strengthening of the macro spending backdrop," said El-Assal in a report.


IBD'S TAKE: Finding the best stocks to buy can be tricky. That's why Investor's Business Daily makes it easy with educational tools, stock lists, research, Leaderboard and more.


The Jefferies analyst also expects PayPal to beat expectations when it reports fourth quarter earnings. PayPal is slated to report earnings on Jan. 31. Analysts estimate 24% profit growth to 52 cents.

"We believe Q4 macro points to modest upside to our revenue/non-GAAP EPS estimates of $3.642.8 billion and 52 cents, respectively, which are about in line with the street," he added.

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28. Taiwan Semiconductor Sees Strong 2018 Sales From Cryptocurrency Mining BoomПт., 19 янв.[−]

Taiwan Semiconductor Manufacturing Co. ( TSM), commonly known as TSMC, on Thursday forecast record sales in 2018 thanks to the ongoing boom in cryptocurrency mining and trading. But its soft outlook for mobile phone chip sales raised questions about major customer Apple ( AAPL) and demand for its latest iPhones.

X TSMC, the main chip supplier for Apple iPhones and iPads, earned 64 cents per U.S. share in the fourth quarter, up 7% year over year, on sales of $9.21 billion, up 12%. Analysts expected 62 cents and $9.15 billion, according to Zacks Investment Research.

"Our fourth quarter business was supported by major mobile product launches and continuing demand for cryptocurrency mining," TSMC Chief Financial Officer Lora Ho said in a news release. "Moving into first quarter 2018, we expect the strong demand for cryptocurrency mining will continue while mobile product seasonality will dampen our business in this quarter."

TSMC forecast first quarter sales of $8.45 billion, based on the midpoint of its guidance, topping projections for $8.24 billion. It did not give a target for earnings per share. Wall Street has been modeling TSMC to earn 56 cents per American depositary receipt, up 4% year over year.

Taiwan Semi's U.S. shares fell 3.3% to close at 44.57 on the stock market today, hitting a new record high.

On Wednesday, TSMC broke out of a seven-week cup-with-handle base with a buy point of 42.67. It ended the day up 2.1% to 43.13, above the entry point. Volume rose 33% above normal, slightly below the 40%-50% minimum you'd like to see on a breakout. Also, the relative strength line, which tracks a stock's performance vs. the S&P 500 index, remained well off recent highs.

Apple shares rose 0.1% to 179.26 after moving back into buy zone on so-so volume and a lagging RS line.


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TSMC expects its sales to rise 10% to 15% in 2018, fueled by demand for processors used in mining digital currencies such as Bitcoin.

"The urge to mine cryptocurrency is very strong, and the incentive, of course, depends on the price of cryptocurrency," TSMC Chairman Morris Chang said on a conference call with analysts, TheStreet reported. "Demand right now or for the last year has been very strong, and we expect it to continue to be strong."

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29. Amazon (AMZN) Stock Quotes, Company News And Chart AnalysisЧт., 18 янв.[−]
X


View AMZN Stock Quote Page
| View AMZN Ratings

Amazon Stock News & Analysis

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30. AI News: Artificial Intelligence Trends And Leading StocksЧт., 18 янв.[−]

Investors beware: there's plenty of buzz around artificial intelligence (AI) as more and more companies say they're using it. In some cases, companies are using older data analytics tools and labeling it as AI for a public relations boost. But identifying companies actually getting material revenue growth from AI can be tricky.

X AI uses computer algorithms to replicate the human ability to learn and make predictions. AI software needs computing power to find patterns and make inferences from large quantities of data. The two most common types of AI tools are called "machine learning" and "deep learning networks."

Nvidia ( NVDA) is one company that can lay claim to AI-driven growth. Internet and tech companies buy its processors for cloud computing. Nvidia's AI chips also are helping guide some self-driving cars in early trials.

Startups are racing to build AI chips for data centers, robotics, smartphones, drones and other devices. Tech giants Apple ( AAPL), Google-parent Alphabet ( GOOGL), Facebook ( FB) and Microsoft ( MSFT) have forged ahead in applying AI software to speech recognition, internet search, and classifying images. Amazon.com's AI prowess spans cloud-computing services and voice-activated home digital assistants.

Then, there are tech companies that embed AI tools in their own products to make them better. Those include video streamer Netflix ( NFLX), payment processor PayPal ( PYPL), Salesforce.com ( CRM) and Facebook.

Customers of tech companies — spanning banks and finance, health care, energy, retail, agriculture and other sectors — are expected to increase spending on AI to get productivity gains or a strategic edge on rivals.

Bookmark this page to stay on top of the latest AI trends and developments.

Artificial Intelligence News

Salesforce.com Soars, Price Target Hiked On Artificial IntelligenceSalesforce.com stock hit a all-time high on Thursday as Barclay's raised its price target on the enterprise software maker with a bullish view of its artificial intelligence tools. Barclays hiked its price... Read More
Apple, Microsoft Fuel Dow To Record; Will Bitcoin Rebound Last?Stocks made new highs Friday as Apple, Boeing and Microsoft boosted the Dow and a Bitcoin play found support. SPDR Dow Jones Industrial Average led with a 0.8% gain, SPDR S&P 500 advanced 0.6%... Read More
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Apple Rises While Bitcoin Dives; Time To Buy Nvidia, AI Stocks?The Dow marked a new record high Thursday as stocks extended early gains and Apple remained on track to end a three-day slide. SPDR Dow Jones Industrial Average, SPDR S&P 500 and PowerShares QQQ... Read More
IBM Holds Patent Lead For 25th Straight Year; Samsung, Intel FollowIBM continued its 25-year run as the U.S. patent leader in 2017, triple the amount of patents they received 10 years ago, said a leading provider of patent data in a report... Read More

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31. Biotech Stocks To Watch And Pharma Industry NewsЧт., 18 янв.[−]

One minute Dow Jones industrial average component Merck ( MRK) might be doing battle with fellow drugmaker Bristol-Myers Squibb ( BMY) over drugs that can ward off cancer.

The next, biotech giants like Amgen ( AMGN) and Sanofi ( SNY) are tussling in court over the fate of cholesterol-busting drugs. Meanwhile, a company like Gilead Sciences ( GILD) might be raked over the coals in Congress for charging $1,000 a day to treat hepatitis.

It's a brave – and contentious – new world for pharmaceutical and biotechnology companies. It's a realm where science is trying to develop landmark medicines that cure cancer, hepatitis and other life-threatening illnesses.

All the while it does a delicate dance with Wall Street and regulators – balancing public health issues with the demands of shareholders. Investors will find it tricky to navigate the sector, as companies can rise and fall at the drop of a hat.

Bookmark this page to stay on top of the latest news in the biopharma sector.

Biotech And Pharma News

This Biotech Stock Rocketed 15% On Rumors Biogen Could Buy ItAcorda Therapeutics rocketed as much as 15% Friday on rumors it could be a takeover target for Biogen as well as a slew of Asian drugmakers. By the closing bell on the... Read More
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S&P 500 Hits High, Apple Brings Back Cash, GE Mulls Split, ASML Leads Chip Rally: Weekly ReviewThe S&P 500 index and other major averages rallied at record highs during the week. ASML, Taiwan Semiconductor and other chip plays surged on earnings. Apple will pay $38 billion in taxes,... Read More
IBD Rating Upgrades: Acorda Therapeutics Shows Improved Technical StrengthAcorda Therapeutics saw a welcome improvement to its Relative Strength (RS) Rating on Friday, with an increase from 69 to 74. This unique rating measures technical performance by showing how a stock's... Read More
Alder Biopharmaceuticals Sees IBD RS Rating Climb To 76Alder Biopharmaceuticals saw a positive improvement to its Relative Strength (RS) Rating on Friday, rising from 69 to 76. This exclusive rating from Investor's Business Daily identifies share price performance with a... Read More
Stocks Showing Market Leadership: Avexis Earns 92 RS RatingAvexis saw a welcome improvement to its Relative Strength (RS) Rating on Friday, with an increase from 89 to 92. This exclusive rating from Investor's Business Daily measures price movement with a... Read More
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32. Chip Stocks To Watch And Semiconductor Industry NewsЧт., 18 янв.[−]

They range from giants like Intel ( INTC), Qualcomm ( QCOM) and Taiwan Semiconductor ( TSM) down to lesser-known names like Qorvo ( QRVO) and Microchip Technology ( MCHP), providing the underpinnings for all types of devices, from giant servers down to smartphones.

X They're the chipmakers that power much of the world's technology, making it possible for loved ones to talk face-to-face from across an ocean or for Wall Street to move billions of dollars in the blink of an eye.

Never has the sector been more competitive, with more than 750 companies vying globally to build the insides of the next hot device or power future megacomputers. Investors will find it tricky to navigate the sector.

Bookmark this page to stay on top of the latest news in chips.

Chip Stocks & Semiconductor Industry News And Analysis

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S&P 500 Hits High, Apple Brings Back Cash, GE Mulls Split, ASML Leads Chip Rally: Weekly ReviewThe S&P 500 index and other major averages rallied at record highs during the week. ASML, Taiwan Semiconductor and other chip plays surged on earnings. Apple will pay $38 billion in taxes,... Read More
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33. Chip-Gear Stocks Rock On Upbeat ASML, Ichor ReportsЧт., 18 янв.[−]

Semiconductor manufacturing equipment suppliers saw their shares jump on Wednesday after positive reports from ASML Holding ( ASML) and Ichor Holdings ( ICHR).

X Dutch lithography gear specialist ASML on Wednesday delivered better-than-expected fourth-quarter results and gave bullish commentary about the year ahead.

Ichor, a provider of fluid delivery subsystems for chipmaking equipment, gave preliminary fourth-quarter results that topped views. Ichor shares soared nearly 20% to close at 30.66 Wednesday.

Fremont, Calif.-based Ichor said it expects to post revenue of $183 million for the fourth quarter when it releases official results on Feb. 7. Analysts were modeling for $180 million, according to Zacks Investment Research.

For the current quarter, Ichor guided to sales of $240 million to $250 million, with the midpoint of $245 million topping the consensus view of $207 million, Zacks said.


IBD'S TAKE: The IBD 50 list of top-performing growth stocks currently includes two chip-gear makers: Applied Materials and Lam Research.


ASML shares jumped nearly 7% to finish at 199.18 on the stock market today. Earlier in the session, ASML hit an all-time high of 201.20.

Other chip-gear makers were on the move Wednesday as well. Applied Materials ( AMAT) surged 5.2% to 57.34, and Lam Research ( LRCX) leapt 7.7% to 205.08.

Elsewhere, MKS Instruments ( MKSI) jumped 5.8% to close at 103.30, and KLA-Tencor ( KLAC) gained 5.4% to 113.49.

And late Wednesday, Electro Scientific Industries ( ESIO) shares took off, soaring by more than 23% past the 27 mark in after-hours action. That followed a 9.5% gain during the regular session to close at 22.01.

Electro Scientific reported preliminary fiscal third-quarter results after the close with revenue expected to reach $106 million to $111 million. Analysts polled by Zacks Investment Research expected sales of $85 million.

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34. Apple To Use Foreign Profits To Fund U.S. Jobs, ManufacturingЧт., 18 янв.[−]

Consumer electronics giant Apple ( AAPL) waved the American flag on Wednesday, pledging to contribute more than $350 billion to the U.S. economy over the next five years.

X In a press release Wednesday, the Cupertino, Calif.-based company announced a new set of investments to build on its commitment to support the U.S. economy and its workforce. Last year, Apple set up a $1 billion Advanced Manufacturing Fund to make component purchases from U.S. companies. Recipients of that funding have included Corning ( GLW) and Finisar ( FNSR).

Apple is expanding its Advanced Manufacturing Fund to $5 billion and plans to create 20,000 new jobs at Apple over the next five years, the company said. Apple already employs 84,000 people in all 50 states.

The tech icon also expects to invest over $30 billion in capital expenditures in the U.S. over the next five years, including the establishment of an Apple campus in a new location. The new campus will initially house technical support for customers. The location for the facility will be announced later this year.

"We believe deeply in the power of American ingenuity, and we are focusing our investments in areas where we can have a direct impact on job creation and job preparedness," Apple Chief Executive Tim Cook said in a written statement. "We have a deep sense of responsibility to give back to our country and the people who help make our success possible."

Apple's new investments add to the company's current pace of spending with domestic suppliers and manufacturers, estimated at $55 billion in 2018. Apple's spending will be aided by the repatriation of billions of dollars in foreign profits, thanks to recent U.S. tax reform.

Apple anticipates making repatriation tax payments of about $38 billion. That implies that Apple will be bringing to the U.S. most of its $252 billion of overseas cash, Wells Fargo analyst Aaron Rakers said in a note to clients.


IBD'S TAKE: Apple stock has an IBD Composite Rating of 90 out of a best-possible 99. For more analysis on Apple, visit the IBD Stock Checkup.


Under legislation approved by U.S. lawmakers in December, U.S. companies may repatriate overseas cash at a 15.5% tax rate compared with the standard 35% rate.

Apple is likely to use some of the repatriated cash to boost its returns to shareholders through increased buybacks and dividends, Rakers said.

"We believe this sets the table for a capital allocation update on the company's upcoming fiscal first-quarter earnings call," scheduled for Feb. 1, he said.

Apple's investments will be focused on three areas: direct employment by Apple, spending and investment with Apple's domestic suppliers and manufacturers, and fueling the app economy which Apple created with iPhone and the App Store.

Over $10 billion of Apple's expanded capital expenditures will be for investments in data centers across the country, the company said. It currently has data centers and co-located facilities in seven states.

Apple shares rose 1.7% to close at 179.10 on the stock market today.

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35. Why This Biotech Stock Is Diving Despite In-Line Liver Cancer ResultsЧт., 18 янв.[−]

Exelixis ( EXEL) plunged Wednesday after Phase 3 data showed its liver cancer drug is comparable to a rival medicine from Bayer ( BAYRY) — slightly below analyst expectations for better results.

X The results were published late Tuesday before the Gastrointestinal Cancer Symposium set to begin Thursday. Exelixis was testing its drug, Cabometyx, as a second treatment in a liver cancer known as hepatocellular carcinoma.

In the trial, called Celestial, Cabometyx hit a median overall survival of 10.2 months vs. 8 months for patients on a placebo. That was below earlier Phase 2 results for 11.5 months. Median progression-free survival was 5.2 months vs. 1.9 months for the placebo.

"We view Cabometyx's Celestial data as being in line though at the low end of investor expectations for median overall survival of 10.8 to 11 months and median progression-free survival of five to six months," RBC analyst Kennen MacKay wrote in a note to clients.

By the closing bell on the stock market today, Exelixis dove 7.3% to close at 27.49, adding to a 2.4% loss from Tuesday.

Exelixis' results aren't far off those for Bayer's Stivarga, which was approved last April to treat the same patients, Leerink analyst Michael Schmidt said in a note to clients.


IBD'S TAKE: Exelixis has an IBD Composite Rating of 86 out of a best-possible 99, meaning it outperforms more than eight in 10 stocks in terms of key growth metrics. Still, it lags other, better-rated biotechs. See those by visiting IBD Stock Checkup.


Stivarga had a median overall survival of 10.6 months vs. 7.8 months for the placebo, and median progression-free survival of 3.1 months vs. 1.5 months for the placebo. Bristol-Myers Squibb's ( BMY) Opdivo outperformed both with median overall survival of 15.6 months.

Bayer shares were down a fraction to finish at 31.80. Bristol climbed 3.2% to close at 61.85.

Cabometyx proved more promising in a subgroup of patients who were previously treated with Nexavar, another Bayer drug. Median overall survival was 11.3 months for Cabometyx vs. 7.2 months for the placebo, in line with Stivarga but below Opdivo, RBC's MacKay said.

In this subgroup of patients, median progression-free survival was 5.5 months with Cabometyx vs. 1.9 months for those treated with a placebo. That topped the expectations of Leerink analyst Schmidt for 3.5 months.

RBC's MacKay called progression-free survival a source of strength for Cabometyx, showing it could be more tolerable than rival drugs. Results were in line with earlier findings.

"Importantly, they are one to two months numerically higher than Stivarga's and Opdivo's experience, indicating potential for longer treatment duration for Cabometyx," he said. "We view these as key differentiating features."

Six Cabometyx patients died vs. one in the placebo group. This was in line with Stivarga's earlier trial. Meanwhile, 16% of patients discontinued Cabometyx treatment due to some adverse effects compared with 25% of Stivarga patients, MacKay said.

"We anticipate that this is likely due to patients on Cabometyx being more effectively managed via dose reductions," he said.

Leerink's Schmidt calls for Cabometyx to grab 50% market share as a second and third treatment in hepatocellular carcinoma. Cabometyx is already approved as a treatment in renal cell carcinoma, a form of kidney cancer.

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36. Qualcomm Details Go-It-Alone Strategy As Broadcom Pursues BuyoutЧт., 18 янв.[−]

Wall Street is giving Qualcomm ( QCOM) positive reviews for its business strategy as it defends itself from a hostile takeover attempt by fellow chipmaker Broadcom ( AVGO).

X Qualcomm received at least four price-target hikes and one stock rating upgrade after the company on Tuesday presented its plan for staying independent.

Qualcomm shares slipped 0.3% to close at 68.02 on the stock market today. Earlier in the session, Qualcomm was up as much as 1% to 68.90. On Tuesday, Qualcomm jumped 4.4% to 68.25. It had been approaching a buy point of 69.38 in a 63-week cup-with-handle base.

Nomura Instinet analyst Romit Shah upgraded Qualcomm stock to buy from neutral and raised his price target to 75 from 58.

"Qualcomm leadership is very smart, but over the last several years, the San Diego-based management team at times has been unassertive and complacent," Shah said in a note to clients. "Now with Broadcom's hostile takeover attempt analogous to a 'gun to the head,' we expect the company to more aggressively focus on driving shareholder value in order to remain a stand-alone franchise."

Potential drivers for the wireless-chip maker include closing its acquisition of NXP Semiconductors ( NXPI) and settling its legal disputes with customer Apple ( AAPL), Shah said.

Qualcomm on Tuesday raised its profit outlook and said it might use funds to buy back stock if its $38 billion bid to acquire NXP fails.

"With tax reform, we are well-positioned to complete a large stock buyback that will deliver essentially the same level of accretion to Qualcomm stockholders as if we had closed NXP," Qualcomm Chief Financial Officer George Davis said in a webcast, according to Reuters. "Our preference is to close NXP, but not at all costs."


IBD'S TAKE: Qualcomm has an IBD Composite Rating of 54 out of a possible 99. For more analysis on Qualcomm, visit the IBD Stock Checkup.


Qualcomm forecast adjusted earnings per share of $6.75 to $7.50 in 2019 on revenue of $35 billion to $37 billion. Wall Street had been modeling for earnings of $3.79 on revenue of $23.59 billion. Qualcomm expects to achieve its new profit target through a $1 billion cost-reduction plan and by resolving current licensing disputes, including with Apple.

"We are encouraged by the new $1 billion cost-reduction program," Canaccord Genuity analyst Michael Walkley said in a report. "We also believe Qualcomm's acquisition of NXP remains on track and will create a company with significant earnings power and cash flow, developing into a clear industry leader in the mobile, Internet of Things, and automotive semiconductor markets backed by the extremely strong combined intellectual-property portfolio of Qualcomm, NXP and Freescale (Motorola)."

Walkley reiterated his buy rating on Qualcomm and raised his price target to 86 from 83.

In addition to Nomura and Canaccord, Qualcomm received stock-price-target increases from Macquarie and Mizuho Securities.

Qualcomm management repeated its assertion that Broadcom's offer substantially undervalues Qualcomm. On Nov. 6, Broadcom offered to buy Qualcomm in a cash-and-stock deal worth $130 billion, including $25 billion of net debt.

