Author: c05tkey

February 4, 2021

Apple Reportedly in Talks to Buy Sensors for Self-Driving Cars

Apple (AAPL) – Get Report is negotiating with several sellers of self-driving-car sensors about purchasing their wares, a media report says. Knowledgeable sources told Bloomberg of the talks. The Cupertino, Calif., tech titan for some years has been working on an autonomous-vehicle project, the news service reported. Apple had discussions with Hyundai Motor and its Kia Motors subsidiary about manufacturing electric cars, but those talks […]

January 2, 2021

Alphabet, Tilray, Roku: Latest Upgrades and Downgrades

Alphabet (GOOGL) – Get Report was upgraded to buy from hold by analysts at Loop Capital Markets, who also lifted their price target for shares of the advertising, search and cloud giant to $2,525 from $1,895. Palantir Technologies (PLTR) – Get Report was upgraded to buy from neutral by analysts at Goldman Sachs, who also more than doubled their share-price target for the data-analytics company […]

December 1, 2020

Theme Park Operator Six Flags Rises on Plans for Reopening

Shares of Six Flags (SIX) – Get Report were rising Friday after the theme-park operator said it was preparing to open all its theme parks and waterparks, from February through May. Shares of the Arlington, Texas, company at last check rose 3.9% to $41.59. “Our guests and team members are ready for the return of fun and signature Six Flags thrills in 2021,” Bonnie Weber, […]

November 15, 2020

COVID Not Slowing VC Investment

The COVID-19 pandemic has battered industries around the world, but one sector’s prospects aren’t so bleak: venture capital. Startup backers—and private-equity managers in general—say that half of their portfolio companies haven’t been harmed by the coronavirus that stalled the economy in March, according to two new surveys by Paul A. Gompers, the Eugene Holman Professor of Business Administration at Harvard Business School. Only about 10 […]

October 11, 2020

In the Red: Overdrafts, Payday Lending, and the Underbanked

A novel approach to repaying debt could help consumers free themselves from crushing credit card balances faster, according to new research. Rather than asking borrowers to make payments toward their total balances, Harvard Business School Professor Michael I. Norton and colleagues tested a method that lets consumers choose which purchases to pay off each month. Consumers who used this “repayment-by-purchase” method, on average, paid 12 […]