| Symbol | Name | Price (Intraday) | Change | % Change | Volume | Avg Vol (3 month) | Market Cap | PE Ratio (TTM) | 52 Week Range |
|---|---|---|---|---|---|---|---|---|---|
| AAPL | Apple Inc. | 116.50 | +3.48 | +3.08% | 101.615M | 172.071M | 1.992T | 35.35 | |
| MSFT | Microsoft Corporation | 210.38 | +4.19 | +2.03% | 19.517M | 34.845M | 1.592T | 36.52 | |
| TSM | Taiwan Semiconductor Manufacturing Company Limited | 84.54 | +3.74 | +4.63% | 10.048M | 11.427M | 405.9B | 37.91 | |
| NVDA | NVIDIA Corporation | 545.70 | +23.21 | +4.44% | 11.627M | 13.286M | 337.087B | 100.24 | |
| ADBE | Adobe Inc. | 486.47 | +7.48 | +1.56% | 1.921M | 3.03M | 233.369B | 61.27 | |
| CRM | salesforce.com, inc. | 251.53 | +3.68 | +1.48% | 3.247M | 7.84M | 228.892B | 97.08 | |
| INTC | Intel Corporation | 51.69 | +0.68 | +1.33% | 19.431M | 33.971M | 219.838B | 9.50 | |
| SAP | SAP SE | 156.60 | +2.31 | +1.50% | 286,895 | 577,417 | 188.896B | 37.84 | |
| ORCL | Oracle Corporation | 59.56 | +0.73 | +1.24% | 6.433M | 14.065M | 179.329B | 18.73 | |
| CSCO | Cisco Systems, Inc. | 38.57 | +0.30 | +0.78% | 22.117M | 22.337M | 163.283B | 14.61 | |
| ASML | ASML Holding N.V. | 382.11 | +12.11 | +3.27% | 641,228 | 797,923 | 162.331B | 54.91 | |
| AVGO | Broadcom Inc. | 366.10 | +9.27 | +2.60% | 1.61M | 1.889M | 148.088B | 68.75 | |
| ACN | Accenture plc | 223.49 | +1.09 | +0.49% | 1.419M | 1.821M | 142.117B | 28.31 | |
| QCOM | QUALCOMM Incorporated | 120.52 | +5.05 | +4.37% | 5.607M | 9.093M | 135.979B | 51.18 | |
| TXN | Texas Instruments Incorporated | 144.08 | +2.99 | +2.12% | 2.816M | 4.284M | 131.969B | 27.05 | |
| SHOP | Shopify Inc. | 1,065.53 | +36.54 | +3.55% | 1.56M | 2.297M | 130.271B | N/A | |
| IBM | International Business Machines Corporation | 122.01 | +1.44 | +1.19% | 3.05M | 4.227M | 108.66B | 13.85 | |
| AMD | Advanced Micro Devices, Inc. | 86.15 | +4.35 | +5.32% | 46.287M | 62.442M | 101.145B | 167.61 | |
| NOW | ServiceNow, Inc. | 501.79 | +8.64 | +1.75% | 1.21M | 1.594M | 96.243B | 141.51 | |
| SNE | Sony Corporation | 75.07 | +1.07 | +1.45% | 833,462 | 1.031M | 91.394B | 15.78 | |
| FIS | Fidelity National Information Services, Inc. | 145.57 | +0.42 | +0.29% | 2.139M | 3.096M | 90.196B | 2,799.42 | |
| INTU | Intuit Inc. | 331.36 | +9.47 | +2.94% | 1.153M | 1.246M | 86.752B | 47.88 | |
| SQ | Square, Inc. | 180.92 | +11.31 | +6.67% | 15.764M | 12.205M | 80.244B | 280.50 | |
| FISV | Fiserv, Inc. | 100.82 | -0.83 | -0.82% | 4.025M | 4.834M | 67.514B | 80.21 | |
| SNOW | Snowflake Inc. | 240.00 | +12.90 | +5.68% | 2.345M | 7.626M | 66.6B | N/A |
There’s a technology turf war smoldering, the result of which could create a new world order and redraw geopolitical alliances. That’s according to Abishur Prakash, a geopolitical futurist at Center for Innovating the Future and author of our books, including Next Geopolitics: Volume 1 and 2.
