Tag Archives: Opportunity

In Q1 2022, Meta’s (FB) metaverse business — known as Reality Labs — operated at a loss of nearly $3 billion, causing skepticism in the market about whether the metaverse truly has a place in the digital future. Meta CEO Mark Zuckerberg noted that costs in the present are “laying the groundwork” for this technology to hit the mainstream. In spite of the skepticism, Qualcomm (QCOM) CEO Cristiano Amon agrees that the best has yet to come for metaverse adoption and investment. “It’s… Source link

At the New York Auto Show this week, car fans, journalists, and industry watchers were treated to a feast for the eyes, with all the new car designs and plush interiors on display. Under the skin of these cars, however, is a different beast — and it’s not the engine. It’s all the data these cars generate. McKinsey estimates a car produces around 25 gigabytes of data per hour, which is an astounding amount. And this data is worth big money. “The car has really turned into a modern… Source link

The digital revolution has changed the world in just the last decade and a half, spawning new technologies, new ways of using technologies, and bringing old businesses into the 21st century. Nowhere is this more obvious than in the financial sector. Banking and financial services have benefited enormously from bringing tech into the mix – and their gains have given us a new word to describe it, fintech. 5-star analyst Jeff Cantwell, of Wells Fargo, lays out the upside case for fintech in no… Source link

Gregg Berhalter made the grand proclamation at his very first meeting with the U.S. men’s national team. “We’re on a mission together,” he told two dozen players, some of whom he’ll take to the World Cup this fall. “What we’re looking to do,” he said on that tranquil day in January 2019, “is change the way the world views American soccer.” He was, at the time, the freshly-minted head coach of a program reeling. Stateside approval ratings had hit 21st-century lows. Worldwide… Source link

Selling a much cheaper iPhone may pay off very well financially for Apple (AAPL). “We believe the launch should be a notable tailwind for Apple, which we think could ship >35M units in the phone’s first year. At a blended average selling price of ~$450 or modestly higher given a higher base price, shipments at that volume could generate an additional ~$15-20 billion in annual revenues (approx. ~4-5% of total sales). Assuming standard product operating margins, it could contribute ~25-30… Source link

The NBA is similar to horse racing in that jumping out of the gates to an early lead doesn’t guarantee victory, but it certainly helps. BetMGM offers a wager for every NBA game called “Race To,” where you can bet on which team will be the first to score five points, 10 points, 15 points and so on. I love these types of wagers, so I spent the All-Star break diving into which teams are consistently hitting 10, 20 and 30 points first in their games, and which teams are smart fades (one of which… Source link

Inflation? Oh yeah, I’m old enough to remember. As I’m sure you saw, inflation numbers came out red-hot on Thursday, with prices for the month of January rising at an annualized rate of 7.5%, the highest since February 1982. “This is a big shock to me,” says Jian Yang, professor of finance at University of Colorado. “When I hear that this inflation rate is the highest in 40 years, that really causes some concern about a challenge to the U.S. economy.” So I think it’s worth going… Source link

In his 2022 letter to CEOs, BlackRock (BLK) CEO Larry Fink urged other heads of companies to prepare for and participate in the green transition as part of a broader defense of stakeholder capitalism. “I believe the decarbonizing of the global economy is going to create the greatest investment opportunity of our lifetime,” Fink wrote. “It will also leave behind the companies that don’t adapt, regardless of what industry they are in.” The CEO of the world’s largest asset manager… Source link

The Dow Jones Industrial Average’s (^DJI) worst daily plunge of the year sparked a split among market strategists on wether Friday was a good buying opportunity.  The index closed down more than 900 points, while the broader S&P 500 (^GSPC) average declined 2.27%. Energy, financials and industrial stocks led the markets lower amid concerns of a new COVID variant first detected in southern Africa.  “To the extent this is not as big as Delta was ultimately, then I think maybe it’s a little bit… Source link

Cathie Wood just called this technology the ‘next big frontier’ with a market opportunity of $80 trillion — here are 3 easy ways to invest in it Cathie Wood believes that she’s found the next big thing in investing — and has the data to back it up. “We were assuming that in the next 10 years, artificial intelligence would deliver, in the enterprise software space, a market cap opportunity of $30 trillion,” the star stockpicker said at a Milken Institute conference last month. “Our… Source link