Qualcomm on Tuesday urged its investors to reject Broadcom's takeover proposal, which is being put to a shareholder vote for Qualcomm's March 6 annual meeting.

In a statement Tuesday, Broadcom criticized Qualcomm's go-it-alone plan as a "transparent attempt to sell a quick fix" to its shareholders.

Meanwhile, Broadcom reportedly is facing an investigation by the Federal Trade Commission into whether it engaged in anti-competitive tactics in negotiations with customers, the Wall Street Journal reported Wednesday.

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37. Dish Swoons But T-Mobile, Others Gain On Analyst MovesЧт., 18 янв.[−]

Dish Network ( DISH) swooned on an analyst downgrade Wednesday while T-Mobile US ( TMUS) and cell phone tower operators American Tower ( AMT) and SBA Communications ( SBAC) gained on price target hikes.

X Morgan Stanley downgraded satellite TV operator Dish Network to equal-weight and slashed its price target to 55 from 75.

"We see fewer likely buyers of Dish's assets than hoped," analyst Benjamin Swinburne said in a note to clients. "Second and related, the regulatory environment is less favorable to mergers than expected. Third, Dish begins spending on its (wireless) network in 2018."

Shares in Dish Network fell 5.3% to close at 45.45 on the stock market today.

UBS hiked its price target on T-Mobile to 75 from 70 while Barclays upped its price target on the Deutsche Telekom ( DTEGY)-controlled firm to 74 from 65. T-Mobile rose 1.3% to close at 63.76. T-Mobile is still about 8% below a buy point of 68.98.

Barclays increased its price target on American Tower to 159 from 152 while UBS upped its target to 170 from 163.


IBD'S TAKE: Finding the best stocks to buy can be tricky. That's why Investor's Business Daily makes it easy with educational tools, stock lists, research, Leaderboard and more.


Barclays increased its price target on SBA Communications to 178 from 160 while UBS hiked its price target to 190 from 175.

American Tower rose 0.7% to 136.64. SBA Communications added 1% to 161.47.

UBS also hiked its price target on Comcast ( CMCSA), the largest cable TV firm, to 49 from 45. Comcast fell 0.3% to 41.68. Comcast on Tuesday slipped below a technical buy point of 42.28.

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38. Apple Stock Downgraded On 'Lukewarm' iPhone Sales; Shares RiseЧт., 18 янв.[−]

Apple ( AAPL) shares fell Wednesday after a Wall Street analyst said the company is having a "good, not great iPhone cycle."

Longbow Research analyst Shawn Harrison lowered his rating on Apple stock to neutral from buy. He also cut his fiscal 2018 iPhone shipment forecast to 233 million units, from 248 million. Current consensus is for 240 million iPhone units shipped this year, he said.

Harrison also trimmed his full-year target for earnings per share to $11.25 from $11.54. Wall Street's consensus for Apple earnings per share in fiscal 2018 is $11.47.

Apple shares gained 1.7% to close at 179.10 on the stock market today. On Tuesday, Apple stock hit a record high of 179.39, before reversing and ending the day down 0.5% to 176.19.

Consumer reception to the premium-priced iPhone X and the midrange iPhone 8 series handsets has been "lukewarm," Harrison said in a note to clients.

"Our checks now point to mid- to high single-digit fiscal 2018 iPhone shipment growth vs. consensus of 11% growth," he said.

"A tempered iPhone growth outlook should limit stock price appreciation," Harrison said. But the stock should remain above valuation lows thanks to Apple's expanded business base, including services, and the potential for repatriating foreign cash, he said.


IBD'S TAKE: Apple stock has an IBD Composite Rating of 90 out of a best-possible 99. For more analysis on Apple, visit the IBD Stock Checkup.


Meanwhile, Bank of America Merrill Lynch raised its price target on Apple stock to 220 from 180 and reiterated its buy rating.

"We remain bullish on potential for cash repatriation, lower tax rates, and the potential for positive estimate revisions heading into 2019," analyst Wamsi Mohan said in a note to clients. "A smoother iPhone cycle (no boom-bust) should drive increased stability in earnings, commanding a higher multiple."

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39. Chip-Gear Maker ASML Breaks Out On Earnings Beat; Group JumpsЧт., 18 янв.[−]

Shares of ASML Holding ( ASML), a major supplier of semiconductor manufacturing equipment, surged Wednesday on better-than-expected results for the fourth quarter as several customers took early delivery of systems amid the booming chip industry — and others in the sector followed suit.

X ASML stock jumped nearly 7% to close at 199.18 on the stock market today. On Tuesday, ASML broke out of a cup base with a buy point of 186.47, but ended the day below that level at 186.38, up 3%.

Others in the sector also surged, led by Ichor Holdings ( ICHR), which catapulted nearly 20% to finish at 30.66 after offering preliminary fourth-quarter earnings estimates. Lam Research ( LRCX) soared by 7.7% to 205.08 while Applied Materials ( AMAT) jumped 5.2% to 57.34 and KLA Tencor ( KLAC) climbed 5.4% to 113.49.

Dutch-based ASML posted sales of $3.07 billion in U.S. dollars in the December quarter, up 53% year over year and topping its forecast for $2.52 billion. It reported a profit of $770 million, beating the analyst target of $544 million, according to Reuters.

For the first quarter, ASML expects sales of $2.69 billion and a gross profit margin of 47% to 48%. Its gross margin in 2017 was 45%.


IBD'S TAKE: ASML Holding has an IBD Composite Rating of 91, meaning it has outperformed 91% of stocks in key metrics over the past 12 months. But ASML ranks No. 5 out of 34 stocks in IBD's Electronics-Semiconductor Equipment industry group. To see which stocks lead the group, visit the IBD Stock Checkup.


"ASML generated record sales and net income in 2017, helped by a strong fourth quarter," ASML Chief Executive Peter Wennink said in a news release. "Due to industry strength, some customers requested earlier shipments of their lithography systems, which we were able to accommodate. Earlier-than-expected revenue recognition of two extreme ultraviolet systems contributed to the strong performance in the fourth quarter as well."

Wennink was upbeat about the year ahead.

"For 2018 we expect continued solid growth of sales and profitability," he said.

Evercore ISI analyst C.J. Muse reiterated his outperform rating on ASML. He said the company's bookings were "spectacular." ASML said its net bookings were $3.52 billion, well ahead of consensus estimates of about $2.4 billion.

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40. Why Celgene's Rumored Acquisition Of Juno Actually Makes SenseСр., 17 янв.[−]

Celgene ( CELG) could comfortably spend $11 billion to acquire Juno Therapeutics ( JUNO), an analyst said Wednesday as Juno shares soared on rumors the two biotechs could be in merger talks.

X Analysts applauded the potential deal which would make strategic sense for both firms. Juno needs Celgene's size to compete against bigger rivals in treating blood cancers, and Celgene is facing a patent cliff for its blood cancer drug Revlimid, they say.

"While we are rarely fans of high premium takeovers, this deal probably makes sense for Celgene, and won't surprise the company's shareholders," Leerink analyst Geoffrey Porges said in a note to clients.

In midday trading on the stock market today, Juno shares raced to a record high of 70 before ending the day at 69.25, up nearly 52%. Celgene, though, sank 2.7% to finish at 102.02.

A Kite-Like Deal?

Juno and Celgene already partner on a CAR-T program. CAR-T therapies use patients' immune cells to fight against cancer. Under this 2015 deal, Celgene owns 10% of Juno stock, pays some development costs and owns some commercialization rights.

But the duo is facing stiff competition in the CAR-T arena, following Gilead Sciences' ( GILD) nearly $12 billion acquisition of Kite Pharma in October. Now, Gilead and Novartis ( NVS) both have CAR-T drugs approved, meaning Juno is trailing with a potential approval this year.


IBD'S TAKE: Juno has an IBD Composite Rating of 51 out of a best-possible 99, meaning it outperforms 51% of all stocks in terms of key growth metrics. Head to IBD Stock Checkup for a look at better-rated biotech stocks.


Leerink's Porges compared Juno and Kite. Both are CAR-T players working to develop therapies that target the CD19 protein in some tumors. Each claims to have proprietary elements to their constructs and manufacturing processes that will give them an edge.

"They will commercialize similar products for similar indications within 18 months of each other and with approximately similar clinical results," he said. "This suggests to us that they are much more similar than any other two biopharma companies could be."

Juno Trailing Rivals

But Juno faced a setback in March 2017 after five patients died while receiving a CAR-T therapy. Juno has since scrapped that particular therapy and is working on another, but Kite — with Gilead — got to the market first.

Porges suggests Celgene and Juno could settle on a price similar to Gilead's $11.9 billion acquisition of Kite. Juno sees its technology as best-in-class and will argue for a premium. Celgene will argue for a discount, noting Gilead has a first-to-market advantage.

As of Tuesday's close and before acquisition rumors cropped up, Juno had a market cap just north of $5 billion. With Wednesday's stock movement, Juno's market cap rose close to $7.7 billion.

"In the end, Juno will recognize that they are now competing with Novartis and Gilead, and probably need the resources of at least a Celgene to be successful in the market," he said. Neither seems inclined to let the deal fail over "price hubris," he added.

Is Juno The Best?

Juno — like Gilead and Novartis — isn't going to stop at its first CAR-T approval. CAR-T therapies have shown promise in blood cancers, though a number of biopharmas also are looking at their potential use in solid tumors.

Juno looks likely to gain approval later this year for its therapy, JCAR017, to treat diffuse large B-cell lymphoma, an aggressive form of non-Hodgkin lymphoma. Gilead already has a therapy approved there. Novartis is also seeking an approval for this use.

After, Juno will look at other possible uses, including other leukemias and lymphomas, Leerink analyst Michael Schmidt said in a note to clients. In total, he estimates $1.7 billion in U.S. peak sales in 2025, assuming a best-case scenario.

Schmidt expects Juno to capture a third of the market in CAR-T drugs that target the CD19 protein in diffuse large B-cell lymphoma, primary mediastinal B-cell lymphoma, mantle cell lymphoma, chronic lymphocytic leukemia and acute lymphoblastic leukemia.

In the latter indication, Novartis already has an approval. Schmidt also sees Juno getting 17% of the market in multiple myeloma where fellow Celgene partner Bluebird Bio ( BLUE) is working.

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41. AT&T, Apple, Amazon Top Bond Issuers Ahead Of Rising Interest RatesСр., 17 янв.[−]

AT&T ( T), Apple ( APPL), and Amazon.com ( AMZN) were among U.S. companies that added the most debt in 2017 to finance either acquisitions or stock repurchases, says S&P Dow Jones Indices.

Apple, despite having a cash pile estimated to reach $285 billion by the end of 2017, added nearly $27 billion in debt. Apple has stepped up stock repurchases.

AT&T, meanwhile, issued $38 billion in bonds last year, mainly to finance its purchase of Time Warner ( TWX). The Department of Justice, though, has filed suit to block the acquisition.

And Amazon acquired retailer Whole Foods in 2017 for $13.7 billion. Amazon issued $16.9 billion in bonds, also financing its global expansion and cloud computing business.

S&P 500 companies overall issued $775 billion in bonds, the sixth consecutive year of record U.S. corporate bond issuances, says S&P Dow Jones Indices. The companies aimed to take advantage of low interest rates. Inflation is expected to rise in 2018, say some economists, which could hike borrowing costs and interest expenses.


IBD'S TAKE: Finding the best stocks to buy can be tricky. That's why Investor's Business Daily makes it easy with educational tools, stock lists, research, Leaderboard and more.


Also among companies that issued the most bonds were Verizon Communications ( VZ), Broadcom ( AVGO) and Microsoft ( MSFT). Verizon ranked No. 3, issuing $25.6 billion in bonds, Broadcom followed at $17.6 billion and Microsoft was next at $17 billion.

Cable TV firm Comcast ( CMCSA), Oracle ( ORCL) and Qualcomm ( QCOM) also were in the top 10 of bond issuers. Qualcomm has yet to close its purchase of NXP Semiconductors. If that deal falls through, Qualcomm may buy back more stock.

There's speculation Oracle could turn more aggressive in buying software companies in 2018. Comcast's talks with Walt Disney ( DIS) fell through last year, but the cable TV firm issued $10.5 billion in bonds.

Some companies, such as Comcast and Verizon, issued bonds to refinance existing debt on their balance sheet at lower interest rates.

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42. Juno Therapeutics Stock Rockets On Report That Celgene Is In Buyout TalksСр., 17 янв.[−]

Juno Therapeutics ( JUNO) surged 46% in late trading Tuesday on a report that Celgene ( CELG) is in talks to acquire it.

X According to the Wall Street Journal, unnamed sources say Celgene is in talks to buy Juno. The two have long-partnered on cancer treatments including CAR-T drugs that teach the immune system to identify and fight cancer.

The talks could pan out in a deal in the coming weeks, sources say. The potential deal to acquire Juno would come on the heels of Gilead Sciences' ( GILD) nearly $12 billion purchase of CAR-T drugmaker Kite Pharma late last year.

Now, Gilead and Novartis ( NVS) have the only approved CAR-T drugs on market. Juno could follow with a CAR-T drug approval later this year, the company has said. So far, CAR-T drugs look best poised to treat blood cancers. Firms are also looking into using these therapies in solid tumors.

For Gilead, buying Kite helps stem the gap from declining hepatitis C drug sales. For Celgene, buying its longtime partner Juno could give it a leg up as it prepares to lose patient protection for Revlimid, which treats a blood cancer known as multiple myeloma.


IBD'S TAKE: Some hematology focused biotechs have piqued investor interest of late. See what these firms are working on by visiting IBD Industry Themes.


A representative of Juno declined to comment to Investor's Business Daily. Representatives of Celgene didn't immediately return requests for comment.

In after-hours trading on the stock market today, Juno rocketed 46% to 66.35 after closing down 6.5% at 45.60. Celgene sank 1.7% after ending the regular session down 1.1%, at 104.82. Bluebird Bio ( BLUE), a CAR-T company that also partners with Celgene, saw its stock pop 7.3% after hours.

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43. False Leader Apple Loses Buy Point, But This iPhone Chip Stock PopsСр., 17 янв.[−]

Apple ( AAPL) hit a record high Tuesday morning, looking at first glance like a market leader after reclaiming a buy point Friday. But Friday's move had some glaring weaknesses and by Tuesday's close Apple retreated to settle just under its entry area again.

X Meanwhile, iPhone chipmakers such as Broadcom ( AVGO), Skyworks Solutions ( SWKS), Qorvo ( QRVO), which have been market laggards in the past several weeks, hit key resistance Tuesday. But Qualcomm ( QCOM) made a big move.

Apple

On Tuesday, Apple hit a record high of 179.39, but reversed with the market, closing down 0.5% to 176.19, back below the 176.34 flat-base buy point.

Apple rose 1% to 177.09 on Friday, reclaiming the 173.64 entry. That wasn't an especially powerful price gain. Meanwhile, volume was 7% below normal. You want to see trading activity rise at least 40%-50% above average on breakouts and moves into buy zones.

Apple's relative strength line, which tracks a stock's performance vs. the S&P 500 index, is well off recent highs. (The RS line is the blue line in the stock charts below.) Friday's 1% stock move, not much more than the S&P 500's 0.7% advance, did little to change that. You want to see a stock's RS line lead or confirm a breakout or move into a buy area.

Apple's RS line hasn't made headway since early May. Even when Apple briefly broke out on Dec. 18, the stock's RS line was off its prior highs.

Can Apple's move into buy zone work? If the market continues to power ahead, then there's a good chance that Apple's stock will continue to climb. It's also possible that Apple will begin to outperform the S&P 500 significantly again.

Investors should try to focus on stocks that will deliver the strongest gains, while minimizing the risk of losses, especially big losses.

Apple reports earnings on Feb. 1.

Broadcom

Broadcom is currently in a flat base with a 285.78 buy point. Broadcom sank 0.4% to 263.25 after finding resistance at its 50-day moving average. The RS line has fallen to its lowest levels since early July or early May. That reflects a series of flat bases on top of or next to each other without making much headway.


IBD'S TAKE: With the market now in a confirmed rally for 100 days, it can be hard to see who are the true leading stocks and which are in the middle of the pack. See why IBD's relative strength line is so important.


Qualcomm

Qualcomm is an interesting case for two reasons.

First, the wireless chip giant is in a royalties battle with key customer Apple, as well as related legal and regulatory challenges and probes around the world. Those woes helped send the stock crashing from October 2016 to last September.

Second, Broadcom is making a now-hostile bid for Qualcomm, so the latter's shares skyrocketed in November. Since peaking in late November, Qualcomm and Broadcom shares have generally moved in a similar fashion. Then again, so has Skyworks Solutions.

But Qualcomm separated from Broadcom on Tuesday, climbing 4.4% to 68.25 as it laid out its case for staying independent, offering bullish 2019 targets.

Qualcomm is in a huge cup-with-handle base. If you prefer, you can view the handle as a flat base on its own. Either way, the buy point would be 69.38. Shares closed Friday at 65.38, finding support at its fast-rising 50-day line.

Qualcomm's RS line has lagged badly since late Nov. 24, reflecting the stock's underperformance over that time. But the RS did get a nice bounce Tuesday with shares rising and the major averages retreating.

Skyworks Solutions

Skyworks Solutions is in a consolidation essentially next to two prior patterns that had short-lived breakouts. Skyworks has a 117.75 buy point. Shares closed Friday at 101.21, continuing to trade below its 50-day and 200-day line. The 50-day line last week fell below the 200-day, negative technical action known as a bearish cross.

Meanwhile, the RS line peaked in early June and is now just off its lowest levels in a year.

Skyworks found resistance at its 50-day and 200-day moving averages, reversing lower to close off 1.3% at 99.86.

Qorvo

Qorvo, like Skyworks, is in a consolidation next to a pair of bases with breakouts that soon failed. It's also below its 50-day and 200-day moving averages. The RS line is right around the lowest levels in a year after peaking last May.

Qorvo is in a consolidation with an 81.30 buy point, but has a lot of work to do. Qorvo sank 2.45% to 69.30 on Tuesday, finding resistance at its 200-day line.

Other Apple Chipmakers

Analog Devices ( ADI) and Integrated Device Technology ( IDTI), both seen as iPhone X plays, are both in shallow, short cup bases. The RS lines are lagging, though a powerful stock gain could lift these stocks' RS lines above at least a short-term high from their recent pseudo-handles (they are not proper handles). Keep in mind that the RS lines have basically been flat for a year. Integrated Device's earnings have been spotty.

Analog Devices rose 1.2% to 93.10, closing in on a 94.09 entry. Integrated Devices fell 1.7%.

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44. Apple Stock Notches Record High, But Can't Hold GainsСр., 17 янв.[−]

Shares of consumer electronics giant Apple ( AAPL) surged to an all-time high on Tuesday after getting a price-target hike from a Wall Street firm, but the stock gave back those gains on growing concerns about the impact of its iPhone battery controversy.

Apple shares dipped 0.5% to close at 176.19 on the stock market today. Before it reversed, it had climbed 2.3% to a record high of 179.39.

On Monday, RBC Capital Markets analyst Amit Daryanani reiterated his outperform rating on Apple and raised his price target to 200 from 190.

He sees upside for the company from higher average selling prices for iPhones, continued services growth and the potential for share buybacks from U.S. tax reform.

But Apple continues to face fallout from revelations that it slowed the processors on older iPhones to preserve battery life and prevent sudden crashes. The company is facing multiple class-action lawsuits alleging the iPhone processor throttling was a scheme to encourage people to buy new handsets, a claim Apple vehemently denies.


IBD'S TAKE: Apple stock has an IBD Composite Rating of 90 out of a best-possible 99. For more analysis on Apple, visit the IBD Stock Checkup.


Apple is facing at least 40 class-action lawsuits in the U.S. for slowing iPhones, plus an additional five or more cases pending in foreign countries, according to news site Patently Apple.

