Explore how Apple's Services segment is driving growth, achieving new revenue records, and has the potential to generate $164 billion in revenue...
Continue ReadingThe market reaction to generative artificial intelligence over the past year implies that investors already know how this revolution will play out. But not so fast...
Continue ReadingInvest in ProShares Short QQQ ETF for a hedge against Big Tech losses, with a strong dividend yield and daily rebalancing to limit net losses. Read more here...
Continue ReadingA labor group is seeking representation on the Starbucks board, ratcheting up pressure in a battle between the coffee giant and its workers over pay and working conditions. The Strategic Organizing Center—a coalition of labor unions including the Service Employees International Union that owns a small Starbucks stake—is seeking to address what it views as a failure by the board to oversee the company’s treatment of its workers. The group has nominated three director candidates, according to people familiar with the matter, kicking off what is sure to be one of the most closely watched proxy battles in 2024...
Continue Reading(Bloomberg) -- Sonos Inc., best known for its smart speakers and sound bars, will make a long-awaited push into headphones with a model priced upwards of $400 that’s slated to be released as early as April, according to people familiar with the matter. Most Read from BloombergSam Altman, OpenAI Board Open Talks to Negotiate His Possible ReturnBinance Pleads Guilty, Loses CZ, Pays Fines to End Legal WoesOpenAI in ‘Intense Discussions’ to Quell Potential MutinyHigher Interest Rates Are Shattering...
Continue ReadingTim Cook recently talked with pop singer Dua Lipa about how long he thinks his tenure at Apple will be and the iPhone maker’s succession planning...
Continue ReadingJeremy Grantham's 13F portfolio value declined by 2% to $21.17B in Q3 2023. Microsoft, UnitedHealth, Alphabet, J&J, and Meta Platforms are top holdings...
Continue ReadingOpenAI, the company behind ChatGPT, ousted CEO and co-founder Sam Altman in a surprise move Nov. 17...
Continue ReadingOne of the big stories of the year has been the lack of breadth in the performance of the US stock market...
Continue ReadingIf you have an extensive movie collection, you may want to share it with other devices on your home network. Here's how you can use Plex to create your own mini Netflix...
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