|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||1.5100 - 1.5300|
|52 Week Range||1.2300 - 3.5000|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Chief Global Market Strategist Kristina Hooper of Invesco says she sees opportunity in U.S. and Chinese tech because she expects the “U.S. to capitulate and make concessions around lessening the trade deficit.” Yahoo Finance’s Alexis Christoforous speaks to her.
CNBC's Josh Lipton shows off a foldable phone as competition heats up with Apple. With CNBC's Melissa Lee and the Fast Money traders, Pete Najarian, Tim Seymour, Steve Grasso and Guy Adami.
China's Xiaomi reveals a prototype smartphone with a screen that bends flat in two places -- the first double-folding phone. But it's not the only folding smartphone screen we'll see this year.
Samsung revealed its highly-anticipated Galaxy Fold this week, and it's possible other companies will come out with their own foldable devices at MWC. 5G has been a key theme for the past few years at MWC but many are hoping this year it will go mainstream. Most major tech conferences devote large parts of their agendas to AI, and MWC isn't an exception.
Mobile World Congress, the mobile industry's annual shindig, is next week, butXiaomi can't wait to reveal its newest top-end phone
Xiaomi officially pulled back the curtain on its new Mi 9 in China a few hoursago, but a flashy presentation only ever tells you so much
Xiaomi has officially launched the Mi 9 at an event in China after months of teasers. The triple-camera flagship is powered by Qualcomm's new Snapdragon 855 chip, and is supported by 6 to 8GB of RAM -- depending on which model you get.
Hey, good morning! The other shoe finally dropped on Netflix's remainingMarvel series, and guess who researchers blame for the increase in Flat Earthbelievers?* * *It's over
Xiaomi chief Lei Jun has posted some photos,which look like renders, of the Mi 9 Explorer Edition on Chinese social mediaplatform Weibo
A little more than two months ago, headed into the heart of the holiday shopping season, I cautioned investors that Fitbit (NYSE:FIT) was facing a now or never situation. If FIT stock was ever going to make sustained gains again, the company had to prove its mettle during the fourth quarter of 2018.Little that happened the rest of that month convinced me to change my mind.A key crux of the challenge was, and still is, Fitbit's penchant for aiming at the tough, mid-priced sliver of the smartwatch market, and to some degree the mid-priced fitness tracker market.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * Should You Buy, Sell, Or Hold These 7 Medical Cannabis Stocks? Like most consumer tech, buyers want great value, or lifestyle/aspirational brands like Apple (NASDAQ:AAPL). Working in the middle of the pricing spectrum is tough.Just a few days later, discounting, in some cases, deep discounting, of Fitbit products confirmed my suspicion.If my viewpoint was off-base, we'll know soon enough. Fitbit releases its quarterly numbers on Feb. 25. Just as a suggestion though, fans and owners of FIT stock may want to keep their expectations in check headed into that report. Deep DiscountingJust as a refresher, my chief concern voiced back in December:"… the fact that consumers are still willing to shell out a minimum of $279 for an Apple watch says the right device can still command a premium price. At the other end of the spectrum are sub-$100 smartwatches. They're clearly no Apple device, but they're stunningly cheap and deemed high-tech enough to satisfy the cost-conscious. That leaves Fitbit's Versa in a difficult positions. Priced at $199 apiece, it neither carries the premium Apple name, nor is it the most affordable option for consumers that don't care about labels."Those consumers, it seems, broadly agreed there's not a great deal of demand for a mid-priced option. Less than two weeks later, the Versa's regular retail price of $200 had been lowered to $149 by Amazon. Walmart followed suit a day later.By Dec. 20, some retailers had knocked the price of the Versa down to $90.Even select versions of the Apple SmartWatch saw price cuts a few days in front of Christmas. Its Series 3 device was pared back from a regular price of $309 to $259, and the smaller version of the Series 3, normally priced at $279, could be bought for $229 in mid-December.It's telling, though not necessarily damning. Price competition always ramps up as Christmas approaches.Nevertheless, it's a dynamic that bodes poorly for Fitbit, and by extension, for the value of Fitbit stock. For a few dollars more, consumers could join the much more robust Apple ecosystem of smartwatch apps. For a few bucks less, they could buy an even cheaper, sub-$100 smartwatch from Xiaomi (OTCMKTS:XIACF) that was almost as functional.It should be noted that the price breaks were only temporary, and not necessarily realized by Fitbit for the full quarter.Retailers