On Monday, a Chinese consumer group asked Apple for information about the slowing of older iPhones after operating-system updates, Reuters reported. The query from the Shanghai Consumer Council came in response to customer feedback that old iPhones became sluggish after upgrading the software to iOS 10.2.1, it said.

Last month, Apple acknowledged that its software update could slow down iPhones with aging batteries. It apologized for its lack of transparency on the issue and offered discounted battery replacements for customers.

Some analysts have suggested that the $29 battery replacements (down from $79 previously) in older iPhones could reduce new handset purchases because the new batteries will give fresh life to those iPhones.

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45. How This Biotech Stock Could Top Bigger Rivals In Preventing MigrainesСр., 17 янв.[−]

Alder Biopharmaceuticals ( ALDR) could successfully compete with larger rivals Amgen ( AMGN), Eli Lilly ( LLY) and Teva Pharmaceutical ( TEVA) in preventing chronic migraines, a pair of analysts said Tuesday.

X The comments come in the wake of Alder's results last week of a Phase 3 trial in chronic migraines in which more than 60% of patients saw a reduction in days where they're afflicted with migraines. The company also said it resolved a patent dispute over its drug, eptinezumab, with Teva and found $250 million in equity financing.

"Alder is turning things around in 2018," Needham analyst Danielle Brill said in a note to clients. She has a buy rating and a 26 price target on the stock.

Despite the bullish note, Alder toppled 5.3% to close at 16.90 on the stock market today. Shares rocketed 36% over two days after Alder revealed the results of its Phase 3 eptinezumab trial on Jan. 8. The stock broke out of a cup formation at a 13.35 buy point on Jan. 3.

Eptinezumab is being developed as an intravenous treatment to prevent chronic migraines. It belongs to a class of drugs called anti-CGRPs and competes against rival drugs from Amgen, Lilly and Teva.

In the Phase 3 trial, 15% of patients treated with eptinezumab had no migraines for three months. A third of patients achieved a 75% or greater reduction in migraine days from baseline through month three, and 61% saw their migraine days cut in at least half over that time.

"We believe the data also showcased intravenous eptinezumab's differentiated profile," Brill said. "Rapidity of onset, and magnitude of benefit with intravenous eptinezumab were clearly distinguished from subcutaneous (injection) competitors' data."


IBD'S TAKE: Alder stock rose to an IBD Relative Strength Rating of 84 out of a best-possible 99 last week, though has since fallen to a 79. Visit IBD Data Stories for what goes into an RS Rating and what prompted Alder's spike.


A specialist cited by Credit Suisse analyst Vamil Divan prefers the intravenous route for eptinezumab "because it will lead to regular office visits by patients where he can monitor their progress and ensure proper compliance to therapy."

Alder is likely to be fourth to the market with an anti-CGRP, Divan said in a note to clients. Analysts had worried that would put Alder at a disadvantage to its larger rivals. But, like Needham's Brill, Divan sees eptinezumab as differentiated.

Still, Alder and its rivals will face the same insurer obstacles and competition from likely less costly treatments like Allergan's ( AGN) Botox, he said. In the U.S., about 40% of Botox sales come from use in chronic migraines.

"Based on the cost of novel therapies, it is possible payers may push patients to try older (off-label) therapies as well as Botox before patients are given access to CGRP antibodies," Divan said. "But over time we would assume new patients and patients who are not having satisfactory responses to Botox will move over to the CGRP antibodies."

Shares of Teva dove 3% to close at 21.41. Lilly dipped 1.9% to finish at 85.29. Amgen lost was up a fraction to close at 185.54.

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46. Amazon Scores Price-Target Increase, Named Top Large-Cap PickСр., 17 янв.[−]

Amazon ( AMZN) had its price target raised Tuesday on a view that it's in a prime position to benefit from growth in e-commerce trends, cloud computing and digital advertising.

X Oppenheimer analyst Jason Helfstein raised his price target on Amazon to 1,450 from 1,330, a 10% premium from where the stock currently trades. He maintained a rating of outperform and also named Amazon "our top 2018 large-cap pick."

Amazon shares were down marginally to 1,304.86 on the stock market today and hitting a record high.

"All signs point to healthy economic growth in 2018, and we view Amazon as the cleanest play in our large-cap universe on this trend," Helfstein wrote in a research note to analysts.


IBD'S TAKE: Amazon is a longtime member of IBD's exclusive list of Leaderboard stocks, which investors can use to track stocks and stay a step ahead of the market. The latest breakout was from a shallow flat base, with the stock currently out of buy range from a 1,213.51 buy point.


Amazon scored another price target increase last week on a view that the e-commerce leader has significant opportunity to gain additional wallet share from customers. Piper Jaffray analyst Michael Olsen raised his price target in Amazon to 1,400 from 1,200 and maintained a rating of overweight.

Amazon also received a price-target increase last week from Baird analyst Colin Sebastian on confidence it can generate continued strong growth in e-commerce, cloud services, online media and logistics. Sebastian raised his price target on Amazon to 1,310 from 1,100 and maintained a rating of outperform.

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47. Netgear, Nvidia, Universal Display Get Post-CES BounceСр., 17 янв.[−]

The CES consumer electronics show in Las Vegas last week has given a lift to several technology companies, including Netgear ( NTGR), Nvidia ( NVDA) and Universal Display ( OLED).

X Networking gear maker Netgear earned strong marks for its product lineup at CES, which included high-end video gaming gear and smart home gadgets. Graphics-chip maker Nvidia kicked off CES 2018 with a slew of announcements related to autonomous cars and artificial intelligence using its technology.

Universal Display technology was included in a bunch of stunning, giant-screen televisions shown by TV makers at CES. Universal Display is a key supplier of technology and materials for organic light-emitting diode (OLED) displays and lighting.

Netgear shares added 1% to close at 66.05 on the stock market today. Netgear shares rose every day during CES, which ended Friday, climbing 10% for the week.

Nvidia shares lost 1.3% to finish at 220.11 at the close. Universal Display shares were up 0.9% to 198.40.

Mizuho Securities analyst Vijay Rakesh raised his price target on Nvidia stock on Monday to 240 from 225 and reiterated his buy rating.

"Nvidia remains well-positioned in data center (markets) with deep learning and new inferencing platforms," Rakesh said in a report.


IBD'S TAKE: Universal Display is currently ranked No. 2 on the IBD 50 list of top-performing growth stocks.


Cowen analyst Robert Stone raised his price target on Universal Display stock to 225 from 195 and reiterated his outperform rating. Stone gushed about the OLED TVs at CES from LG Electronics, Sony ( SNE) and others.

Meanwhile, Dolby Laboratories ( DLB) received a stock downgrade following CES. B. Riley FBR analyst Eric Wold lowered his rating on Dolby to neutral from buy and cut his price target to 63 from 65.50.

After a recent run in Dolby's stock price, "the onus is now on management to prove the company can monetize" its Dolby Vision and Dolby Atmos video and audio technologies, Wold said in a report Tuesday.

The increase in industry support for HDR10+ as an alternative to Dolby Vision creates some uncertainty for Dolby's offering, he said.

Dolby shares were down 3.4% to 63.11.

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48. These 4 Top Tech Stocks Hit Buy Points, But Only This One Held UpСр., 17 янв.[−]

Investors should be looking for leading stocks breaking out of bullish bases in volume, with their relative strength lines — which track stocks' performance vs. the S&P 500 index — leading or confirming the breakout.

Weibo ( WB), Atlassian ( TEAM), Match Group ( MTCH) and Align Technology ( ALGN) cleared buy points in proper bases Tuesday morning with RS lines that were already right at or close to at least short-term highs. But the stocks pulled back or turned negative with the broader market reversal. Only Weibo is in buy range now.

X Take-Two Software Interactive ( TTWO) also is near a buy point in a proper base with strong RS lines, though it also reversed lower.

Weibo and Align Technology have best-possible 99 Composite Ratings, while Atlassian has a 98 Composite Rating. Match Group and Take-Two Interactive are at a solid 92.

In recent weeks, many stocks have been hit buy points in lackluster volume with RS lines signaling the stock is just keeping pace with or falling behind the fast-rising S&P 500. Some of those breakouts have not fared well.

Weibo

Weibo, a top Chinese short-message social network, cleared a cup-with-handle base with a buy point of 122.31. Shares rose 1.4% to 123.19 in heavy volume on the stock market today after spiking to 128.37 intraday.

Closing near session lows is not great action, but that's better than the general market, which reversed from strong gains to close lower, near the day's worst levels.

Weibo's RS line edged past a short-term peak around the handle and neared the old all-time high on the left side of the consolidation. (The RS line is the blue line in the stock charts below.)

Keep in mind that Weibo broke out of a late-stage base, which are less likely to succeed or be big winners than a first- or second-stage pattern.

Weibo parent Sina ( SINA) has been flirting with a double-bottom base buy point of 113.05, briefly crossing that level Friday. Sina fell 0.9% to 111.97 after climbing to 116.11 intraday. Its RS line is lagging more than Weibo's. Sina's RS line was trading right at very short-term highs.

Atlassian

Atlassian, a collaboration software maker, is in a cup base with a 53.55 buy point, shot up to 55.25 intraday but pulled back to close with a 0.5% gain at 52.82.

The RS line has moved above the short-term high around a pseudo-handle, providing some confirmation of the stock price action. The RS line is still lagging its November highs.

Atlassian reports earnings on Thursday.


IBD'S TAKE: With the market now in a confirmed rally for 100 days, it can be hard to see who are the true leading stocks and which are in the middle of the pack. See why IBD's relative strength line is so important.


Match Group

Match Group, which operates Match.com, Tinder and other dating sites and apps, is in a consolidation with a 32.97 buy point. That's 10 cents off the old intraday high on Nov. 8 following earnings, but the stock closed well below that peak that day. So as Match Group has consolidated and moved toward its old highs, the RS line has actually moved into new-high ground, bullish and uncommon for base-building stocks in the current market uptrend.

Match.com briefly topped the buy point on Jan. 3 but closed lower. Shares ended Friday at 32.64.

Match Group rose to 33.08 intraday but reversed to fall 3.8% at 31.40.

Take-Two Interactive Software

Take-Two Interactive Software fell 2.85% to 113.96 intraday Tuesday, finding some support just above its 50-day line. As a result of Tuesday's action, the video game stock now has a handle for its consolidation, slightly lowering the potential buy point to 120.28.

Take Two's RS line took a hit with Tuesday's sell-off. However, if the stock can break out strongly, the RS line could retake its short-term high around the handle.

Align Technology

Align Technology, which makes the Invisalign transparent braces, tumbled from late November to just before Christmas. Shares have rebounded since then, building the right side of a consolidation with a 266.51 entry. Align rose 2.1% to 263.88 after reaching 268 intraday, briefly clearing that entry point.

Align's RS line is moving higher, though still off its late November peak. It has risen above a very-short-term high. It also helps that the RS line had such outperformance in 2017, as Align was one of the big stock winners of the year.

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49. Dow's Merck Does An About-Face, Releases Cancer Trial ResultsСр., 17 янв.[−]

Dow component Merck ( MRK) surged to a three-month high Tuesday as the company did an about-face and reported strong results for its immuno-oncology and chemotherapy treatments for lung cancer a year ahead of expectations, casting the shares of rivals downward.

X In a trial known as Keynote-189, Merck's Keytruda drug plus chemotherapy was tested as a first treatment in patients with advanced lung cancer, and safety proved consistent with earlier studies, Merck said in a news release. Specific results will be presented at a future medical conference, the company said.

"Keynote-189 showed significant improvement in overall survival and progression-free survival for patients receiving Keytruda in the first-line setting in combination with traditional chemotherapy, compared with those receiving chemotherapy alone," Dr. Roger M. Perlmutter, president of Merck Research Laboratories, said in a written statement.

The news comes just three months after Merck said it would delay unveiling the results of the trial until February 2019. In the October announcement, it added overall survival as a key goal of the trial.

At the time, shares took a 17-month dive. Analysts suggested there could be problems with the Phase 3 trial. But on Tuesday, those concerns were alleviated when Merck said its regimen "significantly improved" overall survival and progression-free survival in advanced lung cancer.

By the closing bell on the stock market today, Merck surged 5.8% to close at 62.07, touching an intraday high last seen before it announced the delay in late October.

The results solidify Merck's status as the leader in the race for market share in first-line advanced lung cancer, Leerink analyst Seamus Fernandez said in a note to clients. There, it competes with Bristol-Myers Squibb ( BMY), Roche ( RHHBY) and AstraZeneca ( AZN).

Roche tested a combination of immuno-oncology drug Tecentriq with chemotherapy and an older cancer drug called Avastin. The regimen doubled the percentage of lung cancer patients who survived a year without disease progression, Roche said in December.


IBD'S TAKE: Merck has an IBD Composite Rating of 37 out of a best-possible 99, meaning it performs in the bottom half of all stocks in terms of key growth metrics, lagging leaders like AbbVie with a CR of 95. Head to IBD Stock Checkup for a look at other strong pharma stocks.


Bristol is also set to unveil the results of a trial of its immuno-oncology drugs Opdivo and Yervoy as a first therapy in advanced lung cancer. AstraZeneca is also testing its immuno-oncology drugs Imfinzi and tremelimumab in the same type of patients.

Shares of Bristol toppled 4.6% to close at 59.92, while Roche dove 3.4% to finish at 30.68. AstraZeneca sloughed off 1.9% to 34.99.

The specific immuno-oncology drugs used in these trials vary. Keytruda and Opdivo are known as PD-1 inhibitors. Evercore analyst Umer Raffat says PD-1 inhibitors plus chemo are now "the bar to beat" for any potential immuno-oncology regimens in development.

Raffat notes Merck's success in Keynote-189 will likely ensure the regimen's approval in Europe. The regimen already has accelerated approval in the U.S. pending confirmatory trials. Keynote-198 results could prompt further use, he said in a note to clients.

"We had picked up feedback from doctors that they wanted to see confirmation of the Phase 2 data before more widespread use," he said. "With this press release out there plus a likely presentation at a medical conference, it makes us more comfortable with the acceleration modeled in consensus on U.S. Keytruda through the balance of the year."

The consensus is modeling $755 million in fourth-quarter sales of Keytruda in the U.S. It sees $824.4 million, $895.3 million, $914.4 million and $1.05 billion in the respective 2018 quarters for U.S. Keytruda sales.

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50. Finisar Downgraded, Ciena Upgraded On Industry Merger SpeculationСр., 17 янв.[−]

The optical component industry is ripe for consolidation, an analyst said Tuesday, and he views Lumentum Holdings ( LITE) and Finisar ( FNSR) as "warming up" to potential acquisitions.

X "Many of the larger companies have raised debt and are better capitalized (including Finisar, Lumentum, Acacia Communications ( ACIA) and Oclaro ( OCLR))," Goldman Sachs analyst Doug Clark said in a note to clients.

Clark went on to say: "We believe that high fragmentation in the market leads to competitive pricing and thereby thin profit margins for the component providers. While we do not believe that any single deal would alleviate these competitive concerns or that any near-term M&A will materialize, we would view an official deal announcement made by any one of the companies in the space as a step in the right direction."

While Finisar looms as a buyer, its near-term profit margin and revenue outlook is difficult, Clark said. He downgraded Finisar to sell.

Shares in Finisar dropped 5.8% to close at 21.43 on the stock market today.

Finisar last week named Michael Hurlston, a former Broadcom senior vice president, as chief executive to replace the retiring Jerry Rawls.


IBD'S TAKE: Finding the best stocks to buy can be tricky. That's why Investor's Business Daily makes it easy with educational tools, stock lists, research, Leaderboard and more.


Clark also upgraded Ciena ( CIEN) to buy from neutral and hiked its price target to 27 from 24. Ciena stock climbed 2.8% to 22.56.

"We view Ciena as a key beneficiary of a more bullish outlook on U.S. carrier (AT&T ( T), Verizon Communications ( VZ)) capital spending, improving competitive environment, and a lower bar of expectations as investors adjust to an environment of decelerating optical market growth," Clark said.

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51. Applied Materials, Lam Research Boosted By Upgrades; ASML Breaks OutСр., 17 янв.[−]

Chip-gear makers Applied Materials ( AMAT) and Lam Research ( LRCX) received upgrades from a Wall Street firm on Tuesday, sending their shares higher. Meanwhile, industry peer ASML Holding ( ASML) blasted higher on a bullish report published Monday.

X Susquehanna Financial Group analyst Mehdi Hosseini upgraded shares of Applied Materials and Lam to positive from neutral. He raised his price target for Applied Materials to 72 from 60 and for Lam to 250 from 200.

Applied Materials shares were up 2% to close at 54.50 on the stock market today. Lam shares gained 1% to finish at 190.39.

Hosseini said he is incrementally more positive on the semiconductor capital equipment market based on indications for "stable spending" through 2020. Applied Materials and Lam are both poised to benefit from continued strength in the memory chip market, he said.

End-market demand drivers include enterprise and cloud computing service providers, such as Alibaba ( BABA) and Amazon ( AMZN), which continue to build out their infrastructures, he said.

Applied Materials also is aided by equipment sales to display manufacturers, such as gear to make next-generation liquid crystal display (LCD) and organic light-emitting diode (OLED) panels, Hosseini said.


IBD'S TAKE: Lam Research is currently ranked No. 42 on the IBD 50 list of top-performing growth stocks.


Hosseini also reiterated his positive rating on ASML, which is scheduled to release its fourth-quarter financial results on Wednesday.

ASML is being driven by a strong product cycle for its extreme ultraviolet lithography (EUV) systems, he said. The Dutch company makes lithography systems used in the fabrication of integrated circuits.

Investment bank Credit Suisse on Monday upgraded ASML to outperform from neutral.

ASML climbed 3.1% to end the regular trading session at 186.38. Earlier in the session, it reached an all-time high of 188.49.

B. Riley FBR analyst Craig Ellis on Tuesday kept his neutral rating on ASML with a price target of 166.

Ellis also issued a positive report on Applied Materials. He reiterated his buy rating and price target of 71 on the stock.

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52. IBM Launches Blockchain Joint Venture With Maersk For Global TradingСр., 17 янв.[−]

IBM ( IBM) has teamed up with the world's largest container shipping company, A.P. Moller-Maersk, to provide a new platform for conducting global trade using blockchain technology.

X Blockchain is the underlying technology used for trading cryptocurrencies such as Bitcoin. The technology also has been used to develop digital applications across financial services, supply chains, health care management, digital rights enforcement and the internet of things.

IBM and Maersk said the aim of the new company will be to offer a digitized platform built on open standards for use by the entire global shipping industry. The technology will provide more transparency and simplicity in the movement of goods across borders and trading zones, the companies said in a press release.

More than $4 trillion in goods are shipped each year, and more than 80% of the goods consumers use daily are carried by the ocean shipping industry, it said.

Blockchain technology works as a shared public ledger, also called a distributed database, which tracks transactions and ensures that the record of those transactions remains transparent and tamper-proof.

IBM and Maersk began a collaboration in June 2016 to build new blockchain and cloud-based technologies. Since then, they said, multiple parties have piloted the platform including DuPont, Dow Chemical, Port Houston and U.S. Customs and Border Protection.


IBD'S TAKE: A wave of venture capital investment is pouring into blockchain technology startups, many of them directly involved in Bitcoin or other cryptocurrencies. But a growing number of blockchain startups aim to harness the technology for a long and list of other purposes in private industry.


IBM is an early investor in blockchain technology and has already worked with more than 400 clients to implement blockchain applications.

IBM and Maersk intend to commercialize and scale their blockchain solutions to a broader group of corporations, many of whom already are exploring ways to use the new platform, including General Motors ( GM) and Procter & Gamble ( PG), to streamline the complex supply chains they operate.

