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Karma Drone Will Be Big This Holiday Season, But Is It A Turning Point For GoPro?
Monday, September 19, 2016 - 11:10am | 418Read More...Shares of GoPro Inc (NASDAQ: GPRO) were trading higher by nearly 4 percent Monday, adding to the more than 45 percent gain the stock has seen over the past three months. Investors have been buying GoPro's stock ahead of its Karma drone release, which is expected to become a must have gadget...
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GoPro Inventory Sell-Through Clears The Way For Critical Holiday Season
Thursday, July 28, 2016 - 12:16pm | 409Read More...GoPro Inc (NASDAQ: GPRO) shares are up 7.6 percent following a big Q2 earnings beat. Barclays analyst Joseph Wolf sees the quarter as solid, but believes this year’s holiday season will tell the true story of GoPro’s future. Wolf noted opex came in a bit higher than expected in Q2, but...
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Screenshots Of Leaked FAA Drone Rule Summary Still Popping Up Online
Tuesday, June 21, 2016 - 1:17pm | 216Read More...The Federal Aviation Administration (FAA) is set to announce a new set of rules and regulations governing the use of drones for business purposes. While the FAA hasn't officially released any new laws and regulations yet, a screenshot of leaked rules has popped up online. Drone Law Journal obtained...
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FAA Drone Rules May Not Include Items On Amazon's Wish List
Monday, June 20, 2016 - 2:37pm | 202Read More...Amazon.com, Inc. (NASDAQ: AMZN) customers shouldn't expect drones to deliver their goods any time soon as the Federal Aviation Administration is set to announce new rules and regulations over how businesses can use drones. The Wall Street Journal reported on Monday the FAA is considering...
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Wal-Mart's Drone Patrol
Thursday, June 2, 2016 - 5:24pm | 213Read More...Taking a page from the Amazon.com, Inc. (NASDAQ: AMZN) playbook, Wal-Mart Stores, Inc. (NYSE: WMT) is developing drones for their supply chain management. The company's VP of Emerging Sciences, Shekar Natarajan, showed off the big box retailer's new distribution center tech in Bentonville...
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Why Is UPS Exploring The Use Of Drones?
Monday, May 9, 2016 - 10:57am | 326Read More...United Parcel Service, Inc. (NYSE: UPS) announced on Monday that its UPS Foundation formed a partnership with Zipline, a California-based robotics company and Gavi, the Vaccine Alliance to jointly explore the use of drones to deliver life-saving medicines, blood and vaccines. The UPS Foundation is...
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Report: Drones Are A Threat To Airline Safety
Monday, April 4, 2016 - 1:28pm | 269Read More...The growing surge in demand for drones is causing a bit of a headache for airports. According to a report by Bloomberg, pilots and air traffic control personnel reported more than 100 drone sightings to the Federal Aviation Administration. The publication added that the FAA received more than 1...
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Drone Fliers, Video Gamers Rejoice: You've Got ETFs
Thursday, March 10, 2016 - 9:23am | 480Read More...In a sign that there are no limits to how focused exchange-traded funds can get, there is now an ETF dedicated to the drone economy. And just for good measure, there is also a video game ETF. The PureFunds Drone Economy Strategy ETF (FactorShares Trust (NYSE: IFLY)) and the PureFunds Video Game...
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Drones Won't Save GoPro
Wednesday, March 9, 2016 - 12:18pm | 519Read More...There has been plenty of talk about the Drone market being the next leg of growth for GoPro Inc (NASDAQ: GPRO), but Detwiler Fenton analyst Alex Arnold feels otherwise. This is also a negative read-through for key GoPro supplier Ambarella Inc (NASDAQ: AMBA). Falling Behind "Note that...
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Xiaomi Could Consider A Consumer Drone, Report Says
Thursday, February 18, 2016 - 12:46pm | 243Read More...China-based Xiaomi is expected to release a consumer drone with a 350 mm rotor-to-rotor distance, according to Marbridge Consulting. The report noted that Xiaomi could announced its drone at the same time the company reveals its Mi 5 smartphone. The drone is expected to be an entry-level aerial...
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IDC: Camera Drone Shipments In China Will Surge To 3 Million Units In 2019 From Just 390,000 Units In 2016
Tuesday, February 16, 2016 - 8:31am | 205Read More...Camera drone shipments are expected to surge over the coming years to three million units in 2019 from just 390,000 units in 2016, according to a report by the IDC. According to the IDC data, noted that camera drones are becoming increasingly popular in China and will experience a compounded...
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Has GoPro Reached Rock Bottom Yet?
Wednesday, February 3, 2016 - 9:50am | 482Read More...GoPro Inc (NASDAQ: GPRO) has been a closely watched stock for bargain hunters as the company's shares have fallen nearly 80 percent over the past year. Trading just over $10 per share, the action-camera maker's stock could be a money maker if the firm is able to recover from a difficult 2015....
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Could 2016 Be The Year Of Drone Deliveries?
Wednesday, December 30, 2015 - 2:37pm | 532Read More...Drones have been a hot topic so far this year, as more companies argue that the unmanned aircraft would have a tremendous impact on their operations. The increased focus on drone usage has caused many to wonder whether 2016 could be the year that drone deliveries are finally made possible....
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CES 2016 Expected To Be Huge For Drones, Virtual Reality And Wearables
Monday, December 28, 2015 - 12:25pm | 444Read More...This year’s CES kicks off next week in Las Vegas. FBR expects that virtual reality, drones and wearables will be key themes at this year’s show. The firm expects that device integration will be a primary focus of the next wave of wearable software. Next week, FBR & Co...
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FAA: Unregistered Drones Could Soon Mean Jail Time
Monday, December 14, 2015 - 12:41pm | 421Read More...U.S. drone operators must register their drones by February 16, 2016. Violators will soon face stiff fines and potential jail time for unregistered drones. Retailers are expecting drones to be a popular gift this holiday season. One of the hottest holiday gifts this year is reportedly drones....













