Apple is increasingly focusing on building its own devices and expanding its ecosystem by taking steps towards a more native experience for users and relying less on third-party accessories. While the Cupertino-based tech giant's HomePod and AppleTV have left quite the mark in the smart home category, it generally relies more on outsourcing cameras and other hardware for smart homes. Now, a new report suggests that the company intends to create a fully integrated experience by developing its own smart home accessories. Gurman hints about Apple working on making smart home products like security cameras for a more integrated experience […]
We’re continuing our Best of Black Friday posts today with a look at the best current deals on power stations and their respective bundle options. Folks across the country and beyond have been steadily investing more and more in the industry for a vari...
Blizzard has announced that two decades after its release, World of Warcraft is finally going to let players build a home and live in it. The feature has long been requested by WoW players and now it’s finally coming in the game’s next expansion.Read m...
Guild Wars 2: Janthir Wilds will receive the Godspawn update, adding a new 50-player boss battle, a new 10-player raid, and a legendary spear. Guild Wars 2: Janthir Wilds is getting the first major update "Godspawn" on November 19th, expanding the story with new story chapters The MMORPG Guild Wars 2 by ArenaNet is receiving its first major update for the Janthir Wilds expansion soon. It's the first of three major updates, and it'll land on November 19. The update will add new content to the game for the players. The Janthir Wilds expansion DLC was released in August this year, […]
OpenAI's Sam Altman, who was working to raise billions of dollars in new investments late last year before an internal revolt resulted in his brief departure and an equally dramatic restoration at the helm of one of the world's leading artificial intelligence companies, has reportedly upped the ante and is now seeking to build a vast network of chip fabrication plants. Back in November 2023, reports emerged that Sam Altman was trying to raise funds in the Middle East for a new venture that would, in due course, aim to subvert NVIDIA's dominance in the field of AI chips. The […]
The burgeoning hype around GLP-1 weight loss drugs as a panacea for the obesity pandemic has propelled Eli Lilly and Company (LLY) shares to previously unimaginable zeniths while leaving Pfizer (PFE), a former darling of the pharma world, in the proverbial dust bowl. One of the most eye-opening charts you'll see right now, this shows Eli Lilly's $LLY price to sales ratio vs Pfizer's $PFE price to sales ratio over time. Lilly is up to 18x versus Pfizer's 2x. The two were roughly the same in early 2021. pic.twitter.com/g9ycAWBEiM — Bespoke (@bespokeinvest) January 19, 2024 As is shown in the […]
Within years of becoming the first company in human history to have flown astronauts to space, SpaceX hasn't looked back since then. The firm sent another complement of astronauts to the International Space Station (ISS) earlier today as the Falcon 9 lifted off from NASA's Kennedy Space Center in Florida with the Ax-3 mission on board. Apart from flying government sponsored and trained astronauts to space, SpaceX's Crew Dragon has also flown private missions. Today's mission was Crew Dragon's fourth private launch to space and the third for Axiom Space on SpaceX's spacecraft. Its launch saw a crew of European […]
While 2023 cannot be marked as a great year for the global semiconductor industry, it did mark a small win for Intel Corporation as it retook the crown from Samsung as the world's biggest chip company. The semi-industry is divided into memory and non-memory companies, and both are equally important for outputting products that power the world's computers and gadgets. Data from Gartner that was released yesterday shows that during 2023, Intel's revenue stood at $48.7 billion, significantly higher than Samsung's $39.9 billion. Intel Navigates Global Semi Revenue Decline Through Diversifying Away From Memory Chips Gartner's report covers revenue from […]
Tesla shares are not partying with the rest of the "Magnificent 7" grouping of high-flying, growth-focused stocks, hammered by the residual fears of persistent demand weakness prompting additional price cuts, which then bleed into the company's all-important gross margin metrics. Consider the fact that the EV giant's shares are down around 13 percent in the first two weeks of 2024. Against this relatively morose backdrop, Elon Musk has now opened a whole new "can of worms" by publicly asking for a 25 percent voting control over Tesla, as per a new investment note from Jeffries. I am uncomfortable growing Tesla […]
Digital World (NASDAQ: DWAC), the Special Purpose Acquisition Company (SPAC) that is slated to take the parent of the Truth Social app - Trump Media and Technology Group (TMTG) - public in a reverse merger deal, continues to pay the price for not adhering to its contract timelines, bogged down as it is by a number of federal investigations. Digital World raised supplemental PIPE investments worth $1 billion back in 2022. These investments were supposed to bolster Truth Social's finances after the consummation of the merger agreement between Trump Media and Technology Group and Digital World. That consummation, however, has […]