Shares of IBM gained 0.4% to close at 163.85 on the stock market today. IBM is set to report quarterly results after the market close Thursday.

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53. ServiceNow Price Target Hiked, Looks Like Another Salesforce.comСр., 17 янв.[−]

Two analysts hiked their price targets on ServiceNow ( NOW) Tuesday, sending shares in the enterprise software provider up in early trading.

X Credit Suisse upped its price target to 160 from 138. Piper Jaffray increased its price target to 160 from 150.

Brad Zelnick, analyst at Credit Suisse, says ServiceNow is well-positioned in the enterprise market, similar to Salesforce.com's ( CRM) position several years ago, noting its strength in selling software for information technology service management (ITSM), or tools for tracking internal company issues.

"ServiceNow is poised to execute against a massive enterprise digital transformation opportunity, leveraging its strength in ITSM," Zelnick said in a note to clients. "ServiceNow represents a similarly compelling investment opportunity as Salesforce.com did nearly seven years ago."

Alex Zukin, analyst at Piper Jaffray, also is upbeat.


IBD'S TAKE: Finding the best stocks to buy can be tricky. That's why Investor's Business Daily makes it easy with educational tools, stock lists, research, Leaderboard and more.


"Our checks suggest that ServiceNow continues to fire on all cylinders and performed ahead of internal expectations in Q4 driven by strong deal activity across business units and across geographies," Zukin said in his report.

Shares in ServiceNow rose 1.2% to close at 139.79 on the stock market today. The stock has gained 68% the past 12 months.

In addition to ITSM, ServiceNow has expanded into software for human resources, customer service management and security.

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54. Universal Electronics Shifts To Smart Home From TV RemotesПн., 15 янв.[−]

LAS VEGAS — Universal Electronics ( UEIC) is known for its remote controls for TVs and entertainment systems, but increasingly the company wants to be a player in the smart home.

The Santa Ana, Calif.-based company exhibited a broad range of connected home devices at CES 2018. The four-day consumer electronics show ended Friday.

"For the smart home, in the past few years, we've acquired a couple of companies – Ecolink and RCS – that bring other products into our suite," Bob Maling, senior manager of applications engineering for Universal Electronics, told Investor's Business Daily. "You'll see thermostats, motion detection, safety and security systems, smoke alarms and other devices from us."

Much of Universal Electronics' business is through pay-TV service providers like Comcast ( CMCSA), Charter Communications ( CHTR) and Dish Network ( DISH). As cable and telco companies sell and support more smart home devices, Universal Electronics wants to be able to offer them products.


CES 2018: See The Latest Technology Trends & Top Tech Stocks


Last May, Universal Electronics purchased RCS Technology, a maker of energy management and control products for the residential, commercial and hospitality markets.

In May 2015, it acquired Ecolink Intelligent Technology, a maker of wireless sensor and home security products.

Universal Electronics stock has been an underperformer lately. It currently has an IBD Composite Rating of 23, meaning it has been outperformed by 77% of stocks in key metrics over the past 12 months.

Universal Electronics stock hit an all-time high of 80.42 in August 2016. It ended the regular session Friday up 0.2% to 48.55.

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55. Control4 Not Worried About Do-It-Yourself Smart Home GadgetsВс., 14 янв.[−]

LAS VEGAS — There are two types of buyers of smart home devices: those with the technical know-how and time to set up such connected gadgets and those who'd rather pay someone else to do it.

Control4 ( CTRL) plays in the latter camp. It is a leading provider of home automation and control systems. It sells its systems through a network of 5,500 authorized professional installers. It provides a platform for controlling music, video, lighting, temperature, security and other systems.

The smart home was one of the big themes at CES 2018 with companies showing off everything from connected door locks and security cameras to home entertainment systems and smart toilets. The four-day CES technology trade show ended Friday.

"Everything is becoming smart and we're uniquely positioned to be able to orchestrate all of those devices that are coming into the home," Control4 Chief Financial Officer Mark Novakovich told Investor's Business Daily. "What we're not is a $300 DIY (do-it-yourself) solution. We think of our products more as infrastructure for the home, things that people put into their houses and expect to last."

Control4's business can be broken down into four customer segments: luxury, premium, value and basic, he said.

Luxury projects cost $25,000 and above and make up 13% of the projects Control4 does, Novakovich said.

Premium projects cost $10,000 to $25,000 and account for about 33% of Control4's projects.

Value projects cost less than $10,000 and account for 26% or 27% of the company's projects, he said.

The rest of the projects are customers that want to buy remote control hub from an installer. The platform costs $800 and is a building block to getting into home automation, Novakovich said.

Control4 is proud of the fact that it helped develop and broaden the smart home market by making simpler tools for home automation, he said.


CES 2018: See The Latest Technology Trends & Top Tech Stocks


Control4's goals for the year are to continue to grow at a steady pace and look for strategic acquisitions, Novakovich said.

"Our financial strategy has been pretty consistent over the last two years and probably remains the same into next year," he said. "We've seen organic growth in the 10% to 11% range and we think that's sustainable … Then we work to outperform that."

Salt Lake City, Utah-based Control4 also needs to stay innovative and develop new products and systems to sell through its dealer network, he said.

"Because we're profitable and have a strong balance sheet and have cash in the bank, we're in the position to be acquisitive," Novakovich said. "We'll look for acquisitions that allow us to leverage our channel, acquisitions that strengthen our solutions stories and grow in an inorganic way."

On Jan. 3, Control4 announced the acquisition of Austin, Texas-based Ihiji, a provider of remote management services for integrators serving connected home customers.

Last February, it bought Triad Speakers, a maker of advanced audio technology with customizable speaker systems.

Control4 stock is in a seven-week consolidation period after hitting a record high of 35.99 on Nov. 27. It ended the day Friday down 1.2% to 30.50. Control4 is ranked No. 14 on the IBD 50 list of top-performing growth stocks.

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56. Netgear Stock Jumps On Strong CES 2018 ShowingВс., 14 янв.[−]

LAS VEGAS — Networking gear maker Netgear ( NTGR) saw its stock surge to a record high Friday after a strong showing at the CES conference.

At the four-day consumer electronics trade show, which ended Friday, Netgear promoted its expansion into new growth markets, including high-end video gaming gear and smart home products.

Netgear shares rose every day during CES, climbing 10% for the week. On Friday, its shares popped 3.1% to 65.40. Intraday the stock hit an all-time high of 65.55.

Netgear has been on a tear since breaking out of a cup-with-handle base with a buy point of 52 on Dec. 8.

Netgear Chief Executive Patrick Lo told Investor's Business Daily that the company is building ecosystems for its products, which are anchored by mobile apps and cloud computing services. Adding cloud services to its products has given the company a way to stay engaged with customers and sell them value-added services.

"We have always been a single-device box supplier, but starting with Arlo and Orbi (we became) an ecosystem supplier," Lo said. Introduced last year, Arlo home security cameras and Orbi Wi-Fi systems have been "tremendously successful," he said.

At CES 2018, Netgear introduced more products to its ecosystem family: Nighthawk Pro Gaming networking gear and the Insight business network management dashboard.


CES 2018: See The Latest Technology Trends & Top Tech Stocks


At the show, Netgear debuted a Nighthawk router and switch designed to cut lag time and enhance multiplayer game play for serious gamers.

"Over the last five or six years, gaming has gone crazy with esports," Lo said. "Now people are buying gaming chairs, gaming mice, gaming keyboards, gaming headsets, gaming video cards, gaming CPUs, gaming laptops — you name it, they do it. But the fact of the matter is the games are played over the internet. If your router is the choke point, all of this expensive hardware you bought is completely worthless, right? The funny thing is nobody saw that, but we did."

Netgear developed a "true gaming router," Lo said. It can give gamers a competitive advantage with geo filtering to find the nearest dedicated server and the ability to find the best bandwidth and reduce latency, he said.

The San Jose, Calif.-based company also trotted out the Netgear Insight system for remote network monitoring and management. With Netgear's app and cloud web portal, technicians can manage business networks from a single-pane view showing all devices and locations.

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57. GoPro Drone Demise Offers Opportunity For Mota GroupВс., 14 янв.[−]

LAS VEGAS — The news that action-camera maker GoPro ( GPRO) is exiting the drone business was welcomed by rival flying camera maker Mota Group.

"It was music to my ears," Mota Group Chief Executive Michael Faro told Investor's Business Daily at CES 2018, the four-day consumer electronics show, which ended Friday. Mota makes the Lily Next-Gen camera drone, which went on sale late last year.

GoPro announced Jan. 8 that it will leave the drone market after selling its remaining Karma inventory.

"Although Karma reached the No. 2 market position in its price band in 2017, the product faces margin challenges in an extremely competitive aerial market," GoPro said in a news release. "Furthermore, a hostile regulatory environment in Europe and the United States will likely reduce the total addressable market in the years ahead."

Consolidation in the consumer drone market was expected, Mota's Faro said. Today, Chinese drone maker DJI is the clear market share leader.

"In a year or two, I think it will be DJI, Lily and everybody else," Faro said.


CES 2018: See The Latest Technology Trends & Top Tech Stocks


Mota is preparing for initial public offering in the weeks ahead. It hopes to use the proceeds from the IPO for working capital to ramp up production of its Lily drone and other general corporate purposes.

The San Jose, Calif.-based company, which also sells JetJat brand toy drones, is not profitable. In the fiscal year ended June 30, 2017, Mota lost $4.71 million on sales $4.44 million. That compares with a loss of $2.43 million on sales of $3.98 million in the year-earlier period.

Mota's Lily Next-Gen drone starts at $699 for a package that includes two rechargeable batteries. The lightweight drone features flying modes such as "follow me," 360-degree orbit and stable hovering. It also has one-touch take-off, landing and return.

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58. Ride-Hailing Services Could Fuel Dash Cam Sales In U.S.Сб., 13 янв.[−]

LAS VEGAS — Dash cams are a big business in countries like Russia and China, but not so much in the U.S. However, that could change soon.

In foreign countries, drivers use dashboard cameras for security and fraud protection in case they're involved in a collision, Chris Kooistra, senior director of brand partnerships for Cedar Electronics, told Investor's Business Daily at CES 2018. Video from dash cams provides compelling evidence that can determine who's at fault in car accidents, he said.

In Europe, insurance companies offer discounts to vehicle owners who use dash cams. That's not yet the case in the U.S., Kooistra said.

"While insurance companies here don't support these yet, they all accept the footage," he said.

Cedar Electronics brand Cobra sees an opportunity to provide dash cams for ride-sharing services such as Uber and Lyft for safety and security purposes. These cameras have both front- and rear-facing cameras, so they can record what's happening in the car as well as the road ahead, he said.


CES 2018: See The Latest Technology Trends & Top Tech Stocks


The presence of the cameras can provide peace of mind for ride-hailing service drivers and passengers, Kooistra said.

"We believe everybody should have a dash cam," he said.

Automotive navigation device maker Garmin ( GRMN) also was showing of dash cams at CES 2018. The four-day show ended Friday.

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59. Roomba Maker iRobot Wants To Map Homes For Connected DevicesСб., 13 янв.[−]

LAS VEGAS — Roomba robotic vacuum cleaner maker iRobot ( IRBT) believes it has a valuable role to play in the coming age of the smart home.

"There's a lot going on in the smart home and AI. Those are among the big themes" at CES 2018, iRobot CEO Colin Angle told Investor's Business Daily at the consumer electronics show. "And we are a very interesting player in this market because what we're doing solves a lot of the challenges that the smart home folks are struggling with."

The smart home is a giant system that needs to understand where devices are located in order to behave correctly, he said. IRobot's mobile robots are capable of mapping homes to determine which rooms have which connected devices.

"This idea that we're just going to add more connected devices to our home and suddenly magic and nirvana happens is a failed promise," he said. "The importance of organizing the physical data in the home is beginning to be recognized as the missing link and thinking about the home as a robot is a perspective that we're bringing to the conversation."

Bedford, Mass.-based iRobot is developing a trusted relationship with customers that involves letting iRobot learn more about a home's layout in return for its cleaning robots working better, Angle said.

IRobot wants to get to the point where people can say "Go clean my kitchen" and the robot will know where the room is located, he said. The same issue applies for controlling other smart devices throughout the home, such as connected lighting, door locks and thermostats, he said.


CES 2018: See The Latest Technology Trends & Top Tech Stocks


"We have this emerging role in the smart home where we're the Google for physical information in the home," Angle said. He stressed that iRobot would be a trusted service provider for customers and would not sell their home layout and connected device information to third parties.

IRobot currently has an app that can analyze Wi-Fi coverage in homes using its Wi-Fi connected Roombas. It can provide a map showing where wireless signals are strongest and weakest.

"The positioning for iRobot is we're going to be the spatial-understanding people," Angle said. "We're trying to make the home sufficiently self aware to be self configuring and useful ... The emerging AI home dimension is going to play out in a big way over the next two years."

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60. CES 2018 News: The World's Largest Consumer Tech ShowСб., 13 янв.[−]

The massive Consumer Electronics Show (CES), held Jan. 9-12 in Las Vegas, set the tone for the consumer technology industry in 2018 and beyond.

The annual event — the world's largest consumer technology show — attracted more than 3,900 exhibitors and over 170,000 attendees. The show spanned more than 2.75 million square feet, a record for the 51-year-old show.

X Keynote speakers at CES 2018 included Intel ( INTC) Chief Executive Brian Krzanich and Ford Motor ( F) Chief Executive Jim Hackett.

Exhibitors at the show ranged from chipmakers Nvidia ( NVDA) and Qualcomm ( QCOM) to top-name consumer electronics vendors Samsung and Sony ( SNE).

Technologies making a splash at the show included 5G wireless, autonomous cars, artificial intelligence, augmented reality, digital health and connected home devices.

CES isn't open to the general public. It is for buyers and sellers in the consumer technology industry, as well as media, analysts and government officials.

For more information on the show, visit the CES 2018 website.

CES 2018 News

Netgear Stock Continues Winning Streak, Gets Price-Target HikeShares of networking equipment maker Netgear climbed for the seventh straight trading session on Thursday after getting a bullish report from a Wall Street analyst. Guggenheim analyst Robert Cihra reiterated his buy... Read More
Netgear, Nvidia, Universal Display Get Post-CES BounceThe CES consumer electronics show in Las Vegas last week has given a lift to several technology companies, including Netgear, Nvidia and Universal Display. Networking gear maker Netgear earned strong marks for... Read More
Universal Electronics Shifts To Smart Home From TV RemotesLAS VEGAS — Universal Electronics is known for its remote controls for TVs and entertainment systems, but increasingly the company wants to be a player in the smart home. The Santa Ana,... Read More
Control4 Not Worried About Do-It-Yourself Smart Home GadgetsLAS VEGAS — There are two types of buyers of smart home devices: those with the technical know-how and time to set up such connected gadgets and those who'd rather pay someone... Read More
Netgear Stock Jumps On Strong CES 2018 ShowingLAS VEGAS — Networking gear maker Netgear saw its stock surge to a record high Friday after a strong showing at the CES conference. At the four-day consumer electronics trade show, which... Read More
GoPro Drone Demise Offers Opportunity For Mota GroupLAS VEGAS — The news that action-camera maker GoPro is exiting the drone business was welcomed by rival flying camera maker Mota Group. "It was music to my ears," Mota Group Chief... Read More
Ride-Hailing Services Could Fuel Dash Cam Sales In U.S.LAS VEGAS — Dash cams are a big business in countries like Russia and China, but not so much in the U.S. However, that could change soon. In foreign countries, drivers use... Read More

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61. Facebook Tumbles Below Buy Point On News Feed Changes; Why Breakout Was Never 'Meaningful'Сб., 13 янв.[−]

Facebook ( FB) late Thursday announced sweeping changes to its News Feed, aiming to promote "more meaningful social interactions" at the expense of engagement and "relevant" content from publishers and businesses.

X Facebook CEO Mark Zuckerberg in a post conceded that "some measures of engagement may go down."

Shares of Facebook fell 4.5% to close at 179.37 on the stock market today in its heaviest volume since at least July 2016. The stock tumbled below a recent 183.45 flat-base buy point and closed just below its 50-day moving average.

Stifel analyst Scott Devitt downgraded Facebook to hold. "There is too much uncertainty relating to the economic impact of Facebook's pending News Feed changes for us to be comfortable retaining a Buy rating on the stock," he wrote in a Friday research note. "Facebook's response to address its platform run counter to its ability to monetize."

Facebook's News Feed changes may be good news for Twitter ( TWTR), which always relied on news-hungry power users. Twitter shares popped 4.35% to 25.41, hitting a two-year high, helped by an analyst upgrade.

News Feed Changes

Here's what Facebook says will happen with News Feed:

"Because space in News Feed is limited, showing more posts from friends and family and updates that spark conversation means we'll show less public content, including videos and other posts from publishers or businesses.

"As we make these updates, Pages may see their reach, video watch time and referral traffic decrease. The impact will vary from Page to Page, driven by factors including the type of content they produce and how people interact with it. Pages making posts that people generally don't react to or comment on could see the biggest decreases in distribution."

Facebook's Jan. 3 breakout was problematic. The move came on only average volume. Investors should look for stocks breaking out on volume that's at least 40%-50% above normal. Meanwhile, Facebook's relative strength line, which tracks the stock vs. the S&P 500 index, did not confirm the breakout by rising to a new high. Even as the stock edged higher in the next few sessions, the RS line remained below prior peaks.

Facebook's RS line hasn't made much headway since late July, reflecting the stock's in line or slightly lagging performance since then. The RS line crashed Friday to its lowest level since mid-July.

Facebook Usage Survey

Stifel also released the results of a proprietary survey of 1,000 people on Facebook usage trends. Among the key findings: Less than 30% of respondents feel Facebook's overall impact on society is positive. The overwhelming majority thinks that Facebook's News Feed is biased. About two-thirds of those surveyed are worried about how Facebook uses their personal information.

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62. Tech Expert On Top Trend At CES 2018: 'Definitely AI'Сб., 13 янв.[−]

LAS VEGAS — Tech industry expert Tom Coughlin, a senior member of technical professional organization IEEE, told Investor's Business Daily that the top trend at CES this year is "definitely artificial intelligence."

X Indeed, "AI enabled" has been one of the most buzzed-about phrases while walking the show floor, as exhibitors large and small all look to appeal to attendees of the trade show. And while there's a lot to see, many of the products on display will never actually land in consumers' hands.

"That's one of the things I like about this conference, it's that people's imaginations become free," Coughlin told Investor's Business Daily at CES. "Technology enables us to do things that were never possible before. And to some extent you say some of this stuff will never take off. A lot of it won't, but also sometimes you don't know what it is, which one is going to be the one that hits."

Amazon ( AMZN), Google parent Alphabet ( GOOGL), Microsoft ( MSFT) and IBM ( IBM) are just a few of the notable companies making advancements in artificial intelligence.

Watch the video for more details.

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CES 2018 News: The World's Largest Consumer Tech Show

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Micron CEO Sanjay Mehrotra: We Are At 'Sweet Spot' Of Tech Trends At CES

Companion Robots, Mechanical Dogs Grabbing Attention At CES Show


63. This Is How Amazon Vs. Google AI 'Proxy Fight' Could Turn Out: EngadgetСб., 13 янв.[−]

LAS VEGAS — Amazon ( AMZN), Google parent Alphabet ( GOOGL) and other tech giants are currently battling it out for who will become the dominant provider of AI-enabled digital assistant capabilities, and Engadget Executive Editor Dana Wollman likened this to what we saw with mapping and mobile operating systems.

X "Google Maps and Apple Maps used be in sort of a deadlock," Wollman told Investor's Business Daily at CES. "I think Google Maps has clearly won that one. But I think now the race is really still in progress for the best personal assistant. They're all useful in some ways. They're all promising. None of them are perfect."

