It would be a truly Olympic feat.
A start-up backed by Japanese automaker Toyota revealed a rudimentary prototype of a flying car, aiming to whisk a driver through the air to light the Olympic torch in Tokyo in summer 2020.
Although the start-up is not officially collaborating with Toyota, the automakerconfirmed to USA TODAY that it is exploring “aerial solutions” on its own in early-stage research. And some of its employees are aiding the start-up on a voluntary basis.
Toyota described its own flying car ambitions as “in the very early stages” and said “nothing has been decided yet about commercialization.”
Still, the involvement of the world’s second-largestautomaker reflects a serious step forward for flying cars amid aswirling debate over whether they’re realistic at all.
stock ratings: Marvell Technology Group Ltd.(MRVL)
- [By Chris Lange]
Marvell Technology Group Ltd. (NASDAQ: MRVL) reported fiscal fourth-quarter financial results after markets closed on Thursday. The company posted $0.22 in earnings per share (EPS) and $571 million in revenue versus consensus estimates from Thomson Reuters that called for $0.19 in EPS and $567.64 million in revenue. The same period from last year had $0.11 in EPS and $616.16 million in revenue.
- [By WWW.THESTREET.COM]
For Thursday, watch for Burlington Stores (BURL) and Kroger (KR) , along with AutoDesk (ADSK) and Marvell Technologies (MRVL) . Cramer would be a buyer of all but Kroger, where he’s waiting for the grocery wars to subside.
- [By Lisa Levin]
Marvell Technology Group Ltd. (NASDAQ: MRVL) shares shot up 10 percent to $14.70 after the company reported upbeat Q3 results and announced a $1 billion share buyback.
- [By Chris Neiger]
Specifically, GoPro (NASDAQ:GPRO) and Marvell Technology (NASDAQ:MRVL) caught my eye recently. The two companies are hardly pure-plays in the IoT (there aren’t many of those), but each is betting on the Internet of Things in its own way, and each looks a bit overpriced right now.
- [By Lisa Levin]
Benzinga's newsdesk monitors options activity to notice unusual patterns. These large volume (and often out of the money) trades were initially published intraday in Benzinga Professional . These trades were placed during Friday’s regular session.
stock ratings: MercadoLibre Inc.(MELI)
- [By Danny Vena]
As I have pointed out before, Latin American e-commerce leader Mercadolibre (NASDAQ:MELI)is enjoying some pretty serious demographic and technological tailwinds. With internet, smartphone, and e-commerce penetration far behind comparable adoption in the U.S., these trends will likely continue to drive growth for the foreseeable future. But seeing is believing, right?
- [By Javier Hasse]
“Take Mercadolibre Inc (NASDAQ: MELI), for example. When the stock market fell, they had enough cash in the bank to weather the storm; meanwhile, competitor DeRemate didn’t, and thus ended falling in oblivion. So, the lesson is: money is not a commodity.”
- [By Brian Feroldi, Dan Caplinger, Rich Duprey, Jason Hall, and Jordan Wathen]
So what other companies could potentially grow at a breakneck speed over the next few decades? We asked a team of Fools that very question, and they pickedMercadoLibre (NASDAQ:MELI),WisdomTree Investments(NASDAQ:WETF),Illumina (NASDAQ:ILMN), First Solar (NASDAQ:FSLR), andNVIDIA (NASDAQ:NVDA). Read on to find out why.
stock ratings: Anavex Life Sciences Corp.(AVXL)
- [By WWW.MONEYSHOW.COM]
The lead drug from Anavex Life Sciences (AVXL) — called Anavex 2-73 — has just reported very promising phase 2a results in Alzheimer’s patients at the annual CTAD conference.
stock ratings: Student Transportation Inc(STB)
- [By Jim Robertson]
On Friday, our Under the Radar Moversnewsletter suggested shorting small cap school bus transportation services stockStudent Transportation (NASDAQ: STB):
- [By Monica Gerson]
Student Transportation Inc (NASDAQ: STB) is estimated to post its quarterly earnings at $0.04 per share on revenue of $167.40 million.
Exar Corporation (NYSE: EXAR) is projected to post its quarterly earnings at $0.09 per share on revenue of $38.38 million.
stock ratings: Uni-Pixel, Inc.(UNXL)
- [By Roberto Pedone]
Uni-Pixel (UNXL) manufactures electronic film products using its proprietary manufacturing process, UniBoss. This stock closed up 7.6% to $16.84 in Monday’s trading session.
Monday’s Volume: 1.88 million
Three-Month Average Volume: 1 million
Volume % Change: 108%
From a technical perspective, UNXL bounced sharply higher here right off its 50-day moving average of $15.89 with above-average volume. This stock looks to be forming a double bottom chart pattern at $14.91 to $15.16. If that bottom holds, then shares of UNXL could see a continuation of Monday’s upside action.
Traders should now look for long-biased trades in UNXL as long as it’s trending above $15.16 or $14.91 and then once it sustains a move or close above Monday’s high of $17.53 with volume that hits near or above 1 million shares. If we get that move soon, then UNXL will set up to re-test or possibly take out its next major overhead resistance level at its 200-day moving average of $19.89.
- [By Lisa Levin]
Shares of UniPixel Inc (NASDAQ: UNXL) were down 22 percent to $1.63 after the company announced a public offering of newly issued shares of stock. UniPixel plans to offer 5.35 million shares of its own stock at a public offering price of $1.50 per share with the option for its underwriters to purchase up to an additional 802,500 shares.
- [By Peter Graham]
Small cap sensor film stock UniPixel Inc (NASDAQ: UNXL) is sinking by a double digit percentage in after-hours and pre-market trading after reporting Q4 earnings. The problem for UniPixel is that only a few analysts cover the small cap stock and the bottom line loss was a bit worst than the 10 cent loss they were expecting. The stock also had a slight uptick ahead of earnings:
- [By Peter Graham]
Small cap sensor film stockUniPixel Inc (NASDAQ: UNXL) reportedQ1 2017 earnings after the Thursday market close withshares falling both on Thursday and in afterhours trading. UniPixel is not well covered or known by analysts yet and this can make shares volatile. However and last September, we had suggested a long position in the stock based upon technicals by saying: