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How To Invest In Drones

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Drone technology is not only revolutionizing warfare, it is changing how we think about postal and package delivery, communication and travel. Here are 7 Big Companies Making Moves in the Drone Industry.

1. The Boeing Company (NYSE:BA)
You might as well call Boeing “The Air Force Corporation” that’s how closely this company is linked with fighter jet technology.

Boeing has had its fingers in the drone market pie for quite a while, largely for (you guessed it) the U.S. military.

As of late, however, they’ve been testing the hydrogen-powered Phantom Eye drone, which Boeing claims can fly at heights of 65,000 feet for up to four days without needing to refuel.
Having nearly tripled its net profits over the past five years, Boeing will only continue to profit and expand with its foray into drones and higher-tech modern warfare technology.

2. General Atomics
The creator of the Predator drone, this San Diego-based property is at the forefront of drone technology. First deployed in the Balkan Wars of the 1990’s, the Predator has since been used in Afghanistan, Pakistan, Iraq, Yemen, Libya, Somalia, Iran and the Philippines.

The company recently signed a deal to supply $197 million worth of drones to the United Arab Emirates and though it is privately held it is also a great barometer for the market. Watch it closely.

Increased General Atomics activity is a great buy sign for the rest of the sector.

drone-infographic

3. Lockheed Martin Corporation (NYSE:LMT)
Lockheed Martin is a drone-tech giant, much like Boeing. It also has a competing drone called the Stalker — that can also stay in the air for days at a time. The company’s revenues are hovering around the $50 Billion mark and as the insider’s joke goes, “Lockheed bonds are a safer bet than U.S. Treasuries.”

If you stop to think about it, it’s not that much of a joke.

4. Northrop Grumman (NYSE:NOC)
Northrop is celebrating only its 20th anniversary in business. In spite of being the new kid on the block, NOC has rapidly risen towards the top of the military hardware supply business.

In 2012, the company sold $1.2 billion worth of drones to South Korea, but revenue has dropped from $26 Billion to $24 Billion over the past two years.

This may seem like a problem, but may actually signal a good buying opportunity with the impending explosion of the drone market.

Predator_Reaper_June_20145. AeroVironment, Inc. (NASDAQ:AVAV)
The infamous “Hummingbird Drone” ordered directly by the Pentagon is the prize of the AeroVironment company portfolio.

What makes the Hummingbird so unique is that in spite of being small, it is deadly accurate thanks to a tiny camera that can follow the targets every move from tens of thousands of feet above and away.

6. Textron Inc. (NYSE:TXT)
Textron may sound like an iPhone app, but it most definitely is not. Textron’s drones have proven to be of such high performance and quality that the company has actually moved on to building unmanned underwater vehicles for various purposes, such as uncovering underwater explosives and enemy submarines.

auto7. General Dynamics Corporation (NYSE:GD)
General Dynamics is one of the major donors to the Congressional Unmanned Systems Caucus, known as the drone caucus. This should tell you that GD is fully vested into this market.

As the owner of the luxury Gulfstream brand and having created the legendary F-16 fighter, GD is one of the “Founding Fathers” of the airspace industry and will certainly be one of the Top 3 to 5 players in the drone market for decades to come.

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Business

Stocks Just Spiked to Record Highs After China Budged on a Key US Trade Demand

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According to a Fox Business report, China “issued a document to ‘effectively curb’ violations of intellectual property rights such as trademarks and copyrights.” This move is aimed at increasing the chances of a trade deal between the two largest economies. The S&P 500, Dow Jones Industrial Average, and Nasdaq Composite Indexes reached all-time highs after China’s statement.

Adam Phillips, director of portfolio strategy for EP Wealth Advisors, said “I don’t think we would be seeing these types of deals if the outlook for markets and the economy weren’t favorable. This is one additional piece we can look at to see the outlook for markets is a positive one.”

Bloomberg reported that equities climbed across Asia, “led by those in Hong Kong, where local elections brought a landslide victory to pro-democracy candidates. The dollar gained versus the euro and yen.”

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benefits

Andrew Yang Wants You to Make Money Off Your Data by Making it Your Personal Property

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Andrew Yang, 2020 Democratic presidential candidate, plans to regulate the tech industry by prioritizing in giving people the right to own their personal data (“data as a property right”), thus allowing them to make money by sharing it with companies. Currently, companies entirely own users’ data – users do not have much control over it.

Yang said, “our data is now worth more than oil” and gave emphasis to the great amount of data people create and how companies make money over it. “By implementing measures to increase transparency in the data collection and monetization process, individuals can begin to reclaim ownership of what’s theirs,” he said.

He also cited a report saying that the collection and use of Americans’ personal data has become a $198 billion industry. Yang believes that people should have more control over their data, such as being able to see how their data is being used and having the freedom to opt out if they choose.

Yang added that we need politicians “who understand technology and a modern way to regulate it,” as reported by Engadget. “In order to regulate technology effectively, our government needs to understand it. It’s embarrassing to see the ignorance some members of Congress display when talking about technology, and anyone who watched Congress question Mark Zuckerberg is well aware of this,” said Yang.

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Entrepreneurship

Tesla Just Unveiled Its “Cybertruck” With a Price Starting at Only $39,900

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Tesla CEO Elon Musk just unveiled the company’s first electric pickup truck, also known as Cybertruck, at an event in Los Angeles, California. The truck will come in three versions with 250 miles, 300 miles, and 500 miles of range, respectively. And it will start at $39,900, Musk said. The truck won’t be rolling off the assembly line until late 2021, but preorders can be made at tesla.com/cybertruck.

Click Here to Read The Full Story on Engadget!

 

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