Tag Archives: tech special report

Ambarella Earnings, Outlook Boom On GoPro, Cop Cams

Video technology chipmaker Ambarella crushed third-quarter earnings estimates and gave bullish sales guidance late Thursday, as it benefits from a booming market for action cameras and the prospects for a huge potential market for cop cameras. The Santa Clara, Calif.-based firm, which supplies chips to action-camera maker GoPro (GPRO), reported Q3 earnings per share excluding items of 68 cents, up 84% from a year earlier. Sales

Cyber Monday Sales Sluggish — Why It’s No Big Deal

Cyber Monday used to be a major event for online retailers, but this year it was uneventful as earlier discounts spread consumer shopping over a longer period. The onslaught of advertised Web-based discounts from Amazon.com (AMZN), Best Buy (BBY), Wal-Mart Stores (WMT) and others a week before Thanksgiving Day, Black Friday and Cyber Monday could be the primary reason sales growth on those key online shopping days cooled