Amid slowing growth in China’s smartphone market, global powerhouse wannabe Xiaomi has launched an online store selling wireless accessories in the U.S., U.K., France and Germany. Apple (AAPL) in Q1 overtook Xiaomi on its home turf. The new Xiaomi website does not yet sell mobile phones to U.S. customers. Initial offerings include headphones, a fitness tracker and power supplies, including iPhone compatible products. Xiaomi slipped to No. 2 in
The IBD 50 is a ranking of leading stocks based on key measures such as earnings and sales growth, profit margins, return on equity and relative price performance during the past 12 months. Here’s a look at five tech-centric IBD 50 stocks with outstanding EPS growth, including Apple (AAPL) supplier Avago Technologies (AVGO): GoPro (GPRO) chip supplier Ambarella (AMBA) , which is currently ranked No. 1 on the IBD 50 list, saw earnings grow 162%
Google (GOOGL) said Friday that some of the company’s prototype self-driving cars will hit the roads this summer around its headquarters in Mountain View, Calif. Google’s announcement that it will accelerate testing follows media reports earlier this week that its self-driving cars have been involved in 11 minor accidents over the past six years as well as industry rumors that tech giant Apple (AAPL) is developing an electric car that could be