An endless amount of third-party devices are enabled with Amazon Alexa, Google Home or another service — essentially amounting to a "proxy fight" among the tech giants, according to Wollman. But could we see a single winner in the digital assistant space? Wollman doesn't necessarily think so.

"In assistants, we currently have offerings from Amazon, Google, Microsoft, Apple and Samsung and maybe some others that are just entering the space," she said. "I don't think ultimately there's room for all those companies. So maybe more than one company but definitely not half a dozen."

Watch the video for more details.

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64. AR Glasses: Coming Soon To A Face Near YouСб., 13 янв.[−]

On business trips, Pete Jameson gets odd looks from fellow airplane passengers when he's in his seat typing on a keyboard with no screen to be seen.

X But Jameson is looking at a jumbo-size display, thanks to augmented reality glasses that project images for his eyes only. His headset looks like slightly oversized sunglasses and what he sees is not visible to others.

Jameson is chief operating officer of ODG, one of a host of companies pursuing the emerging market of augmented reality, or AR, glasses.

"I travel all the time and one of the cool-use cases for me personally is the ability to slip on a pair of glasses and wear my tablet," Jameson told Investor's Business Daily. "I can work on a plane with a rollout Bluetooth keyboard and get on Wi-Fi on a plane. Now I have a 100-inch screen that behaves just like my tablet does, that's totally private. Nobody can see what I'm doing."

Today we have information at our fingertips, but tomorrow it could be right at our eyeballs.

That's the promise of augmented reality. Instead of looking back and forth at your smartphone screen for navigation and other situational data, the information would be displayed in your field of vision using AR glasses.

Tech companies big and small are racing to take the lead in this new market, which is poised to be the next generation of mobile computing. Apple ( AAPL), Microsoft ( MSFT) and Google parent Alphabet ( GOOGL) are among the tech heavyweights developing products for this new computing paradigm.

The market for augmented reality glasses currently is focused on niche industrial and enterprise applications. Those applications usually have a compelling return on investment, making the purchase of headsets that cost a few thousand dollars each worthwhile.

AR Glasses: Privacy And Productivity

Commuter privacy and productivity likely will be one of the early consumer uses of AR glasses, said Jameson.

"How many times have you been traveling on a plane and you're trying to hold your mobile phone to see this little thing or you've got a tablet or a laptop and the person next to you looks at what you're doing or watching?" he said.

The nice part about the experience is that the AR glasses wearer is not disconnected from the environment as they would be with virtual reality goggles. With AR headsets, you can still see and hear what's happening around you, he said.

Jameson elicits some raised eyebrows when he's using a wireless keyboard with his AR glasses.

"The looks I get are like, 'Dude, what are you doing?' " he said.

For now though, Apple and Google are taking baby steps in the market by developing AR applications for their mobile operating systems for smartphones and tablets. Instead of overlaying digital information on a person's field of view with glasses, the information is presented over what the smartphone camera sees and is shown on the device's display.

To spur the market, Apple has come out with augmented reality software development tools called ARKit for the iPhone. Google has followed suit with ARCore for Android smartphones.

Adoption Still Low

Still, PricewaterhouseCoopers recently published survey data indicating that AR adoption among enterprises is relatively low at 10%. But 24% of enterprises report interest in investing in AR over the next three years.

By industrial market, automotive shows the most AR interest with 18% reporting investment in the technology today, and 31% planning over the next three years. Health care is another industry interested in AR glasses. Auto industry apps include AR-guided assembly and maintenance, while health care is using AR for graphical overlays in surgery.

Most of the current AR headset makers, including Daqri, Meta, ODG and Vuzix ( VUZI), are focused on enterprise markets because the hardware is expensive, as are the software and services, IDC analyst Tom Mainelli said.

"They can see a clear path forward because companies will pay for this," he told IBD.

Augmented reality was a hot topic of discussion at the CES consumer electronics show, which ran Jan. 9-12 in Las Vegas. Companies like Vuzix, ThirdEye Gen, Skully Technologies and Solos Smart Glasses exhibited AR products at the massive trade show.

One company not at CES was closely watched startup Magic Leap. In December, it previewed its long-awaited AR smart glasses, called Magic Leap One. It expects to begin selling the hardware later this year, but hasn't announced pricing or a release date.

Research firm ARtillry Intelligence predicts that the enterprise market for AR will mushroom from $829 million in 2016 to $47.7 billion in 2021. It sees the consumer AR market surging from $975 million in 2016 to $15.8 billion in 2021.

The enterprise AR market will be fueled by headsets capable of all-day use with a quantifiable return on investment, ARtillry analyst Mike Boland said. He adds consumer AR will be driven by smartphone applications in the near term, then the rumored 2020 launch of Apple's smart glasses could shift the story to headsets.

There will be 505 million AR-compatible smartphones by the end of 2017 and 4.2 billion by 2020, ARtillry predicts. AR apps will help seed the market for the eventual introduction of smart glasses.

'Tweener Tech'

Some useful AR apps for smartphones have emerged such as software for visualizing how furniture would look in your room before you buy it, IDC's Mainelli said.

Still, AR on smartphones is a "tweener tech," he said. "It's not optimum, but it will prove the use case."

Apple CEO Tim Cook told a U.K. newspaper in October that he doesn't think the technology for AR glasses is ready yet. For instance, the field of view for the displays isn't big enough or of good enough quality, he said.

By putting AR capabilities into the iPhone, Apple has created a large addressable market for software developers today, Cook says.

"AR is going to change the way we use technology forever," Cook said on a Nov. 3 conference call with Wall Street analysts. "We're already seeing things that will transform the way you work, play, connect and learn."

For example, AR apps for education let students interact with virtual 3D models of the human body and solar system, he said. In addition to field of view, other challenges for consumer AR glasses include styling, battery life and the user interface.

In work settings, people aren't concerned about what AR glasses look like as long as they help them do their job better, Mainelli said. Commercial users also don't mind hooking their headsets up to an external battery pack or even a notebook computer, he said.

"Style is a big issue," Boland told IBD. "When you are asking someone to put something on their face, it's a large barrier to cross. AR glasses aren't there yet in terms of being small enough and sleek enough."

Google's Difficulties

Google experienced significant pushback several years ago when it introduced its Google Glass wearable heads-up display. The complaint was that Google Glass made people look like cyborgs.

Apple probably will spend the most time on the user interface, which could include voice commands, gestures and wireless hand controllers, Mainelli said.

The first iterations of Apple's AR glasses likely would be sold as peripherals to the iPhone. The glasses would offload processing and cellular connectivity to the iPhone to conserve battery life on the glasses and allow for smaller, lighter frames, Mainelli said.

IDC predicts that shipments of AR headsets will reach 24.6 million units in 2021, up from a mere 162,000 units in 2016. In 2021, 83% of AR headsets will be for commercial applications, with the rest for consumer use, it said.

Enterprise customers are interested in devices that can save them time and money, ODG's Jameson said.

The application getting the most traction now is telepresence, he said. In this application, a worker in the field live-streams video from a camera built into the AR glasses to a remote expert who can help identify and solve problems with equipment. The expert can guide the worker verbally and by using visuals put in the worker's field of view.

Another major enterprise application of AR glasses is assistance. A worker with a pair of AR glasses can identify a piece of equipment using a bar code or wireless beacon and call up maintenance checklists and step-by-step repair instructions and videos.

When AR glasses make the leap to the consumer market, it is doubtful that people will wear them all the time, Jameson said.

"What we're likely to see in the consumer market in the beginning are very purposeful use cases," he said. That includes the commuter privacy example as well as cyclists who want hands-free turn-by-turn directions and other information about what's around them, such as coffee shops, restaurants and ATMs, he added.

"Certainly this is going to be a major category in the next three to five years from a consumer perspective," Jameson said.

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65. Tech Unicorn Dropbox Files Confidentially For Initial Public OfferingСб., 13 янв.[−]

Data- and file-sharing company Dropbox has filed confidentially for an initial public offering in what is likely to be the biggest technology IPO since Snapchat owner Snap ( SNAP) in March.

X Dropbox, a tech unicorn that was valued at $10 billion during a funding round in 2014, is looking to launch the IPO in the first half of this year. Goldman Sachs and JPMorgan are expected to be the lead underwriters, according to a report from Bloomberg.

Annual sales at Dropbox exceed $1 billion, company Chief Executive Drew Houston said in an interview last year. It also has been profitable, excluding interest, taxes, depreciation and amortization.

The number of IPOs jumped 52% in 2017 vs. the year before, driven by successful IPOs from biotech and technology companies and the return of Chinese issuers. Among the IPOs was Snap, a high-profile tech unicorn that came public in March, pricing shares at 17 and raising $3.4 billion. Snap shares lost 3.4% to close at 14.11 on the stock market today.


IBD'S TAKE: IPOs are a seedbed of innovation and can be huge stock winners. They also can reverse quickly. So keep track of IBD's IPO Leaders column. IBD also can help you understand strong IPO bases. Read this Investor's Corner to maximize your chances for success with IPOs.


The unicorn designation applies to companies with a private market valuation above $1 billion.

Dropbox's main competitor is Box ( BOX), which held its IPO in January 2015 and raised $175 million by pricing shares at 14. On Friday, Box shares added 0.5% to 22.25.

Confidential filings are allowed by the U.S. Securities and Exchange Commission, so that young companies can gauge interest among investors before making the filing public.

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66. CES 2018 Boosted These Chip And Technology SuppliersСб., 13 янв.[−]

LAS VEGAS — The giant CES consumer electronics trade show provided a lift to a bunch of component technology providers this week.

Among companies impressing Wall Street analysts at the show this week were Dolby Laboratories ( DLB), Nvidia ( NVDA), ON Semiconductor ( ON) and Synaptics ( SYNA).

Audio and video technology licensing firm Dolby showcased advances in its Dolby Vision and Dolby Atmos products at CES. It also highlighted the momentum in its business by announcing a slew of customer wins, spanning televisions, PCs, Blu-ray Disc players and sound bars.

Dolby stock rose 1.6% to close at 65.34 on the stock market today. In intraday trading Friday, it hit an all-time high of 65.56 after popping 3.3% higher on Thursday.

"We believe 2018 can be another solid year for Dolby's stock given revenue is forecast to reaccelerate and margins expand," William Blair analyst Ralph Schackart said in a report. He rates Dolby stock as outperform.

Graphics-chip maker Nvidia kicked off CES week with a press conference Sunday where it touted its advancements in self-driving cars, artificial intelligence and augmented reality.

Its shares broke out of a cup base with a buy point of 218.77 on Monday. The stock climbed to a record high of 226.27 on Thursday then dipped 0.5% to 222.98 on Friday.

"Nvidia continues to innovate at a pace that is challenging for the competition to keep up," Rosenblatt Securities analyst Hans Mosesmann said in a report. "Nvidia now is in a dominant position in the AI-based self-driving car market with a formidable 'stack' of software, middleware, and hardware."

Mosesmann rates Nvidia stock as buy with a price target of 250.

Consumer technology publisher Digital Trends awarded its " Top Tech of CES 2018" award to Nvidia for the Xavier automotive system-on-a-chip platform, which "puts mass adoption of autonomous vehicles one step closer to reality."


CES 2018: See The Latest Technology Trends & Top Tech Stocks


ON Semiconductor stock jumped to a more than 17-year high Friday of 23.66. It ended the regular trading session up 2.1% to 23.57.

Mizuho Securities analyst Vijay Rakesh on Thursday raised his price target on ON Semi to 26 from 24 and reiterated his buy rating.

ON Semi is showing strong momentum in chips for advanced driver-assistance systems and electric vehicles, Rakesh said. It also is showing nice growth in its USB-C connector chip business, he said.

Device interface maker Synaptics saw its shares surge Friday after getting a bullish report from a Wall Street analyst. Synaptics stock jumped 13.5% to 49.76.

KeyBanc Capital Markets analyst John Vinh upgraded Synaptics to overweight from sector weight and set a price target of 60.

Synaptics is well positioned with in-display fingerprint sensing technology for smartphones, Vinh said. The company's business in microphones for smart speakers also is underappreciated, he said.

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67. Microsoft Gets Price-Target Increase On Strength In Artificial IntelligenceСб., 13 янв.[−]

As its stock hit a record high Friday, Microsoft's ( MSFT) price target was raised on the view that its products and initiatives around artificial intelligence are undervalued.

X KeyBanc Capital Markets analyst Brent Bracelin raised his price target on Microsoft to 106 from 94 and maintained a rating of overweight.

"After meeting with senior leaders at Microsoft who are spearheading new AI products and initiatives, we came away impressed with Microsoft's AI product scope, ambitions to differentiate, and the three-year potential to capitalize on this wide-open market opportunity," Bracelin wrote in a research note to clients.

Microsoft shares climbed 1.7% to close at 89.60 on the stock market today, setting a new closing high.

Bracelin said he met with senior leaders at Microsoft last month and came away "very impressed by Microsoft's AI platform and the traction with embedding and implementing AI services in the enterprise."

Microsoft is battling it out with Google owner Alphabet ( GOOGL) and Amazon ( AMZN) in AI, with all three using the technology in a variety of fields, including personal digital assistants. Amazon incorporates AI into its Echo line of smart speakers, as does Alphabet with its Google Home.


IBD'S TAKE: Microsoft is in buy range and carries an IBD Composite Rating of 91 out of a possible 99. A timing quirk in the tax overhaul that President Trump signed last month may be good news for Microsoft.


Bracelin also raised his estimates on Microsoft share gains in cloud computing, where it's also fighting a battle with Alphabet and Amazon.

"Microsoft has successfully pivoted to become one of the key beneficiaries of a shift to the cloud, digital, and the nascent but emerging wave of artificial intelligence," Bracelin wrote.

Microsoft will report quarterly results after the market close Jan. 31. Analysts will be looking for updates on the impact of new tax legislation, including repatriation of offshore cash. They'll also seek an update on the performance of Microsoft's cloud-computing operation, which has been gaining on market leader Amazon.

Alphabet shares added 1.7% to 1,130.65, also hitting a new closing high. Amazon also set a new closing record, climbing 2.2% to 1,305.20.

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68. Twitter Jumps As Facebook Flops Over Shift In Content StrategyСб., 13 янв.[−]

Shares of Twitter ( TWTR) popped Friday as Facebook ( FB) said it would adjust the flow of content that users see on its website, a move it acknowledged could cause users to spend less time on the social network.

X Whether the Facebook shift in strategy will cause users to spend more time on Twitter and its news-hungry power users instead isn't clear. But analysts expressed concern that Facebook's strategy shift could be an indication that user satisfaction is slipping, raising uncertainty about the impact on Facebook revenue growth.

Twitter shares climbed 4.4% to close at 25.41 on the stock market today and hit a two-year high. BTIG Research's Richard Greenfield raised his price target on Twitter on Friday to 30 from 25, saying the company was in the early stages of a multiyear turnaround.

"The end result has been not just more users of the Twitter platform, but a far more engaged user base coming back more often on a daily basis and spending significantly more time on the platform each day," Greenfield wrote. His report did not make reference to the Facebook news.

Facebook stock fell below a buy point as the changes to the core portion of its website, called News Feed, looks to promote "more meaningful social interactions" but is doing so at the expense of engagement and content from businesses, brands and media.

Shares of Facebook fell 4.5% to finish at 179.37 in massive volume.

Facebook Chief Executive Mark Zuckerberg announced the changes on Facebook late Thursday. He said Facebook users have complained that posts from businesses, brands and media were cluttering the site and "crowding out the personal moments that lead us to connect more with each other."

"Since there's more public content than posts from your friends and family, the balance of what's in News Feed has shifted away from the most important thing Facebook can do — help us connect with each other," Zuckerberg wrote.

He added, "I expect the time people spend on Facebook and some measures of engagement will go down," but that the time spent will be "more valuable."


IBD'S TAKE: Facebook stock tumbled below a recent 183.45 flat-base buy point but is fighting to hold its 50-day moving average after falling initially to 177.40. Facebook this week received positive reports from two Wall Street analysts on Monday, with one calling the social networking giant its " top pick for 2018."


Stifel Nicolaus lowered Facebook to a hold rating from buy.

"There is too much uncertainty relating to the economic impact of Facebook's pending News Feed changes for us to be comfortable retaining a Buy rating on the stock," Stifel said in the report to clients.

RBC Capital Markets analyst Mark Mahaney maintained its outperform rating on Facebook shares and price target of 230.

"We see Facebook's News Feed change as Facebook reacting to greater public scrutiny of its value proposition, and the company is probably reacting to signs of slipping satisfaction among its user base," Mahaney wrote. But he thinks the changes will ultimately be beneficial to Facebook.

"Overall, we do not think this will have any meaningful impact on advertising revenue growth," he wrote.

Piper Jaffray analyst Sam Kemp maintained an overweight rating on Facebook and a price target of 200.

"We see this as the right long-term decision for the platform and, over the near-term, doubt that this will have a material impact for two reasons," Kemp wrote.

One reason is the strength of Instagram, the photo and video-sharing mobile platform that continues to grow. The other is the demonstrated willingness of advertisers to absorb higher ad prices.

Facebook reports fourth-quarter earnings after the market close Jan. 31.

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69. Google Conquers CES With Ubiquitous Marketing For Its Voice AssistantПт., 12 янв.[−]

LAS VEGAS — At the massive CES consumer electronics show this week, Google was practically everywhere, promoting its Google Assistant voice-response technology and other initiatives, a stark contrast to last year's conference when rival Amazon ( AMZN) cunningly took over the trade show with its Alexa voice assistant and Google was largely absent.

X When considering winners and losers at CES 2018, Alphabet's ( GOOGL) Google is a clear winner at the four-day show, which ended Friday. It received positive brand exposure for its "Hey Google" messaging, which is the voice-activation prompt for Google Home smart speakers and other devices. Google wrapped Las Vegas Monorail trains in "Hey Google" advertising, bought large display ads outside the Las Vegas Convention Center and purchased big video screen ads on the Strip and near the convention center.

Google also set up a couple of giant gumball machines where CES attendees could ask the Google Assistant spoken questions and win prizes ranging from "Hey Google" winter caps and tote bags to Google Nest security cameras and Google Home Mini smart speakers. Google also had a large whimsical Google Assistant Playground where it provided tours and briefings on the company's hardware and software offerings. These exhibits were staffed with dozens of bubbly Google representatives dressed in white jumpsuits.

Amazon had a lesser presence at the show, but seemed to match Google on the number of partnership announcements for getting voice controls into third-party products.

Meanwhile, Apple ( AAPL) was a no-show at CES again and missed an opportunity to be part of the conversation about voice assistants and the smart home with its Siri and HomeKit efforts.

The biggest themes of this year's CES were artificial intelligence and the smart or connected home. All the major consumer electronics companies talked up their efforts to add AI to their devices so they are more predictive and helpful for their owners. Smart home discussions centered around voice-command interfaces and individual devices such as security cameras, lighting and thermostats.

Another big topic at CES was the rise of augmented-reality glasses. AR headset maker Vuzix ( VUZI) earned plaudits from tech reviewers for its Vuzix Blade Smart Glasses. For instance, U.K.-based consumer technology news and review site TechRadar named the Vuzix Blade glasses the Best AR on Show at CES 2018.

The Blade glasses feature Amazon Alexa voice controls, so users can ask to play music, hear and display news or weather and more. AR glasses overlay digital information onto a wearer's field of vision.


CES 2018: See The Latest Technology Trends & Top Tech Stocks


Internet television network Netflix ( NFLX) generated a lot of buzz for a booth it sponsored in the Augmented Reality Marketplace at CES. The booth supposedly was for a company called Psychasec, but was really a marketing stunt for Netflix's upcoming science-fiction TV series "Altered Carbon."

The Comic-Con style booth featured actors who discussed technology to achieve immortality. The company told visitors it would sell lab-grown human bodies called "sleeves" into which you could upload your memories and consciousness. At the end of each tour, the exhibit was revealed to be a promotion for the Netflix show.