Within just a handful of years after the Crew Dragon spacecraft took the first astronauts to space, SpaceX is ready to fly yet another private astronaut mission. The Dragon's first flight was for NASA astronauts, but SpaceX rapidly moved to gain a foothold in the private crewed low Earth orbit (LEO) exploration market by opening up the Crew Dragon for private missions. SpaceX's only corporate, private customer for Crew Dragon is Axiom Space, and the duo are gearing up to launch the Ax-3 mission from NASA's Kennedy Space Center in Florida tomorrow. Axiom Space's media conference for the Ax-3 mission […]
A lot has been written on the impact that the launch of spot Bitcoin ETFs in the US will unleash on the world's preeminent cryptocurrency. Some think that these investment vehicles will make Bitcoin more volatile, dancing to the ever-changing tune of the market. Others believe that these spot ETFs will play an important role in soaking up the available BTC supply, ushering in a fundamental repricing of the world's largest cryptocurrency by market capitalization. Based on the initial trends, the latter hypothesis appears closer to reality. As we noted in a dedicated post at the time, Bitcoin responded spectacularly […]
Elon Musk famously sold Tesla shares worth billions of dollars in the past few years to pay off his tax liabilities and then to acquire the X social media platform at a nosebleed valuation. Those equity liquidations are now coming back to haunt him. I am uncomfortable growing Tesla to be a leader in AI & robotics without having ~25% voting control. Enough to be influential, but not so much that I can’t be overturned. Unless that is the case, I would prefer to build products outside of Tesla. You don’t seem to understand… — Elon Musk (@elonmusk) January 15, […]
After building a satellite internet constellation of thousands of spacecraft, SpaceX's Starlink is continuing to make advances in the industry. In an announcement just moments back, the SpaceX subsidiary has shared that Starlink will now connect agricultural equipment such as tractors made by John Deere in rural areas of the U.S. Farmers and other workers often find it difficult to secure internet access in their fields due to large areas and low population density. Today's announcement is the third big one for Starlink in 2024, as the firm announced earlier this month that it enables children in Mozambique to complete […]
With the New Year finally with us, investment bank Morgan Stanley is out with its fresh note for the Taiwan Semiconductor Manufacturing Company (NYSE:TSM), according to a report in the Taiwanese publication United Daily News (UDN). TSMC is the world's largest contract chip manufacturer, competing head to head with Intel and Samsung for manufacturing chips with the latest technologies. The industry's incessant drive to reduce semiconductor feature sizes by as much as technologically feasible has limited manufacturing options to expensive high end machines in scarce supply. These machines, called EUV equipment, will prove key to TSMC unlocking more market share […]
Novo Nordisk is currently plowing billions of dollars into new facilities to satiate the rip-roaring demand for its GLP-1 cocktail Wegovy. Yet, a sizable supply-demand gap persists, prompting the pharma giant to flag the possibility of "supply disruptions" in the near term. To wit, Novo Nordisk has now announced via a supply update that it has resumed the shipments of 1.7 mg dose strength Wegovy GLP-1 cocktail in the US following a "short-term stock-out." Bear in mind that 1.7 and 2.4 mg dose strengths are primarily geared toward weight loss maintenance. However, the company chose to flag the potential for […]
OpenAI's Sam Altman, who was working to raise billions of dollars in new investments late last year before an internal revolt resulted in his brief departure and an equally dramatic restoration at the helm of one of the world's leading artificial intelligence companies, has reportedly upped the ante and is now seeking to build a vast network of chip fabrication plants. Back in November 2023, reports emerged that Sam Altman was trying to raise funds in the Middle East for a new venture that would, in due course, aim to subvert NVIDIA's dominance in the field of AI chips. The […]
The burgeoning hype around GLP-1 weight loss drugs as a panacea for the obesity pandemic has propelled Eli Lilly and Company (LLY) shares to previously unimaginable zeniths while leaving Pfizer (PFE), a former darling of the pharma world, in the proverbial dust bowl. One of the most eye-opening charts you'll see right now, this shows Eli Lilly's $LLY price to sales ratio vs Pfizer's $PFE price to sales ratio over time. Lilly is up to 18x versus Pfizer's 2x. The two were roughly the same in early 2021. pic.twitter.com/g9ycAWBEiM — Bespoke (@bespokeinvest) January 19, 2024 As is shown in the […]
Within years of becoming the first company in human history to have flown astronauts to space, SpaceX hasn't looked back since then. The firm sent another complement of astronauts to the International Space Station (ISS) earlier today as the Falcon 9 lifted off from NASA's Kennedy Space Center in Florida with the Ax-3 mission on board. Apart from flying government sponsored and trained astronauts to space, SpaceX's Crew Dragon has also flown private missions. Today's mission was Crew Dragon's fourth private launch to space and the third for Axiom Space on SpaceX's spacecraft. Its launch saw a crew of European […]
