Aiming to go beyond realistic experience and create a real experience on VR, NVIDIA recently unveiled its Iray VR and Iray VR Lite technologies.
NVIDIA is looking to capitalize on VR by upgrading its GPU portfolio. It’s also making efforts to bring a desktop-like gaming experience to laptops.
NVIDIA (NVDA), a popular name among PC gamers, made news at the GTC (GPU Technology Conference) 2016 from April 4 to 7, 2016.
BlackRock pays out a major portion of its profits in dividends. It approved a 5% increase in its quarterly dividend per share to $2.29 for March 2016.
Incyte moved up by 11.6% to close at $81.87 and was trading above its 20-day moving average.
Alnylam’s announcement appears to have excited investors, as the stock went up by 6.8%.
The SPDR S&P Biotech ETF (XBI) witnessed the best trading day year-to-date in terms of gains on April 6, 2016.
With changing auto industry (VCR) dynamics, automakers are trying to explore ways to remain on top in the US auto market.
In 1Q16, Tesla delivered 14,820 vehicles, an increase of 47.5% from the 10,045 vehicles delivered in 1Q15. These deliveries consist of 12,420 Model S and 2,400 Model X vehicles.
Fiat Chrysler’s 1Q16 US sales increased 9% to reach 0.55 million vehicles compared to 0.50 million in 1Q15. The increase was due primarily to growing truck sales.
In 1Q16, General Motors sold 683,000 total vehicles in the United States, about the same as 1Q15. In that quarter, GM’s retail vehicle sales increased 7% from 1Q15 to reach 536,000 vehicles.
The Ford F-150 pickup truck has been the best-selling vehicle in the United States for more than three decades. This shows Ford’s strength in maintaining its leadership.
The US auto industry has seen good times in the past two years. In 2015, US auto sales were at their highest, which boosted the confidence of US automakers.
Owens-Illinois rose by 5.6% to close at $16.33 per share on April 6. Its weekly, monthly, and YTD price movements were 3.8%, 8.5%, and -6.3%, respectively.
Mattel fell 0.51% to close at $32.91 per share on April 6. The stock’s weekly, monthly, and YTD price movements were -2.0%, 0.83%, and 22.7%, respectively.
Fiat Chrysler fell 1.4% to close at $7.26 per share on April 6. Its weekly, monthly, and YTD price movements were -10.9%, -5.4%, and -48.1%, respectively.
Harley-Davidson fell by 7.0% to close at $46.34 per share on April 6. It’s trading 5.5% below its 20-day but 4.5% above its 50-day moving averages.
On April 6, the S&P 500 outperformed the S&P Consumer Staples and the S&P Consumer Discretionary, which had returns of 1.1%, 0.78%, and 0.94%, respectively.
The Asia-Pacific region provides radically different investment opportunities in one region. It will be very hard for another region to provide the diversity of Asia-Pacific.
From a purely net asset value return standpoint, the Wells Fargo Asia Pacific Fund had a poor one-year period until March 31, 2016. But it’s seeing better times in 2016.