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Steady As She Mows

Daniel Chase

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Back in the 1980s, when life was simple and the music was, well, interesting, a movie was released predicting a time in the future where technology would one-day overtake its human creators.  “Terminator,” which starred former Governor of California Arnold Schwarzenegger, posited that in the near future, the very technological framework that we put in place to make our lives easier would rise against us, and initiate a program of genocide.

I apologize, ahead of time, for giving you any reason to think your Amazon Echo is out to get you, I watched far too much science-fiction films growing up. 

Nevertheless, as we embrace the ignorant bliss of automating our lives, tech startups are sprouting up left and right, utilizing artificial intelligence, and other SkyNet-esque technologies to offer products and services to consumers with their eyes on the future.

Whether we want it to or not, the future is pressing onward at an alarming rate. Slowly but surely, we’ve become a throw-away society with rodent-like attention spans, constantly looking for the next piece of technology we can purchase.

It’s a painful existence, and it would seem that living a life like this will result in never being fully satisfied, but if there’s one futuristic threshold worth breaking through, it’s embracing the world of automation. 

The ingenious minds responsible for some of the world’s most innovative tech companies have informed us, over the past few years, of their foray into projects related to self-driving vehicles, drone parcel delivery services, and, as it relates to today’s lesson, robotic lawnmowers. Back in 2016, Robin Autopilot was founded to take the pain out of maintaining a well-kept lawn, an issue that we can all get behind, right? 

“We were trying to find lawn care companies that were reliable, having to pay with cash or checks under doormats. I mean, we’re all tech guys from the 21st century, and it was hard to believe that there’s this $70 billion business that still operates the same way it did 30 years ago…”

Justin Crandall, co-Founder, Robin 

Robin’s automated mowing bots use a magnetometer rather than wireless or IR sensors, and cost roughly $100 – $150, but if that seems expensive, the Company claims that their electric-powered little fellows are eons away from traditional mowers, in terms of sustainability.

According to their website, one hour of mowing with a regular lawnmower emits “as much pollution as eleven hours in your car, and the mower spews 87 lbs. of greenhouse gases into the air each year.” Given that air pollution is one of the world’s most significant environmental health risks, Robin’s catering to consumers interested in living past their forties may serve them well as the Company continues to releases mowers. 

My only fault with Robin Autopilot is that there are millions of Americans who live in dwellings without lawns to maintain, resulting in the creation of a niche market perhaps so specific that it may hinder revenue. In recognition of this, Crandall, the Company’s co-Founder told TechCrunch that there are plenty of homes in need of Robin mowers. 

“In Texas over 90 percent of homes have a fenced in backyard, and even in places like Charlotte and Cleveland it’s roughly 25-30 percent, so technology like this is critical to adoption,” Crandall told me. “We generally dock the robots in the backyard for security. When it’s time to mow the front yard, the robots drive to the door we place in the fence. As it approaches the door, the robot drives over a sensor we place in the ground. That sensor unlocks the door to allow the mower access.”

Justin Crandall, co-Founder, Robin 

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Energy

Saudi’s Minister Has No Plans To Boost Oil Production After Iran Oil Waivers End

Jon Phillip

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oil and gas news

On Wednesday, Saudi Arabia’s Energy minister Khalid al-Falih said that there was no need to immediately increase oil output. This followed the ending of waivers granted by the US to Iranian crude oil buyers. He added that Saudi Arabia will only respond to increase oil output if there is an increase in demand.

The Decision Not To Increase Output Based On Market Fundamentals

The minister said that his decision was based on oil market fundamentals rather than prices and that they still remain focused on stabilizing the global oil market.  Speaking in Riyadh, Falih said that despite the rising of inventories as a result of sanctions on Iran and the situation in Venezuela it was not necessary to have an immediate response to increase oil output.

Last year the US granted Iranian oil buyers exemptions from sanctions but it has tightened the line by deciding not to renew them.  Saudi Arabia intends to remain within its OPEC production limit as well as be intent to its customers. More so those under waivers and those that have seen their waivers withdrawn. 

