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A publication that draws info from Apple's supply chain is moving the goalposts again and is now saying that Face ID under the screen isn't coming until "after 2026."...
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European Union's Digital Markets Act (DMA) regulation, which will hit tech giants in 2024, will ask large-sized messaging apps to be interoperable with other services. However, Apple's iMessage might not have to comply with this as the EU tentatively deduced that the service is not popular enough with business users, according to a report by Bloomberg. While the final decision is not set in stone, Bloomberg's report cited information from people familiar with the matter. Those sources say that t...
Continue ReadingPicking stocks capable of outperforming the broader markets consistently is a tremendously difficult task. A recent study, for example, showed that only 2.39% of stocks are responsible for literally all of the gains of the global equity markets over the past 30 years. This unfavorable dynamic is the core reason why super investors like Warren Buffett, George Soros, and Peter Lynch, who have dramatically outperformed the S&P 500 index over their careers, are revered on Wall Street and Main Street alike...
Continue ReadingThe Magnificent Seven stocks had a great 2023 and played a key role in pushing the S&P 500 and the Nasdaq higher...
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Investors are hoping November's winning ways return to the markets today. After several strong weeks, the Dow (^DJI) and S&P 500 (^GSPC) have hit the brakes the the last few trading days. In Washington, top banking CEOs are set to testify before the Senate Banking Committee today. Expected to testify are the CEOs of Bank of America (BAC), JPMorgan (JPM), Wells Fargo (WFC), Citigroup (C), Goldman Sachs (GS), Morgan Stanley (MS), BNY Mellon (BK), and State Street (STT). Yahoo Finance trending tickers include Bitcoin (BTC-USD), Apple (AAPL), Mastercard (MA), and Tesla (TSLA).Key guests include:9:30 a.m. ET - Ben Laidler, eToro Global Markets Strategist9:40 a.m. ET - Rishi Jaluria, RBC Capital Markets Software Equity Analyst10:15 a.m. ET - Jessica Sibley, TIME CEO11 a.m. ET - Thomas Simons, Jefferies Senior U.S. Economist...
Continue ReadingApple’s back above $3 trillion, Elon Musk’s AI start-up is raising $1 billion, bank CEOs emphasize economic risks of new capital proposals, and other news to start your day...
Continue ReadingUnidentified governments are surveilling smartphone users via their apps' push notifications, a U.S. senator warned on Wednesday. In a letter to the Department of Justice, Senator Ron Wyden said foreign officials were demanding the data from Alphabet's Google and Apple. Apps of all kinds rely on push notifications to alert smartphone users to incoming messages, breaking news, and other updates...
Continue ReadingData from Grand View Research shows global cryptocurrency revenue hit $5 billion last year and is projected to expand at a compound annual growth rate (CAGR) of 12% through 2030. While that growth is not insignificant, it pales in comparison to the artificial intelligence (AI) market's CAGR of 37% for the rest of the decade and value of $137 billion. Excitement over cryptocurrency faltered in recent years as volatility caused pullback from investors...
Continue ReadingInvestors should generally embrace Warren Buffett's investment philosophy, but maybe be a bit more diversified...
Continue ReadingIn this review I take a look at what themes worked well in 2023. Click here for some advice on how to prepare for the upcoming year...
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