generally buy inventory outright, paying wholesale prices upfront. Any discounting is ultimately absorbed by the consumer-facing seller.If a retailer finds it's tough to market wares at a profitable price though, direct and indirect pushback ensues. It can (and does) impact subsequent orders. It also forces the manufacturers to lower prices on goods they sell directly to consumers.Both can ultimately lead to crimped margins, which were already shrinking for Fitbit headed into the holiday. The company's third quarter gross margins fell from 45.2% to 40.1% following then-recent launches of the Versa smartwatch and its Charge 3 fitness tracker. It doesn't appear the Versa held onto much pricing power when it needed it most.And yet, even if Fitbit surprises investors, there's still a chance Fitbit stock could be up-ended a few days later. Watch for IDC's Q4 Smartwatch ReportDiscounting isn't the only red flag waving as Fitbit's earnings report nears.Fitbit was the only major smartwatch maker to lose market share during the third quarter of last year. Samsung Electronics (OTCMKTS:SSNLF), Xiaomi and Apple all gained at Fitbit's expense, and though the setback was minimal, it shouldn't have taken shape at all.The Q4 smartwatch market share update from IDC won't likely be posted until early March, well after Fitbit posts its fourth quarter numbers. Nevertheless, it's a report with the potential to move Fitbit stock higher or lower, depending in the interpretation of the data.Given that traders value stocks on a relative as well as an absolute basis, it's certainly conceivable that poor market share numbers -- again -- could work against FIT stock even of the post-earnings response is a bullish one.Somehow though, an encouraging indication for the Fitbit brand from that IDC report isn't apt to unwind a bearish response to the company's news slated for Feb 25. Fitbit has become a "show me" story for many investors. Bottom Line for FIT StockWhile Fitbit is a "show me" name for the time being, it has to be acknowledged the company may have finally found its niche by working with large-scale employers that offer health insurance to its workers.It's called the Inspire, but you won't find it on store shelves. Rather, you'll only get your hands on this particular fitness tracker if your employer wants you to have one, ultimately for the purpose of lowering their tab on offering health benefits.The device is intended to identify health problems early on, and treat them before they become expensive to manage.It's a savvy use of the company's tech, and its brand name.Even so, the institutional market is even less predictable than the consumer market, with sales cycles measured in months rather than weeks. It remains unclear when, or even if, that program will make a dent in sales. It almost certainly won't make a dent in margins, as bulk buyers tend to insist in steep price breaks.However that effort pans out, rough results in the meantime could readily rock FIT stock, and unwind most if not all of the 40% gain claimed from December's lows.Tread lightly here.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about James at his site, jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 9 U.S. Stocks That Are Coming to Life Again * The 7 Best Video Game Stocks to Power Up Your Portfolio! * 5 Tips to Become a Better Stock Trader Compare Brokers The post Keep FIT Stock Expectations in Check Ahead of the Q4 Report appeared first on InvestorPlace.
As if there weren't enough safety concerns surrounding electric scooters , here's a new one. Researchers at mobile security firm Zimperium discovered a bug in the Xiaomi M365 scooter that allows a hacker to remotely access the device. Once the have taken over, the attacker can make the scooter accelerate or brake without the rider's input.
and Tencent Music will be included in stock benchmarks this month, after MSCI parted with rivals by deciding to keep companies with controversial dual-class share structures in its widely-followed indices. companies should be included in indices whose power to direct capital flows has strengthened in the last decade. Dual-class structures have proved popular with US and Chinese entrepreneurs, as the unequal split in voting power allows founders to keep a tight grip on the strategic direction of companies when they go public.
A new smartphone brand called iQoo made its debut on Weibo, China's answer toTwitter, on Tuesday by greeting in English: "Hello, this is iQoo
MSCI Inc. said it will add nine stocks with dual-class shares to its global benchmark MSCI All-Country World Index. Seven of the companies are based in China, while the others are in the U.S., according to a quarterly review dated Feb. 11.
Feb 12 (Reuters) - Xiaomi Corp: * TOTAL SHIPMENT OF REDMI NOTE 7 SMARTPHONE HAS EXCEEDED ONE MILLION UNITS IN MAINLAND CHINA SINCE ITS SALES COMMENCEMENT DATE ON JANUARY 15 Source text for Eikon: Further ...
