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Analyst Sees Revenue Surprise In Ambarella's Xiaomi Deal
Monday, March 30, 2015 - 1:10pm | 260Ambarella Inc (NASDAQ: AMBA)'s deal to supply action camera components to Chinese manufacturer Xiaomi will result in higher than expected revenue, an analyst said Monday. Canaccord's Matt Ramsay raised his target on Ambarella more than 9 percent to $81 and reiterated a Buy rating on the...
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Morningstar Analyst: Apple Needs Continuous Edge To Justify Premium Pricing
Wednesday, March 25, 2015 - 2:06pm | 415Although the new product from Apple Inc. (NASDAQ: AAPL), the Apple Watch, has attracted a lot of media attention, according to some analysts it will at best be a niche product in the portfolio of the company and won't contribute significantly to its earnings in the future. Brian Colello,...
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Is Xiaomi A Threat To GoPro, Apple, Sony... Everyone?
Tuesday, March 24, 2015 - 1:29pm | 718Xiaomi, the world's most valuable tech startup, has been valued at more than $46 billion. According to Bloomberg, its valuation could rise to $100 billion. Why all the fuss? Xiaomi develops a wide range of consumer electronics, including smartphones and GoPro Inc (NASDAQ: GPRO) clones, that...
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Remember Xiaomi? They're At It Again, This Time In TV
Tuesday, March 24, 2015 - 10:56am | 276A few weeks ago, Chinese smartphone company Xiaomi launched a wearable action camera that offers similar features as the GoPro Inc (NASDAQ: GPRO) Hero camera, but retails at half the price. Prior to that, almost a year ago, the company unveiled an Android-powered, 49-inch, 4K smart TV for sale...
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Why This Wall Street Firm Is Cautious On Ambarella
Thursday, March 5, 2015 - 12:35pm | 280Small-cap semiconductors developer Ambarella Inc (NASDAQ: AMBA) has been subject of plenty of discussion recently. The company was put in the spotlight after Chinese smartphone company Xiaomi launched a wearable action camera that offers features that are very similar to those of the GoPro Hero...
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'It's Ambarella's World, We're Just Living In It,' Notes Pacific Crest
Wednesday, March 4, 2015 - 10:53am | 262In a report published Tuesday evening, Pacific Crest analyst Brad Erickson commented that he remains a buyer of Ambarella Inc's (NASDAQ: AMBA) stock as "the bar remains low and out-year earnings are under-appreciated." Erickson wrote that the company's fourth quarter results...
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Morgan Stanley: Ambarella Is Now Worth $65 A Share
Wednesday, March 4, 2015 - 10:14am | 238In a report published Wednesday, Morgan Stanley analyst Joseph Moore suggested commented on Ambarella Inc's (NASDAQ: AMBA) fourth quarter results. Moore noted that the company reported a non-GAAP earnings per share of $0.68 on revenue of $64.7 million, topping his expectations of $0.48 per...
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GoPro Hero Vs. Xiaomi Yi: Do Investors Have Something To Worry About?
Monday, March 2, 2015 - 4:04pm | 561Xiaomi's Yi Action Camera caused quite a stir on Monday. Investors fear that the $64 device will pose a serious threat to GoPro Inc (NASDAQ: GPRO), whose entry-level Hero camera sells for $129.99. At first glance, the Yi sounds like a better deal. It retails for half the price but can shoot...
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Xiaomi's $64 Camera Burns GoPro, But Boosts Ambarella
Monday, March 2, 2015 - 3:18pm | 332GoPro Inc (NASDAQ: GPRO) stock is down more than 4 percent on Monday after Chinese smartphone company Xiaomi launched a wearable action camera that offers similar features as the GoPro Hero camera. The new Yi Action Camera retails at $64, half the price of the GoPro Hero, which is available for...
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Northland Analyst Explains Why Traders Should 'Buy The Dip' At GoPro
Monday, March 2, 2015 - 1:14pm | 229GoPro Inc (NASDAQ: GPRO) was down more than 3 percent at $40.24 on Monday after Chinese smartphone company Xiaomi launched a wearable action camera that offers a lot of the features of GoPro's Hero camera. The new Yi Action Camera retails at $64, half the price of the GoPro Hero, which...
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GoPro Approaches $40 For The First Time Since August 2014
Monday, March 2, 2015 - 12:30pm | 228Joel Elconin is the co-host of Benzinga's #PreMarket Prep, a daily trading idea radio show. GoPro Inc (NASDAQ: GPRO) shares were trading lower by $1.38 (2 percent) at $40.60 in Monday's session. There are two potential catalysts for the decline, which has taken the issue to its lowest...
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Oppenheimer Managing Director: Xiaomi Launching Camera Will 'Put The Kibosh On' GoPro's Strategy For Asia
Friday, February 27, 2015 - 8:07am | 348There are strong rumors that Chinese tech upstart Xiaomi is working on launching an adventure camera, similar to what GoPro Inc (NASDAQ: GPRO) makes. Andrew Uerkwitz, Oppenheimer managing director, was on CNBC recently to discuss what impact those rumors being true will have on GoPro and GoPro...
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Weekly Tech Highlights: Elon Musk's Risky Decision, Google's Snow Problem & Apple Watch Expectations
Saturday, January 17, 2015 - 5:48pm | 825The tech sector was ruled by the auto industry this week, thanks to the North American International Auto Show and the Automotive News World Congress. During the latter event, Tesla Motors Inc (NASDAQ: TSLA) co-founder Elon Musk spoke about his risky decision to start Tesla and SpaceX. Google...
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Xiaomi Puts The Heat On Apple In China, Unveils iPhone 6 Plus Competitor
Friday, January 16, 2015 - 11:52am | 461In a span of three years since its inception, Xiaomi has achieved a feat few could have believed possible. It’s now the world's third-largest smartphone maker behind tech giant Apple Inc. (NASDAQ: AAPL) and Samsung. Related Link: Should Facebook Still Try To Build A Smartphone? The...
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21Vianet Group Spikes Amid $296 Million Investment
Monday, December 1, 2014 - 10:18am | 20321Vianet Group Inc (NASDAQ: VNET) spiked almost 8 percent in the premarket following news of a $296 million investment from Kingsoft, Xiaomi and Temasek According to the company’s press release, “affiliates of Kingsoft Corporation Limited, a leading internet based software developer...