Tag Archives: bbry

Could Tesla, Google Or Apple Be BlackBerry’s Future?

BlackBerry (BBRY) is pulling out all the stops in its turnaround strategy, with CEO John Chen saying that he’d embrace working with Tesla Motors (TSLA), Apple (AAPL) or Alphabet (GOOGL) on advanced auto technology. On Friday morning, BlackBerry reported third quarter earnings that topped expectations, sending its stock jumping to a six-month high. BlackBerry closed Friday at 8.61, up 10.4%. The results showed that BlackBerry was making progress on

Luxoft, BlackBerry Team To Make Cars Semiautonomous

Software developer Luxoft Holding (LXFT) and QNX Software Systems, a unit of troubled BlackBerry (BBRY), said Tuesday that they’ve formed a tech partnership to incorporate Luxoft’s computer vision algorithms into QNX’s automotive systems. They said that the combination “can enable semiautonomous driving.” QNX already has its tech in 60 million vehicles. Investors reacted quickly, driving Luxoft shares up 1.6% and BlackBerry up 2.8% in early

4 Big Name Tech Stocks Initiated: Buy Which Ones?

GoPro (GPRO), Apple (AAPL), Fitbit (FIT) and BlackBerry (BBRY) are four big-name consumer tech stocks that have been initiated by Sterne Agee CRT. Here’s a breakdown of which ones are seen as buys and why: Apple was initiated with a buy rating. The analyst notes that Apple has a recurring revenue model, since current Apple product users are big drivers of demand for new products. That opens up the possibility for a subscription to the Apple