drones

Dipping, dodging, banking, bumping and the prickly personalities of the ground-bound pilots are featured in the most-ambitious season yet of the startup Drone Racing League, which already finished its second year in reality but is just getting started on Walt Disney Co's (NYSE: DIS) ESPN....

Shares of Ambarella Inc (NASDAQ: AMBA) tumbled nearly 10 percent Wednesday after the company's first-quarter earnings report was overshadowed by a poor guidance. The results prompted Deutsche Bank's Ross Seymore (check out his track record) to maintain a Hold rating on Ambarella's stock...

Snapchat parent company Snap Inc (NYSE: SNAP) acquired drone company Ctrl Me Robotics last year in an under-the-radar, "under $1 million" deal, according to Buzzfeed. News of the deal likely makes GoPro Inc (NASDAQ: GPRO) investors nervous in light of Snap’s decision to rebrand...

Hobbyists had a message for the Federal Aviation Administration: Leave my drone alone. The U.S. Circuit Court of Appeals in Washington, D.C., agreed, ruling on Friday that the FAA’s drone registration rule violates the agency’s own guidelines under the FAA Modernization and Reform Act,...

Investors were not impressed with GoPro Inc (NASDAQ: GPRO) after the company reported its first-quarter results based on the stock's 7-percent decline seen Friday. Andrew Uerkwitz of Oppenheimer maintains a Perform rating on GoPro's stock with no assigned price target following the report. The...

The U.S. deployment of attack drones in the tense Korean theater is a symbol of not only the role unmanned aircraft are playing in the so-called war on terror, but a sign of a rapidly evolving and increasingly competitive defense market dependent on robot warfare. Business, as they say, is booming...

Amazon.com, Inc. (NASDAQ: AMZN) has come to pose a serious challenge to companies spanning across sectors. Even as big box retailers reel under competitive threat from the online retail behemoth, shipping companies are also seeing hard times, as Amazon ups the ante in the shipping arena. Testing...

The U.S. is tiptoeing into a future of autonomous vehicles, but the United Arab Emirates is taking the shift one step further. Dubai will launch passenger drones — essentially flying, pilotless taxis — as early as July. According to a Monday promotional video by the Roads and Transport...

Super Bowl Sunday isn't just a time for some of the world's top athletes to showcase their skills as companies are also looking to impress viewers. One company stealing the spotlight after the big match is Intel Corporation (NASDAQ: INTC), as 300 of the company's drones played a vital role in the...

Baird prefers to remain sidelined on GoPro Inc (NASDAQ: GPRO), as it believes the recent Karma recall raises concerns over the sustainability of strong holiday sales levels into 2017. In September, GoPro released the highly anticipated Karma drone along with the HERO5 cameras. But, the product was...

Many market research firms argue that the drone industry appears poised for growth over the coming years, but taking a closer look at some of the leading companies in the space paints a different picture. According to Gadfly's Leila Abboud, the "once-hyped" drone industry is experiencing a "chill...

Ambarella Inc (NASDAQ: AMBA) could be entering uncertain waters, as the hi-def camera maker GoPro Inc (NASDAQ: GPRO) considers taking on a new supplier. GoPro is considering adding QUALCOMM, Inc. (NASDAQ: QCOM) as a supplier, a source told Benzinga. As recently as November 2016, Ambarella...

Amazon.com, Inc. (NASDAQ: AMZN) CEO Jeff Bezos teased the world three years ago that the company will one day be able to deliver its products through a drone. That day is here. Amazon announced in a blog post that it completed the first every Prime Air Delivery on December 7. Amazon began...

Bank of America Merrill Lynch sees the introduction of Mavic drone by DJI as having minimal impact on its fourth-quarter estimates for GoPro Inc (NASDAQ: GPRO). That said, the firm is of the view that Mavic increases risk to its 2017 estimates due to its competitive size and pricing relative to...

Shares of GoPro Inc (NASDAQ: GPRO) tumbled more than 4 percent Tuesday on concern that its yet-to-be-released drone, Karma, may not stack up compared to the competition. According to Recode, China-based DJI released a new drone Tuesday that is foldable, lightweight and can be operated with just...