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Drones, solar and apps: It's not your father's sector rotation anymore

Drones, solar and apps: It's not your father's sector rotation anymore

Finance
Many individual investors fail to manage their equity portfolios with an awareness of "sector rotation" — ups and downs in different sectors' performance, stemming from changing economic conditions and inevitable shifts in market favor.Historically, determining which sectors were likely to do well at a given time was basically a function of the economy. Different sectors tended to perform well at different points in the economic growth cycle, from recession to expansion and then back down again, affected variously by such factors as commodity prices, the broad state of corporate earnings, interest-rate shifts and consumer confidence.Some of this wisdom may still apply, but things are much different now, especially regarding consumer sectors. As relentless technological advances change cons
New long range drones expected in 2018

New long range drones expected in 2018

Business
Oct. 10 (UPI) -- General Atomics Aeronautical Systems, Inc. announced Tuesday that the company has officially transitioned its production line from the MQ-1C Gray Eagle to its new long-range variant, the MQ-1C ER Gray Eagle Extended Range.The transition comes after GA-ASI completed the last contracted MQ-1C Gray Eagle unmanned aerial system, which has been delivered to 12 U.S. Army operational units and has accumulated more than 290,000 flight hours.The MQ-1C is the Army's most active kinetic platform and has been a major tool in U.S. counterterrorism strategy since the September 11, 2001, terrorist attacks. The aircraft was upgraded from the original General Atomics MQ-1 Predator, which was used primarily in joint operations between the U.S. Air Force and the Central Intelligence Agency."...
Technologies like A.I., blockchain and drones ‘majorly’ disrupting insurance industry, report says

Technologies like A.I., blockchain and drones ‘majorly’ disrupting insurance industry, report says

Finance
Insurance firms are facing increasing competitive pressure on all fronts due to the emergence of a number of insurance technology (insurtech) start-ups, according to a report.With the integration of technologies like artificial intelligence, blockchain and drones entering the insurance mix, the sector is being forced to rethink its model.The World Insurance Report, published Wednesday by consulting giant Capgemini and non-profit industry body Efma, found that nearly one third (31.4%) of customers relied on insurtech solutions - either exclusively or in combination with an established insurance company."Customers are seeking more digital touch points for convenience, as customers experience in their daily lives that degree of personalization," Keith Webb, vice president at Capgemini and co-...
Pentagon says it has released guidelines for shooting down civilian drones

Pentagon says it has released guidelines for shooting down civilian drones

Business
Aug. 7 (UPI) -- The Department of Defense has approved a policy that allows military bases to shoot down unauthorized drones in their airspace, according to the Pentagon.A Pentagon spokesperson confirmed the policy's existence to UPI but offered no further comment because it is classified. The policy was distributed in the last several weeks in response to growing concern among military commanders."The new guidance does afford the ability to take action to stop these threats and that includes disabling, destroying and tracking," Navy Capt. Jeff Davistold reporters this morning.Davis told reporters the policy had been sent out to military installations in July and covered the rules of engagement concerning private drones.He added that the policy had been coordinated with the Federal Aviatio...