Apple restarts iPhone X production over poor iPhone XS, XS Max sales
Poor iPhone XS, XS Max sales force Apple to restart production of iPhone X Apple had halted the production of its 10th-anniversary smartphone, iPhone X to make way for its three new iPhones for 2018 – the iPhone XS, iPhone XS Max, and iPhone XR. However, Apple has restarted the production of iPhone X in […]
LG, Huawei, and Samsung all think Flex is a great name for a foldable phone
Some of the big tech companies leading the way when it comes to foldable phones aren’t exactly flexing their creative muscles when it comes to choosing a name for their novel handsets. Ok, granted, there are probably only so many naming conventions that accurately convey what you as a consumer are getting when you buy […]
What To Expect For AI (Artificial Intelligence) In 2019
AI (Artificial Intelligence) continues to be red hot. Then again, every top tech company is investing heavily in the technology, such as Amazon.com, Facebook, Microsoft and Google. But AI is more than just about big companies. Keep in mind that the technology is getting much easier and affordable to use. “We are seeing the democratization […]
Cybersecurity firm acquired by BlackBerry focuses on the ‘unknown unknowns’
In its biggest deal yet, BlackBerry Ltd. is buying a cybersecurity company that boasts artificial-intelligence technology capable of predicting digital attacks that customers may not see coming. Waterloo, Ont.-based BlackBerry announced Friday that it had agreed to buy Irvine, Calif.’s Cylance Inc. for US$1.4 billion in cash, in addition to taking on responsibility for unvested […]
Bank of America sees market decline next year: ‘There is now an alternative to stocks’
There is a good chance stocks stall out next year as credit conditions tighten and earnings growth slows, according to Bank of America Merrill Lynch. “We believe the peak in equities is likely before the end of 2019,” wrote Savita Subramanian, equity and quantitative strategist at Bank of America Merrill Lynch, in a note this […]
Dow falls more than 150 points, posts worst Thanksgiving week decline since 2011
Stocks fell on Friday as some of the most popular technology shares were under pressure once again, while a steep drop in oil prices also weighed on equities. The Dow Jones Industrial Average dropped 178.74 points to 24,285.95 while the S&P 500 pulled back 0.65 percent to 2,632.56. The Nasdaq Composite dipped 0.5 percent to […]
What Happened in the Stock Market Today
Stocks slumped on Black Friday, extending the week’s declines in the abbreviated post-Thanksgiving session. Both the Dow Jones Industrial Average (DJINDICES: ^DJI) and the S&P 500 (SNPINDEX: ^GSPC) lost about 0.7%. Oil stocks led the broader market lower along with crude oil prices — with the SPDR S&P Oil & Gas Exploration & Production ETF […]
US, Korea, China Stock Markets Plummet: is Crypto Correlated?
The crypto market is continuing to lose its value as the U.S., South Korea, and China demonstrate record high losses in their respective stock markets. As an alternative store of value, cryptocurrencies are considered as viable long-term investments, especially by millennials, in a period of global financial market instability and volatility. However, recent weeks have […]
Aimia president leaves less than three months after coming onboard
MONTREAL — Aimia Inc. is announcing the departure of its president and chief strategy officer less than three months after taking the job. In late August, the Montreal-based company hired Nathaniel Felsher from Deutsche Bank in New York, where he co-headed the firm’s aviation corporate and investment banking group. Aimia says in a two-sentence release […]
‘The case … no longer is clear cut.’ BoC’s inflation targeting policy meets resistance
There are about three million Canadians working today who have no idea what real inflation looks like. Since the mid-1990s, the Consumer Price Index has stayed pretty close to the Bank of Canada’s rough target of two per cent. That remained true in October, when the CPI was 2.4 per cent higher than a year […]