Karma

Pseudonymous personality Shytoshi Kusama shared details about the upcoming “Karma” system, set to be used as a trust identifier for anyone interacting with the Shiba Inu (CRYPTO: SHIB) ecosystem. What Happened: In an X post on Thursday, Kusama shared a recent podcast where they and...

GoPro Inc (NASDAQ: GPRO) is reportedly looking to slash up to 300 jobs, mostly in its drone division. While this has yet to be confirmed, at least one notable analyst cautions investors to move to the sidelines. The Analyst Longbow Research's Joe Wittine downgraded GoPro's stock from...

Holiday season 2016 has come and gone, and GoPro Inc (NASDAQ: GPRO) shareholders must stomach another disappointing earnings report and huge market selloff. GoPro shares were down nearly 10 percent in pre-market trading after the company missed its Q4 revenue number and reported much lower-than-...

Shares of GoPro Inc (NASDAQ: GPRO) gained more than 8 percent Tuesday after Brad Erickson of Pacific Crest became incrementally positive on the company amid a better than expected performance during the Holiday season. According to Erickson's proprietary checks, sales of GoPro's cameras...

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...

GoPro Inc (NASDAQ: GPRO) announced the recall of 2,500 Karma drones due to reports of power failures for less than 10 of the devices sold earlier. JPMorgan’s Paul Coster maintained a Buy rating on the company. Following a meeting with CFO Brian McGee, Coster mentioned that the company...

Shares of GoPro Inc (NASDAQ: GPRO) tumbled about 10 percent Wednesday after the company announced a recall of 2,500 units of brand new drone product called Karma. GoPro announced Tuesday evening it's recalling the approximately 2,500 Karma drones that were purchased by consumers since...

Supply concerns resulted in GoPro Inc (NASDAQ: GPRO) delivering a Q3 miss and reducing its FY 2016 guidance. The new HERO5 cameras and Karma drone have “compelling feature sets and superior branding,” and should become popular as supply constraints ease, Wedbush’s Nick McKay said...

GoPro Inc (NASDAQ: GPRO) unveiled upgrades to its cameras, Hero5 Black and Hero5 Session, as well its Karma drone, more user friendly software through Quik apps, a hand-held gimbal and GoPro Plus services. “The Karma Drone impressed with solid industrial design and build quality. Existing...

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...

GoPro Inc (NASDAQ: GPRO) announced the launch of a subscription software offering, while introducing its first ever drone and refreshing its action camera portfolio with the new HERO5 Session and HERO5 Black. Goldman Sachs’ Simona Jankowski maintained a Neutral rating on the company,...

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...

Shares of Facebook (NASDAQ: FB) rallied nearly 7% on Friday, boosting the social network's market cap by over $2 billion. Since its IPO, Facebook's stock has fallen dramatically. Although the company has an enormous base of users, many have come to doubt that it could successfully monetize its...

In a feat similar to walking all 3,700 miles of the Great Wall of China, Chinese Facebook (NASDAQ: FB) users have found it quite difficult to use the social network in the country. Despite a "Great Firewall" attempt to block web surfers from the site, it appears that Facebook and Twitter still have...