March 19, 2017: Mobileye may seek higher offers from other companies according to a report in the NY Post. Source: http://nypost.com/2017/03/18/intels-15b-deal-to-buy-self-driving-car-company-in-jeopardy/
**NOTE Mar 13th: Confirms to be acquired by Intel for $63.54/shr in cash valued at $15.3B; To be accretive to Intel EPS immediately
February 23, 2017: RBC reiterates Mobileye with an Outperform rating and (Read More….)
Autonomous driving is dumb. In my surveys of asking family members and friends, there’s a whole ZERO percent interest in autonomous self-driving cars.
Most Americans don’t even want a chip on a credit card let alone a car that drives itself.
Technology companies think they are smarter than consumers. Tech companies believe that once they (Read More….)
I predict that a Trump win means down for the economy at first, then upward as the US consumer strengthens from domestic job growth.
The down first move in the economy will come from inefficiencies caused by forcing multinational corporations to bring domestic production facilities back to the US or face steep tariffs.
Several traders (Read More….)
We pulled off an incredible victory of getting Donald Trump elected. Congrats guys, we did it. Now the first point of focus is the backward bending Laffer Curve. Thanks to the reckless policies of Democrats and Obama, the national debt is up to almost $20 trillion dollars. The horrible national debt leaves Trump with little (Read More….)
As wages rise, more and more business owners are turning to machines instead of human labor. President Obama and Democrats have spent the last 8 years replacing high-paying jobs in the manufacturing sector with low-paying jobs in the services and health care sectors. But in all fairness, both Republicans and Democrats are to blame for (Read More….)