Tag Archives: True

Renowned strategist Tom Lee says inflation could be ‘falling far faster than expected’ — here’s the 1 left-for-dead sector to bet on if that holds true According to Fundstrat’s Tom Lee, rampant inflation may not last much longer. “In the past week, we’ve gotten some data that I think really shows inflation could be falling far faster than expected,” the strategist tells CNBC earlier this month. Lee notes the drop in gasoline prices. He also looks at indices that are showing signs… Source link

The Pixel 6a is Google’s latest mid-range smartphone offering the same chips and performance as its top phones, but in a new, smaller body for a cheaper price. The phone costs £399 ($449/A$749), which is £200 less than the Pixel 6, but offers 80% of what you get with Google’s top models. The 6a looks just like the Pixel 6 hit with a shrink ray, too. It has a flat glass front, stereo speakers, painted aluminium sides and a two-tone back with a camera bar across the top. The 6a is 29g… Source link

(Bloomberg) — Money is leaving every asset class and the exodus is deepening as investors rush out of names like Apple Inc., according to Bank of America Corp. strategists. Most Read from Bloomberg Equities, bonds, cash and gold all saw outflows in the week ended May 11, strategists led by Michael Hartnett wrote in a note, citing EPFR Global data. At $1.1 billion, technology stocks suffered their biggest withdrawals so far this year, second only to financials, which lost $2.6 billion. “The… Source link

It’s always the trivial aspects that blow a story open. That’s the chatter acceptable for the surface-level dinner-table talk or quick “did u c this??” share of a TikTok. Basically, “we talk about the dumbest things,” UConn head coach Geno Auriemma told reporters on Tuesday in Minneapolis ahead of the Final Four. And as with most things Auriemma says, there’s some truth to it if you dig between the rest. Like a realtor gushing about the cute, staged kitchen while the foundation… Source link

Just days after she tearfully left her lucrative and high-profile job as sideline reporter for Sunday Night Football, Michele Tafoya appeared on right-wing media networks to show her true colors. There’s a feeling of repugnance, seeing Tafoya’s recent comments contrasted with the fact that for years she was smiling in the faces of Black coaches and players to mine them for nuggets of information to make sure she looked good in her job, but we’ll set that aside for now. There’s also a familiar… Source link

Then-President Jimmy Carter signed a law in 1978 that changed retirement forever by introducing the 401(k), but one expert believes the benefit is “just now reaching full maturity.” “We’re just now starting to see large numbers of people who may have been covered by a 401(k) over their entire working life,” says Dave Richardson, the head of the TIAA Institute, the research arm of one of the country’s leading providers of retirement plans. The 401(k) has become ubiquitous with an… Source link

The value of each of the two largest cryptocurrencies — bitcoin (BTC-USD) and ethereum (ETH-USD) — fell earlier this week amid an outright ban on cryptocurrency trading in China and indication of forthcoming regulations from the U.S. Securities Exchange Commission.  In general, ethereum prices tend to move in tandem with bitcoin. But the two coins are used for very different purposes that should be taken into account by investors, says Michael Sonnenshein, CEO of Grayscale Investments,… Source link

A board member at VF Corporation reportedly calls Black Lives Matter “the true racists” in leaked emails. Brian van der Brug / Los Angeles Times via Getty Images A board member at VF Corporation reportedly called Black Lives Matter “the true racists.” “I don’t believe in Black Lives Matter,” Veronica Wu reportedly said in emails obtained by Axios. VF Corp is home to brands like Supreme, Vans, Timberland, Dickies, and The North Face. See more stories on Insider’s business page. A Silicon Valley… Source link

Shocked I am, shocked beyond words. A new study from Brigham Young University (BYU) found that a highly-touted smartphone capability claim from both Apple and Google is indeed complete nonsense. The feature, in this case, is Apple’s Night Shift (and Android’s Night Mode), which adjusts a device’s screen to warmer hues, theoretically allowing users to get to sleep faster. BYU detailed the perception, the myth Apple and Google played upon, and then obliterated… Source link

This article is part of the On Tech newsletter. You can sign up here to receive it weekdays. My colleagues wrote about the eye-popping sales numbers coming from America’s technology superstars, including Google, Facebook and Amazon. Their sales and profits this year, in the middle of a pandemic, are truly hard to fathom. It’s so much money, you guys. But these companies also spend gobs of money, which in turn helps them make more money. The ability to spend like crazy — because Big Tech… Source link