China's Soocas continues to jostle with global toothbrush giants as it raises200 million yuan ($30 million) in a Series C funding round
Given the recent headlines, Wednesday's post-close earnings report from action camera maker GoPro (NASDAQ:GPRO) should be a good one. CEO Nick Woodman commented in mid-January that for the first time in a long time, the holiday quarter wasn't unexpectedly tripped up. Plus, its Hero7 Black camera launched in early October has received rave reviews. Source: Shutterstock On the flipside, anything less than a solid earnings or revenue beat could lead to another round of devastation for owners of GPRO stock. This is a company that has largely failed to live up to the very hype it helped create. One more letdown could easily be a deathblow to GoPro as we know and love it today. InvestorPlace - Stock Market News, Stock Advice & Trading Tips ### GoPro Earnings Outlook The saga is certainly a dramatic one. From a 2014 IPO price of $24 to a peak of more than $98 a few months later to a record low of $4 in December, GPRO stock has burned nearly everyone who dared touch it for any meaningful length of time. As it turns out, most everyone recognizes the company makes the world's best action cameras. Not everybody wants to own an action camera though. * The 9 Best Stocks to Invest In During a Manic Market Much has been right-sized over the course of the past five years, not the least of which has been investor expectations. But, the company itself has also dialed back its spending on expansion, finally recognizing where its demand limits are. That balance could be close to paying off. For the first time in a long time, analysts are calling for year-over-year sales growth. For its fourth quarter ending in December, the pros are modeling a top line of $368.9 million, up 10.2% from Q4-2017's tally. Better still, smarter expense control and more efficient use of cash should drive a sizeable swing to a profit. After losing 30 cents per share of GPRO stock during the final quarter of 2017, analysts are calling for a per-share profit of 25 cents. That would be the second-best quarter ever for the beleaguered company. The best-ever was the Q4-2014 operating profit of 98 cents per share, when action cameras were new and exciting. ### Possible, But Somehow Unlikely The Hero7 is undeniably the best action camera GoPro or any of its rivals have ever made, but with a similar starting price tag -- $399 -- earlier iterations have sported. It's also likely that buyers of the company's earliest action cameras are finally ready for an upgrade, if not an outright replacement. Woodman's comment "The boogeyman a lot of people were worried would blow up our fourth quarter didn't happen" made last month also served as a sigh of relief. And yet, it's entirely possible ran into a Q4 headwind that wasn't readily seen. A month ago, Investorplace's Ian Bezek opined "…software builds empires, whereas hardware loses traction over time. Software generates huge profit margins, and tends to garner recurring revenue for many years to come. Hardware companies, on the other hand, rarely stay popular for more than a couple years." If he's right (and he is), GoPro's software ambitions aren't panning out quite as hoped. It's anecdotal, but telling all the same. As of December, the GoPro Plus platform (a subscription-based offering that lets GoPro owners store and edit movies and pictures for only $4.99 per month) only had 185,000 customers on board. At the end of January, GoPro sweetened the pot by adding unlimited cloud storage of those digital video and images. The effectiveness of that revamped offer has yet to be measured, but the interpretation is clear … the company isn't drawing much of a crowd on the software front either. Bolstering the concern that Q4 was tougher than it may have seemed on the surface is contrast with plans suggested earlier in the year. In May of 2018, Woodman noted "It's not going to be an overly promotional year for GoPro." In December, prices of its cameras fell between $50 and $100, depending on the version, mirroring some of the company's biggest previous price-breaks. In January, Woodman defended the move by saying "A few million more in promotions is totally in line with what you'd expect a leading consumer brand to do." The messages are a bit mixed, suggesting something unexpectedly changed along the way. ### Looking Ahead for GPRO Stock Even if the fourth-quarter numbers are as strong as predicted, some GPRO stock owners fear the only viable "out" from here is an outright acquisition of the company, primarily for its brand. Thus far, Woodman hasn't been keen on the idea, only suggesting he's "open to a partnership." What such a partnership might look like remains unclear. If the company's fourth-quarter numbers are anything less than expected though -- or if investors are given good reason to doubt this year's sales projection of $1.2 billion and earnings forecast of 26 cents per share of GPRO stock are out of reach -- pressure for some sort of deal could easily swell. Apple (NASDAQ:AAPL) has been named as a possible suitor. So has rival Xiaomi (OTCMKTS:XIACF). Action cameras are marketable, but making them viable and reasonably, consistently profitable likely requires them to be part of a much bigger ecosystem. Apple can offer that, and Xiaomi is at least in a position where it can and would cultivate one. Investors may want to listen for those kinds of clues during and after the earnings call, if the numbers aren't great. As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can follow him on Twitter, at @jbrumley. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Stocks That Won Super Bowl Sunday * 7 High-Yield ETFs for Brave Investors * 10 F-Rated Stocks That Could Break Your Portfolio Compare Brokers The post What GoPro Stock Holders Need to Know Before Earnings appeared first on InvestorPlace.
Samsung's new Galaxy M-series phones have arrived in time to fight its India slump. The M10 and M20 are a couple of entry-level handsets exclusive to the region that will take on Xiaomi and Oppo's popular, sub-$200 offerings. No one expects fireworks at this price, but the phones do bear the distinction of being Samsung's first to come with a notch (a teardrop notch, to be precise, like the one on the OnePlus 6T).
In the last quarter of 2018, the Apple reported selling close to 47 million iPhones worldwide. But the tech giant is still struggling to make a dent in India, where high import duties and price-sensitive consumers have translated to languid sales.
Xiaomi recently revealed a prototype tablet that can fold up into a phone. This is a trend we'll likely see from phone and tablet makers soon, and the software is ready. Samsung, LG, Microsoft and others have announced — or are reportedly working on — new products that bend and fold.
China's Xiaomi has become the latest smartphone maker to tease a folding smartphone, dropping the below video clip of its president and co-founder, Bin Lin, fondling the device on social media today. Excited to share this video of a special Xiaomi smartphone from our President and Co-founder Bin Lin .
Xiaomi truly is working on a foldable phone, company president and co-founder Lin Bin has confirmed in a teaser he posted on Weibo. In the video, you'll see the executive using a tablet-sized gadget -- until he folds its sides and uses it like you would any phone. Bin wrote in his post that the form factor, which "perfectly merges the experience" of a phone and a tablet, is the result of the company's work on foldable displays, folding hinges and other technical challenges.