William Patalon III
Vuzix Corp. (Nasdaq: VUZI) – the “augmented reality” company whose shares more than doubled following our September 2015 recommendation – said that its new “smart glasses” were just honored with a “Wearable Device of the Year” award.
Vuzix made the announcement earlier today. We’re sharing this bit of news....More>>>
Ambarella (NASDAQ:AMBA) is primarily known for supplying image processing SoCs (system on chips) for GoPro’s (NASDAQ:GPRO) action cameras. As a result, Ambarella’s stock often rose and fell with GoPro’s in the past.
But over the past few quarters, Ambarella reduced its dependence on GoPro while increasing its presence in adjacent markets. That’s why Ambarella’s....More>>>
Semiconductor trends are considered to be leading indicators of technology and broader electronics demand. In a wider sense, semiconductor and tech stocks are considered to be leading indicators for the markets in general. A strong rally in the tech sector has pushed many of these companies to new highs, but the Dow and S&P have only recently pulled back from all-time highs. Will this pullback....More>>>
The boss of oil firm BP just took a huge pay cut.
CEO Bob Dudley’s total pay package for 2016 was cut by 40% to $11.6 million, BP said in its annual report.
The reduction follows a rare shareholder revolt last year when 59% voted against Dudley’s 2015 pay and benefits package worth $19.6 million.
Shareholders protested his pay getting bumped up 20% despite....More>>>
Tesla’s non-GAAP hand is filled with aces, even where previously SolarCity reported deuces.
This is a story about how non-GAAP metrics, flexible as they are, can be changed in real time to provide a better-looking picture for the same reality. This is extremely rare, of course, because it’s so obvious.
However, as we will see, it just happened with Tesla (NASDAQ:TSLA),....More>>>