Month: April 2021

Game Technology Clears Key Benchmark, Hitting 80-Plus RS Rating

Game Technology (IGT) had its Relative Strength (RS) Rating upgraded from 79 to 82 Wednesday.




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When you’re researching the best stocks to buy and watch, keep a close on eye on relative price strength.

IBD’s unique rating measures market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock’s price behavior over the last 52 weeks compares to all the other stocks in our database.

Over 100 years of market history reveals that the top-performing stocks tend to have an RS Rating north of 80 as they begin their biggest climbs.


Looking For The

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Xpeng to Debut Smart EV With Lidar Technology

Xpeng  (XPEV) – Get Report will debut the Xpeng P5 smart sedan on Wednesday, which the Chinese electrical vehicle maker said is the world’s first mass-produced smart EV equipped with automotive-grade LiDAR technology.

Shares were climbing 3.4% to $35.63 on Monday.

The Xpeng P5 is the company’s third production model. LiDAR, or light detection and ranging, is a system that helps provide vision for autonomous vehicles.

The system will be powered by Xpeng’s full-stack in-house developed autonomous driving system XPILOT.

The Xpeng P5 will be featured at the Auto Shanghai 2021 on April 19.

In March, Xpeng reported

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Quantum technology emerges from the lab to spark a mini startup boom

Forty years after the renowned physicist Richard Feynman floated the idea for a quantum computer, the technology is starting to seep out of academic labs and into the real world.

Several companies are making progress developing quantum computers and are selling access to the machines via the cloud. Software ventures are cropping up to write programs for the powerful new computers. And on Wednesday, the University of Chicago and partners launched the nation’s first program to support quantum-tech startups.

Quantum technology seeks to harness the peculiar laws of quantum mechanics to build more powerful tools for processing information. Quantum computers

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AB InBev, Werner Enterprises to test Embark autonomous trucks

Embark technology brings driverless systems to trucks made by major manufacturers.

Embark

Embark, a start-up developing driverless truck technology, is partnering with Anheuser-Busch InBev, Werner Enterprises and other major shippers and cargo haulers to make sure that autonomous systems work within the growing ground freight industry.

The start-up’s development partners get early access to the company’s software and services, according to Embark CEO and co-founder Alex Rodrigues. Embark will soak up the logistics giants’ operational expertise, and prioritize developing features requested by their companies and drivers.

When Embark started around 2016, it set out to develop fully autonomous trucks that

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5 ETFs Leading the Way

After witnessing wild swings for a month, the technology sector regained momentum last week on enthusiasm over rapid economic growth. This is especially true given that the ultra-popular tech ETF — Select Sector SPDR Technology ETF XLK — has gained 4.2% in a week compared to the gains of 2.6% for the broad market fund SPDR S&P 500 ETF Trust SPY.

The combination of rapid COVID-19 vaccinations, progress on vaccines, and an unprecedented stimulus has been bolstering investors’ confidence. Additionally, the latest bouts of data suggest good times ahead for the economy. A measure of U.S. manufacturing activity soared to

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