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Shares of Walmart rose 0.5% in premarket trading on Wednesday.
3. -- Apple Inc. (AAPL) has scrapped the idea of an Apple-branded autonomous vehicle and is instead working on the underlying technology that allows a car to drive itself, the New York Times reported. To that end, the company is developing a self-driving shuttle service that ferries employees from one Apple building to another, said sources.
The shuttle likely will be a commercial vehicle from an automaker and Apple will use it to test the autonomous driving technology that it develops, according to the Times.
Apple's testing vehicles will carry employees between its various Silicon Valley offices. The new effort is called PAIL, short for Palo Alto to Infinite Loop, the address of the company's main office in Cupertino, Calif. The company's in-house shuttle service isn't operational yet.
4. -- The Galaxy Note 8 from Samsung Electronics Co. (SSNLF) , will be unveiled Wednesday at 11 a.m. in New York.
The Note series is best known for its larger screen size and for having a stylus. When the first Note phone was released in 2011, it had a 5.3-inch display which was considered comically large at the time. But that phone ended up starting a trend for larger-sized smartphones with maximum screen space, according to Jackdaw Research chief analyst Jan Dawson.
The Note 8 is also expected to debut a new camera that is supposed to be even better than the highly praised camera on the Galaxy S8, which was released in April.Samsung's Galaxy Note 8 to Be Unveiled Wednesday - Here's What You Need to Know
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