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How to Invest in Disruptive Technology Stocks

How to Invest in Disruptive Technology Stocks
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Apple Car Deal Is Now Dead, Say Hyundai And Kia As They Lose $8.5 Billion Market Value

Hyundai and sister brand Kia have confirmed that talks about working with tech-giant Apple on a new car have come to a close, according to Bloomberg.
The news saw $3 billion wiped off Hyundai’s value as share value fell by 6.2 percent, while Kia’s share dropped by 15 percent, resulting in a $5.5 billion loss in market value. However, in regulatory filings made on Monday, both Korean manufactures maintain that they’re in talks with multiple companies with a view of autonomous EV development.
In January, it was widely speculated that Hyundai and Apple may collaborate on a new autonomous EV based on Hyundai Motor Group’s new E-GMP architecture. Rumors were partly spurred on by Hyundai’s own admission to local media that they were talking to Apple, only for the statement to be revised twice hours later. ....

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