Category: Featured|Tech

Roku stumbles as analyst initiations begin

The first two analysts to release initiations on the stock rate it at hold. More notes expected through week.   (FinancialPress) — Roku Inc. (ROKU) finished Monday‘s session with its lowest stock pricing since its initial offering on September – partly due to the beginning of influx of analyst initiations for the stock, now that the unwritten post-IPO waiting period is over. Shares for the…

Tesla setting up fully-owned China Plant

(FinancialPress) — Asian trading saw a surge in auto-part supplier stocks as soon as the WSJ reported that Elon Musk‘s Tesla Inc. (TSLA) has finalized a deal with the Chinese government to build a 100%-owned manufacturing plant. It will be located in Shanghai‘s free-trade zone. Guo Lei, an official of Shanghai’s Economy and Information Technology Commission who leads new-energy vehicle projects, stated on Monday “As far as…

Wall Street suffers setback because of Apple

(FinancialPress) – A negative sentiment in the market towards Apple‘s current marketing direction was materialized on Thursday‘s burse session, as shares experienced a 2.5% drop due to concerns over lacking demand for the iPhone 8. It had been 2 months since stock for the company had experienced a day as bad as yesterday. Their double iPhone launch strategy for 2017 is raising doubts among investors….

Calgary courting Amazon like it‘s the ‘30s

(FinancialPress) — Calgary has shortlisted itself as one of the front runners for Amazon‘s new $5 billion second headquarters project. In the 42 days since the project was first announced by the tech giant, the city has developed a strong campaign to earn its graces. Thursday marked the official inauguration of the courtship process, as a 200-page bid package was hand-delivered by the city. City…

Twitter gets plea to “Ban Russian Bots”

(FinancialPress) — On Wednesday, Twitter employees were welcomed to their workplace by a strange, yet familiar message – projected onto the side of the building, the words “Ban Russian Bots“ shone in bright, white letters. The company is struggling to explain how bots, which can be programmed to periodically send messages to their platform, may have been allowed to have influence over the 2016 US…

NVIDIA is overhauling the self-driving car industry — again

(FinancialPress) — One of 2017‘s Wall Street superstars, chipmaker NVIDIA (NVDA), has unveiled a new generation of computer chips with the capacity of operating fully autonomous self-driving vehicles. 25 clients have jumped onboard for development of the new wave of driverless cars, which also includes robotaxis and long-haul trucks. Among the vanguard of 25 companies, the standouts are ZF – a top automotive parts supplier,…