When Google launched its first Pixel phone, we all assumed it would be the iPhone’s biggest competitor. It didn’t quite work out that way. The Pixel has yet to break out among Android’s biggest selling phones and launches have been plagued with numerous bugs and issues. That might change with the upcoming Pixel 6. A new report from 9to5Google says that the Pixel 6 will use Google’s first system-on-chip, codenamed “GS101” Whitechapel. The Pixel would then be one of the only… Source link
Read More »China’s biggest car brand to launch rival to Tesla
The first Zeekr model will be based on the “Zero Concept” car unveiled last September by Geely-owned Lynk & Co. China’s biggest carmaker Geely is launching a premium electric car brand it hopes will take on Tesla. The Chinese company, which owns Volvo and Lotus, announced its Zeekr brand on Tuesday to tap into China’s demand for electric vehicles (EVs). It comes as Elon Musk goes on the charm offensive in China praising its plans to tackle carbon emissions. The Tesla founder has seeking to allay… Source link
Read More »Retirement expert reveals the two biggest mistakes people make
Benzinga How Anyone at Any Age Can Retire by 2030 Is it really necessary to spend 40 or 50 years of your life working? It’s a question that many have started asking themselves. Learn more about how you can retire by 2030, whether you’re 30, 40, 50 or 60. Make decisions now. You need at least 70% to 80% of your preretirement income after you retire. Starting from $0 right this minute? You’re not alone. The Employee Benefits Research Institute reports that 37% of all employees age 35 to 44 and… Source link
Read More »COVID-19 is no longer the biggest tail risk: BofA fund manager survey
Institutional investors no longer view the COVID-19 pandemic as the No. 1 tail risk, according to the latest Bank of America (BofA) survey of global fund managers, an important gauge of sentiment on Wall Street. Since COVID-19 became a global pandemic a year ago, the virus has dominated the rankings as the top tail risk by fund managers. For the first time since February 2020, COVID-19 is no longer in the top spot. These days, investors consider the biggest tail risks to be higher than… Source link
Read More »Firm Behind Biggest Bitcoin Trust Is Hiring Entire ETF Team
(Bloomberg) — Grayscale Investments is making a bet that the approval of a U.S. cryptocurrency ETF is not too far off in the future. The digital-asset management firm has posted at least nine ETF-related positions to LinkedIn, signaling it is anticipating a green light from the Securities and Exchange Commission for a crypto ETF — a goal that has eluded U.S. funds for years. “The race to launch the first Bitcoin ETF is heating up,” said Todd Rosenbluth, director of ETF research for CFRA… Source link
Read More »China’s Plan for Digital Yuan Imperils Bitcoin’s Biggest Markets
(Bloomberg) — Trouble may be brewing in China for Bitcoin’s raucous and divisive rally as the nation pushes ahead with a world-leading effort to create a digital version of its currency. That’s because the eventual rollout of the virtual yuan could roil cryptocurrency markets if Chinese officials tighten regulations at the same time, according to Phillip Gillespie, chief executive of crypto market maker and liquidity provider B2C2 Japan, which mainly works with institutional… Source link
Read More »Apple’s biggest mistake was not buying Netflix: Dan Ives
Apple (AAPL) has spent the past 30 years hitting a lot of home runs. It launched everything from the iMac to the iPod to the iPhone, to the iPad, Apple Watch, and AirPods. What’s more, it’s pushed deeper into recurring revenue businesses with its AppleCare, Apple Music, and Apple TV+. But according to Wedbush analyst Dan Ives, the tech titan has made one major misstep: not buying Netflix (NFLX). Ives, who has an outperform rating on Apple’s stock, said that doing so would have put the… Source link
Read More »One of Bitcoin’s biggest strengths could also present its biggest risk
The enthusiasm over bitcoin’s rise this year has fed on itself, drawing in new investors and sending the price ever higher. But that enthusiasm — ebullience, even — may also present the cryptocurrency’s current biggest risk. Part, if not all, of bitcoin’s (BTC-USD) appeal for many investors is that it’s seen as a store of value. That is, it has value because it’s perceived to have value. While longtime bitcoin buyers may believe the cryptocurrency will become a valid alternative currency,… Source link
Read More »Apple becomes world’s biggest smartphone seller with record shipments
Bloomberg Hedge-Fund Titans Lose Billions to Reddit Traders Running Amok (Bloomberg) — For once, Main Street is beating Wall Street.In a matter of weeks, two hedge-fund legends — Steve Cohen and Dan Sundheim — have suffered bruising losses as amateur traders banded together to take on some of the world’s most sophisticated investors. In Cohen’s case, he and Ken Griffin ended up rushing to the aid of a third, Gabe Plotkin, whose firm was getting beaten down.Driven by the frenzied trading… Source link
Read More »Suze Orman says these are Americans’ biggest money blunders
Suze Orman says these are Americans’ biggest money blunders Best-selling personal finance author and TV personality Suze Orman has been inspiring Americans for decades to make better money moves and avoid serious financial mistakes. She’s been as busy as ever in 2020, providing consumers with advice on how to weather the coronavirus crisis. In times of hardship and prosperity, Orman will be the first to tell you that what you don’t do with your money may be even more important than what you do… Source link
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