Cruise control will have a whole new meaning as companies like Google move toward a new tech reality.
By Julie Halpert
Once only seen on futuristic television shows like "The Jetsons," self-driving cars could park themselves in your garage – and do a whole lot more – sooner than you think.
As automakers begin to equip cars with technologies that take control from the driver, it's not unrealistic to expect self-driving cars to hit the market within the next decade. The state of Nevada recently granted Google (GOOG) a license to test its self-driving car on public streets. This week, the Department of Transportation will kick off a program to pilot-test 2,800 connected vehicles in Ann Arbor with communication devices that allow them to talk to each other and avert accidents on their own. A recent report by The Center for Automotive Research and KPMG concludes that self-driving cars for consumers are inevitable – it only depends on how quickly the country can adopt the technology and infrastructure.
The PC maker is set to deliver its quarterly results after the bell amid growing concerns about its ability to withstand a cautious spending climate.
By James Rogers
Dell (DELL) reports its second-quarter results after market close on Tuesday amid growing concerns about its ability to withstand a cautious spending climate.
Chip giant Intel (INTC), for example, recently lowered its full-year guidance to reflect a challenging macroeconomic environment and a host of other companies, including Texas Instrument (TXN), have highlighted cautious spending.
With expectations that a new iPhone and iPad will be unveiled next month, how has the stock performed leading up to previous product announcements?
Apple (AAPL) is widely expected to announce a new iPhone and perhaps a new iPad next month. Historically, shares have run up into a product announcement, and it looks as if this time is no different.
Courtesy of Sanford Bernstein, is a chart showing how Apple shares have done into a product release.
The Netflix CEO is a Facebook insider. Don't ignore his $1 million expenditure.
By Rocco Pendola
Last week, Netflix (NFLX) CEO Reed Hastings purchased $1 million worth of Facebook (FB) stock. At right around the same time, I invested just over $2,000 in FB, upping my share total to a modest 103, a mere fraction of Hastings' 48,000-or-so buy.
It took me a few days to digest the development -- I moved with the big money, independent of the big money. Often, small investors act on what the big money does after the big money does it. Consider how, quarter after quarter, we relay news of the stocks hedge funds bought and sold. Readers can't get enough of it.
Demanding investors can do more harm than good to the visionary companies they support.
Many investors bring a mindset typical of our tap-the-touchscreen-and-it-appears society into their long-term stock positions. Despite feeling entitled by years of waiting around, you cannot expect instant gratification, particularly when a company requires drastic change just to stay alive.
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[BRIEFING.COM] At midday, the major averages trade in mixed fashion. The Nasdaq (+0.1%) hovers just above its flat line while the Dow Jones Industrial Average (-0.2%) and S&P 500 (-0.1%) display modest losses after making a brief appearance in positive territory.
Equity indices began the day on the defensive, but were quick to notch their lows before turning around and heading back to their flat lines. The early weakness took place amid cautious action in Europe where the major ... More
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