Tag Archives: buying

I’ve had the new iPhone 14 for 2 weeks. I should’ve listened to Steve Jobs’ daughter because I now regret buying it.

I’ve had the new iPhone 14 for 2 weeks. I should’ve listened to Steve Jobs’ daughter because I now regret buying it.

Tim Cook visits an Apple store in New York City on September 16.Kevin Mazur/Getty Images I bought the new iPhone 14 Pro Max the day after it went on sale in Apple stores. I got $640 back by trading in my iPhone 13 Pro Max, but I still had to pay another $780. I was excited about the “Dynamic Island” feature, but I should have listened to Eve Jobs. For the past decade or so, I’ve been one of Apple’s best customers. I’ve bought every new iPhone since I made the switch from a BlackBerry to the… Source link

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China tells state banks to prepare for a massive dollar dump and yuan buying spree as Beijing’s prior interventions have failed to stem its currency’s worst year since 1994

China tells state banks to prepare for a massive dollar dump and yuan buying spree as Beijing’s prior interventions have failed to stem its currency’s worst year since 1994

Chinese President Xi Jinping.Kevin Frayer/Getty Images Reuters reported that China told state-owned banks to get ready to sell dollars and buy yuan in an effort to prop up the local currency. The move could stem the yuan’s fall, as it remains on track for its largest annual loss against the dollar since 1994. A hawkish Fed has pushed the dollar to 20-year highs this year, pressuring currencies around the world. The People’s Bank of China has told major state-run banks to prepare to shed dollar… Source link

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If you consider buying an iPhone or Apple Watch this weekend, stop!

If you consider buying an iPhone or Apple Watch this weekend, stop!

So you’re looking for a new iPhone or Apple Watch and figure Labor Day weekend is the best chance to score some good deals and save a few bucks. Please don’t do that, dear reader. This is the worst time to buy a new Apple (AAPL) device because the company is set to host its annual iPhone event on Sept. 7. The company is widely expected to reveal a slew of new iPhones and Apple Watches. It’s not just that Apple is rolling out new devices in a matter of days. Even if you don’t want to snag… Source link

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Google Is Buying The Thompson Center For $105 Million

Google Is Buying The Thompson Center For $105 Million

CHICAGO — Google will take over the Thompson Center in The Loop, officials announced Wednesday. The tech giant has agreed to buy all of the building for $105 million after it is renovated by other organizations. The Thompson Center will be “entirely redeveloped” into an office suite for Google’s workers as part of the deal, Gov. JB Pritzker said at a news conference. The sale will benefit the company, as well as Illinois taxpayers and Chicagoans, he said. “Google is one of… Source link

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Billionaire Ron Baron Says Recent Market Weakness Offers Huge Buying Opportunity; Here Are 3 Beaten-Down Stocks Analysts Like

Billionaire Ron Baron Says Recent Market Weakness Offers Huge Buying Opportunity; Here Are 3 Beaten-Down Stocks Analysts Like

Last month, the annualized rate of inflation hit 8.6%, the highest in more than 40 years. Last week, in response, the Federal Reserve bumped up its benchmark interest rate by 75 basis points, the largest such hike since 1994. The combination of high inflation and aggressive tightening action by the central bank sent an already jittery stock market to its worst single week since the onset of the COVID crisis, and has economists talking gloomily about a repeat of the late 1970s and early… Source link

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Why ‘buying the dip’ in stocks may not pay off from here: Morning Brief

Why ‘buying the dip’ in stocks may not pay off from here: Morning Brief

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Tuesday, June 14, 2022 Today’s newsletter is by Emily McCormick, a reporter for Yahoo Finance. Follow her on Twitter. Investors ready for a buying opportunity to emerge in these volatile markets may need to keep waiting. And waiting. “U.S. stocks have suffered their biggest year-to-date losses since at least the 1960s. That’s ignited calls to… Source link

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Elon Musk is using a ‘dog ate the homework’ excuse to potentially back out of buying Twitter and there is now a less than 50% chance the deal gets done, Wedbush says

Elon Musk is using a ‘dog ate the homework’ excuse to potentially back out of buying Twitter and there is now a less than 50% chance the deal gets done, Wedbush says

Elon Musk.HANNIBAL HANSCHKE /Getty Images Elon Musk’s excuse about Twitter bots is a way to back out of the deal, Wedbush said. Musk agreed to buy Twitter for $44 billion but could be feeling pressure amid falling Tesla stock. “We view the $44 billion Twitter deal as having less than a 50% [chance] to get done,” Wedbush said. There is now a less than 50% chance that Elon Musk will acquire Twitter for $44 billion, a Monday note from Dan Ives, a Wedbush analyst, said. Musk, who plans to put up a… Source link

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‘More buying of the dip’ seen among retail and institutional investors

‘More buying of the dip’ seen among retail and institutional investors

The S&P 500 (^GSPC) continues to further its 52-week low point as inflation came in hotter than expected for April. CPI rose by 8.3%, down slightly from March’s 8.5% but still above consensus forecasts. In light of the market trough, however, a recent Bank of America (BAC) Global Research report notes that retail and institutional investors continue to “buy the dip.” “More dip-buying: last week, during which the S&P 500 was -0.2%, [private] clients were net buyers of U.S. equities… Source link

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Elon Musk is ‘in over his head’ buying Twitter: Expert

Elon Musk is ‘in over his head’ buying Twitter: Expert

Experts remain mixed on the outlook for the organizational health of Twitter (TWTR) and Tesla (TSLA) following the announcement of Elon Musk’s $44 billion buyout of the social media platform. The deal is expected to close around September to October and will take the company private. However, MIT Initiative on the Digital Economy (IDE) Director Sinan Aral thinks Musk may have bitten off more than he can chew. “In this case, I think that Elon Musk is in over his head this time because… Source link

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