News

The Bot Brief

03/16/2025

2 minutes

"There is no force on earth more powerful than an idea whose time has come."

- Victor Hugo

Bots in the News:

Again, it was a strong Friday that kept the market from falling even further than the 2.275% decline which ended the week. The Bot Index faired much worse with its near 4% drop. Within the Index, twenty-two of the thirty stocks were in negative territory. Only two stocks registered any semblance of good results. NVIDIA Corp. reversed its multi-week tumble to gain nearly 8%. NIO Corp. gained 9.62%, although its extremely low price accentuated the percentage increase.

And, about lower priced issues, two lower priced Bot Index components experienced declines which jeopardizes their maintenance within the Index. 3D Systems fell 11.57% to close at $2.60 and iRobot tumbled 47.74% as investors expressed serious concerns about the future viability of the consumer appliance firm. We will review the two firms to determine if they are adding any value to the purpose of the Index’ objective of reflecting the automation industry.

Cognex Corp. fell 7.24% as investors reflected on the three-year decline of 48%. Apple fell 15.75%. Apparently, the old Chicago song, “Where Do We Go From Here” is the new mantra of investors in the premier consumer/technology company’s long term outlook.

Member: American Economic Association, Society of Professional Journalists, United States Press Association. Institute of Chartered Financial Analysts, Robotic Industries Association (now A3 Automation), Member IEEE.

The Bot Brief is a weekly newsletter designed for economists, investment specialists, journalists, and academicians. It receives no remuneration from any company that may from time to time be featured in the brief and its commentaries, analysis, opinions, and research represent the subjective view of Balcones Investment Research, LLC. Due to the complex and rapidly changing nature of the subject matter, the company makes no assurances as to the absolute accuracy of the material presented.