CNBC’s Josh Lipton checked out the new iPhone X (pronounced “iPhone Ten”) following Apple‘s press event on Tuesday. It’s certainly a looker, with a new display that stretches across the entire front of the phone, and no home button for the first time since the iPhone came out in 2007. Instead, you’ll use a feature […]
Read moreChamath Palihapitiya is a big believer in digital currencies. “We’ve been massively long” bitcoin for years, Palihapitiya said at the Delivering Alpha Conference in New York on Tuesday. “The genie is fundamentally out of the bottle,” he added on the power of the blockchain. He doesn’t think it will blow up as JPMorgan Chase CEO […]
Read moreThe activist fund Marcato Capital, fresh off a victory in Buffalo Wild Wings, has taken a stake in a construction equipment maker it says is poised to grow after strategic re-positioning. Mick McGuire of Marcato Capital talked about the stake at the Delivering Alpha conference in New York on Tuesday. Marcato began buying last year […]
Read moreApple held its highly-anticipated event on Tuesday at the company’s new Steve Jobs Theater. Notably, Tim Cook’s opening monologue paid tribute to Jobs, the company’s late founder. Before he delved into an overview of Apple’s latest products, the company’s CEO told audience members that Jobs had a unique gift. He had “an uncanny ability to […]
Read moreThe much-anticipated new iPhone X — pronounced iPhone 10 — has officially arrived. It comes with a host of new features, but at a steep price: $999. While many tech enthusiasts will gladly fork over a grand to upgrade to the new model, the price has left others balking. If you’d rather blow your cash […]
Read moreSaba Capital’s Boaz Weinstein said the high yield debt market is overvalued and as a result he is betting against the bonds of retailers and hospitals. “Let’s unpack high yield … the reward isn’t there” given the risk, Weinstein said at the Delivering Alpha Conference in New York on Tuesday, noting that smaller retail investors […]
Read moreApple stock fell amid disappointment the company will not begin taking orders on its much anticipated iPhone X model until October. It ended Tuesday trading at $160.82, down 0.4 percent. There was also concern about its new facial recognition technology, after the function failed when it was being demoed by Apple during its unveiling. The […]
Read moreIn the months after Apple announced its health and fitness-tracking Apple Watch, users started making some surprising declarations. The Apple Watch had saved their life. Apple’s executive team took note. At an event on Tuesday, where it unveiled a new version of the Apple Watch, the company showcased some of these heartwarming user stories: People […]
Read moreThe iPhone you want to buy, and the one you should upgrade to, isn’t coming out until November. Apple announced three new iPhones on Tuesday: iPhone 8, iPhone 8 Plus and iPhone X (pronounced iPhone ten.) The iPhone 8 and iPhone 8 Plus aren’t that compelling, especially if you’re coming from an iPhone 7 or […]
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JPMorgan Chase CEO Jamie Dimon took a shot at bitcoin, saying the cryptocurrency “is a fraud.” “It’s just not a real thing, eventually it will be closed,” Dimon said Tuesday at the Delivering Alpha conference presented by CNBC and Institutional Investor. Dimon joked that even his daughter bought some bitcoin, looking to cash in on […]
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