Every day, more than 2.5 Quintillion bytes of data is generated. With data being available at that a huge scale, we need systems that analyse the data faster, in order to provide real time responses. Quicker Analysis, Data compression, and storage are few of the most important aspects that companies are competing to optimize. Intel(INTC) announced its strategic, cross-Intel organisation - Artificial Intelligence Products Group(AIPG), post its acquisition of the
In order to stay alive, all businesses in or near the maturity stage have the need foresee the future of the market and quickly adapt to these changes in consumer behaviour and trends. There's an ongoing need to have flexible, growth oriented strategies. A couple of ways to do this is to shift their focus on their new products and scrap old loss making ones, or acquire promising up-and-coming startups.
AI and robotics have slowly and steadily become a ubiquitous part of our everyday lives. Smart phones have become smarter with the advent of personal assistants like Siri. These intelligent machines work, react and learn like humans. They recognise speech and facial patterns, analyse and solve real life problems. Alexa was recently in the news for calling the cops, saving a person from a threatening situation. Robotics and AI are
Yesterday, Spark Therapeutics, Inc (NASDAQ:ONCE) saw a 35% decline. This was due to an increased negative sentiment for the stock. At the American Society of Hematology’s (ASH) annual meeting, ONCE presented rather disappointing data on their trials of their experimental drug to treat Hemophilia-A. Spark’s data showed that though its therapy reduced bleeding, the drug showed smaller increases in levels a clotting protein that patients with hemophilia are missing, as
PayPal(NASDAQ:PYPL) operates in the digital payment space, offering a technology platform that connects merchants and consumers worldwide. PayPal's revenue has risen more than 100% since 2012. Its total payment volume has grown more than 20% per year. PayPal is forging its way forward with new additions. Its P2P payment service Venmo, now has a shopping feature, allowing users to pay for online purchases. It also launched PayPal for Marketplaces, which
Bitauto Holdings Limited(NYSE:BITA) caters to the Internet content, marketing and transaction services of the automotive industry in China. BITA announced a loss of $92.8 Million today and saw a downside of 5% pre-market. It saw a price rise of over 10% in the last two months, and analysts are pretty positive about the stock. Stockal’s Confidence meter has been consistently above 70%. While the net loss has increased yoy
Priceline Inc (NASDAQ:PCLN) fell more than 8% today pre-market, despite beating analyst estimates with EPS of $35.22. However, the earnings guidance by PCLN has been disappointing. It saw an after-market decline of 6.5%, and the decline continues today pre-market as well. Stockal’s Social Media Pulse has been lower than normal, indicating a negative sentiment trend. Travel industry seems to have seen a downfall due to ad wars. PCLN CFO
Last Friday, Qualcomm(NASDAQ:QCOM) closed at $61.81 with a spike of 12.7%. This has been largely news driven. Communications chipmaker Broadcom Ltd had planned announce its bid for Qualcomm Inc. Wall Street Journal and Bloomberg had reported that the bid for QCOM could be more than $100 Million. Broadcom has apparently prepared a $70 per share bid, which QCOM is preparing to fend off, on the note that it’s undervalued.
Starbucks (Nasdaq:SBUX) announced it Q4 revenues yesterday after hours and saw a 5% fall. It’s seeing a further decline today pre-market. It reported revenues of $5.7 Billion, down 0.2% yoy, and an adjusted EPS of $0.55. Though it matched analyst expectations with regard to EPS, it missed on revenue. So far, analysts have been pretty positive about the stock. Stockal’s proprietary Confidence Meter, which gives you an aggregated opinion of select
Wayfair, (NYSE:W)the largest online market for home products, announced its Q3 revenue report. It crashed ~20% pre-market today. It generated net revenue of $1.2Billion, up 39.1% yoy. Though it had a gross profit of $280.3 Million, it generated a GAAP net loss of $76.4 Million, and a net loss per share was $0.65, missed wall street expectations by $0.19. Wayfair’s share price has seen more than 100% growth since January
