Automation

Shares of iRobot Corporation (NASDAQ: IRBT) were rising sharply Wednesday morning after the Roomba maker's second-quarter print was released after the close Tuesday.  What Happened The company reported Q2 earnings per share of 37 cents compared to 27 cents per share last...

Smartsheet Inc (NYSE: SMAR), a cloud-based collaboration platform that makes it easier for businesses to plan, track and automate work at scale, saw its shares trade on a public exchange in late April for the first time. Now that the quiet period has ended, some of the Street's top analysts are...

Control4 Corp (NASDAQ: CTRL) stock has lost more than 15 percent since the start of 2018, but one Wall Street analyst said the upside case applies, as the home automation provider's management has a "firm hand on the wheel." The Analyst Imperial Capital's Jeff Kessler upgraded...

Teradyne, Inc. (NYSE: TER), a supplier of automation equipment for test and industrial applications, has seen its stock soar more than 70 percent since 2017 began, prompting at least one investor to call an end to the rally. The Analyst Deutsche Bank's Sidney Ho downgraded Teradyne's...

With the emergence of 3-D holographic engine models and windshield-projected driving directions, industry as we know it is being upended. Technology is enabling technology that produces technology, yielding a new paradigm. “We are moving from a place to a pace,” Howard Heppelmann,...

Beware the sirens. Apple Inc. (NASDAQ: AAPL)’s Siri and Amazon.com, Inc. (NASDAQ: AMZN)’s Alexa are quieting concerns over robot integration and winning consumers’ welcome. A proliferation of digital assistants corresponded with a marginal increase in American comfort with robots...

The path toward an initial public offering is long, complex and time consuming. In fact, bankers at Goldman Sachs Group Inc (NYSE: GS) completes no less than 127 steps for each deal, but the firm recently took a look at how many of these steps can be handled through automation. The answer so far is...

Alibaba Group Holding Ltd (NYSE: BABA)'s chairman Jack Ma has a dire warning for the world: Expect "much more pain than happiness" over the next three decades. According to a Bloomberg report, Ma is making the case that robotics and automation will change the entire structure of today's society....

• Cowen & Co sees durable, secular trends in automation spending. • The report names four megatrends in the industry that support its thesis. • Cowen has initiated coverage on five stocks in the space. Cowen & Co has initiated coverage on five Process Control and...

Labor costs accounts for 20–30 percent of total manufacturing costs for several footwear and apparel manufacturers. Annual wage hikes of 10-15 percent have pushed manufacturers out of China and into other cheaper labor countries like Vietnam. Macquarie Capital analysts noted that labor costs...

Investors may want to consider adding exposure to leading firms within the Automation sector. Credit Suisse analysts suggested investors buy Dassault Systemes S.A. (ADR) (OTC: DASTY), SCHNEIDER ELECTRIC (OTC: SBGSF), SMC Corp (OR) (OTC: SMECF) and YASKAWA ELECTRIC COR (OTC: YASKF). All four names...

The Associated Press made a historic announcement this week that it would be using automation technology to write company earnings reports. Many are asserting that this decision indicates that another middle-class job is being replaced by technology, that writers will soon be taken...

The Associated Press announced Monday that it will begin using automated technology to write company earnings reports next month. A vast amount of reporters' time and resources is spent on producing approximately 300 earnings reports each quarter, AP Managing Editor Lou Ferrera said in a...