While 2023 cannot be marked as a great year for the global semiconductor industry, it did mark a small win for Intel Corporation as it retook the crown from Samsung as the world's biggest chip company. The semi-industry is divided into memory and non-memory companies, and both are equally important for outputting products that power the world's computers and gadgets. Data from Gartner that was released yesterday shows that during 2023, Intel's revenue stood at $48.7 billion, significantly higher than Samsung's $39.9 billion. Intel Navigates Global Semi Revenue Decline Through Diversifying Away From Memory Chips Gartner's report covers revenue from […]
Tesla shares are not partying with the rest of the "Magnificent 7" grouping of high-flying, growth-focused stocks, hammered by the residual fears of persistent demand weakness prompting additional price cuts, which then bleed into the company's all-important gross margin metrics. Consider the fact that the EV giant's shares are down around 13 percent in the first two weeks of 2024. Against this relatively morose backdrop, Elon Musk has now opened a whole new "can of worms" by publicly asking for a 25 percent voting control over Tesla, as per a new investment note from Jeffries. I am uncomfortable growing Tesla […]
Digital World (NASDAQ: DWAC), the Special Purpose Acquisition Company (SPAC) that is slated to take the parent of the Truth Social app - Trump Media and Technology Group (TMTG) - public in a reverse merger deal, continues to pay the price for not adhering to its contract timelines, bogged down as it is by a number of federal investigations. Digital World raised supplemental PIPE investments worth $1 billion back in 2022. These investments were supposed to bolster Truth Social's finances after the consummation of the merger agreement between Trump Media and Technology Group and Digital World. That consummation, however, has […]
Within just a handful of years after the Crew Dragon spacecraft took the first astronauts to space, SpaceX is ready to fly yet another private astronaut mission. The Dragon's first flight was for NASA astronauts, but SpaceX rapidly moved to gain a foothold in the private crewed low Earth orbit (LEO) exploration market by opening up the Crew Dragon for private missions. SpaceX's only corporate, private customer for Crew Dragon is Axiom Space, and the duo are gearing up to launch the Ax-3 mission from NASA's Kennedy Space Center in Florida tomorrow. Axiom Space's media conference for the Ax-3 mission […]
A lot has been written on the impact that the launch of spot Bitcoin ETFs in the US will unleash on the world's preeminent cryptocurrency. Some think that these investment vehicles will make Bitcoin more volatile, dancing to the ever-changing tune of the market. Others believe that these spot ETFs will play an important role in soaking up the available BTC supply, ushering in a fundamental repricing of the world's largest cryptocurrency by market capitalization. Based on the initial trends, the latter hypothesis appears closer to reality. As we noted in a dedicated post at the time, Bitcoin responded spectacularly […]
Elon Musk famously sold Tesla shares worth billions of dollars in the past few years to pay off his tax liabilities and then to acquire the X social media platform at a nosebleed valuation. Those equity liquidations are now coming back to haunt him. I am uncomfortable growing Tesla to be a leader in AI & robotics without having ~25% voting control. Enough to be influential, but not so much that I can’t be overturned. Unless that is the case, I would prefer to build products outside of Tesla. You don’t seem to understand… — Elon Musk (@elonmusk) January 15, […]
After building a satellite internet constellation of thousands of spacecraft, SpaceX's Starlink is continuing to make advances in the industry. In an announcement just moments back, the SpaceX subsidiary has shared that Starlink will now connect agricultural equipment such as tractors made by John Deere in rural areas of the U.S. Farmers and other workers often find it difficult to secure internet access in their fields due to large areas and low population density. Today's announcement is the third big one for Starlink in 2024, as the firm announced earlier this month that it enables children in Mozambique to complete […]
With the New Year finally with us, investment bank Morgan Stanley is out with its fresh note for the Taiwan Semiconductor Manufacturing Company (NYSE:TSM), according to a report in the Taiwanese publication United Daily News (UDN). TSMC is the world's largest contract chip manufacturer, competing head to head with Intel and Samsung for manufacturing chips with the latest technologies. The industry's incessant drive to reduce semiconductor feature sizes by as much as technologically feasible has limited manufacturing options to expensive high end machines in scarce supply. These machines, called EUV equipment, will prove key to TSMC unlocking more market share […]
Novo Nordisk is currently plowing billions of dollars into new facilities to satiate the rip-roaring demand for its GLP-1 cocktail Wegovy. Yet, a sizable supply-demand gap persists, prompting the pharma giant to flag the possibility of "supply disruptions" in the near term. To wit, Novo Nordisk has now announced via a supply update that it has resumed the shipments of 1.7 mg dose strength Wegovy GLP-1 cocktail in the US following a "short-term stock-out." Bear in mind that 1.7 and 2.4 mg dose strengths are primarily geared toward weight loss maintenance. However, the company chose to flag the potential for […]