October 11, 2017 7:42 am
A license-plate-sized hardware was reportedly revealed by NVIDIA Corporation (NVDA), which according to the company, is capable of matching 100 servers in a data center. The hardware is to be used for the enhancement of autonomous taxis. NVIDIA shares closed higher for a third consecutive trading session on Tuesday. The stock went up 1.91% ($3.54) […]
Read moreOctober 10, 2017 9:31 am
According to a Monday statement by General Motors Company (GM), it intends to acquire Strobe Inc in an attempt to facilitate its further expansion into the self-driving vehicle market. Strobe utilizes LIDAR, a major sensor technology that makes it possible for self-driving vehicles to identify objects at a distance. General Motors shares closed higher for […]
Read moreOctober 10, 2017 7:46 am
Shares of Tesla Inc (TSLA) marked their sharpest daily loss in two weeks yesterday, as concerns arose over the companys ability to meet production targets on its Model 3, following the missed third-quarter objectives. Tesla shares closed lower for the first time in the past seven trading sessions on Monday. It has also been the […]
Read moreOctober 9, 2017 10:43 am
According to the latest announcement by Apple Inc, Bruce Sewell will step down as the companys general counsel and will be succeeded by Katherine Adams, the former executive of Honeywell International Inc. She will also assume the post of senior vice president of legal and global security and will report to CEO Tim Cook. Apple […]
Read moreOctober 9, 2017 8:16 am
According to an accidental Microsoft Store listing, cited by Seeking Alpha, a smart speaker featuring Microsofts Cortana voice assistant could be released in stores soon. Manufactured by Harman Kardon, the speaker was announced earlier in 2017, with only a limited set of details being provided. Microsoft shares closed higher for a third consecutive trading session […]
Read moreOctober 9, 2017 6:41 am
According to a Friday report by the Chinese state media Xinhua, a planned recall of Fords Fiesta ST vehicles in the Asian country has been postponed because of spare part delivery delays. Ford shares closed higher for the sixth time in the past eight trading sessions on Friday. The stock went up 0.49% ($0.06) to […]
Read moreOctober 6, 2017 9:47 am
According to a statement by Boeing Company (BA) on Thursday, its total plane deliveries surged 7.4% during the third quarter of the year, supported by stronger demand for single-aisle 737 jetliners. The company also received 127 new orders last quarter. Boeing shares closed higher for a second consecutive trading session on Thursday. It has also […]
Read moreOctober 6, 2017 7:04 am
Apple Inc (AAPL) was reported to be moving closer to opening retail stores and manufacturing units in India, after Chinese smart phone producer Oppo obtained permission to establish single-brand stores of its own in the country. Apple shares closed higher for the fifth time in the past eight trading sessions on Thursday. It has also […]
Read moreOctober 5, 2017 9:27 am
Amazon.com Inc (AMZN) was reported to have approached French supermarket operator Leclerc in relation with a potential logistics partnership. The news came at a time of mounting speculations over what Amazons plans in the supermarket industry were. Amazon shares closed higher for the fourth time in the past six trading sessions on Wednesday. It has […]
Read moreOctober 5, 2017 7:33 am
Barclays was reported to have revised up its price target for NVIDIA Corporation (NVDA) to $200 from $140 previously due to the early 2018 launch of Volta-based client GPUs. The financial services holding company also kept its “Equal Weight” rating for the stock. NVIDIA shares closed higher for a fourth consecutive trading session on Wednesday. […]
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