The minister said that they are not going to pre-empt the same and increase their output. Oil production number for May are set. It had little variations from previous months. Furthermore, crude oil allocations for June will be decided next month.

Oil Prices Have Been Increasing Since November

Since November, Oil prices have increased. This follows the announcement by the US that all waivers on imports of Iranian oil will not be renewed to put pressure on buyers to stop buying oil, from Iran. This ends up tightening global oil supply. 

On Wednesday, Brent Crude futures dropped to trade at $74.18 per barrel. This followed a statement from the International Energy Agency. This indicates that markets are adequately supplied and global production is stable.

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Reviving The Lost Interest In The Gold Mines: McEwen

Joe Samuel

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gold mining stocks to buy

From the viewpoint of a mining executive, a loss in interest in gold mines is being assessed. After dabbling in other activities in the mining sector, firms and companies must switch back to their core activity of finding new gold mines. What could this mean for mining stocks?

Rob McEwen, CEO and Chairman of McEwen Mining (MUX) says, the first few months of the year has brought and encouraged the attention and interest of the investors in the mining of precious metals sector. But, now it is extremely important to bring up some new discoveries and execute some exploration plans in order to give consistency to the investors’ attention.

New Opportunity For Mining Stocks?

He remarks that a new zeal is required to bring enthusiasm to the investors. The current market is in need of some extraordinary news. He even said that there is no lack of money in this sector and that investors just need to work upon it and create shareholder values.

Chairman McEwen commented as the prices of the gold is consistently falling since3-4 months causing damage to the mining sector. Companies like June Gold Futures and VanEck Vectors Gold Minors ETF last traded at $1,273.50/ounce, and $20.92/share respectively and the former went down 0.32% while the latter faced 0.29% fall on the day.

According to McEwen, a few companies are working in this direction to revive the interest in these mines. These companies are Kirkland Lake Gold (its record production) & Great Bear Resources (its active program of exploration) are mentioned by him in this regard.

McEwen, as per his plans, is heading for extensive drilling plans in North America. He introduced that his company is going to invest $17 million at Black Fox Property’s (North Ontario) exploration plans and $5 million at Gold Bar Mine (Nevada).

McEwen believes that such resources are full of potential and can create peerless mines in the world.

McEwen planned for the aforementioned two plans as the world saw a degradation in the production at Gold Bar due to massive snowfall at Nevada. And also, the production at Black Fox was affected as the contactor-run crushing plant was shut down for 6 weeks in February.

Growth Is The Focus

But McEwen is definite to complete its target no matter what. He said the company will fulfill its 2019 target of gold production of 205,000 ounces. In the first 3 months of 2019, he claimed the gold production of 36,166 ounces. This is 18% more than the gold production in the first 3 months of 2018.

McEwen gave a positive statement saying that price and the interest of investor will be gained back soon once the gold mines receive adequate attention. He says that the mining sector is facing a lacuna of sentiments of investors.

He even said that the importance of gold mines could be seen as unlike investors, Central Bank is showing stability in hiking the bank’s gold reserve and continuing to see it as an international currency. So, it is still important for those investors who are seeking protection for their investments.

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Stock Price Top Trending Articles On Thursday, April 25, 2019

Jon Phillip

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New Tech, Strong Management & A Cutting Edge Product

One company that could stand alone in a multi-billion dollar industry seeing incredible growth in 2019. Click Here For Full Report

The United States To Lead The 5G Connectivity Race

In the contemporary world, every succeeding decade talks about the arrival of a new G. And the recent generation of the internet which has covered the front page of several magazines is the 5G. According to the Cellular Telecommunications Industry Association, there is cutthroat competition between the United States and China. See For Yourself, Here.

This Stock is Providing Potential for Huge Opportunity within the Health Care Industry

The most recent global report from the United Nations states that by  2030 the global population will reach 8.6 billion [1]. This predicted growth in global population presents many potential problems. Some of these problems are obvious; shelter, food etc…What about Healthcare? Click Here To See One Company Taking Direct Aim At Disrupting This Market


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