Trading Ideas

iRobot Company Overview

In the early days, iRobot developed Genghis™, a robot designed for space exploration. In 1997, the company designed “Sojourner” for Mars exploration due to request from NASA. Since the introduction of its Roomba® robot vacuum cleaner in 2002, iRobot has sold more than 25 million robots and become a leading global consumer robot company with strong revenue growth over the past decade.

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Endeavor Group Holdings files for IPO

The company was established by CEO Ari Emanuel in 1995, and
since then the company has made dozens of acquisitions, including merging with William
Morris Agency (WMA) in 2009 and acquiring IMG in 2014 to form this global
leading entertainment agency Endeavor.

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Good News Shrugged Off: Earnings This Week

In the last week, companies like Walt Disney (DIS), Allergan (AGN), Electronic Arts (EA) and KLA Tencor (KLAC) beat estimates, only to drift or fall. The tepid response comes amid fears about a renewed trade war with China, plus buyer fatigue after four months of solid gains.

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