Tech
Is Apple poised to disappoint?
(FinancialPress) — Nov. 2 marks the next quarterly earnings report day for Apple (AAPL) – and the popular stock is polarizing among analysts, even with shares trading very close to its 52-week high at the moment. On the darker end of the opinion spectrum, we can find Mizuho‘s Parthiv Varadarajan‘s and Abhey Lamba‘s. While they expect the Silicon Valley giant’s earnings to come in-line with consensus expectations, they also warn that the guidance could be underwhelming – and are not seeing any signs that lean them towards changing their Neutral rating: “Our thesis remains unchanged – we acknowledge the upgrade cycle opportunity, but we continue to see near-term volatility to shipment estimates as the X ramp is delayed, thereby contributing to supply shortages. In add...
Intel to release AI chip line to compete with Nvidia‘s GPUs
New line of chips will improve deep learning training times. (FinancialPress) — Intel may be a late-comer to the AI party – but after this announcement, no one can say that they‘re not arriving in style. The company is setting itself up to stomp on their market grounds with authority by announcing the release of a family of chips dedicatedly oriented towards artificial intelligence. The new product line will be called the Intel Nervana Neural Network Processor family – or NNP. The main orientation for the NNP family is to cover the demanding needs of machine learning. It will be geared not towards PCs, but rather to data centers. While server stacks are still predominantly formed by Intel CPUs (it‘s estimated that they enjoy a 96% share in the data center market), AI workloads ...
Qualcomm setting the stage to introduce 5G with tests and reference smartphone design
(FinancialPress) — Qualcomm (QCOM) announced that it has successfully completed its first test of 5G on a mobile device this Tuesday, setting a landmark in the long haul towards the implementation of the new technology. The device used for testing the network’s capabilities was the X50 5G modem — which had been announced a year ago. The frequency band in which the test was performed was the 28GHz millimeter wave one. The company also announced their first 5G smartphone reference design. The device will be key to test other 5G devices in development such as radios, modems and networks, with smartphone developers over the next couple of years. The tests will set the groundwork to release 5G-ready smartphones by the first half of 2019. The 9mm thick reference design also boasts an edge-...
OnePlus has been datamining its users – and it‘s worrisome
(FinancialPress) — Popular chinese phone manufacturer OnePlus finds itself under heavy scrutiny due to security concerns. A blog post by Chris Moore, a security researcher, demonstrates how their OxygenOS records and transmits data pertaining to user‘s usage habits in a way that makes it easy to correlate with the individuals who operate the devices. The blog entry was originally posted back in January, but has recently experienced newfound attention. While the information logged – which includes locking and unlocking habits, apps opening, usage and closing, and wi-fi networks joined – seems pretty standard, it has a problematic tone to it, as all information is transmitted along with the phone‘s IMEI and phone numbers, as well as the name of the network being used. This makes ...
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, and the world’s largest mail and logistics company: DHL Group (Deutsche Post – DPW.SW). As per NVIDIA, the plan is to release the first fleet of autonomous delivery trucks running on the new technology by 2019. Codenamed Pegasus, NVIDIA’s third-gen automotive line Drive PX is a multi-chip platform with datacenter-level processing capacity. The device i...
Google is already running out of Pixel 2 stock
(FinancialPress) — Those who were thinking of buying a Google (NASDAQ: GOOGL) Pixel 2 upon release are already set to be put on a waiting list. Most models of the phone are already showing “out of stock“ signs for pre-orders, very shortly after its launch event. Several Pixel 2 and all Pixel 2 XL models‘ stocks have been depleted, sending their delivery dates past their launch date of Oct. 19th. As per the Google Store, these are the shipping dates if you place your order today: PIXEL 2: Black 64GB: In stock. Black 128GB: In stock. White 64GB: 5-6 weeks. White 128GB: 2-3 weeks Blue 64GB: 6-7 weeks PIXEL 2 XL: Black 64GB: 2-3 weeks Black 128GB: 2-3 weeks White 64GB: out of stock, waitlist White 128GB: out of stock, waitlist. The outlook is rather bleak. While people who want the smaller Pix...
“Lovely Opponents“: Samsung to earn $4 billion more from iPhone X parts than from Galaxy S8 parts.
