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A New Brand Of Inflation Slams This Smartphone Segment
Investor's Business Daily5h agoneutral
A New Brand Of Inflation Slams This Smartphone Segment

Still healing from sticker shock after Apple's latest launch? You may want to look away. A variation on the force driving up even the price of year-old iPhones — to say nothing of $3,000-plus models — is chomping away at budget phones. While high-end iPhones run atop bestseller lists, they're still outnumbered by a vast array of alternatives — from...

When Everything’s Priced at a Premium, Where Do Tech Brands Find New Buyers?
The Wall Street Journal1d agobullish
When Everything’s Priced at a Premium, Where Do Tech Brands Find New Buyers?

Smartphone and PC shipments are plummeting, but Apple and Dell are expected to keep revenue climbing. Apple raised prices by hundreds of dollars on some Macs and iPads this summer, Asa Fitch notes for The Wall Street Journal, and is charging more for its latest round of iPhones. The companies may have the competitive and brand position to pull off the increases.

Gadgets Are Going Premium—and Manufacturers Are Raking It In
The Wall Street Journal1d agoneutral
Gadgets Are Going Premium—and Manufacturers Are Raking It In

Apple’s iPhones, for example, are projected by Wall Street analysts to generate 17% more revenue this calendar year, according to FactSet. The main reason for the disconnect between sales and revenue are memory chip prices, which are being driven higher by the AI race.

Meta's New Muse AI App Tops Charts, Draws Strong Reviews
Bloomberg2d agobullishVIDEO
Meta's New Muse AI App Tops Charts, Draws Strong Reviews

Meta Platforms Inc.'s new artificial intelligence agent, Muse, is ranked the No. 1 free app on the US Apple Inc. iOS App and Google Play stores.Muse was downloaded more than 902,000 times in the six days after Meta introduced it on Sept. 8, and is available for people 18 years and older. Bloomberg's Mandeep Singh joins to discuss.

Why India's Big Tech Companies Are Betting on Hyderabad
Bloomberg4d agoneutralVIDEO
Why India's Big Tech Companies Are Betting on Hyderabad

Hyderabad has spent decades building the talent, infrastructure and business climate to compete with Bangalore, attracting major tech firms while becoming a hub for life sciences. But AI now threatens some of the lower-cost IT work that helped fuel its rise. The test is whether Hyderabad can use its talent base to move from supporting global innovation to creating more of its own. This version corrects a map of India.

Trump takes aim at Warsh after Fed hike
Yahoo Finance Video6d agoneutralVIDEO
Trump takes aim at Warsh after Fed hike

Scott Melker discusses Trump taking aim at Fed Chair Warsh for rate hikes, and what investors need to know about the US Securities and Exchange Commission's (SEC's) decision to bring tokenized stocks to the market. "The Daily Wolf with Scott Melker" airs every day at 12:00 p.m. Tune in for your daily dose of all things crypto.

Berkshire Stock Peaked the Day Before Warren Buffett Said He'd Step Down as CEO
The Wall Street Journal6d agoneutral
Berkshire Stock Peaked the Day Before Warren Buffett Said He'd Step Down as CEO

Warren Buffett’s decision to step down as chairman of Berkshire Hathaway marks the end of an era on Wall Street. The conglomerate’s stock has yet to recover from the all-time high it hit on May 2 last year, the day before Buffett announced his plan to step down as CEO. Since then, Berkshire’s popular Class B shares have slid 5.7%, versus a 34% rise in the S&P 500.

Coinbase Files to List U.S. Single-Stock Perpetual Futures
The Wall Street Journal6d agoneutral
Coinbase Files to List U.S. Single-Stock Perpetual Futures

Coinbase Global said Friday that it has sought regulatory approval to list perpetual futures tied to individual large-cap U.S. stocks. Perpetual futures, known as “perps,” are speculative derivative contracts that never expire, allowing traders to pile on leverage that amplifies their potential gains and losses. Coinbase plans to list perps tied to roughly 50 to 60 popular stocks such as Apple, Microsoft, Tesla and Nvidia.