The stock market rebounded as President Trump leaves the Walter Reed hospital. Nvidia leads 5 chip stocks in buy zones.
(Bloomberg) -- Elusive cybersecurity pioneer John McAfee was arrested in Spain for tax evasion in the U.S., the Justice Department in Washington said.McAfee is accused of failing to file U.S. tax returns from 2014 to 2018 and hiding assets including real estate, a vehicle and a yacht in the name of others, prosecutors said. An indictment returned in June was unsealed on Tuesday after he was taken into custody. He’s being held pending extradition, the Justice Department said.Prosecutors claim McAfee earned millions of dollars through the promotion of cryptocurrencies, speaking engagements, consulting jobs and the sale of the rights to his life story for a documentary, but never filed tax returns. Instead, his income was paid into accounts held in the names of others, prosecutors claim. He faces as long as five years in prison if convicted of tax evasion and a year if found guilty of failing to file taxes.It’s the latest legal complication for the eccentric software mogul, who was a person of interest in a murder in Belize, though not charged with a crime, and last year he was detained in the Dominican Republic for entering the country with a cache of firearms and ammunition. He was also briefly a candidate for president in this year’s U.S. election, ending his run from abroad in March.The criminal charges were announced just hours after the U.S. Securities and Exchange Commission sued McAfee for promoting the sale of cryptocurrencies without disclosing that he was being paid to do so.The commission claims McAfee recommended at least seven initial coin offerings to his Twitter followers from at least November 2017 to February 2018 without revealing that he earned more than $23 million to boost them. He’s also accused of denying that he was being paid when asked by investors.Read more on McAfee fleeing BelizeThe SEC is seeking to force McAfee to disgorge all his ill-gotten gains, and to prohibit him from taking part in the issuance, purchase or sale of any digital asset securities and unspecified monetary penalties.McAfee didn’t immediately respond to a request for comment.The commission also accused McAfee of claiming to be an investor or technical advisor, “creating the impression that he had vetted these companies, that they were benefiting from his technical expertise, and that he was willing to invest in the ventures.”When a blogger exposed that he was being paid, McAfee was still holding “virtually worthless” securities from the offerings he promoted and encouraged investors to buy them -- without revealing that they were his own securities and he had paid a third party to recommend them, according to the complaint.McAfee also engaged in a practice called scalping, in which he accumulated large amounts of digital securities and promoted them on Twitter without disclosing his intention to sell, the SEC said.McAfee founded his epynonymous software firm in 1987. Intel Corp., seeking to build security features directly into its chips, bought the company for $7.7 billion in 2010, with TPG and Thoma Bravo taking stakes later. In 2016, Intel announced that it had signed a deal to transfer a 51% stake in the business to TPG for $1.1 billion. The company filed to go public last month.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
What happened Shares of Advanced Micro Devices (NASDAQ: AMD) climbed 5.3% on Monday, following a new hardware usage report from the online game platform Steam. So what Each month, Steam asks its users what computer hardware they use.
The RMPIA rose 13.8% during the quarter, leaving it up just shy of 29% on a year-to-date basis, thanks to performance by CRM, AAPL , NKE and TMO.