(FinancialPress) — A new chapter in Samsung‘s (SSNLF) lucrative partnership with Apple (AAPL) sees the Korean tech giant slated to earn more from manufacturing parts for their competitor than they will for the parts they make for their own flagship. Samsung is forecasted to bill $4 billion more to Apple for iPhone X parts than it will bill its own handset manufacturing division for Galaxy S8 parts, according to research data released on Monday by Counterpoint Technology for The Wall Street Journal. The prediction is based on projected sales in a 20-month period, which is the timespan that analysts have identified as within the one that the majority of sales of new smartphones occur after a new model is released. Counterpoint expects Apple will sell 130 million iPhone X units, earning Samsu...
LEAK: Huawei‘s new flagship Mate 10 flaunts 3 cameras; “real AI“
(FinancialPress) — October 16th is marked as the date when Huawei unveils its new flagship product: the Mate 10. And ahead of their big date, the company‘s been making some bold statements that seem to be warranted, as per newly leaked info. Notorious leakster Evan Blass has gotten his hands on a new picture of the Mate 10 Pro – part of trio that will be announced with the launch. The picture showcases the 3 camera setup that had previously only been rumored, and also gives a subtle hint at the AI capabilities they have been peacocking about with their new hashtag: #TheRealAIPhone. The phone, which comes with a sleek edge-to-edge display with an 18:9 aspect ratio, is highlighted by its 3-camera build – a dual back-camera setup comprised of a 20mpx/12mpx combo, and a frontal 8mpx “selfie c...
Roku Rocks Wall St. with IPO; closes with 67% rise
(FinancialPress) —Video streaming service pioneer Roku (Nasdaq: ROKU.O) received a warm welcome to the stock market, with shares rising over 67% in their first day of trading. Roku closed the Nasdaq session with a $23.50 price tag, thus reaching a market capitalization of approximately $2.23 billion. The performance reinvigorated the sluggish U.S. IPO market. The offering began at $14, with 15.67 million Class A shares being available for trade. Despite the fact that it‘s raised more capital this far into the year than it did in all of 2016, the IPO market has slowed down significantly towards the last lap of the year. Roku was one of the first companies to provide customers with an option to move away from cable service, with its online streaming content device: the Roku DVP. Since it has...
The end is near: Nvidia to power autonomous AI drones
(FinancialPress) — While everyone still has their eyes on Augmented Reality (AR), Nvidia (Nasdaq: NVDA) is turning more and more heads, and keeps wowing the market with news of their Artificial intelligence (AI) development. Now, it has announced that they will bring the technology to the world of logistics – and the market‘s responding. During its GTC China conference, the chipmaker revealed they will be delving into the local logistics market for AI implementation. While “local logistics“ may sound minimalist, simple and downright boring to some, it becomes more exciting once one grasps that this could mean that your pizza actually has to land on your porch now, since it will be arriving via drone. Early Tuesday trading saw Nvidia stock gain +4.09%, for a value of $174.32. IN-DEPTH – th...
ORCL drops as more humble third-quarter outlook announced
(FinancialPress) — Oracle is currently trading at $49.04 – a 3.76% dip from yesterday‘s $52.79. This comes after a Thursday spike when the company announced surprisingly good performance during the year‘s first quarter. Yet, that was quickly put on ice as it also announced that the third and last quarter of the year is expected to underperform against analysts‘ forecasts. The Redwood City-based tech leader led with the good news – the company‘s total revenues went up 7%, reaching $9.2 billion. A considerable portion of that was led by its cloud business revenue, which rose 51% up to $1.5 billion. It also turned an adjusted profit of $0.62 per share. Wall St. forecasts for the quarter were $9.02 billion in sales and earnings of $0.60 per share. “The sustained hyper-growth ...
Facebook set to finally monetize WhatsApp
Facebook Inc‘s (NASDAQ:FB) monetary endgame with the acquisition of popular messaging platform WhatsApp is finally coming to light, as per a report released this Tuesday by the Wall Street Journal. Even with its limited income stream, the popular texting service was acquired for a mammoth $22 billion in 2014 – only 5 years after its launch. The financial vision behind the purchase of the app that formed its loyal fanbase largely around being free to use is coming to the forefront. It has been revealed Facebook is developing features that will allow companies to chat with their customers in a more business-oriented capacity, highlighting the inclusion of a green badge next to verified business contacts in the user‘s contact list. Matt Idema – WhatsApp COO, stated to WSJ: “We do intend on ch...
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