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Left Doubles Down On Nvidia Call: Don't Gamble, Stock Got Away Ahead Itself
Friday, June 9, 2017 - 2:12pm | 341Read More...Citron Research's Andrew Left made a bold call on Friday against one of Wall Street's top stocks: NVIDIA Corporation (NASDAQ: NVDA). Nvidia's story of operating in "sexy" markets such as artificial intelligence, data centers, and autonomous driving makes it a "great...
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Why Google Is Tesla's Biggest Competitor
Tuesday, May 23, 2017 - 1:44pm | 397Read More...Should Tesla Inc (NASDAQ: TSLA)'s investors be worried about the automaker's newest competitor, Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL)? According to Morgan Stanley's Adam Jonas, there is reason to be concerned. Jonas commented in a report that Alphabet's autonomous driving unit...
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What The Massive SoftBank Investment 'Vision Fund' Means For Tech
Tuesday, May 23, 2017 - 1:42pm | 965Read More...SoftBank Group Corp (OTC: SFTBF)’s founder and CEO Masayoshi Son plans to make his childhood dreams come true after securing an unparalleled $92 billion in funding for his vision fund. On Monday, SoftBank officially closed the first round of its investment funding, securing investments from...
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Uber's Biggest Rival Just Struck A Deal With Alphabet's Waymo To Explore Self-Driving Cars
Monday, May 15, 2017 - 9:37am | 378Read More...Uber's biggest competitor, Lyft, just scored a big partnership with Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) to explore self-driving cars. As part of the new relationship, Lyft will partner with Alphabet's Waymo unit to explore self-driving pilots as both companies are looking to accelerate...
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4 Big Takeaways From Nvidia's Sell-Side Meeting
Friday, May 12, 2017 - 10:51am | 684Read More...Shares of NVIDIA Corporation (NASDAQ: NVDA) hit a new all-time high of $126.79 on Thursday after the company followed up its first-quarter earnings report with a sell-side analyst meeting that for the most part impressed the Street. Here is a summary of what some of Wall Street's top analysts...
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Understanding Tesla's Need For Fresh Funding As Model 3 Launch Approaches
Saturday, March 18, 2017 - 6:05pm | 933Read More...Electric car maker Tesla Inc (NASDAQ: TSLA) recently announced the launch of a secondary offering. This should come as a no surprise, given that the company is operating in a capital-intensive industry. Why is Tesla in need of the funding at this juncture? Tesla's Take On Recent Financing Round...
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Nvidia's Busy Week In Self-Driving Deals
Friday, March 17, 2017 - 8:40am | 354Read More...Intel Corporation's (NASDAQ: INTC) $15 billion acquisition of Mobileye NV (NYSE: MBLY) gives the company immediate access to the autonomous driving and driver safety markets. But after the acquisition, some analysts argued Intel will have a lot of catching up to do to industry leaders,...
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The Current Legal Minefield In Automated Autos
Sunday, March 5, 2017 - 2:20pm | 703Read More...The players in the self-driving vehicle space aren't exactly securely in the driver's seat, hands firmly on the steering wheel and controlling every move with foresighted precision. Rather, the self-driving space is left to contend with legal hurdles, in addition to the likes of technological and...
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When Will We See Fully Autonomous Vehicles? This Famous Hedge Fund Manager Thinks It Will Take 20 Years
Thursday, March 2, 2017 - 4:09pm | 795Read More...More than half of hedge fund manager and value investor Mohnish Pabrai’s portfolio is composed of shares in General Motors Company (NYSE: GM) and Fiat Chrysler Automobiles NV (NYSE: FCAU). Given his stake in the auto industry, as well as our own cherished stake in the Motor City, Benzinga was...
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Citron's Andrew Left Explains His Latest Trades
Friday, February 24, 2017 - 4:17pm | 573Read More...Citron Research's Andrew Left is doing what every investor should do — take profits off the table when they can. Left initiated a short position in NVIDIA Corporation (NASDAQ: NVDA) in the final trading days of 2016 and confirmed on CNBC's "Halftime Report" segment on Friday that he closed...
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Mobileye Reports Top And Bottom Line Q4 Beat
Wednesday, February 22, 2017 - 10:06am | 340Read More...Shares of Mobileye NV (NYSE: MBLY) were trading up more than 2 percent Wednesday morning after the company reported its fourth quarter results. The developer of mapping and related technologies for advanced driver assistance systems and autonomous driving systems earned $0.22 per share in the...
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Why A Pullback Is Just What Nvidia Needed
Wednesday, January 4, 2017 - 12:21pm | 283Read More...NVIDIA Corporation (NASDAQ: NVDA) was one of 2016's hottest stocks, but after hitting an all-time high of $119.93 in late 2016, the stock briefly dipped below the $100 per share mark on Tuesday. According to Citi's Atif Malik, the approximate $20 per share decline in Nvidia's stock is actually "...
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Mobileye Hits Highest Level In A Month
Thursday, December 29, 2016 - 3:06pm | 498Read More...Shares of Mobileye NV (NYSE: MBLY), an Israel-based developer of computer vision and machine learning technology for advanced driver assistance systems and autonomous driving technologies, soared higher by more than 8 percent on Thursday. Mobileye's stock is still lower by around 10 percent for the...
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1.3 Billion Reasons Why Silicon Valley And Detroit Are No Match For Tesla
Tuesday, December 20, 2016 - 12:08pm | 358Read More...There are 1.3 billion reasons why Detroit's automakers and Silicon Valley's hottest startups can't compete with Elon Musk's Tesla Motors Inc (NASDAQ: TSLA). According to a Bloomberg Technology report,, Tesla has amassed 1.3 billion miles of data from its cars equipped with self-driving technologies...
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Is General Motors Underappreciated As A Disruptor?
Monday, December 12, 2016 - 12:32pm | 300Read More...General Motors Company (NYSE: GM) is not necessarily a company associated with being a "'disruptor," but Brian Johnson of Barclays believes the automaker has earned that title. Disruptor Status In a research report, the analyst highlighted a sell-side event hosted by General Motors' management that...