One of the big losers at CES 2018 was action-camera maker GoPro ( GPRO), which on Monday preannounced weak holiday-quarter sales and said it is exiting the drone business. Observers noted how quiet GoPro's booth at CES was this year as the company's downbeat news cast a pall over the company's exhibit area.

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70. ETF Alert: Three High-Growth FANG Stocks Join AT&T, Verizon In SectorПт., 12 янв.[−]

Three FANG stocks and two telecom giants are now in the same industry sector, a big change relevant for investors in index funds and ETFs.

Dividend-paying AT&T ( T) and Verizon Communications ( VZ), along with high-growth internet stocks Netflix ( NFLX), Facebook ( FB) and Alphabet's ( GOOGL) Google, now belong to the renamed Communications Services sector, S&P Dow Jones Indices and MSCI announced late Thursday.

Amazon.com ( AMZN), also part of the closely-watched tech FANG stocks with Facebook, Netflix and Google, was not added to the Communications Services sector.

Previously called the Telecommunication Services sector, the group has included only phone companies such as AT&T, Verizon and CenturyLink ( CTL). Aside from the internet companies, the new Communications Services sector also includes cable TV firm Comcast ( CMCSA), Dish Network ( DISH), Walt Disney ( DIS), Twitter ( TWTR), and Snap ( SNAP).

S&P Dow Jones Indices and MSCI said in November 2017 that they were planning changes to the Global Industry Classification Standard categories. The changes take effect on Sept. 28. S&P Dow Jones Indices and MSCI say the changes reflect blurring lines between media, internet and telecom companies.


IBD'S TAKE: Finding the best stocks to buy can be tricky. That's why Investor's Business Daily makes it easy with educational tools, stock lists, research, Leaderboard and more.


AT&T is seeking approval to acquire Time Warner ( TWX).

Comcast, Netflix, Disney and Dish are now part of the Consumer Discretionary sector, while Alphabet, Facebook and Snap are currently in the Information Technology sector.

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71. Facebook (FB) Stock Quotes, Company News And Chart AnalysisПт., 12 янв.[−]
X


View FB Stock Quote Page
| View FB Ratings

Facebook Stock News & Analysis

Facebook Getting Closer To Key Technical MeasureThe Relative Strength (RS) Rating for Facebook climbed into a new percentile Friday, as it got a lift from 69 to 72. This exclusive rating from Investor's Business Daily tracks market leadership... Read More
Q4 Earnings Preview: Who Joins Netflix On List Of Stocks Expecting 50%-Plus Growth?With fourth-quarter earnings season underway, now is the time to build your list of the best stocks to watch, with a focus on companies like Netflix, Facebook, 2017 IPO Gardner Denver and leading... Read More
Facebook Tumbles Below Buy Point On News Feed Changes; Why Breakout Was Never 'Meaningful'Facebook late Thursday announced sweeping changes to its News Feed, aiming to promote "more meaningful social interactions" at the expense of engagement and "relevant" content from publishers and businesses. Facebook CEO Mark... Read More
Indexes Cap Week On High Note; Nasdaq's 2018 Gain Now At 5.2%Major stock indexes ended the week on a positive note, with solid gains as Wall Street weighed December retail sales data, consumer inflation data and another solid reading from the IBD/TIPP Economic... Read More
Twitter Jumps As Facebook Flops Over Shift In Content StrategyShares of Twitter popped Friday as Facebook said it would adjust the flow of content that users see on its website, a move it acknowledged could cause users to spend less time... Read More

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72. Micron CEO Sanjay Mehrotra: We Are At 'Sweet Spot' Of Tech Trends At CESПт., 12 янв.[−]

LAS VEGAS — Without the underlying chip technology, the innovations on display at CES could not be made possible. The CEO of Micron ( MU), Sanjay Mehrotra, told Investor's Business Daily that the company is in the "sweet spot" of market trends seen at the consumer tech show.

X Mehrotra said Micron — which launched its newest solid-state drive at CES this week — is addressing "very broad, diversified market segments," including automotive, mobile, data-center, cloud-computing and Internet of Things devices, adding that "many of these trends are integral in terms of Micron's business."

He also said the company is "uniquely positioned" in that it has both Flash and DRAM data-storage product offerings.


CES 2018: See The Latest Technology Trends & Top Tech Stocks


Micron shares have surged nearly 360% from a low in January 2016, and are currently working on a base with a 49.99 buy point. Shares fell 1.1% to 42.82 on the stock market today, finding resistance at their 50-day moving average.

Micron earns an IBD Composite Rating of 94 out of 99. Other notable names in the Computer-Data Storage industry group are Smart Global Holdings ( SGH), NetApp ( NTAP), Carbonite ( CARB) and Pure Storage ( PSTG).

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73. Ericsson CTO Erik Ekudden Gives Inside Look At Making 5G Commercial-ReadyПт., 12 янв.[−]

LAS VEGAS — The implementation of 5G is well underway, and Ericsson ( ERIC) CTO Erik Ekudden spoke to Investor's Business Daily about what it's been like to team up with other industry leaders to work toward the common goal of getting the beefed up mobile network ready for commercial use.

X "Standardization and working with open source, it has this community aspect, that you bring the best minds into a room, into a group, where you say that these are the technology components; how do we make them fit, how do we make a really good global system?" Ekudden told IBD at CES. "It's a fantastic experience to really be able to lead and drive much of the work in standardization together with all our partners."


CES 2018: See The Latest Technology Trends & Top Tech Stocks


Ericsson, along with AT&T ( T), Qualcomm ( QCOM), Sprint ( S), T-Mobile ( TMUS), Verizon ( VZ) and other industry leaders, announced just a few weeks ago that they were able to successfully deploy the first version of the 5G standard.

But it hasn't been easy. Mobile communications companies have been hustling to make the transition to 5G happen.

"(It has been) quite tough I have to say, because we've had a very tight timeline this time," Ekudden said. "Meeting the timeline of having the first version ready already in December of last year was a tough target, so people (are) working really hard. But that's the way it is in standards — you have to be fast, you can't sit around."

Watch the video above for more details.

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74. Companion Robots, Mechanical Dogs Grabbing Attention At CES ShowПт., 12 янв.[−]

LAS VEGAS — Robots on display at the annual CES consumer electronics show usually are built to do household tasks like cleaning floors, but this year's show has seen the emergence of household robots designed to be your friend.

CES 2018 still has a lot of utility robots, like iRobot's ( IRBT) market-leading Roomba vacuum cleaners and rival devices from LG, Black & Decker, and others. The show also has window-cleaning robots, laundry robots and even a bot that picks up tennis balls.

Joining these working bots at CES, though, were a new class of social bots. These whimsical machines are designed to entertain and keep people company, like pets.

For example, Sony ( SNE) is showing off a robot dog called Aibo at CES. When Sony Chief Executive Kazuo Hirai brought an Aibo on stage at the company's CES press conference, it elicited a collective "aww" from the crowd of media and analysts. Aibo currently is available only in Japan and costs the equivalent of $1,780.

"Aibo is an autonomous robot and will quickly become a member of your family," Hirai said. "It's at once a charming companion, but is also a technological feat."

Other social bots include Cloi from LG Electronics, Buddy from Blue Frog Robotics, Kuri from Mayfield Robotics and ElliQ from Intuition Robotics.

On Thursday, a Kuri robot was roaming the Las Vegas Convention Center with a representative from Mayfield Robotics. The 20-inch-tall bot lights up and talks in bleeps and bloops. It also dances, plays music, and responds like a cat or dog to petting. It also can take videos of candid moments in the home. Kuri is available for preorder for $799.

Kuri greets you, interacts with you and can be the "life of the party," said Steve Koenig, senior director of research for the Consumer Technology Association, the owner and sponsor of CES.

ElliQ is designed to keep older adults mentally active and engaged. It suggests activities, reminds them to take their medicines, entertains them, and connects them to family and friends.

Helping to pave the way for social robots is the popularity of smart speakers like Amazon's ( AMZN) Echo and Alphabet's ( GOOGL) Google Home, Koenig said. Those products have made people more comfortable conversing with artificial-intelligence devices, he said.

"Right now, we say 'Alexa, turn on the lights,' but down the line we could have conversations with Alexa," Koenig said. "These conversations could become relationships and lead to companion robots."


75. First Solar Jumps As Coverage Initiated With Buy RatingПт., 12 янв.[−]

Shares of First Solar ( FSLR) jumped Thursday as coverage was initiated on the renewable energy leader with a buy rating.

X The coverage was initiated by Vertical Group, a privately held investment bank based in New York.

Analyst Gordon Johnson, who recently joined Vertical from Axiom Capital, initiated the buy rating, saying the shares are "decidedly" undervalued. Johnson sees the stock "significantly" outperforming peers over the next 12 months, as reported by The Fly.

Shares of First Solar, the largest U.S. maker of solar products, surged 9.5% to close at 76.27 on the stock market today.

The stock has risen about 29% since First Solar reported quarterly results on Dec. 5, providing 2018 guidance that topped consensus estimates. First Solar also provided updates on its Series 6 panel, showing confidence with a long-awaited product rollout that has huge implications for the company.


IBD'S TAKE: The Energy-Solar group is rated No. 2 out of the 197 industries that IBD tracks. Read IBD's The Big Picture column each day to stay on top of the market direction, a key indicator that lets you know when you can be aggressive and when you should move to the sidelines.


In December, Baird analyst Ben Kallo raised First Solar to outperform from neutral and his price target to 82 from 69 in a research note to clients. Kallo said First Solar is his top pick in the sector, due to its strong product pipeline, improvements in efficiency and strong balance sheet.

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76. Artificial Intelligence, 5G Wireless Seen Heralding New Data AgeПт., 12 янв.[−]

LAS VEGAS – While finished products get most of the attention at the annual CES consumer electronics show, "ingredient technologies" are the unsung heroes, setting the stage for exciting new devices and services in the years ahead.

X Two of those "ingredient technologies" being touted at CES 2018 are 5G wireless and artificial intelligence, officials say.

"5G and AI are heralds for the coming data age," said Steve Koenig, senior director of research for the Consumer Technology Association, owner and sponsor of CES, which opened Tuesday and runs through Friday. "CES is going to set the pace for that."

5G boasts fiber-like data speeds, low latency and the ability to support unlimited data plans. It will fuel new services and technologies such as the Internet of Things, augmented reality, autonomous vehicles and smart cities.

With today's 4G wireless networks, consumers can download a two-hour movie in 6 minutes. With 5G that will take 3.6 seconds, Koenig said, going at speeds of 10 gigabits per second vs. 100 megabits per second with 4G.

Wireless operators such as AT&T ( T), Verizon ( VZ) and China Mobile ( CHL) are beginning to deploy 5G networks. Wireless-communications chip maker Qualcomm ( QCOM) is using CES to boast about its 5G expertise. Qualcomm shares were up fractionally Thursday to 65.43.

Qualcomm is well positioned to continue its dominance in wireless chips because of the increasing complexity of mobile radio frequency chips and its ability to support numerous RF bands in devices, Qualcomm President Cristiano Amon said at a media briefing Monday. 5G will see an order of magnitude increase in combinations of wireless frequency bands vs. the current 4G standard, he said.

"5G is a great, exciting opportunity because it is going to be a reality sooner than everybody thought," Amon said. "We are going to get 5G into a smartphone as early as 2019."

At CES, Qualcomm announced a series of RF front-end chip design wins with Alphabet's ( GOOGL) Google, HTC, LG, Samsung and Sony ( SNE) for new flagship smartphones.

Artificial intelligence is another ingredient technology showing up in more products at CES 2018. Devices infused with AI have the ability to anticipate a person's needs based on their past behavior and preferences.

Consumer electronics vendors Samsung and LG Electronics announced plans at CES to add intelligence to all of their devices, from TVs to household appliances.

Nvidia ( NVDA) is promoting its graphics processing units for AI computing at CES. Speaking at a press event Sunday, Nvidia Chief Executive Jensen Huang said the technology is going to "revolutionize" many industries. Already AI is enabling software to write software and is playing a critical role in self-driving cars, image and speech recognition and other areas, Huang said.


77. Cheetah Mobile Off To Fast Start After Adding 58.com Founder To BoardПт., 12 янв.[−]

China's Cheetah Mobile ( CMCM) is off to a fast start in 2018 after shaking up its board of directors late last year and adding Microsoft's ( MSFT) voice-activated digital assistant to a mobile app.

New York-listed shares in Cheetah Mobile soared by 11.2% Thursday to close at 16.94 on the stock market today, continuing its run-up.

Cheetah Mobile on Dec. 28 added Michael Yao, chairman and chief executive of internet content firm 58.com ( WUBA) to its board. Cheetah Mobile also named Michael Zuo of investment firm Matrix Partners to its board.

Shares in 58.com, the so-called Craigslist of China, have surged 173% the past 12 months, though they retreated 1.7% to 81.87. 58.com is China's largest online market place for classifieds.

Cheetah Mobile owns the Clean Master utility app for smartphones that use Google's Android software. Cheetah Mobile in early December added Microsoft's Cortana digital assistant tool to its CM Launcher app for Android. Analysts say it's the first time Microsoft's artificial intelligence technology has been deployed in an Android launcher app.


IBD'S TAKE: Cheetah shares are extended after breaking out Jan. 4 from a cup-with-handle base that formed over the course of 201 days. Shares now are up 35% over their pivot point. The stock's Relative Strength rating from IBD now stands at 96 out of a possible 99 and the company is ranked fifth in the Computer Software-Security Group.


Cheetah Mobile stock has been in the doldrums since hitting a high of 33.75 in June 2015. Cheetah Mobile had been beset by a slowdown in revenues from its utility apps while margins were affected by investment in content driven products, said a recent Instinet-Nomura report.

Cheetah Mobile in November sold its News Republic assets to Toutiao, a leading news aggregation platform. Beijing Bytedance Technology, which owns Toutiao, invested in Cheetah Mobile's live streaming platform.

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78. Apple, Microsoft May Get Big Tax Break — For Having Unusual CalendarsЧт., 11 янв.[−]

Companies that stockpiled trillions of dollars offshore free of U.S. income tax may get one last break before paying up — provided their fiscal years don't follow the calendar year.

X A timing quirk in the tax overhaul that President Trump signed last month may be good news for companies such as Apple ( AAPL), Microsoft ( MSFT) and Cisco Systems ( CSCO), all of which began their fiscal years before Jan. 1. Firms including Alphabet ( GOOGL), Amgen ( AMGN) and General Electric ( GE) — with fiscal years that began on Jan. 1 — appear to be shut out of the benefit.

Apple alone, which disclosed an offshore cash hoard of $252 billion as of Sept. 30, may be able to lop more than $4 billion off a future tax bill, according to Stephen Shay, a tax and business law professor at Harvard Law School who wrote about what he called the "potential loophole" last month. He characterized the boon as a side effect of the speed with which congressional Republicans passed their tax bill.

"This bill was passed on a speed train schedule with no time to think," said Shay, who was a senior Treasury Department official during the administrations of former presidents Barack Obama and Ronald Reagan. It's up to Treasury and the Internal Revenue Service to create rules to prevent companies from taking advantage, he said.

In passing the most extensive tax-code revisions since 1986, Congress scrapped the previous international tax system for corporations — an unusual arrangement that allowed companies to defer U.S. income taxes on foreign earnings until they returned the income to the U.S. That "deferral" provision led companies to stockpile an estimated $3.1 trillion offshore.

Two-Tiered System

In switching to a new system that's designed to focus on domestic economic activity, congressional tax writers also imposed a two-tiered levy on all that accumulated foreign income: Cash will be taxed at 15.5%, less liquid assets at 8%. Companies can pay over eight years.

The timing issue that Shay surfaced stems from a provision that, in effect, gives a company until the end of its fiscal year to measure what's cash and what isn't for tax purposes. Consequently, companies that began new fiscal years before Jan. 1 get an extra chance to reduce foreign cash they'll accumulate this year — which they can do by distributing cash dividends to their U.S. parents before tallying up what's left to be taxed, Shay wrote.

Under separate changes that took effect Jan. 1, any such dividends would be tax-free in the U.S., he noted.

The law actually specifies two dates that companies should use in tallying their offshore cash piles — and they have to pay the 15.5% rate on whichever tally is larger. The options: The two-year average of foreign cash as of Nov. 2, the date the House introduced its tax bill; or the end of the firm's current fiscal year — if it began before Jan. 1.

Here's how Shay said it could work for Apple, which began its fiscal year on Oct. 1: Under the Nov. 2 formula, the company's two-year average offshore cash stash was $234 billion. Shay said Apple's historical earnings suggest that figure could grow to $289 billion by Sept. 30, when its year ends.

7.5 Percentage Points

Therefore, Shay said, if Apple's foreign subsidiaries operate on the same fiscal year, they could distribute as much $55 billion to their parent, taking the overseas cash total down to match the Nov. 2 number. And because there's a 7.5 percentage-point difference in the two tax rates, the company's tax savings thanks to the distribution could amount to $4.1 billion, he said.

A spokesperson for Apple didn't respond to requests for comment; nor did spokespersons for Cisco and Alphabet. Spokespersons for Microsoft, Oracle, Amgen and GE declined to comment.

The IRS didn't respond to a request for comment. One line in the tax bill says that if federal officials determine that a company has shifted cash or cash equivalents into other assets with "a principal purpose" of trying to reduce their tax bills, the transaction will be disregarded. But Shay said that line isn't enough to prevent abuse, and the IRS should produce detailed, concrete guidance for companies.

As it stands now, if companies use the strategy to try to reduce their tax bills, it would be up to the IRS to challenge the move — and then see whether its position holds up in court, said Eric Solomon, a co-director of the national tax practice at Ernst & Young LLP.

Overall, multinational corporations — including those that don't have the fiscal year advantage — are weighing different ways to mitigate the effects of the repatriation provision, said Solomon, who was a top Treasury tax official in former President George W. Bush's administration.

Seeking Balance

Republican tax writers — who cut tax rates for businesses and individuals — sought to balance the cuts partly with hundreds of billions of dollars from companies paying levies on their stockpiles of offshore earnings. Setting the rates at 15.5% and 8% would generate almost $340 billion in revenue over a decade, according to estimates by the Joint Committee on Taxation, Congress' official scorekeeper.

"Practitioners have all been going crazy trying to figure out how to determine and potentially minimize the transition tax burden," said Itai Grinberg, an international tax law professor at Georgetown University Law Center.

The IRS issued some guidance on Dec. 29, but companies are still awaiting additional details on many "pressing questions" related to offshore earnings, Solomon said.

One major question: How cash and cash-equivalents will be defined. Treasury Secretary Steven Mnuchin has the authority to write new rules specifying which assets he identifies as being economically equivalent to cash. The IRS said in its notice that commercial paper, foreign currency, certificates of deposit and governmental and state securities would all be considered cash and taxed at the 15.5% rate.

The tax bill's international provisions "were put out in a rush," and the IRS notice "is prime evidence of this and probably a bellwether for other problems to come," said Chris Sanchirico, a tax law professor at the University of Pennsylvania Law School.

"Are there planning opportunities?" said Sanchirico. "Yes, most likely."


79. 'It's Going To Be A Bloody Battle': Tubi TV CEO On Streaming WarsЧт., 11 янв.[−]

The streaming wars are about to hit fever pitch, with Disney ( DIS) launching a standalone service in 2019 and the major players pouring more money into original content.

X Free streaming platform Tubi, which boasts a bigger content library than Netflix ( NFLX), is looking to capture viewers' attention in that increasingly crowded market.

"Think about it — the average household is going to have access to Netflix and Amazon ( AMZN) and Hulu, now Disney and potentially ESPN" and more, said Tubi founder and CEO Farhad Massoudi in a sit-down with Investor's Business Daily at CES 2018.


