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Toyota Motor Corporation (NYSE:TM) will sign on to the Apollo self-driving platform led by Baidu

By on June 28, 2019 0

Toyota Motor Corporation (NYSE:TM) will sign on to the Apollo self-driving platform led by Chinese internet search provider Baidu, as Beijing bolsters efforts to commercialize the technology amid a growing rivalry with the U.S.,Nikkei has learned. Launched in 2017, Apollo is an open-source platform powered by machine learning that partner companies can use to develop their own self-driving technologies. By using expertise gleaned from the project, Toyota hopes to advance its own development of autonomous vehicles in China.

Toyota Motor Corporation (NYSE:TM), a Consumer Goods sector firm, traded 56020 shares in last trading session with closing price of $123.67 per share. Company gross margin stands at 18.00% whereas its return on investment (ROI) is 4.60%. Stock value has moved between $111.41 – 135.9 in last one year. Analyst’s mean target price for Toyota Motor Corporation (NYSE:TM) is $145.03 while analysts mean recommendation is 1.00. TM EPS growth this year is -22.50%. 

On last trading day, Qudian Inc. (NYSE:QD) shares closed at $7.84 per share. QD market capitalization is 2339.93. Analyst’s mean target price for Qudian Inc. (NYSE:QD) is $8.70 whereas analysts mean recommendation is 2.40. Its weekly performance is -4.51% while year to date (YTD) performance is 82.75%. 

In last session AbbVie Inc. (NYSE:ABBV) traded 22.05 Million shares and was closed at $70.00. Analyst’s mean target price for ABBV is $90.07 while analysts mean recommendation is 2.90. Company is -30.16% away from its 52 week high and is moving 7.60% ahead of its 52 week low. ABBV Gross Margin is 77.30% and its return on assets is 8.70%. AbbVie Inc. (NYSE:ABBV) quarterly performance is -12.46% while its price to sale ratio is 3.17. 

salesforce.com, inc. (NYSE:CRM), a Technology sector firm, traded 6.8 Million shares on last trading day with closing price of $150.69 per share. Company gross margin stands at 74.30% whereas its return on investment (ROI) is 3.80%. Stock value has moved between $113.3 – 167.43 in last one year. Analyst’s mean target price for salesforce.com, inc. (NYSE:CRM) is $182.77 while analysts mean recommendation is 1.70. CRM EPS growth this year is 125.00%. 

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