Last year’s Pixel 5A was a fantastic product, but like the Pixel 4A before it, the phone’s August release didn’t do it any favors. Google’s original A-series budget phones — the Pixel 3A and 3A XL — shipped around the same time as the company’s I/O conference in May, a more sensible mid-year release that gave them more time to shine before the next flagship Pixel arrived. But supply chain issues and remote work challenges pushed both the 4A and 5A deep into the summer. Last… Source link
Read More »Elon Musk Takes 9.2% Stake in Twitter After Hinting at Shake-Up
(Bloomberg) — Elon Musk took a 9.2% stake in Twitter Inc. to become the platform’s biggest shareholder, a week after hinting he might shake up the social media industry. Most Read from Bloomberg Twitter shares surged as much as 27% after Musk’s purchase was revealed Monday in a regulatory filing. The gain marked the stock’s biggest intraday increase since its first day of trading following the company’s 2013 initial public offering. The stake is worth about $2.89 billion, based on… Source link
Read More »Warren Buffett’s favorite stock market indicator isn’t alone in hinting stocks are long overdue for a breather
The stock market is entering the danger zone, according to one often overlooked measure of equities valuation. At its current level of 38 times, the Shiller P/E Ratio is nearing the peak (44 times) seen at the height just before the dot-com bust in 2000, write strategists at SunDial Capital Research. Created by noted Yale professor Robert Shiller, the ratio is seen as better than the traditional P/E ratio as it adjusts for inflation. Historically, a Shiller PE ratio sustained over 25 times… Source link
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