CES 2018: See The Latest Technology Trends & Top Tech Stocks


"It's going to be a heated competition," he said. "It's unlikely an average household is going to have more than one or maybe two subscription services, so it's going to be a bloody battle."

Watch the embedded video for more.

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80. Amazon Seeks 'Star Trek' Level Conversations For Alexa AssistantЧт., 11 янв.[−]

LAS VEGAS – Amazon ( AMZN) wants users of its Alexa voice interface technology to do more than ask simple questions about the weather and traffic or give basic commands to play music and control the lights. It wants users to have conversations with Alexa.

X That's the message David Isbitski, Amazon's chief evangelist for Alexa and Echo, delivered to a standing-room-only session Wednesday at CES 2018, the giant consumer technology trade show that started Tuesday and runs through Friday.

The goal is for people to have conversations with Amazon Echo smart speakers and other devices like they're on "Star Trek," chatting with the computer, Isbitski said. It's a concept he called "ambient computing."

"We're living in that future now where we can talk to technology like human beings," he said at a forum that kicked off two days of Amazon Alexa educational sessions for consumer tech firms at CES.

Amazon shares inched up 0.1% Wednesday to end the regular trading session at 1,254.33, an all-time closing high.

Scores of companies at CES announced that they are integrating Alexa voice controls in products ranging from lighting, thermostats and door locks to refrigerators and cars.

Rival Google, a unit of Alphabet ( GOOGL), also is at the show, pushing hard to get its Google Assistant voice technology integrated into as many devices as possible. Google wrapped the Las Vegas Monorail trains with its "Hey, Google" voice prompt message and bought video advertisements on the Las Vegas Strip at the Fashion Show Mall.


IBD'S TAKE: Amazon broke back into buy territory last week. Shares hit an all-time closing high of 1,254.33 on Wednesday, just below their intraday high of 1,259.33, reached on Tuesday. It remains 12th in IBD's Retail-Internet Group behind top-ranked Alibaba ( BABA).


Google set up a whimsical building outside the Las Vegas Convention Center and operated giant gumball machines that dispensed prizes for CES attendees.

But Amazon was first to market with a smart speaker with voice technology and holds a commanding lead. More than 25,000 skills have been created for Alexa to date. Those skills allow users to control devices and to get access to online information on specific topics.

"At Amazon, we really feel that this represents the next major disruption in computing," Isbitski said. "This is going to be the most natural way to interact with technology."

The next step for voice-activated personal assistants like Alexa is for the technology to become more infused with artificial intelligence and to understand context and remember previous conversations and interactions, he said. In other words, they need to get smarter and learn the behavior and preferences of users.


81. Why Apple Investors May Shrug Off T-Mobile's New iPhone X PromotionЧт., 11 янв.[−]

T-Mobile US' ( TMUS) new buy-one, get one free iPhone promotions include Apple's ( AAPL) high-end iPhone X for the first time but still fall short of the aggressiveness some analysts have been looking for from wireless firms.

X T-Mobile on Wednesday said new customers that purchase an iPhone 8 Plus or iPhone X as their first device will get $700 via a rebate — that's enough to buy an iPhone 8 outright. The $700 can also be used to buy a second iPhone 8 Plus or iPhone X.

The iPhone X starts at just under $1,000, so consumers will still need to pay $300 or more on the second device, depending on the model. Apple didn't get much help from wireless firms in iPhone X promotions in 2017 amid tight supplies, analysts say. Apple reports fiscal second-quarter earnings on Feb. 1 and analysts will be focusing on iPhone X guidance.

"We expect solid fiscal Q1 results and while there may be some risk to fiscal Q2 forecasts, due in part to lack of carrier iPhone X promotions, we remain positive on the continuing platform strength," William Power, a Baird analyst, said in a note to clients published Wednesday. Power's report came out before T-Mobile announced its new promotions for iPhones and Samsung devices.

"We would note that while carriers have offered (buy one, get one) promotions for iPhone 8, we are not aware of any significant iPhone X promotions, which could be one of the elements impacting fiscal Q2, while benefiting carrier margins."

The iPhone X went on sale Nov. 3 after production delays, following the iPhone 8's release in late September.


IBD'S TAKE: Finding the best stocks to buy can be tricky. That's why Investor's Business Daily makes it easy with educational tools, stock lists, research, Leaderboard and more.


Sprint's chief executive signaled in September that wireless firms would not subsidize all smartphones as prices rise.

"I think we should invite the manufacturers to share a little of the cash flow burden that comes with — as the price of devices goes higher," said Sprint CEO Marcelo Claure.

Neither AT&T ( T) nor Verizon Communications ( VZ) has offered a buy one, get one deal for the full value of two iPhone X phones.

Apple stock was down a fraction to close at 174.29 on the stock market today. T-Mobile fell 2.6% to 63.89.

T-Mobile on Tuesday pre-announced that it added 891,000 postpaid phone subscribers in the December quarter, topping consensus estimates of 810,000.

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82. What To Watch For When These Five Tech Giants Report Quarterly EarningsЧт., 11 янв.[−]

Five big technology companies, starting with Facebook ( FB) and Microsoft ( MSFT), are set to report quarterly results at the end of this month — events that often cause big movement in stocks.

X Facebook and Microsoft will report quarterly earnings on Jan. 31, while Apple ( AAPL), Alibaba ( BABA) and Google-owner Alphabet ( GOOGL) report Feb. 1.

All five stocks are trading close to their record highs. Any of them posting results short of expectations or presenting a disappointing outlook could trigger a sudden decline in the stock. Strong results could lead to positive breakouts.

When Facebook reports after the close Jan. 31, among things analysts will focus on will be comments around capital allocation and return on invested capital. Facebook has guided capital expenditures to roughly double, hitting somewhere around $14 billion in 2018. User growth and commentary around the performance of Facebook's Instagram business will also be areas of interest.

Facebook this week received positive reports from two Wall Street analysts on Monday, with one calling the social networking giant its " top pick for 2018."

Facebook shares inched down 3 cents to close at 187.84 on the stock market today. Shares hit a record high of 188.90 on Monday.

At Microsoft, which also reports after the close, analysts will want updates on the impact of new tax legislation, including repatriation of offshore cash. The tax bill provides a reduced tax rate that could encourage Microsoft to redeploy offshore cash for shareholder benefit. Analysts also will seek an update on the performance of Microsoft's cloud computing operation, which has been gaining on market leader Amazon.

Microsoft shares lost 0.5% to 87.82. It hit a record high of 88.73 on Tuesday.

Apple will report after the market close on Feb. 1, as will Alphabet. Alibaba reports before the open that day.

Analysts say Apple is positioned to deliver results ahead of expectations. It will likely provide an update on its tax rate and repatriation plans post tax reform. As always, a focus will be on the performance of Apple iPhone products, including product demand, supply constraints and the average selling price. The consensus on iPhone shipments is 79 million. Apple may deliver a bigger-than-expected stock buyback, thanks to overseas cash brought back into the U.S., which could soothe investor angst over how sales of the iPhone X are doing.

Apple shares eased by 4 cents to 174.29. Shares hit a record high of 177.20 on Dec. 18.


IBD'S TAKE: With fourth-quarter earnings season just around the corner, now is the time to build your list of the best stocks to watch, The trick to making money during earnings season is to be prepared with an up-to-date watch list and a solid action plan.


At Alphabet, there's plenty of ground to cover, including tax reform and repatriation, with speculation that another stock buyback plan is in the works. Growth in digital advertising will also be a focus, as will the performance of Google Home and traffic acquisition costs. Barclays is bullish on the company's search-engine growth and the overall pace of innovation, singling out the Alphabet's work on projects like machine learning.

Alphabet was recently rated a top pick at Baird. Alphabet shares were down 0.2% to finish at 1,110.14. Shares hit a record high of 1,119.16 on Monday.

At Alibaba, analysts will want to hear more about user growth and investments in new retail initiatives that will accelerate this year. Alibaba is continuing a major push into brick-and-mortar retailing with plans to add 30 supermarkets in Beijing, more than doubling its current store count. Alibaba leads five top Chinese internet stocks setting up on bases.

Alibaba shares lost 0.5% to close at 189.79. Shares hit a record high of 192.49 on Tuesday.

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83. Workday Upgraded As Margin Growth Seen Building Up Cash FlowЧт., 11 янв.[−]

Workday ( WDAY) is on the cusp of becoming a free-cash-flow machine, says Morgan Stanley, which upgraded the enterprise software maker to overweight.

X Keith Weiss, a Morgan Stanley analyst, hiked his price target to 145 from 108. After a late 2017 sell-off, Workday has formed a cup chart pattern and has neared a technical buy point of 116.99. Learn more about Workday at IBD Stock Checkup.

"Increased conviction in the durability of Workday's top-line growth, plus swifter progress in improving the margin profile pushes our (free-cash-flow) forecasts higher — we now see durable 25% (free-cash-flow) growth through fiscal 2024," Weiss said in a report.

Shares in Pleasanton, Calif.-based Workday jumped 4.1% to close at 114.14 on the stock market today.

Workday sells cloud-based software for human relations, payroll and other business functions. Workday has expanded from human capital management software into financial management software.


IBD'S TAKE: Finding the best stocks to buy can be tricky. That's why Investor's Business Daily makes it easy with educational tools, stock lists, research, Leaderboard and more.


"While subscription revenue growth has sustained near 40% through fiscal 2018, billings growth has trended down into the low-20s, stoking investor debate on the durability of growth at Workday," the analyst added. "We are taking the bull side of that debate — our deep dive analysis into the Workday story yields multiple dimensions for sustaining strong top-line growth, combined with best in class unit economics which should drive margins significantly higher."

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84. Google Is Taking VR To Next Level Vs. Facebook With Help From LenovoЧт., 11 янв.[−]

LAS VEGAS — Alphabet ( GOOGL)-owned Google is taking its virtual reality ambitions to the next level with the help of Lenovo ( LNVGY), which just launched a smartphone-free VR headset that's also cordless: the Mirage Solo.

X Google started out in the VR landscape with its Cardboard product, which took smartphones and turned them into VR "goggles" in a cheap way.

Its Daydream platform had required the use of a smartphone, until now. With the new offering launched this week at CES, Lenovo and Google are addressing two of the big factors impacting widespread adoption of VR products: picture quality and mobility.


CES 2018: See The Latest Technology Trends & Top Tech Stocks


Lenovo President and COO Gianfranco Lanci sat down with Investor's Business Daily while at CES to discuss the company's new products, including the Mirage Solo. Lanci emphasized that the "natural evolution" of the PC, Lenovo's flagship product segment, is toward smart devices.

The Mirage Solo is set to compete with Facebook's ( FB) $200 Oculus Go, which is an untethered, no-phone headset as well. Facebook made its announcement about the Oculus Go during Qualcomm's ( QCOM) CES press conference on Monday.

Watch the embedded video for more.

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85. Camera Makers Converge At CES To Combat 'Porch Pirates'Ср., 10 янв.[−]

LAS VEGAS — The increase in package deliveries from the growth of e-commerce has brought with it the new problem of "porch pirates" — thieves who brazenly steal parcels right off people's front porches.

X Now, however, the consumer electronics industry has a solution in security cameras that can help catch criminals and even prevent thefts in progress.

Numerous companies, large and small, are at the massive CES consumer technology conference this week showing off their security systems. They range from specialists like Ring and Canary to smart-home experts like Alarm.com ( ALRM) and Vivint. Other major players include networking gear maker Netgear ( NTGR) and home technologies firm Honeywell ( HON).

Table stakes for home security cams today are cloud storage of video and smartphone alerts to activity and the ability to scare away crooks with sirens or by talking to them through two-way audio, plus the ability to call the police.

In December, e-commerce giant Amazon.com ( AMZN) bought Blink, a maker of smart doorbell and porch cameras, adding to Amazon's line of connected home products that includes Echo smart speakers and Fire TV streaming devices.

Videos during the holiday season of porch pirates raised awareness of the need for outdoor security cameras, said Don Shulsinger, vice president of sales and marketing for Blink.

"We have received a lot of videos of package thefts caught on camera," he said. "It's a big problem for consumers and we see it as a tremendous opportunity."

Blink cameras start at $99 and include free cloud storage.

A new trend in the category is the ability for users of home security cameras to share videos of suspicious activity, speeding cars and other occurrences with their neighbors. Ring has the capability in its smartphone app now and Vivint is launching an app called Streety in March.

Local television news stations often air videos of burglars and thieves captured on home security cams and the videos have been instrumental in arrests of suspects, Shulsinger said.


86. Will Bitcoin Boost U.S. Utilities, Renewable Energy Developers?Ср., 10 янв.[−]

Electricity consumption tied to Bitcoin and other digital currencies on computer networks could give a boost to some U.S. utilities and create partnership opportunities for renewable energy developers, says a Morgan Stanley report.

"Though the overall impact from increased demand seems minimal at this time, the key utility beneficiaries we would highlight include: American Electric Power ( AEP), Xcel Energy ( XEL), and Entergy ( ETR)," Nicholas Ashworth, a Morgan Stanley analyst, said in a report to clients published Wednesday. "These utilities serve the regions with the lowest cost of electricity, and American Electric Power and Xcel are taking advantage of low-cost wind (power) to drive rates even lower."

"There is also the potential for wind and solar developers, we would highlight NextEra Energy ( NEE) and Pattern Energy ( PEGI), to get involved in supplying 'firm' renewable power solutions to concentrated mining operations," Ashworth added.

Digital currency transactions require energy-intensive computer networks. A public ledger, called a blockchain, provides a record of where every digital token was first "mined" using computing power. For Bitcoin, verifying a transaction and adding it to the blockchain earns a miner a specific number of bitcoins.

By design, Bitcoin mining software makes it very expensive — in terms of computing power and electricity — to add new blocks. Cryptocurrency power use is facing more scrutiny, particularly in China, where officials are concerned miners are taking advantage of low electricity prices.

Some parts of the U.S. — such as the Midwest and Northwest — could also offer mining networks low power costs, Ashworth said in the report.


IBD'S TAKE: Finding the best stocks to buy can be tricky. That's why Investor's Business Daily makes it easy with educational tools, stock lists, research, Leaderboard and more.


"Electricity consumption from Bitcoin in 2018 could be as great as we forecast for global electric vehicles in 2025," Morgan Stanley added.

"However in theory Bitcoin's energy usage should decline in the long run. The network is designed to produce one block every ten minutes, regardless of energy use. The Bitcoin reward for mining a block however halves every four years — the next time is in 2020. If it becomes unprofitable to mine, then in theory less mining will occur."

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87. Roku's Chief Wants To Keep The Momentum Rolling In 2018Ср., 10 янв.[−]

LAS VEGAS — Streaming video platform Roku ( ROKU) this year is focused on gaining smart TV market share, growing its base of users and continuing the strong momentum it had in 2017.

X "We are the leading streaming operating system for TV today and want to remain in that position as all TV shifts to streaming," Roku Chief Executive Anthony Wood told Investor's Business Daily Tuesday at the CES consumer electronics trade show.

Roku ended 2017 with 19 million active users, up from 16.7 million at the end of the third quarter, Wood said. Wall Street is counting on Roku to monetize those active accounts.

"When you have scale there are ways to make money," Wood said. The company's revenue per user has been increasing, thanks in large part to Roku's advertising business.

Some 45% of viewing on Roku is on ad-supported channels.

Roku gains active users by selling streaming players that connect to televisions and by licensing its smart TV operating system to TV makers like TCL and to pay-TV operators.

In addition to monetizing users with advertising, Roku gets revenue from selling video service subscriptions and transactional video on demand.

Wood sees a big opportunity in premium video on demand, which the large movie studios are pursuing. The studios want to let consumers watch at home movies that are still in theaters, but charge a larger fee than current pay per view. Some executives have suggested a rental fee of $30.

But the major theater chains have been pushing back on the idea and threatening not to show films that will be available for premium video on demand.


88. Amazon's Bezos Is Richest Man As Tech Dominates Billionaire ListСр., 10 янв.[−]

From a simple bookseller to e-commerce leader to media mogul, rocketship maker and now the richest man in the world, that's Amazon's ( AMZN) founder and chief executive, Jeff Bezos.

X According to Bloomberg's billionaire index, Bezos has clawed his way to being the wealthiest person in the world, with a total net worth of $105 billion. Technology company founders hold six of the top 10 spots on the Bloomberg billionaire list.

As Amazon shares have risen so has the wealth of Bezos, who moved ahead of Microsoft ( MSFT) co-founder Bill Gates, who has a net worth of $93.3 billion, followed by Warren Buffet at $82.7 billion.

Gates has used much of his wealth from Microsoft to fund philanthropy, including the Bill & Melinda Gates Foundation, and has gifted almost 700 million Microsoft shares. Bezos has said he sells about $1 billion in stock each year to fund Blue Origin, a manufacturer of rocketships and capsules he intends to use for space tourism and research.

Amazon shares rose 56% in 2017 and are up 6.6% this year as the stock currently trades near a record high. Amazon has received two price-target increases this week. Shares were up 0.5% to close at 1,252.70 Tuesday.


IBD'S TAKE: Amazon is an IBD Leaderboard stock with a healthy IBD Composite Rating of 82 out of a possible 99. Looking for the next big thing? Start with this simple routine.


Bezos, 53, founded Amazon 23 years ago, selling books out of a garage. It's now the world's largest e-commerce company. Amazon's various ventures include a movie and digital media business. Bezos is also owner of the Washington Post, in addition to leading Blue Origin.

Following Bezos and Gates is Mark Zuckerberg, co-founder and chief executive of Facebook ( FB). Zuckerberg is fourth on the list with a net worth of $77.5 billion. Facebook stock rose 53% in 2017.

Zuckerberg is followed by Alphabet ( GOOGL) co-founder and Google owner Larry Page. Next is Oracle ( ORCL) co-founder Larry Ellison. Alphabet co-founder Sergey Brin holds the tenth spot. Alphabet shares rose 32% in 2016. Oracle shares are up 24%.

Facebook received positive reports from two Wall Street analysts on Monday, with one calling the social networking giant its "top pick for 2018."

As noted by CNBC, Bezos may be the wealthiest man in the world today but he's not the wealthiest of all time, depending on how you tally his riches.

Adjusted for inflation, Gates's $100 billion fortune in 1999 would be worth about $147 billion today, or about $42 billion more than Bezos. The case could also be made that John D. Rockefeller was the richest, when measured as a share of the gross domestic product. But, perhaps no one will ever be as rich as Augustus Caesar, whose fortune would have tallied into the trillions today.

Amazon shares were trading near 1,246, up .07% during afternoon trading in the stock market today. Facebook shares were down 0.2%, near 187.90.

Alphabet shares were up 0.2%, near 1,116.50. Oracle was up 0.6%, near 49.10, while Microsoft was up 0.2%, near 88.50.

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89. IBM Holds Patent Lead For 25th Straight Year; Samsung, Intel FollowСр., 10 янв.[−]

IBM ( IBM) continued its 25-year run as the U.S. patent leader in 2017, triple the amount of patents they received 10 years ago, said a leading provider of patent data in a report Tuesday.

X IBM received 9,043 patent grants in 2017, up 12% from 2016, according to the annual patent report from IFI Claims Patent Services.

No other patent assignee has led the list for this many consecutive years nor broken the 9,000-patent mark, said IFI Claims. It said a record number of 320,003 patents were granted by the U.S. Patent & Trademark Office in 2017, up 5.2% from 2016.

"We're seeing twice as many patents generated today as there were a decade ago," said Mike Baycroft, chief executive of IFI Claims, in prepared remarks. "We're seeing IBM nearly tripling its annual patent counts by going from 3,000-plus in 2007 to breaking the 9,000 mark this past year."

IBM shares ended trading Tuesday up fractionally to 163.83.

