-
Morgan Stanley Says The Market Is Underappreciating Tesla's AV Business
Tuesday, June 11, 2019 - 9:43am | 465Tesla Inc (NASDAQ: TSLA) shares have bounced off of their May lows in recent weeks on optimism about second-quarter deliveries. The stock remains down 40 percent in the past six months, but one Wall Street analyst said Tuesday the market may be underappreciating sources of value within Tesla’...
-
Ford, VW Form Alliance: 'Our Industry Is Undergoing Fundamental Change'
Tuesday, January 15, 2019 - 11:04am | 677The pioneer of the assembly line is joining forces with the company that made The People’s Car. Ford Motor Company (NYSE: F) and Volkswagen AG (OTC: VLKAF)(OTC: VLKAY) announced Tuesday a collaboration that aims to develop commercial vans and medium-sized pickups as soon as 2022. Dearborn and...
-
Tesla Weakness Could Be 'One Of The Buying Opportunities Investors Have Been Waiting For,' Says Morgan Stanley
Wednesday, March 28, 2018 - 9:17am | 403Morgan Stanley wants lemonade, and Tesla Inc (NASDAQ: TSLA)’s got plenty of lemons. The automaker’s shares continued to fade toward 12-month lows Wednesday amid concerns around the Model 3 ramp, a federal investigation into a fatal California crash, a credit downgrade from Moody's...
-
Uber Car Kills Pedestrian While In Self-Driving Mode
Monday, March 19, 2018 - 2:10pm | 330Uber is halting tests of its autonomous vehicles after an overnight collision left one pedestrian dead. Police in Tempe, Arizona, are investigating the crash and said an Uber car in autonomous mode struck a woman who walked into the street outside of the crosswalk, according to KNXV-TV. A safety...
-
BofA: Lyft, Magna Could Be The First Of Many Autonomous Vehicle Partnerships
Friday, March 16, 2018 - 9:53am | 475Magna International Inc. (USA) (NYSE: MGA) announced a multiyear partnership with Lyft this week — and a $200-million investment in the ride-hailing service — to develop and manufacture self-driving systems at scale. The strategy puts the companies on pace to commercialize and...
-
Gene Munster: Tesla Could Add Billions In Revenue With Ride-Sharing
Thursday, March 8, 2018 - 3:08pm | 435Tesla Inc (NASDAQ: TSLA) is still ironing out the kinks in its Model 3 production, but at least one observer says one of the company’s biggest long-term opportunities has nothing to do with selling cars. The chance of Tesla operating its own fleet of self-driving ride-sharing vehicles by 2023...
-
Silicon Valley Meets Detroit: Intel Targets Autonomous Opportunity With Test Cars, Partnerships
Monday, January 15, 2018 - 7:57pm | 635The adoption of autonomous vehicles is a matter of trust, according to Intel Corporation (NASDAQ: INTC). The chipmaker is building its own fleet of autonomous test vehicles — not with the intention of entering the automotive sector, but rather to validate algorithms, map roads and conduct...
-
Adapting To Autonomy: Infrastructure And Legislation
Wednesday, August 9, 2017 - 11:19am | 385The biggest challenge to realizing autonomous vehicles is not technology. It’s legislation, according to Loup Ventures managing partner Gene Munster. He expects critical infrastructure issues to pressure legislators in the coming years. “They’re going to have to make that jump to...
-
Autonomy CEO: Hewlett-Packard Knew Autonomy Was An IFRS, Not U.S. GAAP Company Before It Bought The Business
Tuesday, December 2, 2014 - 4:33pm | 328Hewlett-Packard Company (NYSE: HPQ) acquired Autonomy in October 2011, but even after three years the news surrounding the acquisition refuse to die down. In a new twist to the tale, Autonomy’s founder, Michael Lynch, is raising questions on ‘accounting misrepresentations’ in...
-
Stocks Mildly Higher To End The Week
Friday, June 27, 2014 - 4:33pm | 2073U.S. stocks were mildly higher as the second quarter comes to an end on Monday, before the markets pause for the Fourth of July holiday. Economic data was light as investors showed little interest as consumer sentiment improved in June from May. Recommended: Will The Markets Be Bullied By The...
-
Market Wrap For Febuary 20: S&P 500 Inches Closer To New Highs
Thursday, February 20, 2014 - 5:46pm | 3262U.S. stocks overcame mixed economic data and earning reports as the S&P 500 inches towards new all time highs and the Dow recorded an almost triple digit point gain. Jobless claims declined less than expected while consumer prices met expectations and rose slightly. Data from the...
-
SLIDESHOW: Five Companies That Could Buy BlackBerry (BBRY)
Tuesday, August 13, 2013 - 3:24pm | 432BlackBerry (NASDAQ: BBRY) might be up for sale. The company is reportedly looking for a large, Google (NASDAQ: GOOG)-type company to take the helm through a massive buyout. If all goes as planned, the deal would be similar to the one Motorola scored when Google acquired its electronics...
-
Nearly Half of Traders Think Hewlett-Packard Should Fire its Board
Wednesday, November 21, 2012 - 1:34pm | 389Hewlett-Packard (NYSE: HPQ) is up more than two percent Wednesday after losing nearly 12 percent of its value at market close yesterday. The imperiled company has been taking some heat from investors who were troubled by the Autonomy accounting controversy. In a poll conducted over the last 24...
-
Steve Jobs Thought Hewlett-Packard was Being "Dismembered and Destroyed"
Tuesday, November 20, 2012 - 4:39pm | 346Hewlett-Packard (NYSE: HPQ) is getting hammered by investors who are concerned about the accounting irregularities that occurred within Autonomy before the PC maker acquired the firm. Shares are currently down more than 12 percent. This is the latest of many troubles at H-P. The company has traded...