(Bloomberg) -- Cisco Systems Inc. was told to pay $1.9 billion after losing a trial brought by a Virginia company that claimed the networking giant copied patented cybersecurity features and shut the smaller company out of government contracts.Cisco infringed four patents owned by Centripetal Networks Inc., District Judge Henry Morgan in Norfolk ruled. The judge heard the month-long trial over video conference in June after canceling the use of a jury because of the coronavirus pandemic. Cisco said it would appeal the decision.Centripetal Networks, based in Herndon, Virginia, said it developed a network protection system, funded in part by a grant from the Department of Homeland Security, only to see Cisco integrate the inventions into its own networks after meetings and presentations by Centripetal officials.“The fact that Cisco released products with Centripetal’s functionality within a year of these meetings goes beyond mere coincidence,” Morgan said.The judge said Centripetal was owed $755.8 million for past use of the inventions, which he increased by two-and-a-half times after finding that Cisco’s infringement was “willful and egregious.” He also ordered that Cisco pay a 10% royalty on sales of some of its products for the next three years, and then 5% in royalties for three years after that.Jonathan Rogers, Centripetal’s chief operating officer, said the company was “thrilled” with the ruling.“It’s been a long time coming and was very hard fought,” he said in an interview.The total damage award accounts for less than three months of profit for Cisco. The company reported net income of more than $11.04 billion for calendar year 2019. It’s also one of the most cash-rich companies in technology. In August it reported cash, cash equivalents and investments of $29.4 billion.Cisco said its cybersecurity features were developed long before Centripetal was founded a decade ago. San Jose, California-based Cisco said Centripetal hasn’t been successful in getting government and university contracts because its ideas were too complicated.Cisco said it will appeal to the U.S. Court of Appeals for the Federal Circuit, which specializes in patent law.“We are disappointed with the trial court’s decision given the substantial evidence of non-infringement, invalidity and that Cisco’s innovations predate the patents by many years,” Cisco said in a statement.Centripetal said sales had been doubling each year from 2015 until it met with Cisco for a partnership and “got close to getting married but got left at the altar,” as Centripetal lawyer Paul Andre of the firm Kramer Levin put it in opening arguments. He said Centripetal told Cisco about its inventions in 2016 and “Cisco kept coming back and asking for more.”After the judge’s decision was released, Andre called it a “significant win for all small, innovative companies” and said Morgan “rejected the primitive doctrine that might makes right.”In June 2017, Cisco announced its Encrypted Traffic Analytics, which David Goeckeler, then head of Cisco’s network and security, said “solves a network security challenge previously thought to be unsolvable.”Cisco lawyer Dabney Carr of Troutman Sanders said Cisco, founded in 1999, has a long history of developing network security products and even has written books on the topic.“Cisco is proud of the network security it provides; it just doesn’t infringe these patents,” Carr said in closing arguments. He said there is a “cavernous gap” between what the patents cover and Centripetal’s infringement allegations.The judge found that the introduction of the cybersecurity features resulted in “a dramatic increase in sales which Cisco touted in both technical and marketing documents.”The trial was originally supposed to be held before a jury but the courthouse is closed to the public because of the coronavirus pandemic. Instead, Morgan, who became a federal judge in 1991 and took senior status in 2004, conducted the trial over the Zoom teleconferencing app.The opinion was released after Morgan issued an order denying Cisco’s request that he recuse himself from the case. The judge’s wife owns shares of Cisco, bought at the recommendation of a broker. Morgan said he had already reached his conclusion on the case, though not finished writing the opinion, when he learned of the ownership.The case is Centripetal Networks Inc. v. Cisco Systems Inc., 18-94, U.S. District Court for the Eastern District of Virginia (Norfolk).(Updates with comments beginning in sixth paragraphs. An earlier version of this story corrected an error in Cisco’s profit.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
The Dow Jones Industrial Average rallied with the other major indexes on the news President Donald Trump is being discharged from hospital.
Graphics-chip maker Nvidia on Monday made a slew of announcements related to its work in artificial intelligence and data centers. The announcements drove Nvidia stock sharply higher.
COMPANY CLOSE UPDATES Terrence Horan Shares of Apple Inc. AAPL rallied 3.08% to $116.50 Monday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index COMP rising 2.
The COVID-19 crisis is pushing people in the U.S. to increasingly choose debit cards over credit cards, and that trend help Square lower its transaction costs, according to an analyst.