Technologies with the most patent growth in 2017 include e-cigarettes, 3D printing, machine learning, autonomous vehicles, molding materials, hybrid vehicles, aerial drones and food. These are not the largest patent classifications but the ones that have shown the fastest growth over the last five years, according to Larry Cady, senior analyst at IFI Claims, who led the research.

Samsung Electronics held the second place position with 5,837 patents granted, up 6%, according to the list of the top 50 U.S. patent assignees.


IBD's TAKE: Establishing a new market, or a new approach to an existing market, is the key to the kind of innovation represented by the N in the CAN SLIM investing methodology.


Canon held the No. 3 spot as it did last year. Intel ( INTC) was fourth, followed by LG Electronics, Qualcomm ( QCOM) and Google parent Alphabet ( GOOGL). One big gainer was Facebook ( FB), which made its debut at No. 50. Facebook received 660 patent grants, up 33% from the previous year.

Qualcomm has a rich portfolio of cellular communications patents and technologies. Alphabet has a rich portfolio of patents in artificial intelligence.

The U.S. received a 46% share of 2017 grants. Asia holds the next largest share at 31%. Europe holds 15%.

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90. Amazon Price Target Raised On View Of Significant Opportunity AheadСр., 10 янв.[−]

Amazon ( AMZN) scored another price target increase Tuesday on a view that the e-commerce leader has significant opportunity to gain additional wallet share from customers.

X Piper Jaffray analyst Michael Olsen raised his price target in Amazon to 1,400 from 1,200 and maintained a rating of overweight. It follows a Piper Jaffray survey of 1,000 internet users that suggested most have a significant opportunity to increase their Amazon wallet share allocation.

Amazon received another price-target increase Monday from Baird analyst Colin Sebastian on confidence it can generate continued strong growth in e-commerce, cloud services, online media and logistics. Sebastian raised his price target on Amazon to 1,310 from 1,100 and maintained a rating of outperform.

Amazon shares added 0.5% to close at 1,252.70 on the stock market today. Earlier the stock hit a record high of 1,259.33


IBD'S TAKE: Amazon is a longtime member of IBD's exclusive list of Leaderboard stocks, which investors can use to track stocks and stay a step ahead of the market. The latest breakout last week was from a shallow flat base, with the stock currently in buy range.


Amazon recently touted its biggest holiday selling season ever, as it continues to grow quarterly sales at a double-digit rate. Amazon has significant momentum heading into 2018 and could beat fourth-quarter revenue estimates if the expectations of a Wall Street analyst prove accurate.

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91. Tesla Starts Production Of Solar Shingles At Its GigafactoryСр., 10 янв.[−]

Tesla ( TSLA) has kicked off production of its long-awaited electricity-producing shingles that Elon Musk says will transform the rooftop solar industry.

X Manufacturing of the textured-glass tiles began last month at Tesla's Gigafactory 2 in Buffalo, N.Y., according to an emailed statement from the Palo Alto, Calif.-based company on Tuesday. Tesla's SolarCity unit operates the factory along with Panasonic.

News of the production comes about four months after the plant, built with backing from New York state, started making solar panels and cells and more than a year after Tesla unveiled the photovoltaic shingles to a mix of fanfare and skepticism.

Solar shingles will cost more than a conventional roof along with photovoltaic panels — but not "wickedly so," said Hugh Bromley, a New York-based Bloomberg New Energy Finance analyst.

"It may actually do well in overseas markets where solar-photovoltaic is cheap and homeowners are used to paying a premium for building materials and cars — such as Australia," Bromley said in an email.


IBD'S TAKE: Tesla shares have been consolidating since Sept. 18, when shares reached an all-time high of 389.61. The company now ranks eighth in IBD's auto manufacturers group with Ferrari ( RACE) in the lead.


The appeal: a sleek, clean solar product, especially for homeowners seeking to replace aging roofs. The tiles — from most angles — look like ordinary shingles. They allow light to pass from above and onto a standard flat solar cell.

Tesla, the biggest U.S. installer of rooftop solar systems, piloted the product on the homes of several of its employees.

New York committed $750 million to help build the 1.2-million-square-foot factory in Buffalo, which currently employs about 500 people. The plant is expected to eventually create nearly 5,000 jobs, Gov. Andrew Cuomo said in 2015.

Tesla shares ended trading Tuesday down 0.8% to 333.69.


92. PayPal Shares Break Out Following Upgrade, Then RetreatСр., 10 янв.[−]

Shares of PayPal ( PYPL) broke out at the market open Tuesday following an upgrade by a Wall Street analyst but shares quickly retreated as the trading session wore on.

X Cowen analyst George Mihalos upgraded PayPal to outperform from market perform and raised his price target on the digital payment company to 88 from 67.

Shares, which were climbing up the right side of a flat base, surged 1.5% past 80 at one point in early morning action on the stock market today, but subsequently retreated and flirted with the breakeven point as well as the breakout point all day.

The stock ended the regular session up 0.2% to 79.19. PayPal's buy point was 79.48.

PayPal stock rose 86.5% last year and bounced off their 50-day line in recent days.


IBD'S TAKE: When looking for the best stocks to buy and watch, start with top-rated names that are leaders within a highly-ranked industry. Mobile payment pioneer PayPal currently fits that bill.


In the third quarter, PayPal's adjusted earnings growth rose from 28% to 31%, marking a fifth straight quarter of acceleration. Revenue gains have moved higher over the last two reports, including an increase from 18% to 21% in the third quarter.

PayPal is expected to report fourth-quarter numbers at the end of this month, with analysts expecting a 23% rise in earnings for the fourth quarter and a 25% gain for all of 2017.

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93. Intel CEO Confronts Chip Security Flaws As AMD Fixes Raise IssuesСр., 10 янв.[−]

LAS VEGAS — Intel's ( INTC) chief executive publicly addressed the chip security flaw that rattled investors when it was revealed last week, as new issues surfaced Tuesday with patches for machines featuring chips from its rival, Advanced Micro Devices ( AMD).

X At his opening keynote speech at the CES consumer technology trade show, Intel CEO Brian Krzanich late Monday framed the chip problem as an industrywide issue and said progress has been made in patching the exploits discovered by Alphabet's ( GOOGL) Google.

He thanked the information technology industry for coming together to tackle the security issues, known as Spectre and Meltdown.

"The collaboration among so many companies to address this industrywide issue across several different processor architectures has been truly remarkable," Krzanich said. "Security is job No. 1 for Intel and our industry."

Meanwhile, Microsoft ( MSFT) on Tuesday reported a setback in its efforts to fix the security issues. It suspended issuing patches to guard against the threats after users of PCs with AMD chips complained that the software updates froze their computers.

AMD shares, which rose much of last week, tumbled 3.8% to 11.82. Intel shares dropped 2.5% to close at 43.62 on the stock market today.

Krzanich recommended PC and smartphone users update their operating systems to get the latest protections in software patches.

"As of now we have not received any information that these exploits have been used to obtain customer information," he said. "We're working tirelessly on these issues to ensure it stays that way."

Intel expects to issue updates to more than 90% of its processors released in the past five years within a week, and the remaining by the end of January.

During his keynote, Krzanich discussed Intel 's work in artificial intelligence, autonomous driving and immersive media, such as virtual reality.

He also provided an update on Intel's research into new types of computing: neuromorphic computing and quantum computing.

Neuromorphic computing mimics the way the human brain learns and understands. Intel plans to share with researchers a neuromorphic chip called Loihi later this year.

Krzanich said Intel has shipped its first 49-qubit quantum computing test chip, called Tangle Lake. Quantum computing is the ultimate in parallel processing, he said, noting that it has the potential to compute at far greater speeds than anything achieved before.


94. Tesla (TSLA) Stock Quotes, Company News And Chart AnalysisВт., 09 янв.[−]
X


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Tesla Stock News & Analysis

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95. Novo Nordisk Makes $3.1 Billion Takeover Offer For AblynxВт., 09 янв.[−]

Novo Nordisk ( NVO) is shedding its restraint and embracing acquisitions after all.

The Danish drugmaker, which has traditionally eschewed deals and looked inward to develop new treatments, signaled a desire to seek growth from outside its own labs as it disclosed a $3.1 billion takeover offer for Ablynx ( ABLX).

Novo CEO Lars Fruergaard Jorgensen, who walked in his predecessor's footsteps in his first year at the helm, is now attempting to clinch Novo's biggest deal ever — despite Ablynx spurning two offers in less than a month. The strategy extends beyond Ablynx: Novo said it's reviewing other potential takeovers and, after years of relying mostly on in-house research, is keen to look elsewhere for new medicines.

"It marks a higher risk willingness and a willingness to obtain innovation from outside Novo Nordisk compared to what we historically have done," Chief Financial Officer Jesper Brandgaard said in an interview with Bloomberg.

Coming Off The Sidelines

Novo has sat out a recent wave of industry deals in which a handful of giants snapped up promising biotechnology companies. The company has spent less than $500 million on mergers and acquisitions over the past decade, according to data disclosed by Novo.

Swiss rival Roche Holding ( RHHBY), by contrast, committed three times as much just last month when it agreed to buy U.S. biotech firm Ignyta ( RXDX). Other pharmaceutical transactions last year include Johnson & Johnson's ( JNJ) $30 billion purchase of Swiss biotech Actelion Ltd. and Gilead Sciences' ( GILD) $11.9 billion takeover of Kite Pharma.

The 51-year-old Jorgensen may find he's not the only one interested in Ablynx. Novo isn't aware of other suitors, Brandgaard told reporters on a conference call, but some may emerge now that Novo's interest is out in the open. Ablynx shares surged more than 49% to close at 38.62. Novo shares ticked down 5 cents to 54.69.

Belgium-based Ablynx said late Monday that Chairman Peter Fellner has resigned from the board. Fellner, 74, had served as chairman since 2013 and had been slated to step down later this year. Ablynx gave no reason for the departure.

Fellner has had numerous corporate board appointments, and was a member of the advisory group to Novo A/S, an investing arm of the Novo Nordisk Foundation, until January 2016. He'll be replaced as chairman by Bo Jesper Hansen, a non-executive director, the company said in a statement.

Low Profile

Jorgensen is working to beef up a unit that has traditionally had a low profile. The business of selling treatments for rare blood disorders makes up only a fifth of its sales and is overshadowed by the company's diabetes operations.

Unless the unit gets split off it needs to grow, said Kim Nielsen, a fund manager at C Worldwide Asset Management in Copenhagen.

"Otherwise you risk it being too small or too uninteresting," said Nielsen, who holds Novo shares. "Overall I feel confident they should do something like that."

Novo went public after Ablynx rejected a proposal that includes an upfront cash offer of 28 euros a share and additional cash payments known as contingent value rights of up to 2.50 euros per share tied to the success of two experimental medicines. The maximum payment is 44% more than the stock's closing price on Friday in Brussels.

Partners In The Past

The choice of target isn't a shot in the dark: The two companies have been involved in a research collaboration since 2015.

Ablynx's most advanced drug, caplacizumab, addresses a rare disorder called acquired thrombotic thrombocytopenic purpura, in which blood clots form in small blood vessels throughout the body. The illness can block the flow of blood to the body's organs, according to the U.S. National Heart, Lung and Blood Institute.

Jorgensen, who grew up on a family farm in Denmark and joined Novo in 1991 as an economist, replaced its retiring leader at the start of last year. He joined just as Novo's traditional diabetes business came under pressure from insurers and payers, who demanded lower prices in the U.S., Novo's largest market.

Ablynx "holds great potential and has highly competent employees," Brandgaard said. "This is a natural first asset for us to pursue."


96. Amazon, Google Jockey For Spotlight At CES Tech Trade ShowВт., 09 янв.[−]

LAS VEGAS — Amazon.com ( AMZN) and Alphabet's ( GOOGL) Google jockeyed for the spotlight Monday at media events ahead of the annual CES consumer technology trade show.

Consumer electronics companies LG Electronics, Panasonic and Hisense touted adding Amazon Alexa and Google Assistant voice-response services to their home appliances and entertainment devices at press conferences on the eve of CES 2018. The massive four-day show officially opens Tuesday.

At last year's CES, Amazon dominated the news cycle with numerous announcements by companies that were adding Alexa technology to their gadgets. This year, Google has stepped up its presence in a big way and is even exhibiting at the show.

South Korea-based LG devoted a large segment of its media briefing to its collaboration with Google. LG has added Google Assistant to its TVs, stereo speakers and other gadgets. It demonstrated the benefits of smart-home technology enabled by Google. LG showed people controlling air conditioners, lighting and other devices with "Hey Google" spoken commands.

Japan-based Panasonic, a leading maker of automotive infotainment systems, announced a partnership with Amazon to bring Alexa voice controls to cars. Playing both sides, Panasonic also showed how it is bringing Google Assistant technology to cars as well.

China-based TV maker Hisense announced that it will include Amazon Alexa functionality in all of its new TVs this year.

As CES gets underway, Amazon and Google are likely to turn up the volume on their respective business deals with electronics makers in a bid to control voice-based user interfaces.

Amazon shares climbed 1.4% to close at 1,246.87 on the stock market today. Alphabet was up 0.4% to finish at 1,114.21.


97. GoPro Chief Goes From $287.2 Million A Year To $1; Sale Talk SurfacesВт., 09 янв.[−]

GoPro ( GPRO) Chief Executive Nick Woodman became the best-compensated U.S. executive for 2014, when his company went public. Now he'll be paid a lot less — at least in annual compensation, though talk of a possible sale of his company surfaced Monday.

X The action-camera maker slashed Woodman's cash compensation for this year to $1, according to a regulatory filing Monday, when San Mateo, Calif.-based GoPro trimmed its fourth-quarter revenue forecast and announced it will cut more than 20% of its workforce.

Shares of GoPro tumbled more than 20% at one point, but it pared those losses to less than 10% in afternoon trades as word surfaced on CNBC the company has hired JPMorgan ( JPM) to put itself up for sale, citing unnamed sources.

But then Woodman told Bloomberg that while JPMorgan is it's banker, it had not enlisted the brokerage to explore sale options. Woodman did not rule out possible partnerships in the future, however. As a result, shares fell back down 12.8% to 6.56.

Woodman, 42, rocketed to the top of the Bloomberg Pay Index, a ranking of the highest-paid U.S. executives, as GoPro shares soared after its initial public offering, boosting the value of his 2014 equity grant. His annual compensation since then included an $800,000 salary and $1.2 million target bonus.

Woodman's 2014 pay totaled $287.2 million, according to the Bloomberg index, which values equity awards as of each company's fiscal year-end. He didn't get a bonus for 2015 and received a $300,000 payout in 2016. GoPro has yet to report executive-compensation figures for 2017.

GoPro has faced stiff competition from bigger and better funded tech rivals such as Samsung Electronics Co. and Alphabet's ( GOOGL) Google, which have begun selling similar products. The latest job cuts will reduce GoPro's workforce to less than 1,000, down from about 1,500 at the end of 2016.


98. Amazon Receives Price-Target Boost As Confidence In Growth MountsВт., 09 янв.[−]

Amazon.com ( AMZN) received a price-target increase Monday on confidence it can generate continued strong growth in e-commerce, cloud services, online media and logistics.

Baird analyst Colin Sebastian raised his price target on Amazon to 1,310 from 1,100 and maintained a rating of outperform.

X "Our analysis of Amazon's fourth-quarter product selection seems to suggest stronger holiday sales, which combined with positive e-commerce data towards the end of December, provides some added confidence in our above-consensus fourth-quarter revenue estimate," Sebastian wrote in a research note to clients.

Amazon recently touted its biggest holiday selling season ever, as it continues to grow quarterly sales at a double-digit rate.

Amazon shares climbed 1.4% to close at 1,246.87 on the stock market today, hitting a new high.


IBD'S TAKE: Amazon is a longtime member of IBD's exclusive list of Leaderboard stocks, which investors can use to track stocks and stay a step ahead of the market. The latest breakout last week was from a shallow flat base, with the stock currently in buy range. IBD's The Big Picture can also help you stay on top of the market direction, informing you when to be aggressive and when to move to the sidelines.


Amazon has significant momentum heading into 2018 and could beat fourth-quarter revenue estimates if the expectations of a Wall Street analyst prove accurate.

Amazon reported third-quarter results on Oct. 26 that crushed earnings views and topped revenue estimates as shares took off. For the fourth quarter, Amazon said it expects revenue in the range of $56 billion to $60.5 billion, implying growth of 28% to 38% from the year-ago quarter.

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99. Facebook Is Top Stock Pick For 2018, Receives Price-Target BoostВт., 09 янв.[−]

Facebook ( FB) received positive reports from two Wall Street analysts on Monday, with one calling the social networking giant its "top pick for 2018."

X FBN Securities analyst Shebly Seyrafi, in addition to naming Facebook his top pick, reiterated a rating of outperform and price target of 210. Facebook was also his top pick last year, with the shares gaining 53% in 2017.

"Channel checks on Facebook and Instagram remain quite strong," Seyrafi wrote in a research note to clients. "Our recent checks on Facebook show very strong growth in its video business."

Credit Suisse analyst Stephen Ju raised his price target on Facebook to 232 from 230, and maintained an outperform rating. The price-target boost comes after Ju's recalibration of Facebook's product-by-product model following advertiser checks.

"Our conversations with advertisers continue to suggest ongoing budget share gains for Instagram," Ju wrote. He estimates Instagram is growing at twice the rate of Facebook's core business.

Facebook shares added 0.8% to close at 188.28 on the stock market today, hitting a new high.


IBD'S TAKE: Facebook is on the exclusive IBD Leaderboard list of top stocks, which helps investors stay ahead of the market. According to Leaderboard, Facebook broke out past a new flat base's 184.35 buy point in light volume last week and is firmly in buy range.


Facebook was also rated a top stock pick for 2018 by Needham analyst Laura Martin in December, who based it on the social media leader's strategic position, strong revenue growth, dominance in mobile and revenue diversification, among other reasons.

Facebook reported third-quarter earnings on Nov. 1 that topped earnings and revenue estimates by a wide margin, sending shares higher.

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100. Celgene Earnings Beat Views; Biotech Buys Impact BiomedicinesВт., 09 янв.[−]

Biotech giant Celgene ( CELG) offered preliminary fourth-quarter results Monday that looked as if they would come in ahead of analyst estimates for profits, an announcement the company made shortly after it agreed to buy privately held Impact Biomedicines.

X Celgene said it expects adjusted earnings of anywhere between $2.00 per share, up 24% from the year-ago figures. Revenue is expected to climbed 17% to $3.483 billion. Analysts polled by Thomson Reuters expected earnings of $1.93 on sales of $3.46 billion.

Celgene shares dropped 0.8% to close at 104.18 on Monday.

The company said late Sunday it was purchasing Impact Biomedicines with an upfront payment of $1.1 billion. Celgene will make additional milestone payments if Impact's fedratinib wins FDA approval and has strong sales, bringing the total potential price tag to roughly $7 billion.

Fedratinib is a potential treatment for myelofibrosis, a type of bone marrow cancer.

"Myelofibrosis is a disease with high unmet medical need as the number of patients who are ineligible for or become resistant to existing therapy continues to increase," said Nadim Ahmed, President, Hematology and Oncology for Celgene, in a statement announcing the Celgene-Impact deal. "We believe fedratinib is uniquely positioned as a potential treatment for myelofibrosis and it provides strategic options for us to build leadership in this disease with luspatercept and other pipeline assets."

Impact Bio's founders had sold fedratinib to France's Sanofi ( SNY), which gave up development of the treatment in 2013 due to serious side effects. But Impact later bought the rights back.

If successful, fedratinib would compete with a similar drug from Incyte ( INCY), known as Jakafi.

Celgene has had disappointing sales and trials of new drugs recently, while its blockbuster cancer fighter Revlimid faces challenges. Celgene cut its full-year outlook in late October, sending shares plunging. The stock has risen somewhat since then, but only in line with the S&P 500 index.

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