The Bot Brief

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

- Victor Hugo

Bots in the News:

Halloween presented the holders of big-cap, high tech shares with significant ‘treats’ of strong performances last week. While there were no double-digit positive performers within the Bot Index, there were numerous plus-five percentage movers. Amazon was the leading gainer with its 8.91% increase. Also, in the 8+% club were NIVIDA Corp. (+8.72%), Palantir Corp. (+8.59%) and Google (+8.18%).

The flying car company Joby Aviation rose 7.50% and Tesla increased 5.27%.

Two companies – Cognex and Zebra Technologies were the only two shares that experienced double-digit declines. Cognex fell 14.40% as the third quarter’s earnings report included management concerns of future guidance. Likewise, a similar trepidation was issued by Zebra’s management that resulted in a 12.81% slide.

Yaskawa Electric declined 7.57%. The company has been faltering with its shareholders recognizing a 27.86% five-year disappointment.

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 materials presented.