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GoPro Inc shares have tumbled over 5% in Friday pre-market to trade around the $18-mark. The key trigger for today’s fall was negative analyst action at Robert W. Baird. Analyst William Power downgraded GoPro stock to “neutral” from “outperform” citing rising concerns over the lack of sales growth. Power also cut his target price to…
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Apple Inc. attracts plenty of analysis from across Wall Street, but some of the strongest hopes for the firm’s coming Christmas season may stem from a very different kind of forecaster. Watson, the Supercomputer from International Business Machines Corp. , says that Apple will have the hottest selling product this holiday season. Watson, which is…
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Tesla Motors Inc has been stymied by the rollout of the Model X. The SUV has caused the firm no end of trouble since first being announced in 2012. We’re now more than six weeks out from the official launch of the car and, apart from those shipped to friends and family, there’s still no…
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Apple Inc. released the iPad Pro for public sale this Wednesday. The device is the latest and largest addition to the iPad range. It is also the most expensive tablet the tech firm has ever released. The new device is targeted at business consumers. This means that Apple’s latest iPad Pro not only seeks to…
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In what would represent the largest tech deal ever pulled off, privately held Dell Inc. said Monday morning it would buy diversified computing concern EMC Corporation in a cash and stock transaction worth better than $65 billion. While EMC’s roots are mostly related to storage hardware, today it is probably better known for its cloud…
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Tesla Motors Inc stock closed up on Tuesday, and has been quick to make a comeback after the US stock market’s downfall in August. This month so far the stock has lost around 0.22% versus 1.53% for the S&P 500 Index. Good day for auto firms Some optimism on Tesla Motors’ stock may have come…
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Here’s a look at the Tesla Motors, Inc Gigafactory in a video posted today by YouTuber, Black66. As you’ll see, there’s been a lot of progress since we first got an aerial peek at the complex back in April. You’ll even notice a red stripe at the top of the outside walls as the building begins to…
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Amazon.com, Inc. announced Tuesday that the Prime members in Seattle will be able to take advantage of the restaurant delivery service offered by it. This marks Amazon’s first push into the meal delivery market, which is known for its razor-thin margins. Amazon won’t charge for the delivery The Prime Now app of the firm can…
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Amazon.com, Inc. might have to stop priding itself on its fast-delivery system as other retailers build the capacity to get goods to consumers faster. Fortune reports that the largest department store in the U.S., Macy’s Inc. is now going head-to-head with Amazon with an offering of same-day delivery in 17 markets. Amazon has built a…
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Tesla Motors is constantly rolling out new features for the upcoming Model X. CEO, Elon Musk revealed last month that he has been personally testing out the autopilot features in his ride. Business Insider reports that the Model X has been spotted with some mysterious sensors that have not been seen in earlier prototypes. New…
